Income/(expense): Difference between revisions
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Income / (expense) is a sign convention under which items of income are positive numbers, and expenses are negative. | |||
Negative numbers are often shown (in brackets) for emphasis. | |||
For example: | |||
Income +12 | |||
- Expenses (9) | |||
= Net income +3 | |||
Taking another example: | |||
Income +12 | |||
- Expenses (14) | |||
= Net expenses (2) | |||
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*[[Mostly positive]] | *[[Mostly positive]] | ||
*[[Sign convention]] | *[[Sign convention]] | ||
[[Category:The_business_context]] | |||
Latest revision as of 16:06, 1 July 2022
Income / (expense) is a sign convention under which items of income are positive numbers, and expenses are negative.
Negative numbers are often shown (in brackets) for emphasis.
For example:
Income +12
- Expenses (9)
= Net income +3
Taking another example:
Income +12
- Expenses (14)
= Net expenses (2)
