variable expenses
stupid person!
[Debit] Advance expenses [Credit] Cash / bank
An adequate cash balance is the amount of liquid funds a business or individual needs to cover short-term obligations, unexpected expenses, and operational costs without incurring debt. It varies based on factors like industry, cash flow patterns, and financial goals. Generally, maintaining a cash reserve that covers three to six months of expenses is considered prudent for businesses, while individuals might aim for an emergency fund equivalent to three to six months of living expenses. Ultimately, the right balance ensures financial stability and flexibility.
Keep 3 to 6 months of income in an emergency savings account which is only to be used in the case of an emergency. This is usually sufficient to cover a sudden loss of employment and/or other temporary situation that may arise.
A 12-month trailing expense is a expense that is payable over the period of 12 months. It is not a one time payment but rather that can be paid over the 12 mothes.
Yes, I have claimed deductions in previous tax years for expenses that were incurred months before filing my taxes.
That depends what months you are talking about. As an approximation, you can suppose an average of about 30 days, or perhaps 30.5, days per month.That depends what months you are talking about. As an approximation, you can suppose an average of about 30 days, or perhaps 30.5, days per month.That depends what months you are talking about. As an approximation, you can suppose an average of about 30 days, or perhaps 30.5, days per month.That depends what months you are talking about. As an approximation, you can suppose an average of about 30 days, or perhaps 30.5, days per month.
i want to know previous months details of my bill
Most money managers will tell you to have at least six months worth of living expenses in savings.
Please note that different months have different lengths, so an exact answer is not possible. Divide the number of weeks by 4.35 to get an approximation.
25 months
An emergency fund covers unexpected expenses. It is suggested that an emergency fund be able to cover at least 6 months of expenses in the case of an emergency.
To convert weeks to months, you can use the approximation that there are about 4.33 weeks in a month. Dividing 125 weeks by 4.33 gives approximately 28.9 months. Therefore, 125 weeks is roughly equivalent to 29 months.
To convert weeks to months, you can use the approximation that one month is about 4.3 weeks. Therefore, 35 weeks is approximately 8.1 months (35 divided by 4.3). This means 35 weeks is a little over 8 months.
4 months' expenses = 3 months' income. So, in a year, 12 months' expenses are covered by 9 months' income. This means he saves three months' income in a year. 3 months' income = 450 so monthly income = 150 or annual income = 1800.
That is two months, two weeks, and 5 days (as little as 3 if the previous months had 31 days).
calculate the current months sales on the day before the last day of month so that it makes a month with the previous month