Question

What is difference between Net Income and Net Loss?

Answer 1

net loss is i think the net is lossed

Answer 2

well net income is reciving money and net loss is money losing

Answer 3

From google.... smallbusiness.com or something
Your net income or net loss equals your total revenues minus your total expenses for an accounting period. If your revenues are greater than expenses, you have net income. If revenues are less than expenses, you have a net loss.

Answer 4

Net loss is where you have a specific amount of money and you go over it. Net income is how much someone makes minus all of their bills.