what is the difference between direct income and indirect
income. pleases explain with example.
Answer Posted / padma
The classification of direct incomes & indirect incomes is
based on the nature of the business. If the incomes are
directly connected with the business, then it is termed as
direct incomes. For example all fees collections are direct
income for an Educational Institution. Similarly if the
incomes are not directly connected with the business, then
it is termed as indirect incomes. For examples interest
from deposits etc...
Is This Answer Correct ? | 26 Yes | 13 No |
Post New Answer View All Answers
What is written off?
How do you set the increment point in appraisal of salaries. It becomes so difficult for the employer to hear again and again about increment
A crushing unit blasted 1650Mts in the month of March 2009. The rate of Royalty to be paid is rs 35/- Per MT. Advance royalty was paid rs 250000/- on 1-3-2009. pass journal entries from the advance royalty
What is communicating
explain the financialand economic meaning of investment?
What is DECR And for wt it is used?
what is monetary polasy and how it is different from trade polacy? how it will impact on stockmarkets in India?
how to prepare the balance sheet of private ltd. company & what roll should be play by Income tax, compnay law & accounting standard in India & world.
Short Answer on __________Revenue
How can a shopkeeper maintain the daily data in tally
How Many Points include in Mat Calculation , what is the different bitween Gross Profit & Book Profits?
What was key roles of Cashflow statement and Fund flow statement and Balnsheet..?
Prepare a trial balance from the following :- Particulars Amount Particulars Amount Rs. Rs. Purchases 8225 Premium on lease 1200 Wages 1025 Loan on mortgage 2500 Sales 12450 Plant & machinery 2000 Arun's capital 13500 Provisn for doubtful debts 300 Stock on 1/1/98 1500 Sundry debtors 16550 Salary 410 Trade charges 200 Rent & taxes 162 Bad debts 200 Sundry creditors 2572
What is the use of final account?
what is the uniform public construction cost accounting act?