0
My income. Your income. Their income. I have two sources of income. I don't think "incomes" is very correct but it is entering popular usage.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
How do you calculate percentage for expenses on an income statement?
Its the amount of expenses divided on the amount of incomes *100 , so we can get the percentage of expenses from incomes .
Why expenses debited in the income statement?
All incomes and expenses related to one fiscal year arrives in income statement as it is the sole purpose of income statement to show all expenses and incomes to arrive and net profit or net loss for that period.
Consolidated income statement?
Consolidated income statement is that statement in which expenses and incomes of subsidiary as well as parents companies shown as a joint in one single income statement.
How does the contribution margin income statement differ from the income statement used in financial reporting?
Income statement in financial reporting is different in this sense that in that income statement all expenses and incomes are shown as incomes and expenses and there is no classification of fixed expenses or variable expense while in contribution margin income statement expenses are shown in this way that separate the fixed expenses from variable portion of expenses.
What are revenue income and expendecture?
Basically, incomes and expenditures that take place regularly, as opposed to capital income and expenditure. Salaries, Rent, Printing and Stationary are examples of Revenue Expenses. Discount allowed, Rent received etc, are examples nof Revenue Incomes
What are the categories in an income statement?
+ Incomes or Revenues - Expenses
How do you calculate percentage for expenses on an income statement?
Its the amount of expenses divided on the amount of incomes *100 , so we can get the percentage of expenses from incomes .
Why expenses debited in the income statement?
All incomes and expenses related to one fiscal year arrives in income statement as it is the sole purpose of income statement to show all expenses and incomes to arrive and net profit or net loss for that period.
Where people with lower incomes pay a larger portion of their income?
regressive tax
What is casual incomes?
Casual income means such income the receipt of which is accidental and without any stipulation.It is the nature of an unexpected windfall.
Can a spouse's income be used on a mortgage loan if she is not a co-borrower?
No, you can't use your spouse's income on a mortgage loan if she isn't going to "sign" it as a co-borrower. Only the incomes of those who sign for the loan are considered.
What is degreesive tax?
› TAX a type of tax in which people with high incomes pay less tax as a percentage of their income than those people with low incomes:
What is averaged income per year for songwriters?
There isn't a published income for songwriters. Incomes can be substantial and include wages, flat service fees or royalty income
Is the federal income tax proportional progressive or regressive?
The federal income tax is progressive A tax that charges more for higher incomes
What is the typical income of a gay person?
average incomes aren't different for gay people.
Can you make me a sentence using income?
In a third world country people have low incomes.
Consolidated income statement?
Consolidated income statement is that statement in which expenses and incomes of subsidiary as well as parents companies shown as a joint in one single income statement.
