The author posted a question in Business, Finance
Where's my profit, my income, my expenses and my profit? and got a better answer
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Response from 0[+++++]
12000 rubles. -revenue. 12000-10000= 2000 gross profit.
12000 rubles. -revenue. 12000-10000= 2000 gross profit.
Response from 0[+++++]
Revenue is everything obtained from entrepreneurial and not only entrepreneurial activities Revenue is the funds obtained directly from the sale of goods, works or services. It is a part, albeit a very substantial one, of income. In addition to revenues, income may include, for example, funds received from participation in the activities of other organizations of dividends, interest on deposits or loans issued, etc. For IE the more engaged in one type of activity the conceptsvyruchivok and income coincide, since other income besides revenue they usually do not So in your case, INCOME = OUTCOME = 12000 rubles Expenses are the costs incurred in connection with the business activities. They include the cost of raw materials and supplies or purchased goods, transportation costs, workers' compensation along with their insurance premiums and many other things, even electricity for the office or the purchase of paper for billing purposes. By the way - with a few exceptions, money spent on taxes is not considered expenses. In your case, expenses are money spent to buy furniture EXPENSES= 10,000 rubles Profit is the result of the business, everything you have made net, i.e., excluding expenses So, EXPENSES= INCOME - EXPENSES In your case, 12,000 - 10,000= 2,000 rubles
Revenue is everything obtained from entrepreneurial and not only entrepreneurial activities Revenue is the funds obtained directly from the sale of goods, works or services. It is a part, albeit a very substantial one, of income. In addition to revenues, income may include, for example, funds received from participation in the activities of other organizations of dividends, interest on deposits or loans issued, etc. For IE the more engaged in one type of activity the conceptsvyruchivok and income coincide, since other income besides revenue they usually do not So in your case, INCOME = OUTCOME = 12000 rubles Expenses are the costs incurred in connection with the business activities. They include the cost of raw materials and supplies or purchased goods, transportation costs, workers' compensation along with their insurance premiums and many other things, even electricity for the office or the purchase of paper for billing purposes. By the way - with a few exceptions, money spent on taxes is not considered expenses. In your case, expenses are money spent to buy furniture EXPENSES= 10,000 rubles Profit is the result of the business, everything you have made net, i.e., excluding expenses So, EXPENSES= INCOME - EXPENSES In your case, 12,000 - 10,000= 2,000 rubles