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Net loss "VS" Gross loss.?

how to define the difference between the above pairs? please suggest as simple way as possible.

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Question added by Mehboob Ali Laghari , Social Mobilization Team Incharge , TRDP-European Union
Date Posted: 2015/07/14
Zahri Kahoor
by Zahri Kahoor , Insurance Incharge , Al Sultan Modern Medical Hospital

A gross loss is the amount of money your business has paid for expenses such as equipment purchases, payroll, duty fees and leasing charges to keep your company in operation where as A net loss occurs when your business expenses exceed your total income for your business.

حسين محمد ياسين
by حسين محمد ياسين , Finance Manager , مؤسسة عبد الماجد محمد العمر للمقاولات العامة

agree with answer >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

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