Check out our NEW line of Home Care products from Bayes & Odor Assassin in our Cleaning Supplies Sections. We are an authorized independent dealer of Kirby vacuum bags and parts. All of our Kirby supplies are purchased from an authorized Kirby vacuum parts distributor. The Kirby company website address is www.kirby.com.
Accumulated other comprehensive income is a general ledger account that is classified within the equity section of the balance sheet. It is used to accumulate unrealized gains and unrealized losses on those line items in the income statement that are classified within the other comprehensive income category.
When calculating your income for tax purposes, you may hear the terms gross and net. Gross income includes (almost) all of your income, while net income is the end result after various tax deductions are applied. Here's what these terms mean, as well as another important income figure to know. Gross income. In a financial context, the term gross generally means all of something. For example, on your paycheck, gross pay refers to the entire amount of money you get paid, before taxes and other deductions come out.