Accountancy, asked by ShrivarshaSukumaran2, 1 year ago

Examples for Direct Income

Answers

Answered by completedreamer
3
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Indirect income is one which is earned by way of non-business activities. Forexample, sale of old newspapers, sale of carton boxes, etc.
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Answered by Anonymous
23
 \textbf{Key terms-}

 \textbf{Income}
 \textbf{Direct Income}

 \textbf{What is income?}

 \textbf{Income} refers to money which you earn through various sources by working, by investing or by performing business activities etc.
Income is the medium to earn our livelihood and to live.

 \textbf{What is direct income?}

 \textbf{Direct income} is the income which is directly earned by way of business activities or by performing any economic activity like job.

 \textbf{Examples of direct income-} Sale of goods, salary etc.
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