What are the purposes of a personal budget, balance sheet, a
Not what you're looking for?
What are the purposes of a personal budget, balance sheet, and statement of cash flow? A minimum of 200 words.
Purchase this Solution
Solution Summary
What are the purposes of a personal budget, balance sheet, and statement of cash flow? A minimum of 200 words.
Solution Preview
What are the purposes of a personal budget, balance sheet, and statement of cash flow? A minimum of 200 words.
A personal budget is used as a plan for an individual that details estimated income, expenses, plans for savings, and also details debts. The individual uses a personal budget to properly allocate their money to cover current expenses, and to properly designate what percentage or amount of their funds will be used for each major category in the personal budget. If a person is high in debt, a personal budget can be ...
Purchase this Solution
Free BrainMass Quizzes
Operations Management
This quiz tests a student's knowledge about Operations Management
Production and cost theory
Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.
Employee Orientation
Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.
Introduction to Finance
This quiz test introductory finance topics.
SWOT
This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.