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  • Income and Expenses: C.E.T Colsubsidio-Airbus Group Administración Farmacéutica Regencia de Farmacia Tercer Semestre

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    Gabriela Nimo
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    This document discusses the concepts of income and expenses. It defines income as an increase in economic resources that constitutes an increase in net worth. It notes income can come from the sale of goods or services. There are different types of income such as public, private, ordinary, marginal, and average. Expenses are defined as outflows of money paid for products, goods or services. Expenses include both tangible and intangible investments. Expenses produce double economic circulation as money goes out but a good or service is received to recover the initial disbursement. Expenses within a company include fixed costs, variable expenses, and unexpected expenses.

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    autoria de gabriela molano

    Original Title

    Ingresos y Gastos

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    This document discusses the concepts of income and expenses. It defines income as an increase in economic resources that constitutes an increase in net worth. It notes income can come from the sale of goods or services. There are different types of income such as public, private, ordinary, marginal, and average. Expenses are defined as outflows of money paid for products, goods or services. Expenses include both tangible and intangible investments. Expenses produce double economic circulation as money goes out but a good or service is received to recover the initial disbursement. Expenses within a company include fixed costs, variable expenses, and unexpected expenses.

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    16 views9 pages

    Income and Expenses: C.E.T Colsubsidio-Airbus Group Administración Farmacéutica Regencia de Farmacia Tercer Semestre

    Uploaded by

    Gabriela Nimo
    This document discusses the concepts of income and expenses. It defines income as an increase in economic resources that constitutes an increase in net worth. It notes income can come from the sale of goods or services. There are different types of income such as public, private, ordinary, marginal, and average. Expenses are defined as outflows of money paid for products, goods or services. Expenses include both tangible and intangible investments. Expenses produce double economic circulation as money goes out but a good or service is received to recover the initial disbursement. Expenses within a company include fixed costs, variable expenses, and unexpected expenses.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    of 9

    Income and Expenses

    C.E.T Colsubsidio- Airbus group


    Administración Farmacéutica
    Regencia De Farmacia tercer semestre
    What is Income?

    The increase in economic resources that an organization, a person


    or an accounting system presents, and that constitutes an increase
    in their net worth, is called income.
    For sale of • The amount should be valued easily.
    • You should be able to measure the costs
    • Benefits of the operation must be
    goods obtained

    • Must be able to be valued easily


    For service • The degree of performance of the service
    must be assessed
    provision • Measure the costs of performing the
    operation
    Prívate
    Public income. Ordinary
    income. income.

    Marginal Types of Average


    income. income income
    expenditure
    • An expense is an expense or an outflow of money that a company
    or person pays for the purchase of a product, a good or a service.
    Investment

    tangible intangible
    The expenses produce double economic circulation because at the
    same time that money (egress) goes out, a good, a product or a
    service is entered with which the initial disbursement is recovered.
    Types of expenses within a company

    Fixed costs

    Variable expends

    Unexpected expenses
    Thanks For Your Attention

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