What is the difference between Revenue, Net Profit & Net Income ?

\t\t\tMeaningThe actual amount received by the company through its business activities without any deduction is known as revenue.The surplus remained after reducing all expenses from the revenue is known as profit.The actual earnings of the company during a particular accounting year is known as income.TypesOperating Revenue and Non - Operating RevenueGross Profit and Net ProfitEarned Income and Unearned IncomeDependencyRevenue is not dependent on Income and Profit.Profit is dependent on Revenue.Income is dependent on Revenue and Profit.\t

1.	What is the difference between Revenue, Net Profit & Net Income ?
Answer»		BASIS FOR COMPARISON	REVENUE	PROFIT	INCOME

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