What are the accounting elements of an enterprise? What is the difference?

The basic elements of enterprise accounting are divided into six items: assets, liabilities, owners' equity, income, expenses and profits. Among them, assets, liabilities and owners' equity reflect the financial situation of the enterprise; Income, expenses and profits reflect the operating results in a certain period. \x0d\ 1。 Assets \x0d\ 1. Assets refer to the resources owned or controlled by an enterprise in past transactions and events, which are expected to bring economic benefits to the enterprise. The assets of an enterprise should be divided into current assets, long-term assets, contingent assets, intangible assets and other assets according to liquidity. \x0d\ 2。 Liabilities \x0d\2. Liabilities refer to the current obligations formed by past transactions and events, and the fulfillment of this obligation is expected to lead to the outflow of economic benefits from the enterprise. \x0d\ III。 Owner's equity \x0d\3. Owner's equity refers to the economic benefits enjoyed by the owner in the assets of the enterprise, and its amount is the balance of assets MINUS liabilities, that is, the net assets of the enterprise, including paid-in capital, capital reserve, surplus reserve and undistributed profit. \x0d\ IV。 Income \x0d\4. Income refers to the total inflow of economic benefits formed by enterprises in their daily activities such as selling goods and providing services, including main business income and other business income. Main business income refers to the income generated from daily activities such as selling goods and providing services. For example, companies that produce and manufacture cars sell cars as their main business income. Other business income refers to material sales, purchase and sale, packaging and rental income. For example, clothing factory selling cloth is other business income, because clothing factory's main business is selling clothes, and selling cloth is his other business income. \x0d\ V. Expenses \x0d\ Expenses refer to the outflow of economic benefits in daily activities such as selling goods and providing services. Including direct expenses incurred for producing products and providing services, indirect expenses incurred for organizing workshop production, operating expenses, management expenses and financial expenses incurred for organizing and managing the production and sale of commodities. \x0d\ VI。 Profit \x0d\ Profit refers to the operating results of an enterprise in a certain accounting period. Including operating profit, total profit and net profit.