The excess of revenues of  a period over its related expenses during the accounting year.

Which are the economic resources of an enterprise that can be usefully expressed in monetary terms?

Which is a measure of something on hand-  goods, spares and other items in a business?

The excess of expenses is called:

Which stock is the amount of stock at the beginning of accounting period?

Which assets are assets hold on a  short term basis?

Revenue is also called:

Which is true?

Which is the withdrawal of goods by the owner from the business for personal use?

Which are the total amount of goods procured by a business on credit and on cash for sale?