Respuesta :

the difference between a business revenues ans its expenses is known as its profits
Parrain

The difference between the revenues of a business and its expenses are known as Income or Profits.

How is income derived?

  • Income is derived from the revenue of the business.
  • It is the amount that a business gets after taking care of its expenses.

When a company sells its goods and services, it gets revenue. The expenses that it incurred to sell those goods are then deducted from that revenue to get profit/ income.

In conclusion, this is income.

Find out more on income at https://brainly.com/question/15530787.

Otras preguntas