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Earning a living.
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What does curtailment mean in banking?
Type your answer here... loss of income in the forelcosure process.
What four groups the world bank divides the world into?
1. High income countries 2. Upper-middle income countries 3. Lower-middle income countries 4. Low-income countries
Why is agriculture called art and science?
It is called as such because a lot of creative and scientific thinking has to go into the production of livestock and crops to best raise them according the location, climate and topography of that farm and how to get the "maximum" income from the sale of crops and livestock as possible.
Average income of family in Yugoslavia?
the average income in Yugoslavia is about 7,084 a year.
What are the two basic elements of a budget?
How much income you have and how much you spend.
Why is EPS presented on the income statement as opposed to all other financial statement ratios?
Because earning for specific fiscal year is calculated in income statement that's why earning per share for specific fiscal year is also presented in income statement.
Does the journal entry for depreciation involve Cash account?
No, Depreciation is the process of allocation of fixed asset cost for it's useful revenue earning value to each fiscal year's income statement. So it does not affect cash.
What is the meaning of deffered income?
When you have earned income but will get paid in the future rather than upon earning it.
What does pension?
A pension is an arrangement to provide people with an income when they are no longer earning a regular income from employment.
Is cash net income?
cash is not net income,it is part of wealth and can be used further in earning profit.
Expenses incurred while earning revenue should be reported in the same period that the income is reported?
matching principle
What is a formula of Earning ratio and earning per share?
Price earning ratio = market value per share / Earning per share Earning per share = Net income available to share holders / number of shares outstanding
What does business income mean?
The earning generated by way of profit, selling of property, commision or any other form by the company can be called as business income and is reflected in the Profit & Loss A/c and Balance Sheet of the company.
Which is the highest income earning zone of Indian railway?
Northern railway
The cycle of earning and spending is an example of?
The cycle of earning and spending is an example of a cash flow cycle. This mainly focuses on the income and expenditure.
What is personal income in economics?
National income minus social security contribution, Corporate income taxes, undistributed corporate earning, and transfer payments.
At what amount of income do you have to pay taxes?
as per the indian government who is earning above 15k as net salary or net income they will have to pay the income tax
