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an item of income

См. также в других словарях:

  • item — item, detail, particular are comparable when meaning one of the things, either separate and distinct or considered so, which constitute a whole. Item applies mainly to each thing that is put down in a list (as of things needed, things to be done …   New Dictionary of Synonyms

  • Income statement — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …   Wikipedia

  • item of gross income — Any item or amount which affects gross income as such exists for the purpose of an income tax. Anno: 54 ALR2d 573 …   Ballentine's law dictionary

  • Income Exclusion Rule — A rule that sets aside certain types of income as nontaxable. There are many types of income that qualify under this rule, such as life insurance death benefit proceeds, child support, welfare and municipal bond income. Income that is excluded is …   Investment dictionary

  • income account — noun 1. : an account in which items of income or revenue are recorded 2. or income statement : a financial statement of a business showing the details of revenues, costs, expenses, losses, and profits for a given period grouped under appropriate… …   Useful english dictionary

  • income account — 1. an account maintained for a particular item of revenue or income. 2. Also called profit and loss account. a summary account for income and expenditures, used in closing the ledger. [1865 70] * * * …   Universalium

  • income statement — an accounting of income and expenses that indicates a firm s net profit or loss over a certain period of time, usually one year. * * * In accounting, the activity oriented financial statement issued by businesses. Covering a specified time, such… …   Universalium

  • income standard — In standard costing, a predetermined level of income expected to be generated by an item to be sold. An income standard is often applied to a budgeted quantity in order to determine the budgeted revenue …   Accounting dictionary

  • Sundry Income — Income that is generated from sources other than a company s normal business operations. This would include any income that is not generated by the sale of the company s products and services. Sundry income is likely to be less predictible in… …   Investment dictionary

  • Investment Income — Income coming from interest payments, dividends, capital gains collected upon the sale of a security or other assets, and any other profit that is made through an investment vehicle of any kind. Generally, most people earn a large portion of… …   Investment dictionary

  • Accumulated other comprehensive income — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …   Wikipedia

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