Income less than expenses negative numbers below zero. Income more than expenses. Positive numbers above zero a net profit from the business operation.
that in production you sell and in consumption you buy:)
Hi Sir Retained earnings are not shows any effect on your income, because it is same, neither decreased gains or nor increase losses.
Exclude certain gains and losses that are included in comprehensive income
the accounts must be blance off if ur doing the trial balnce
Cyanobacteria gains energy through the sun, while archaebacteria gains energy through chemosynthesis (a process in which organisms gain energy through molecules such as sulfur)
"Earnings" generally refer to wages paid for personal labor whether by the hour or otherwise. "Unearned income" on the other hand, refers to gains from stock or interest but not labor for wages.
Not against earnings (from your income tax), but you can offset losses against future capital gains and thereby reduce your capital gains tax (UK tax law).
stock of a corporation that has had faster than average gains in earnings and is expected to continue to grow
On distribution tax is paid on the contributioons and all gains. The contributions and investment earnings are NOT taxed until then.
Usually it is used to mean that someone profited by doing illegal things. For example, the money that drug dealers accumulate would be called illicit gains. Illicit is another word for illegal. Gains are rewards, profits, money, earnings, payoff, etc.
The statement of retained earnings is a business statement that illustrates the total retained earnings by a company at the end of a period. Basically the statement starts with retained earnings from the previous period, then adds any gains (on investments) and subtracts any losses (dividends declared, goodwill, discontinued operations). You are then left with the retained earnings for the current period.
an ion is when an element loses or gains one or more electrons. an isotope is when a element loses or gains one or more neutrons. when one or more proton(s) is/are gained or lost, it becomes a different element.