Gross Profit vs Net Profit: Accounting Hack

Published: 04 October 2021
on channel: Accounting University
1,500
36

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In today's video, I will show you the difference between Gross Profit and Net Profit.

Many people ask this question to understand the true difference between Gross Profit and Net Profit. There are valuable both in their own right. However, you need to know when to use them in Accounting because each have different impact on the Income Statement. Take a look!

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