Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

We can say that the business is in profit, when:

A) Assets exceed Expenditure B) Income exceeds Liabilities C) Income exceeds Expenditure D) Income exceeds Liabilities

Accounting Asset Finance Financials
user-image
Question added by Muhammad Owais Syed , Credit Control Manager , Al Khair Trading Co. LTD
Date Posted: 2013/06/07
Upvote (2) Views (28) Followers (4) Answers (13) Report Question
Write an Answer
Register now or log in to answer.
Khaled Mohee Eldeen Abbas Mahmoud
by Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed

C

Deleted user
by Deleted user

B. Income Exceeds Expneses

Ammar Ahmed
by Ammar Ahmed , Manager , mehr cotton mill

option d

Malik Amin Muhammad Khan
by Malik Amin Muhammad Khan , Director Finance and Money Market Dealer , Pakistan Currency Exchange Pvt Lt; Franchise Dollar Shop

C

Mohamed Raafat
by Mohamed Raafat , Operation Construction Manager , Construction

both a & c

Zamokuhle Mbokane
by Zamokuhle Mbokane , Internal Auditing Intern , DR PIXLEY KA SEME LOCAL MUNICIPALITY

C

Ismail Mamoojee
by Ismail Mamoojee , Group Compliance Officer , Liberty

C

Muhammad Waqas
by Muhammad Waqas , Accountant , Rafiq & Sons

For a particular time period/ financial year.
C because profit =income- expenses

Mary Akiki
by Mary Akiki , beauty adviser , abu sheikha drug store

c

See More Answers
Write Your Answer
More Questions Like This