Income/(expense): Difference between revisions
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imported>Doug Williamson (Add examples.) |
imported>Doug Williamson (Classify page.) |
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*[[Sign convention]] | *[[Sign convention]] | ||
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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)
