Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Income&Expense Stat.

Income and Expense Statement

TermDefinition
Expense Money spent
Gross Income Income earned as salary or wages before taxes and other deductions
Income Money received
Income and Expense Statement Includes income and expense transactions that take place in certain time frames
Insurance Product that transfers risk from individual to insurance companies/organization
Mortgage Payment, usually monthly, applied to the balance of a home loan and is used when purchasing housing
Net Gain Income > Expenses
Net Income Take home pay
Net Loss Expenses > Income
Savings Current income not used for spending
Wages or Salary Before Deductions Gross Income
Commissions Money earned based on sales
Tips Money paid as a thanks for services
Bonuses Money earned based on performance
Tax Refunds Money returned from overpaid taxes
Intrest Earned Money earned based on account balances
Investment Earnings Money earned based off of things you invest in
Sales of Assets Selling things you own
Money from Savings Money readily available from savings accounts
Money from Investments Money paid out from investments
Scholarships/Grants from Non-Government Sources Money from private sources to aid in education
Money from Others Gifts
Child Support Money paid by non-custodial parent to aid in the upbringing of children
Scholarships/Grants from Government Sources Money from the government to aid in education
Government Programs Such as Social Security and Worker's Compensation Programs to provide assistance for senior adults and those injured on a job
Created by: kalyncaudle
Popular Finance sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards