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Loss or a deficit.
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What is it called When a business's expenses are greater than its revenues?
jh
What is it called when your expenses are greater than your revenues on an income statement?
loss
What is it called when your expenses are greater than your revenue on an income statement?
loss
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).
If expenses are greater than income there is no what?
There is no profit.
What is it called When a business's expenses are greater than its revenues?
jh
What is it called when your expenses are greater than your revenues on an income statement?
loss
What is the opposite of Deficit?
The opposite of a deficit is a surplus. A deficit occurs when a country's expenses are greater than their revenues. A surplus is the opposite.
What is an accounting loss?
It is when revenues are less than expenses.
When revenue is greater than expenses what is it called?
Loss or a deficit.
What is us deficite?
The difference, on a yearly basis, between the budget (expenses) for the federal government of the United States and revenues (income). When the expenses are more than the income, the difference is called the deficit. When the income is more than the expenses, the difference is called a surplus.
What is the us deficit?
The difference, on a yearly basis, between the budget (expenses) for the federal government of the United States and revenues (income). When the expenses are more than the income, the difference is called the deficit. When the income is more than the expenses, the difference is called a surplus.
What is it called when your expenses are greater than your revenue on an income statement?
loss
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).
If expenses are greater than income there is no what?
There is no profit.
When a firm's expenses are greater than its sales revenue the firm has a?
When a firm spends more than it gains in revenue it is called a LOSS.
Does net loss occurs when expenses are less than revenue?
Net Income : When Revenue is greater than Expenses. Net loss : When Expenses are greater than Revenue. References : Basic Accounting (111) Book .
