answersLogoWhite

0

What else can I help you with?

Related Questions

Which expenditures was greater than the expenditure on health?

B) Income security


What two actions could you take if your expenditures were consistently greater than your income?

1). Reduce your rate of expenditure. 2). Increase your rate of income.


How does a budget deficit occur?

Basically when a country spends more money than the amount of money they are receiving when EXPENDITURE is greater than INCOME Eg. If I have 60 million but I spend 80 million, I have -20million This is a deficit


If the retained earnings account increases from the beginning of the year to the end of the year what will happen next?

Net income is greater than dividends


Definition of budget deficit?

If the revenue is less than the expenditure, a budget is said to be in deficit. A budget is divided into 3: a. Surplus budget b. Deficit budget c. Balanced budget Surplus : REVENUE greater than EXPENDITURE Deficit : REVENUE less than EXPENDITURE Balanced : REVENUE equals EXPENDITURE


If expenses are greater than income there is no what?

There is no profit.


To what does the grouping term finance refer?

The term finance refers to the amount of expenditure versus income a individual or a company has. A company usually hires a professional to look into the finance accounts and to make sure that the income is greater than expenditures, for otherwise the company would be making a loss.


Do you include bank balances in income and expenditure report?

No, bank balances are not included in an income and expenditure report. This report focuses on the revenues earned and expenses incurred over a specific period, providing a snapshot of financial performance. Bank balances represent the current cash position and are typically reflected in a balance sheet rather than an income and expenditure report.


Explain the difference between capital and revenue items of expenditure and income?

Capital expenditure are those the benefits of which will be taken for more than one fiscal year while for revenue expenditure benefits are only for one fiscal year.


What does negative net income means?

Negative income of any sort means more money is leaving than is entering in the measured range. Net income is 'in total' so it means reserves are decreasing (expenditure) rather than increasing (income)


If expenses are greater than income there's no?

There is no money.


Is a firms comprehensive income always the same as its net income?

Is comprehensive income both greater than or less than net income or just either one