Line 1: |
Line 1: |
− | Understanding formatting of financial information: | + | ==Understanding formatting of financial information== |
| + | Assets = Income - Expenses |
| + | |
| + | |
| + | '''Explanation of Positive versus Negative values in Balance column''' |
| + | |
| + | Money in the bank = Positive Asset Values |
| + | |
| + | Money spent = Positive Expenses Values |
| + | |
| + | Money deposited = Negative Income Values |