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Business Finance and Arithmetic — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipBusiness Finance and Arithmetic3 Marks
Question
Distinguish between:
‘Profit is not to be considered as inflow’. Comment with apt reason.
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Answer

Yes, it is correct profit is not to be considered as inflow. Nobody gives money as profit. It is always generated in the business. Hence, profit is not to be included as inflow.

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