Here's a look at what causes hair to turn gray and some of the factors that affect graying. Answer: The age at which you'll get your first gray hair (assuming your hair doesn't simply fall out) is largely determined by genetics.
Profits or net income generally imply total revenue minus total expenses in a given period. In accounting, revenue is often referred to as the top line due to its position on the income statement at the very top. This is to be contrasted with the bottom line which denotes net income.
Prepaid Expense Accounting and Amortization. A prepaid expense is an amount paid for a good or service in advance of receiving that good or service. It is an expense that has been paid for before the actual expense is incurred. In accrual basis accounting, expenses are recognized in the period in which they occur.