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    • Describe the three products of accounting and bookkeeping procedures that are most useful in personal financial planning?
    • There are three products of accounting and bookkeeping procedures that are most useful in personal financial planning: 1- Income statement is a summary of all income and all expenses for a particular period of time.
    • In personal finance, income is wages earned and interest on investment gotten.
    • While expenses are made payments for consumed products and utilized services of daily living, such as rent, utilities, food, and clothes.
    • Using records in an income statement we can analyze which of our expenses consumes more of our income than others and which expenses have more effect on our budget.
    • 2-Cash flow statement is a statement that shows how much cash came in and where it came from, and how much cash went out and where it went over a period of time.
    • It is used to show our net income and liquidity of our finances.
    • The 3-Balance sheet is made of debts, assets, and net worth.
  • It shows what we owe and what we have in a given period of time.

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  • Tiêu đề
  • câu 1
  • câu 2
    • Describe the three products of accounting and bookkeeping procedures that are most useful in personal financial planning?
      Bầu chọn ngay!
    • Describe the three products of accounting and bookkeeping procedures that are most useful in personal financial planning?.
      genzaimugenzaimu profile picture Comments
    • ADD a NEW CORRECTION! - câu 2ADD a NEW CORRECTION! - câu 2
  • câu 3
    • There are three products of accounting and bookkeeping procedures that are most useful in personal financial planning: 1- Income statement is a summary of all income and all expenses for a particular period of time.
      Bầu chọn ngay!
    • There are three products of accounting and bookkeeping procedures that are most useful in personal financial planning: ¶

      1- Income statement      , which is a summary of all income and all expenses for a particular period of time.
      genzaimugenzaimu profile picture Comments
    • There are three products of accounting and bookkeeping procedures that are most useful in personal financial planning: ¶

      1- Income statement       is- a summary of all income and all expenses for a particular period of time.
      AussieInBgAussieInBg profile picture Comments
    • ADD a NEW CORRECTION! - câu 3ADD a NEW CORRECTION! - câu 3
  • câu 4
  • câu 5
    • While expenses are made payments for consumed products and utilized services of daily living, such as rent, utilities, food, and clothes.
      Bầu chọn ngay!
    • While expenses are made payments more for consumed products and utilized services of daily livingfe, such as rent, utilities, food, and clothes.
      Alexqc1990Alexqc1990 profile picture Comments 1
    • WhileOn the other hand, expenses are made payments for consumed products and utilized services of daily living, such as rent, utilities, food, and clothes.
      AussieInBgAussieInBg profile picture Comments 1
    • ADD a NEW CORRECTION! - câu 5ADD a NEW CORRECTION! - câu 5
  • câu 6
    • Using records in an income statement we can analyze which of our expenses consumes more of our income than others and which expenses have more effect on our budget.
      Bầu chọn ngay!
    • Using records in an income statement, we can analyze which of our expenses consumes more of our income than others and which expenses have more effect on our budget.
      genzaimugenzaimu profile picture Comments
    • UBy using records in an income statement we can analyze which of our expenses consumes more of our income than others and which expenses have more effect on our budget.
      Alexqc1990Alexqc1990 profile picture Comments
    • Using records in an income statement we can analyze which of our expenses consumes more of our income than others and which expenses have morethose which have a greater effect on our budget.
      AussieInBgAussieInBg profile picture Comments 1
    • ADD a NEW CORRECTION! - câu 6ADD a NEW CORRECTION! - câu 6
  • câu 7
    • 2-Cash flow statement is a statement that shows how much cash came in and where it came from, and how much cash went out and where it went over a period of time.
      Bầu chọn ngay!
    • 2-Cash flow statement, which is a statement that shows how much cash came in and where it came from, and how much cash went out and where it went over a period of time.
      genzaimugenzaimu profile picture Comments
    • 2-Cash flow statement is- a statement that shows how much cash came in and where it came from, and how much cash went out and where it went over a period of time.
      AussieInBgAussieInBg profile picture Comments
    • ADD a NEW CORRECTION! - câu 7ADD a NEW CORRECTION! - câu 7
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