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Category Archives: Accounting

KIP Certification > Blog > Accounting
28 Dec
0

Accounting Mistake in Understanding of Profit

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Account, Accounting Accounting, ACCOUNTING MISTAKE, KNOW YOUR ACCOUNTING MISTAKE

             Accounting Mistake in Understanding of “Profit”

 

Dear Students,

We should love mistakes. Each mistake has an opportunity to make you wiser. Let’s understand the mistake of misunderstanding profits. The most of  students think that more the profit is, more the richer organization. But it is not correct. Cash is blood of a organization and organization cannot run when cash is dried out. The r

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