Question

What is unearned income? Income that you receive for reasons other than the work you've done, Income that you receive for work that you have done, Income that you have set aside in case of an emergency, Income that you pay an insurance company in order to receive insurance

Answer 1

Income that you’ve receive for reasons other than the work you’ve done is the answer

Answer 2

ANSWER:

Unearned income can be described as Income that you’ve receive for some reason other than work you’ve done.

EXPLANATION:

• It is also described as the source of bills you receive from working privately rather than from your daily job. Some of the examples of unearned income are the savings accounts, bond interest or dividends from your stocks.

• Unearned income can be calculated by adding the total amount of money you have received and divide it by number of months which you have decided to provide service.