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Their is a LOSS of income, or loss for the business operation.

You can have either a LOSS or a PROFIT or possibly break even with neither a loss or a profit.

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15y ago

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What is it called when income is more than expenses?

profit


What is the difference amount of expense over income called when income exceeds expense?

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What is the us deficit?

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What is it called when your expenses are greater than your revenues on an income statement?

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What is it called when your expenses are greater than your revenue on an income statement?

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