income account

income account
noun Date: 1869 a financial statement of a business showing the details of revenues, costs, expenses, losses, and profits for a given period — called also income statement

New Collegiate Dictionary. 2001.

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  • Income Account —   Счета доходов покрывают инвестиционные поступления  и выплату по заработным платам. См. платежный баланс. Словарь терминов и сокращений рынка forex, Forex EuroClub …   Финансовый словарь

  • 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 — or income account n. a financial statement that summarizes the various transactions of a business during a specified period, showing the net profit or loss; profit and loss statement …   English World dictionary

  • account — Synonyms and related words: a reckoning of, account current, account for, account of, account rendered, account stated, accounting, accounts, acquaintance, acta, adjudge, adjudicate, advantage, aggregate, allow, allow for, allowance, amount,… …   Moby Thesaurus

  • income statement — noun a financial statement that gives operating results for a specific period • Syn: ↑earnings report, ↑operating statement, ↑profit and loss statement • Hypernyms: ↑statement, ↑financial statement * * * noun see …   Useful english dictionary

  • income statement — noun see income account …   New Collegiate Dictionary

  • income and expenditure account — ➔ account1 * * * income and expenditure account UK US noun [C] ► ACCOUNTING a record of money received and spent by a business or organization during a particular period: »We find, after closing up our income and expenditure account, that we have …   Financial and business terms

  • Income taxes in Canada — constitute the majority of the annual revenues of the Government of Canada, and of the governments of the Provinces of Canada. In the last fiscal year, the government collected roughly three times more personal income taxes than it did corporate… …   Wikipedia

  • Income inequality in the United States — is the extent to which income, most commonly measured by household or individual, is distributed in an uneven manner. While there seems to be consensus among social scientists that some degree of income inequality is needed, the extent of income… …   Wikipedia

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