definition of proceeds of sale?

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definition of proceeds of sale?

2007-08-09 02:35:19 · 2 answers · asked by Anonymous in Business & Finance ➔ Investing

2 answers

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2007-08-09 05:09:42 · answer #1 · answered by Yodo 2 · 0⤊ 0⤋

The proceeds are the money you get when the sale is concluded.

The total amount is the gross proceeds. If there are any commissions, fees, etc., what's left over after all those are deducted are the net proceeds.

2007-08-09 09:45:07 · answer #2 · answered by El Jefe 7 · 0⤊ 0⤋