I don’t wish to knock profit. It’s important. But I also suspect that most users of accounts really do not know what it is.
Some might think it’s something tangible that they might see, or even physically count. But of course, it is not. It’s a residual. That’s because it is the difference between income and expenditure.
We can’t count residuals, eh? Makes a true buggery of attempts to tax what can’t be counted then.