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What is the Difference between real …

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What is the Difference between real direct and real indirect income?? (4 mrks ques)

Posted by Yukta Mathur 4 years, 4 months ago

CBSE > Class 12 > Home Science

1 answers

Sia ? 4 years, 4 months ago

Direct income is one which is earned directly by way of business activities.
Example: Salaried, Professionals

Indirect income is one which is earned by way of non-business activities. For example, sale of old newspapers, sale of carton boxes, etc.
Example: Sale of Fixed Asset

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