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The formula for determining profit is Revenue - Expenses Expenses - Revenue Assets + Owner's equity Liabilities + Owner's equity
The formula for determining profit is
| Revenue - Expenses | ||
| Expenses - Revenue | ||
| Assets + Owner's equity | ||
| Liabilities + Owner's equity |
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Writing About Finance And Business
Authors: Alexandrea Geddes
First Canadian Edition
1927023866, 978-1927023860
