An accounting Transaction that increases a company's assets. revenue received from the sale of goods and services, dividends, interest and rent are all examples of income. Income is the opposite of expense, which decreases a company's assets. See net income.
Browse by Subjects
Lorenz curve
revenue ledger
profit and loss account
effective tax rate
quarterly revenue growth
See All Related Terms »

current value accounting
Fixed-rate payer
non sufficient funds
stock depreciation