Not mine!
Before the break even point, total expenses exceed total income and there is a loss made.
estimated expenses are expenses that are not actual or real. it may be more than or less than the ctual expenses
Three main monthly expenses to keep track of: Rent Food budget Cable bill
It is when revenues are less than expenses.
savings
expenses on an accrual basis are greater than expenses on a cash basis
ensure that your incomes are more than your operating expenses on monthly basis.
Rent shouldn't be than one quarter of your income.
Net Income : When Revenue is greater than Expenses. Net loss : When Expenses are greater than Revenue. References : Basic Accounting (111) Book .
Most teachers make less than a total of $2000 a month after taxes. This is a yearly salary of around $30,000.
Household will supply as long as the wage received is less than the value of leisure time is a false statement. Household income must be more than leisure and necessities expenses to be able to sustain the monthly needs of a family, as well as have some savings. Ê
less expenses