Describe passive income, Financial Accounting

Assignment Help:

Q. Describe Passive Income?

Passive Income - Includes income derived from such sources like dividends, royalties, interest, rents, amounts received from personal service contracts and income received as a beneficiary of an estate or trust.


Related Discussions:- Describe passive income

Explain the term - providing a service, Explain the term - Providing a serv...

Explain the term - Providing a service One way of viewing accounting is as a form of service. Accountants provide economic information to their 'clients', who are numerous user

Trustees right to be indemnified-trusts laws and accounts, Trustees right t...

Trustees right to be indemnified Trustees have, however, a right to be indemnified: 1. Out of trust property, for all expenses properly incurred in the execution of the tru

Ledger, “Ledger is said to be the principal book entry and the transactions...

“Ledger is said to be the principal book entry and the transactions can even be directly entered into the ledger account.” Elaborate and explain why journal is necessary.

Doubling period, One of the initial and the most general questions regardin...

One of the initial and the most general questions regarding an investment optional is the time period needed to double the investment. One clear way is to consider to the table of

It is started as "the MATCHING principle is very important w, What is the r...

What is the relation of profit and matching principle? Do you have a form for this kind of assignment in writting Financial Accounting?

Case study, It is the month of april for rand company a producer of gold an...

It is the month of april for rand company a producer of gold and silver commemorative medallions. Rand company has one job, job A a special minting of 1000 gold medallions which st

Advise the directors of the entity, An entity had the following transaction...

An entity had the following transactions during the year ended 31 December 2010: The entity invested in a convertible bond on its issue date. The bond matures four years aft

expected range of returns, Series Arithmetic Mean Standa...

Series Arithmetic Mean Standard Deviation   Small-company stocks 15.9  % 32.8  %   Large-company

The fundamental accounting, Which of the following events would be recorded...

Which of the following events would be recorded as an accounting event? Answer   a. A guest purchases a meal in a food outlet.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd