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The amount a business earns over and above what it spends for salaries and other expenses is called?
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∙ 10y ago
profit
Wiki User
∙ 10y ago
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What is the money that is left over after all of the business expenses are paid called?
ProfitMoney that is left after all business expenses are paid is called profit.
The money left over after all of a business's expenses ae paid is called a?
profit
What are Goods purchased for future use in the business such as supplies called?
pre paid expenses
What is it called when the owner of a business invests money into the business?
Its called capital
WHAT IS THE Abbreviation for business doing business as?
This is called a DBA.
What is it called expenses such as heat light and salaries?
Ovethead
What is difference between expenses and losses?
A business (company or individual) earns money - called earning or revenue. To earn this, the entity incurs expenses - such as material, salaries, telecom costs. When you subtract the expenses from the revenue, the result is called 'profit', if it is positive, and 'loss', if negative. So the difference is - expenses are the costs incurred by a business, and loss is the difference between earnings and expenses, (if expenses are more than revenues).
What is Preliminary Expenses?
All the expenses which a business incurred from start of business to actual start of operations of revenue generating activity of business is called preliminary expenses.
What is the money that is left over after all of the business expenses are paid called?
ProfitMoney that is left after all business expenses are paid is called profit.
Is salaries a recurrent expenditure?
Salaries are require to be paid every month so it is a recurrent expenditure of business and called the revenue expenditures.
What is it called When a business's expenses are greater than its revenues?
jh
What is out standing expense?
The expenses remaining unpaid at the end of the accounting period are called outstanding expenses.Certainly expenses like salaries,rent etc. of the every month will be paid in the next months.
Distinguish between outstanding expenses and unexpired expenses?
Those expenses which have been paid in advance and whose benefit will be available in future are called unexpired or prepaid expenses. e.g. insurance premium The expenses remaining unpaid at the end of the accounting period are called outstanding expenses.Certainly expenses like salaries,rent etc. of the every month will be paid in the next months. By ADITYA (UPES)
What is the difference amount of expense over income called when income exceeds expense?
Expenses more than income is called "Loss" Income over expenses called "Profit"
What is after all expenses are subtracted the amount of money left after a sale is called a?
profit
The money left over after all of a business's expenses ae paid is called a?
profit
What are Goods purchased for future use in the business such as supplies called?
pre paid expenses
