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Anna Starkey

Tuesday, April 12, 2011. What is the basic financial equation for businesses? Revenue - Expenses = Profit or Loss. What are four steps in preparing a business budget? 1) Prepare a list of each type of income and expense that will be apart of the budget. 2) Gather accurate information from business records and other information sources for each type of income an expense. 3) Create the budget by calculating each type of income,expense, and the amount of net income or loss. 5)85,695 - 72,624 = 13,071 PROFIT.

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Anna Starkey | annamstark.blogspot.com Reviews

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Tuesday, April 12, 2011. What is the basic financial equation for businesses? Revenue - Expenses = Profit or Loss. What are four steps in preparing a business budget? 1) Prepare a list of each type of income and expense that will be apart of the budget. 2) Gather accurate information from business records and other information sources for each type of income an expense. 3) Create the budget by calculating each type of income,expense, and the amount of net income or loss. 5)85,695 - 72,624 = 13,071 PROFIT.

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1 anna starkey

2 checkpoints/assessment chapter 12

3 checkpoints

4 start up budget

5 operating budget

6 cash budget

7 assesment

8 posted by

9 anna strakey

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Anna Starkey | annamstark.blogspot.com Reviews

https://annamstark.blogspot.com

Tuesday, April 12, 2011. What is the basic financial equation for businesses? Revenue - Expenses = Profit or Loss. What are four steps in preparing a business budget? 1) Prepare a list of each type of income and expense that will be apart of the budget. 2) Gather accurate information from business records and other information sources for each type of income an expense. 3) Create the budget by calculating each type of income,expense, and the amount of net income or loss. 5)85,695 - 72,624 = 13,071 PROFIT.

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annamstark.blogspot.com

1

Anna Starkey: Vocabulary Chapter 12

http://www.annamstark.blogspot.com/2011/04/vocabulary-chapter-12.html

Tuesday, April 12, 2011. All income that a business receives over a period of time. The costs of operating a business. Provides detailed plans for the financial needs of individuals, families, and businesses. Plans income and expenses from the beginning of a new business or a major business expansion until it becomes profitable. Describes the financial plan for ongoing operations of the business for a specific period. Is an estimate of the actual money received and paid out for a specific period.

2

Anna Starkey: Checkpoints/Assessment Chapter 12

http://www.annamstark.blogspot.com/2011/04/checkpointsassessment-chapter-12.html

Tuesday, April 12, 2011. What is the basic financial equation for businesses? Revenue - Expenses = Profit or Loss. What are four steps in preparing a business budget? 1) Prepare a list of each type of income and expense that will be apart of the budget. 2) Gather accurate information from business records and other information sources for each type of income an expense. 3) Create the budget by calculating each type of income,expense, and the amount of net income or loss. 5)85,695 - 72,624 = 13,071 PROFIT.

3

Anna Starkey: April 2011

http://www.annamstark.blogspot.com/2011_04_01_archive.html

Tuesday, April 12, 2011. What is the basic financial equation for businesses? Revenue - Expenses = Profit or Loss. What are four steps in preparing a business budget? 1) Prepare a list of each type of income and expense that will be apart of the budget. 2) Gather accurate information from business records and other information sources for each type of income an expense. 3) Create the budget by calculating each type of income,expense, and the amount of net income or loss. 5)85,695 - 72,624 = 13,071 PROFIT.

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Anna Starkey

Tuesday, April 12, 2011. What is the basic financial equation for businesses? Revenue - Expenses = Profit or Loss. What are four steps in preparing a business budget? 1) Prepare a list of each type of income and expense that will be apart of the budget. 2) Gather accurate information from business records and other information sources for each type of income an expense. 3) Create the budget by calculating each type of income,expense, and the amount of net income or loss. 5)85,695 - 72,624 = 13,071 PROFIT.

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