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Tag: income

by basic mahitiPosted on19th August 201919th August 2019ACCOUNTING

Difference Between Net Income and Net Profit

Net profit can be understood as the profit arrived after working on all expenses (both cash and non-cash), interest, taxes, and losses. It is the actual…

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by basic mahitiPosted on13th August 201913th August 2019ACCOUNTING

Difference Between Revenue, Profit and Income

Revenue, profit and income, are three terms which sound same to a layman, although in business terminology there is a huge difference between them. Revenue implies the…

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