[Verse 1] When a business earns its daily bread Income flows from trade we've led Active management shows the way Operations running every day Revenue minus costs we face Profit margins find their place [Chorus] Business income, active trade Property income, passive grade Inclusions come, deductions go Calculate the profit flow Sections nine through thirty-seven Business fundamentals, accounting heaven [Verse 2] Property income sits and waits Rental yields and interest rates Passive sources, minimal care Investment returns hanging there While business income takes the stage With effort earning every wage [Chorus] Business income, active trade Property income, passive grade Inclusions come, deductions go Calculate the profit flow Sections nine through thirty-seven Business fundamentals, accounting heaven [Verse 3] Include all revenue you receive Sales and services that you achieve Reasonable expectations test Earned or receivable at best Barter transactions count as well Market value stories tell [Bridge] Deduct expenses reasonably incurred Current or capital, choose the right word Business purpose must be clear Personal costs don't belong here Reasonable amount the law demands Profit calculation in your hands [Verse 4] Timing matters, when to count Accrual basis, full amount Cash received or right to claim Income recognition plays the game Matching principle applies Expenses paired where revenue lies [Chorus] Business income, active trade Property income, passive grade Inclusions come, deductions go Calculate the profit flow Sections nine through thirty-seven Business fundamentals, accounting heaven [Outro] From sections nine to thirty-seven Business income, clear as heaven Active trade or passive hold Profit stories being told
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