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- Profit is a financial term used to assess business performance and represents the residual revenue after deducting expenses. On the other hand, gain is a broader term that can be used in various contexts, reflecting any positive outcome or increase in value.diferr.com/difference-between-profit-and-gain/
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WEBLearn the meaning and distinction of gain and profit in accounting, two terms that are often confused but have different implications for your business finances. Gain is a benefit from selling an asset, while profit is …
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