profit and loss account items
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profit and loss account items

5. Accounting earnings depend on the reasonable proportion of income and expenses during the period. Costs that are not associated with the current period should be incurred as assets to be transferred for later periods. When the economy overheats and inflation rises, interest rates are raised and credit tightened. When the overheated economy and inflation are under control, the interest rate is duly lowered. Interest rates are therefore one of the fundamental economic factors. Interest rates are an important financial variable in economics, and almost all financial phenomena and financial assets have more or less connection with interest rates. According to the length, there are mini passenger cars (no more than 3.5 meters), small passenger cars (3.5-7 meters), medium-sized buses (7-10 meters) and large passenger cars (more than 10 meters). The social profit generated by enterprise activities is the addition of economic profit or the external economic effect of the activity. Companies may make significant monetary profits, but external economic effects often result in negative results, and substantial social profits may be minimal. Such as the industrial revolution, the mass production of the factory is low cost and price of product, but in order to earn maximum profit, factory owners and lower production costs, lead to the low wages of child labor, as well as improper handling industrial waste or contaminants and other social burden. The U.S. crude oil inventory unexpectedly fell 5.2 million barrels last week, pushing U.S. oil further higher, noted the zero hedge fund. U.S. crude stocks have declined for five consecutive weeks, while gasoline inventories have increased for five consecutive weeks. If there is a clear indication of an increase in the EIA Cushing crude inventory released on Wednesday (December 20), crude stocks could end the five consecutive decline.