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Stock and bonds providing income through dividens and interest is the same as money used as which of these?
Wiki User
∙ 11y ago
storehouse of value
Wiki User
∙ 11y ago
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What are stocks and bonds providing income through dividends and interest the same as?
Storehouse of value. (:
Is interest on fixed deposit an expense or income?
To the depositor, it is an income but to the bank or institution providing the fixed deposit as a product, it is an expense.
Stocks and bonds providing income through dividends and interest is the same as money use as which of these?
USED as a part of all of your gross worldwide income that you will report on your 1040 federal income tax return. You would have some dividend income and some interest income to be reported on the tax form. Generally, dividends are taxed differently (more beneficially) than interest. Interest is ordinary income at your normal rate, which depends on your circumstances. Whereas dividends are taxed like long term capital gains rates with the max being 15%.
Does interest revenue go on income statement?
Yes all revenues are part of income statement and interest revenue also that’s why it is shown in income statement as other income.
Where does interest expense in the income statement?
Interest expense is shown at debit side of income statement because it is an expense for business.
What are stocks and bonds providing income through dividends and interest the same as?
Storehouse of value. (:
Is interest on fixed deposit an expense or income?
To the depositor, it is an income but to the bank or institution providing the fixed deposit as a product, it is an expense.
Stocks and bonds providing income through dividends and interest is the same as money use as which of these?
USED as a part of all of your gross worldwide income that you will report on your 1040 federal income tax return. You would have some dividend income and some interest income to be reported on the tax form. Generally, dividends are taxed differently (more beneficially) than interest. Interest is ordinary income at your normal rate, which depends on your circumstances. Whereas dividends are taxed like long term capital gains rates with the max being 15%.
What is the difference between operating income and non-operating income?
Operating income is that income which is earned through primary business activity while non operating income is that part of income which is not generated through primary operations of business like interest income, dividend income etc.
Exactly what is a Stated Income mortgage loan and is it riskier than other types?
Stated income basically means that you are not providing proof of your income but you are stating it. The risk is that the borrower may not have stable income and the lender may charge higher interest rates.
Is interest income reportable?
Earned interest is reported as income.
What is the journal entry to record accrued interest income?
debit interest receivablecredit interest income
What is the journal entry for accrued interest income from an investment?
Debit interest receivableCredit interest income
Who should create the journal entry for interest income?
debit interest receivablecredit interest income
Is interest income is debit or credit?
Interest income would be a credit entry, as it increases a form of revenue. If the interest income is received in cash, the entry would be: Dr Cash Cr Interest income If the income was not yet received but will be at a later date, the entry would be: Dr Interest receivable Cr Interest income In either case, the Interest income account would be credited.
Is interest income an expense asset or liability?
Interest income is part of revenue.
What is gross interest income?
It is income on interest (from savings) that has not been subject to tax
