What is the difference between Fees received, salary received and Income?
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fees received means like a school received fees from parents.
salary received means when an employee received his or her salary.
income received means like a shopkeeper received his monthly income.
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sinhapalak726:
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DIFFERENCE BETWEEN FEES AND SALARY
- salary is money or payment made by employer to employee,
- fees received comes from provision of rights and services, income is payment received by an individual or company for providing goods and services
- salary is money or payment made by employer to employee, usually after doing some job , salary therefore acts as a reward for doing a jo
- fees especially the received comes from provision of rights and services, income is payment received by an individual or company for providing goods and services
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