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Cash is liquid asset - it is the money we received not what we are promised for . Cash can also flow out of business while profit is earned by business and is represented on paper ( in the accounts ) .
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What profit is the difference between the incoming cash and outgoing cash?
cash balancing
Difference between not for profit and non profit?
No difference.
What is the difference between pay cash and pay in cash?
Nothing.
Is there a difference in selection of statistical tools for evaluation for non-profit organizations?
No. The primary difference between for profit and not-for-profit organizations is simply their income tax treatment by the IRS.
Difference between provision and reserve?
Provisions are charge against profit and Reserves are appropriation of profit.
What profit is the difference between the incoming cash and outgoing cash?
cash balancing
What is the difference between a cost center and profit center?
cost centre = the department which activities cash disbursement profit centre = the department which activities making cash
What is the difference between profit and cash flows?
Profit mean that when a company sales turnover more so extra income that we get is profit. Cash flow means inflow & outflow of cash when there is any expenses or income earned.
What is the difference between cash flow and cash?
Profit mean that when a company sales turnover more so extra income that we get is profit. Cash flow means inflow & outflow of cash when there is any expenses or income earned.
What is difference between non profit and not for profit?
There is no difference.
Difference between not for profit and non profit?
No difference.
What is the difference between a cash budget and a budgeted profit and loss account?
Cash budget estimates the cash inflows and outflows and net cash available for specific period while budgeted profit and loss is the estimated statatement for planning purpose before actual activity starts.
What is the difference between non profit hospitals and for profit hospitals?
What is difference between trust run and for-profit hospitals
What is the difference between cash accounting profit and loss and accrual accounting profit and loss?
Cash accounting and accrual accounting are two methods of accounting in cash accounting system all expenses and revenues are recorded when actual cash is paid or received while in accrual profit and loss statement, revenues and expenses are recorded when they are actually occurred and timing of receipt and payment of cash is not important.
What is the difference between Cash flow statement and income statement?
Cash flow shows the flow of cash in and out of a business while Income statement is a summarized statement showing the profit or loss made during a period.
What is the difference between not-for-profit and non-profit?
No difference. They mean the same thing.
What is the difference between not-profit and non-profit?
No difference. They mean the same thing.
