Advertisements
Advertisements
प्रश्न
What is 'deficit'?
Advertisements
उत्तर
When the expenditure side of the Income and Expenditure Account exceeds its income side, we have a deficit. In case of profit-seeking entities, it is termed as a loss (ascertained from Profit and Loss Account).
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
