Page 44 - DECO402_Macro Economics

Unit-4: Sectorial Accounting

Accont of Income and Production in Bussiness Notes
Sector 1991-1992
(price in lacs)
Income Receips Amount Sale Amount
1. Wages and Complemenry 2,500 1. To customer 22,000
Income 2. To states 11,200
2. Social Security Payment 1,000 3. Export 4,000
3. In spite of rules pure income 500 4. Sales of capital things 6,000
of many unit and changes in
the price of residual 5. Pure change in the price of 3,500
rematerialsidual
4. Income of individual rent 1,000 46,500
6. Total production of bussiness
5. Change in the price of residual 5,000
material and profit of rule
6. Pure interst 500
7. Receiving of Total income 3,750
8. Indirect Bussiness Tax 6,000
9. Payment in exchange of pure 43,500
bussiness tax
10. Wear Discounting 3,000
11. Total payment with Exchange 46,500
of bussiness production

Self Assessment
Fill in the Blanks:
1. Within the personal field the income of all……………..field are involve.
2. In the institute of personal field wages, salary and …………………...are involve of employee.
3. The income of personal interest is show the ……………of total interest by people.

4.2 Private Sector

In private field are involve the supplements income, salary and wages of employee of institution.
The big part of supplements income, salary and wages got by business sector and remain part got by
foreign field, family and government. Within the private sector the income are involve of corporate
sector and non-corporate sector. The one part of total income of corporation is involved in the income
of private sector as premium. The income of personal interest is shows the total interest got by people
and it income is get by government, private institution and business firms.
To present the account of income and expenditure of private sector, at the side of income show the
payment and at the side of expenditure show the payment of borrowing by customer. These both are
not involve in the account of national income. In further table direct services means, pure and total
production are show in income side and in private sector show the direct payments, expenditure
and income tax of services and foreign things in expenditure side. Because of being difference in
expenditure and item income of personal savings is a balancing item. When personal income is more
than expenditure, less or equal then this item can be positive, negative or zero. The accounting of
income and expenditure of private sector 1991-92 in following table:

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