Gross income means income before expenses and tax etc. Net income means income income expenses and tax etc. Everyone must reconcile their gross and net incomes every year.
Errol Lynn, the famous Australian playboy says he needs to reconcile his 'gross' habits, drinking, smoking, womanizing against his actual income, which of course would never be enough.
WHAT DOES THIS QUOTE MEAN?!!????!?!?
ReplyDeleteGross income means income before expenses and tax etc.
ReplyDeleteNet income means income income expenses and tax etc.
Everyone must reconcile their gross and net incomes every year.
Errol Lynn, the famous Australian playboy says he needs to reconcile his 'gross' habits, drinking, smoking, womanizing against his actual income, which of course would never be enough.