Assets Archives - Gurukul Kendra

Assets

Tangible objects or intangible rights owned by an enterprise and carrying probable future benefits. NOTE- Anything assets for you

158 total views, no views today

The excess of revenues of a period over its related expenses during an accounting year is profit. Profit increases the

160 total views, no views today

Expense is a type of cost that has been expired and incurred to generate revenues, it is presented in profit and loss statement

219 total views, no views today

Spending money or incurring a liability for some benefit, service or property received is called expenditure. Purchase of goods, purchase

144 total views, no views today

Costs incurred by a business in the process of earning revenue are known as expenses. Generally, expenses are measured by

140 total views, no views today

These are the amounts of the business earned by selling its products or providing services to customers, called sales revenue.

143 total views, no views today