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单词 income
释义

income

income1. Any sum that a person or organization receives either as a reward for effort (e.g. salary or trading profit) or as a return on investments (e.g. rents or interest). From the point of view of taxation, income has to be distinguished from capital. Seeearned income; gross income; total income. income and expenditure account An account, similar to a profit and loss account, prepared by an organization whose main purpose is not the generation of profit. It records the income and expenditure of the organization and results in either a surplus of income over expenditure or of expenditure over income. Such an organization’s accounts do not use the accruals concept.

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更新时间:2024/11/15 7:45:46