Income Accounts

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Definition: Income Accounts

Income Accounts
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Full Definition of Income Accounts

1. Investing: An account established to receive interest payments from an investment. 2. Accounting: An account used to record a business’s income. A business that has several product lines will have an income account for each line.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/income-accounts/
Modern Language Association (MLA):
Income Accounts. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 14, 2025 https://payrollheaven.com/define/income-accounts/.
Chicago Manual of Style (CMS):
Income Accounts. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/income-accounts/ (accessed: March 14, 2025).
American Psychological Association (APA):
Income Accounts. PayrollHeaven.com. Retrieved March 14, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/income-accounts/

Definition Sources

Definitions for Income Accounts are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.