Accounting MascotAccounting Q&A

What is it called when income and expenses are equal?
submitted by vivek

JonRohnson

That's called break even. That's basically the minimum goal of your business.

Jay

Are your income and expenses actually equal?

Nokuthula

Break even

GANESH GANI KOLAR

Break even

Duop Ruach wichpam

It is called break even point, elasticity, or equilibrium.

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