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What is the difference between fixed income and fixed interest?
Wiki User
∙ 13y ago
Fixed income is when an individual has a source of income that is reliable, but often limited. Examples include social security, pensions, etc.
Fixed interest means that the rate of interest charged or accrued from a transaction will not change during the term of the contract. The opposite of this is called variable interest (most common with credit cards and some home mortgages).
Wiki User
∙ 13y ago
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Is interest from fixed deposit an expense or income?
an income
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.
Difference between fixed income and equity?
Equity investments usually consist of stocks that are traded on the stock exchanges, or stock mutual funds where the money of a large number of investors is pooled and spread over a number of different stocks. Fixed-income investments include vehicles like corporate or government bonds or bond mutual funds. Bank certificates of deposit (CDs) and savings accounts that feature a fixed interest rate are also considered to be fixed-income investments.
How do you make journal entries on provision on interest on fixed deposit?
To make a journal entry for provision on interest on fixed deposit, you would debit the Provision for Interest on Fixed Deposit account to recognize the expense and credit the Interest Income account to reduce the income earned on the fixed deposit. This adjustment ensures that the financial statements reflect the estimated liability for future interest payments accurately.
Is the government bond the same as the fixed income securities?
Fixed Income Securities are investments in which the income or interest earning is fixed and can be predicted accurately. Bonds & Debt Mutual funds would come under Fixed Income Securities. Government Bonds are also one among the many Fixed Income Securities available for us to invest.
The difference between fixed and variable inputs?
difference between fixed and variable inputs
What is difference between fixed asset and inventory?
What is the difference between fixed asset and inventory
What can be the definition of fixed income investment?
A fixed-income investment generally pay interest on specific schedule with a promise to return the principle at maturity, but is not guaranteed. Basically they provide regular income that is predictable.
A company's fixed interest expense is 8000 its income before interest expense and income taxes is 32000 Its net income is 9600 The company's times interest earned ratio is?
Formula for times interest earned = earning before interest and tax / interest expense Times interest earned = 32000 / 8000 = 4 times
What is the difference between fixed and adjustable interest rates?
Under a fixed rate, the rate does not change during the duration. An adjustable rate is one that can be changed. For instance, if I have 3% interest on something, it can be changed to, say, 3.4% under an adjustable rate.
Why do income statements for internal purposes differ to published income statements?
The difference in operating income between the two methods is the difference in ending inventory values, which is the fixed overhead costs that have been capitalized as an asset ( inventory ) because overhead costs that have been capitalized as an asset.
What is the difference between a Halifax mortgage and a fixed rate morgtage?
A Halifax mortgage allows you to choose either a fixed or adjustable mortgage while a fixed rate mortgage only allows a certain interest rate to be available during the life of the loan.
