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What happens when expenses exceed income in the 'income and expenditure account?
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What is it called when your expenses exceed your income?
UNSUCCESSFUL
What results when expenditures exceed revenue?
A deficit is the result when expenditure exceeds revenue.
Net income will result during a time period when?
revenues exceed expenses.
What can you do in addition to cutting all unnessary expenses to make sure your expenses don't exceed your income?
Increase your income!
If unnecessary expenses have been removed from your budget what can you do if your expenses still exceed your income?
Work overtime or get another job.
What happens when aggregate planned expenditure exceeds real GDP?
If aggregate planned expenditure exceed real GDP, firms sell more than they planned to sell and end up with inventories being too low. vice versa if aggregate planned expenditure is less than real GDP, firms sell lessthan they planned to sell and end up with unplanned inventories.
What can you do if your expenses still exceed your income Once all unnecessary expenses have been removed from your budget?
Work overtime or get another job.
What can you in additional to cutting all unnecessary expenses to make sure your expenses don't exceed your income?
Get another job to increase income.
Definition of net income?
The amount by which revenue exceeds expenses. If expenses exceed revenue it is a net loss.
What can you do in addition to cutting all unnecessary expenses to make sure your expenses don't exceed your income?
Get another job to increase income.
What can you do in addition to cutting all unnecessary expenses to make sure your expenses don't exceed your income...?
Get another job to increase income.
When expenses exceed revenue?
if you are in barbans class ask brett for the answer hahahahaha 8=>
