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It's National Income.

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14y ago

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The total amount of money earned by a country in a specific time period.?

It's National Income.


What does total sales means?

Total sales means the total amount of revenue earned by business by selling goods or providing services to customers in any specific period.


What does total sale mean?

Total sales means the total amount of revenue earned by business by selling goods or providing services to customers in any specific period.


Is an earnings statement the same as a pay stub?

No, an earnings statement is not the same as a pay stub. An earnings statement provides a detailed breakdown of an individual's earnings and deductions over a specific period, while a pay stub is a document that shows the amount of money earned for a specific pay period and any deductions taken from that amount.


What is total amount earned by the employees in a pay period is called?

gross pay


What is income balance?

the income balance is the amount of income earned at the end of the accounting period.


Can you explain how the credited amount was calculated in my account?

The credited amount in your account is calculated based on deposits, interest earned, and any other credits added to your account. This total amount reflects the money that has been added to your account over a specific period of time.


Is fees earned a revenue account?

Yes, fees earned is considered a revenue account. It represents the income generated from providing services to clients or customers. This account is typically recorded on the income statement and reflects the amount earned during a specific period, contributing to the overall revenue of a business.


What is meant by the term compound interest?

Compound interest means that the amount of interest earned during a period increases the principal, which is then larger for the next interest period.


How much does an investment gain or lose over a specific amount of time?

The amount an investment gains or loses over a specific time period is determined by the difference between the initial investment amount and the final value of the investment after that time period.


What is the total amount of money earned before payroll deductions?

The total amount of money earned before payroll deductions is referred to as gross income or gross pay. This includes all earnings from wages, salaries, bonuses, and any other forms of compensation before taxes and other deductions are taken out. To determine this amount, you would typically sum up all sources of income for a specific pay period.


When the amount earned on a deposit has become part of the principal at the end of a specified time period the concept is called?

compoind interest