by pay@crispino.us | Apr 30, 2026 | Chart of Accounts, Income, Terminologies
Income earned from performing services rather than selling physical goods. Examples include consulting, rentals, or legal services. Recognized when the service is performed.
by pay@crispino.us | Apr 21, 2026 | Chart of Accounts, Income, Terminologies
Earnings from investments, bank deposits, or loans. Provides passive income outside main operations. Recorded when earned, not necessarily received.
by pay@crispino.us | Mar 29, 2026 | Chart of Accounts, Income, Terminologies
Profit realized when selling fixed assets at a price higher than book value. It is recorded as income separate from regular sales. Helps reflect capital gains in operations.
by pay@crispino.us | Jan 19, 2026 | Chart of Accounts, Income, Terminologies
Earnings from owning shares in other companies. Typically recognized when declared. Considered non-operating income for most businesses.
by pay@crispino.us | Jan 11, 2026 | Chart of Accounts, Income, Terminologies
Revenue from leasing company-owned property or equipment. Can be steady recurring income. Recognized when rent is due.
by pay@crispino.us | Nov 25, 2025 | Chart of Accounts, Income, Terminologies
Earnings from facilitating sales or services on behalf of others, such as real estate agents or brokers. Typically a percentage of transaction value. Recorded when earned.
