Homework#3

A. Meanings

Goods- benefit or advantage to someone or something.

Services- Intangible products such as accounting, banking, cleaning, consultancy, education,

insurance, expertise, medical treatment, or transportation.

Income- money received, especially on a regular basis, for work or through investments.

Expenses- the cost required for something; the money spent on something.

Taxes- Taxes are generally an involuntary fee levied on individuals or corporations that is enforced
by a government entity, whether local, regional or national in order to finance government
activities.

B. Examples

INCOME

-Salary
-Wages
-Tips
-Bonuses
-Commissions

EXPENSES

-Accounting expenditures.
-Depreciation of fixed assets assigned to non-production areas.
-Insurance costs.
-Legal fees.
-Office supplies.
Homework#2

Ordovician

Silurian
Devonian

Carboniferous
Cambrian