Accountancy, asked by sid9152, 9 months ago

what is the difference between profit and income​

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Answered by Anonymous
2

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Income is the top-line revenue. This number is calculated by tallying every penny that came into the company during a given period. Income is commonly referred to as “Gross Revenue.” On the other hand, profit is the amount that is left over after the expenses have been paid.

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Answered by golakpraharaj73
2

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