Re: Treasurer Update - October
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Terminology / words / English language
Profit —- surplus
Loss -- deficit.
If you are given £100 to spend and only spend £90 you have a surplus of £10 to spend on something else.
If you buy something for £90 and sell it for £100 you have made a profit.
A business can take profit out of the business.
A not-for-profit business can not take money out of the business.
>>>> Former Nuneaton Boro fan <<<<
Edited by VS Boro at 18:26:03 on 18th November 2024
Treasurer Update - October by LH17/11 18:13Sun Nov 17 18:13:02 2024
3 peopleview thread- Re: Treasurer Update - October by MJNB18/11 13:30Mon Nov 18 13:30:38 2024
- Re: Treasurer Update - October by LH18/11 16:57Mon Nov 18 16:57:15 2024
- Re: Treasurer Update - October by Gustavus18/11 21:49Mon Nov 18 21:49:34 2024
- Re: Treasurer Update - October by Lord of the Manor18/11 14:37Mon Nov 18 14:37:37 2024
- Re: Treasurer Update - October by VS City18/11 18:25Mon Nov 18 18:25:10 2024 2 people
- Re: Treasurer Update - October by Lord of the Manor18/11 18:44Mon Nov 18 18:44:55 2024
- Re: Treasurer Update - October by MJNB18/11 15:12Mon Nov 18 15:12:01 2024
- Re: Treasurer Update - October by Lord of the Manor17/11 18:29Sun Nov 17 18:29:37 2024
- Re: Treasurer Update - October by LH17/11 18:54Sun Nov 17 18:54:42 2024