National accounts (income and expenditure) provides information on domestic production and the resulting income that is available for spending and saving. It also provides an insight into how saving ...

Industry observers often delve into revenue and expenditure accounts because these items represent the bread and butter of a company's operating activities. Nobody knows when a gain or loss will ...

Income statement accounts are temporary accounts recorded by businesses on their income statement, and are used to calculate net income at the end of each accounting period. Income statement items or ...