Operating profit is the profit earned through the operating activities of the firm. This has been calculated as:

Operating profit is calculated by deducting the operating expenses from the operating income. Operating expenses are those which are directly related to the core business activity. 

Excess of credit over debit in profit and loss account is net profit generated by the business. This can be shown as follows:

The P&L statement reveals the company's realized profits or losses for the specified period of time by comparing total revenues to the company's total costs and expenses. Over time, it can show a company's ability to increase its profit, either by reducing costs and expenses, or by increasing sales.

This can be represented as:

Operating profit is defined as the profit earned by the business from its core business activity. There are certain item of non operating expense and non operating income which are adjusted from operating profit to find out the net profit of the business. 

Margin of safety = $\frac{Profit}{P/VRatio}$
                          = $\frac{60,000}{50%}$
                          = $\frac{60,000\times100}{50}$
                          = Rs.1,20,000

P/V Ratio = $\frac{F+P}{S}\times100$
                = $\frac{90,000+60,000}{3,00,000}\times100$
                = 50%.

Gross Profit is referred as the profit generated out of the core trading activity of the business. 

Operative profit means the profit generated through normal business operations. Excess of operating revenue over operating expenses is called operating profit. 

Earning before Interest and Tax is termed as "EBIT" in short. 

Operating profit is calculated by deducting the operating expenses from the operating income. Operating expenses are those which are directly related to the core business activity. 

Operating profit is calculated by deducting the operating expenses from the operating income. Operating expenses are those which are directly related to the core business activity. 

Operating profit is calculated by deducting the operating expenses from the operating income. Operating expenses are those which are directly related to the core business activity. 

Trading account is prepared to know the profit earned by the firm through the trading activity. Trading account is prepared by considering only direct expenses. Gross Profit depicts the direct profit earned by the firm through trading of goods.

Profit and loss account is prepared to know the profitability of the firm. All the indirect expense are debited and indirect income are credited  to find out the net profit. 

Net Profit is a profit which is generated by deducting all the indirect expenses from gross profit . Excess of  income over  expenditure in profit & loss account is called as net profit. 

An operating expenses incurred in carrying out an organisation's day-to-day activities, but not directly associated with production. These expenses incurred to operate business smoothly and efficiently. Operating expenses include such things as payroll, sales commissions, etc. 

Operating expenses are those expenditure that a business incurs to engage in any activities not directly associated with the production of goods or services These expenditure are the same as selling, general and administration expenses.

Non-operating income, in accounting and finance, is gain or losses from sources not related to the typical activities of the business or organisation. Non-operating income can include gains or losses from investments, property or assets sales, dividend, currency exchange, refund of income-tax, and other a typical gains or losses.

Operating profit = Net profit + Non operating expenses -  Non operating incomes
                          = Rs. 19,000 + Rs. 500 - Rs. 0
                          = Rs. 19,500.

Operating profit is the profit earned through the normal operations and activities of the business. Operating profit is the excess of operating revenue over operating expenses. Operating profit is calculated as:

Operating profit = Net profit + Non operating expenses - Non operating incomes.

Operating profit is the profit earned through the normal operations and activities of the business. Excess of gross profit over operating expenses is known as operating profit. Formula for calculating operating profit is:
Operating profit = Net profit + Non operating expenses - Non operating incomes.

Operating profit is the excess of operating revenue over operating expenses. While calculating operating profit, the incomes and expenses of purely financial nature are not taken into account. Thus, operating profit is profit before interest and tax (EBIT).

Opening balance of Debtors = Rs. 18000

Operating is the profit through the normal operations and activities of the business. Operating profit is the excess of operating revenue over operating expenses. 

Operating profit is the profit earned through the normal operations and activities of the business. However, while calculating operating profit expenses which are of financial nature are not taken into consideration. Operating profit is the excess of operating revenue over operating expenses. Operating profit stated as a subtotal on a companies income statement after all general and administrative expenses.

Operating profit represents the earning power of the company with regard to revenues generated from ongoing operations. Operating profit serves as an indicator to the business's potential profitability with all extraneous factor removed from the calculation.

