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Write the difference between budget & budgeting?
Ans) An estimation of the revenue & expenses over a specified future period of time. A budget can be made for a person, family, country, multinational organization or just about anything else that creates and spends money. A budget is a microeconomic concept that describes the tradeoff made when one good is exchanged for another.
Budgeting lies at the foundation of every financial plan. It doesn't matter if you're living paycheck to paycheck or earning six-figures a year, you require to know where your money is leaving if you want to have a handle on your finances.. It really about understands how much money you have, where it goes, and then planning how to best assign those funds. Here's everything you require to help you create and maintain a budget
how do you find simple interest
Bill is an avid angler. His favorite fishing location is Willow Lake, which supports year-round sport fishing. His monthly demand function for fishing at Willow Lake is given by x
A user buys a new transponder for $20. What debit and credit entries would need to be made?
norman co borrows $15,000 with a 8%interest 38,000 account receivable paid $26,000 salary
__________ accounts show the amount of money owed to the firm by customers. A. Supply B. Prepaid C. Receivables D. Payables
most consrvatism way of lower cost method
Social Responsibility Accounting: Social responsibility accounting is a modern phase in the development of accounting and owes its birth to rising social awareness that has be
please explain cycle of accounting
Adjusting entries in the general journal Be sure to put down the words "Adjusting Entries" at the beginning of journal after the last entry of month. By placing these words at
State the term- Liabilities Current Liability is a debt which is due for payment within one year. Long-term liability is one NOT paid in a year. OWNER'S EQUITY Also
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