business






 

Question by  hernando (30)

What is a budgeted income statement?

 
+7

Answer by  NGoodson (3395)

An income statement that also shows what comes out of your income- what needs to be paid or budgeted for.

 
+6

Answer by  tamarawilhite (17883)

A budgeted income statement lists all sources of income. It then has line items for all regular expenses (rent, debt payment, food) and saving for irregular expenses (car repairs, medical).

 
+6

Answer by  tamarawilhite (17883)

A budgeted income statement is a budget that accounts for every dollar that is expected to come in, including amounts for savings and investment.

 
+5

Answer by  turkworker (1007)

A budgeted income statement is basically a statement that shows your operating expenses for the year as well as the money that was made from the goods that were sold.

 
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