Operating profit is the profit earned through the normal operations and activities of the business. However, while calculating operating profit expenses which are of financial nature are not taken into consideration. Operating profit is the excess of operating revenue over operating expenses.

Earnings before interest and taxes is a measure of a firm's profit that includes all incomes and expenses except interest expenses and income tax expenses. This is known as operating profit. Operating profit is the excess of operating revenue over operating expenses. Operating profit is the income earned from the core operations of a business, excluding any financing or tax-related issues.

Operating profit is the profit earned through the normal operations and activities of the business. Operating profit is the excess of operating revenue over operating expenses. Operating profit is the income earned from the core operations of a business, excluding any financing or tax-related issues. The concept of operating profit is used to investigate the profit-making potential of a business, excluding all extraneous factors.

Operating profit is the profit earned through the normal operations and activities of the business. However, while calculating operating profit expenses which are of financial nature are not taken into consideration. Operating profit is the excess of operating revenue over operating expenses. If operating income is negative, a business will likely require additional outside funding to remain in operation.

Operating profit is the profit earned through the normal operations and activities of the business. Operating profit is the excess of operating revenue over operating expenses. Operating profit is calculated as:

Operating profit = Net profit + Non operating expenses - Non operating incomes.

Operating profit = Operating revenue - COGS - General and administration expenses
                          = Rs. 10,000,000 - Rs. 4,000,000 - Rs. 3,000,000
                          = Rs. 3,000,000.

A trading account helps in determining the gross profit or gross loss of a business made strictly out of trading activities. Only direct revenue and direct expenses are considered in it. 

Assuming no returns outwards or carriage inwards, the cost of goods sold will be equal to Sales less gross profit. Goods are sold at cost plus profit. So. sales less gross profit represents the cost of goods sold.

Final Account is the final process of accounting. Final accounts include the preparation of Trading account, Profit and Loss account and Balance Sheet. The main purpose of this account is to show the profit or loss earned by the firm during the accounting period. It shows the profitability of the business. 

Net Profit is the measure of the true profitability of a venture after accounting for all costs and taxes. It is the actual profit and includes the operating expenses that are excluded from gross profit. So,
Gross Profit - Operating Expenses = Net Profit. 

Net turnover included the revenues from the sale of goods and provided services.
Gross Profit = Net Turnover - Cost of Goods Sold
So, 
Net Turnover = Gross Profit + Cost of Goods Sold.

Profit or loss is determined by matching revenues and expenses. All expenses incurred for the purpose of earning income should be debited to the account. Expenditure of revenue nature alone and that relating to only the period concerned should be debited to the account.

Profit and Loss Account measures net profit/loss by matching revenues and expenses according to the Matching Principle. The matching principle is one of the basic underlying guidelines in accounting. This principle requires a company to match expenses with related revenue. The matching is based on a cost and effect relationship.

At times. a debtor whose account had earlier been written off as bad debts may decide to make the payments. 

A common measure of a company's success equal to the net revenue that remains once all costs have been deducted. The total profits for a business forms the base income that is used to compute tax and determine how much of a dividend to pay to shareholder. 

To determine the profit/loss for the year ended :

The gain from sale of capital assets will need to be added to revenue to calculate the non - operating profit, and not gross profit, net profit and operating profit. 

Stock available = Rs.5500
Burnt due to fire = Rs.500
Goods available for sale= Rs.5000
25% of Rs. 5000= Rs.1250
Selling price= Rs.6250(5000+1250)
less: loss due to fire=Rs. 300
Net Profit=Rs.5950

The balance sheet of a company is prepared as per the format prescribed in part I of Schedule III of the Companies Act, 2013. The Schedule III prescribes only the vertical format for presentation of financial statements. Thus, a company will now not have an option to use horizontal format for the presentation of financial statements.

Bonus shares are issued by the company to the existing shareholders when the company is having short of cash but the shareholders are expecting a regular income. Issue of bonus shares does not involve any cash outflow.

Operating profit is defined as the profit earned by the firm during the course of normal trading operations. To calculate the operating profit, operational expenses are deducted from operational income. 

Operating income resulting from a firm's primary business operations (normal operations), excluding extraordinary income and expenses. Also called earning before interest and taxes. the measure revels an entity's ability to generate earnings from its operational activities.