Drawings are reduction of capital as it is owner withdrawal of cash from business and it do not affect profit.
iincreases the net profit
yes
it will either increase or decrease profit. Prepaid expense should increase profit as the amount has been overstated.
these are expenses which are deducted from the income of a business and reduce their amount of taxable income. for example, the cost of a renting a store will be deducted from a stores profit.
Breakages in an outlet can lead to decreased sales due to lost inventory, increased operational costs for repairs or replacements, and a negative impact on customer experience which may deter repeat business. Overall, breakages can significantly reduce the profitability of an outlet.
How do you charge the breakages in hotel industry? How do you reduce it?
Not all thrift stores are non-profit, though most are. It depends whether you have a business or non-profit status.
No.
cash register...profit...revenue cash register...profit...revenue
Family Christian Stores were founded in 1932 and have 280 stores in 38 states. In 2012 they went from being a for profit company to being 100% non profit.
3%
Breakages can be caused by factors such as poor handling or misuse, manufacturing defects, excessive force or pressure, and exposure to extreme temperatures or environmental conditions. Additionally, age and wear and tear can weaken materials, leading to breakages.
i dont know what does profit affect microeconomics
Drawings are reduction of capital as it is owner withdrawal of cash from business and it do not affect profit.
iincreases the net profit
yes