What are the purposes of a personal budget, balance sheet, a
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What are the purposes of a personal budget, balance sheet, and statement of cash flow?
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This solution discusses the purposes of a personal budget, balance sheet, and statement of cash flow.
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What are the purposes of a personal budget, balance sheet, and statement of cash flow?
A personal budget serves the purpose of showing the person how much cash they have available to work with, and where their money needs to go. The purpose is to keep the spending in-check, and to ensure that there is enough money to pay the bills, since all information (or most), is contained in ...
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