Terms of Financial Accounting

What-is-Operating Profit

What is Operating profit – Explanation with Examples

What-is-Net-Profit

What is Net profit – Explanation with Examples

What-is-Gross-Profit

What is Gross profit – Explanation with Examples

What-are-incomes

What are Incomes – its types and examples

What-are-Expenses

What are Expenses – its types and examples

What-is-sale

What is Sale? – Explanation with Examples

What-is-Purchase

What is Purchase? – Explanation with Examples

What-is-Expenditure

What is Expenditure – its types and examples

What-is-Cost-of-Goods-Sold-COGS

Cost of Goods Sold (COGS) – its Formula and example

What-is-Inventory

What is Inventory – Types of Inventories – Example

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