Gross Income
Total earnings before deducting taxes, operating costs, or other expenses. For businesses, it usually equals revenue minus the cost of goods sold. For individuals, it includes wages, bonuses, and other income sources before tax. It’s a base measure used to calculate net income.
More Items
Gross Book Value
The original cost of a fixed asset before any depreciation is deducted. It reflects the purchase price and installation costs.…
Goods in Transit
Inventory that has been shipped by the seller but not yet received by the buyer. Depending on shipping terms (FOB…
Gross Sales
Gross sale is the total unadjusted sales revenue a business earns before returns, discounts, or allowances. It gives a top-line…
This website uses cookies to improve your experience. You can accept all or reject non-essential cookies.