His income was never （)small （)support his family.

BACK TO THE LAND

In his early forties,Peter Van Der Groot was a successful stockbroker at the London Stock Exchange,with the typical rewards of success: a large beautiful home and a very healthy bank account.But Peter worked long hours,and he saw little of his home and family.He enjoyed his job,yes,but he was never there to see his children growing up.Then last year,the firm he worked for went bankrupt,and,unexpectedly,Peter had the opportunity to do something different.

So Peter and his family sold their house in London and moved to the countryside.They bought a smaller house with some land.Today,Peter is more relaxed.He spends time with his children,and he has seen them change into healthy,happy kids.He’s started working on his land growing fruit and vegetables.He still trades in shares,but only his own.He and his family have a modest,but

comfortable life.

LIFE IN THE SUN

Husband and wife Rob and Manda Brent are teachers,but they’ve both resigned from their jobs,and neither of them plans to return to the school where they worked in Birmingham’s city centre.Now they live in Italy,where they’ve bought a farmhouse in the Tuscan hills.‘We’re going to offer bed and breakfast accommodation,said Rob.‘We’ve never had our own business before,so it’ll be quite a challenge.Plus we’ve borrowed a lot of money from the bank to get started.’

‘In this first three-month period,we’re setting in and reorganizing the farmhouse,’ said Manda.‘Then we’ll open our doors to guests.’

Bed and breakfast will not be the only source of income,though.‘The farm has got olive trees and all the equipment for producing olive oil.’

It sounds as though Rob and Manda will be very busy.We wish them the bestof luck!

1.How old was Peter when he moved to the countryside?

A.39

B.40

C.between 41 and 45

2.Why did he move to the countryside?

A.because he wantedto work on his land

B.because he didn’t like his job

C.because he wanted to spend more time with his family

3.What type of service are Rob and Manda going to provide?

A.rooms with breakfast and dinner

B.somewhere to sleep.and something to eat in the moring

C.rooms,but no meals

4.What business experience have they had?

A.three months of running a bed and breakfast

B.running a school in Birmingham

C.none

5.What kind of life do Peter and his family enjoy after moving to the countryside?

A.diffcult and hard

B.simple but comfortable

C.modest and simple

Accumulated depreciation would never be reported in the income statement as and expen

Which of the following accounts would never be reported in the income statement as an

Children never heard their parents talk of cheating the government ___________ income taxes.

Which of the following accounts would never be reported in the income statement as an expense？

His income is () his father's.

Punitive damage awards received because of a personal injury().

His income is based on（）.

The Cash Over and Short account:

His main income comes from（)cattle.