Net Monetary Loss Measure
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A Net Monetary Loss Measure is a Net Income Measure if the value is negative.
- See: Gross Loss, Net Game Loss.
References
2022
- https://smallbusiness.chron.com/determine-net-income-net-loss-after-adjusting-entries-25076.html
- QUOTE: ... Subtract total expenses from total revenue to determine your net income or net loss. If your result is positive, you have net income. If it is negative, you have a net loss. In this example, subtract $10,000 in total expenses from $15,000 in total revenue to get $5,000 in net income. ...