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What is the difference amount of expense over income called when income exceeds expense?
Expenses more than income is called "Loss" Income over expenses called "Profit"
What is the difference between loss and expences?
An expense is money you pay to but something, a good or a service.A loss is when you balance expenses against income and find out that there was less income than your expenses.
What is the money left over after paying your necessary expenses called?
Discretionary Income Discretionary income = Gross income - taxes - all compelled payments (bills) Reference: http://en.wikipedia.org/wiki/Disposable_and_discretionary_income
What is income that is not subject to taxes also called tax exempt income?
what is income that is not subject to taxes, also called "tax exempt income?"
What is the distinction between operating and non operation income?
Income which is generated by normal business basic operating activities is called net operating income while other income then operating income is called non operating income like interest income or dividend income etc.
What is the opposite of expences?
Profit, Money in, Income
What is the difference amount of expense over income called when income exceeds expense?
Expenses more than income is called "Loss" Income over expenses called "Profit"
What is the difference between loss and expences?
An expense is money you pay to but something, a good or a service.A loss is when you balance expenses against income and find out that there was less income than your expenses.
Example of how to find the net profit margin?
gross income minus expences = net profit. happy accounting David G.
If the salary is 450000 what is the expences?
There is not set relationship between salary and expences
Journal entries for Invoices for manufacturing overheads incurred in Septmeber?
outstandindg expences journal entry expences a/c dr to outstanding expences a/c
Over time has gained power at the expense of the Senate the House the House the Senate?
Over time The President has gained at the expences of the congress
What is money left over called?
Disposable income.
What would be journal entry to accrue the expenses?
Expences head a/c To, expences payble account
The excess of income over expenditures is called?
The excess of income over expenditures is known as Savings. S= Y(d)-C Where; S= Savings Y(d)= Disposable Income C= Consumption Expenditures
What do you mean by income over expenditure or expenditure over income?
income over expenditure is profitexpenditure over income is loss
What is Medical coverage?
It is when you are covered with medical expences.
