Income/(expense)

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)

See also

• Assets/(liabilities)
• B/(W)
• Financial model
• Income statement
• Inflow/(outflow)
• Mostly positive
• Sign convention