Difference between revisions of "Oversight Board/Finances/Readme"
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+ | ==Understanding formatting of financial information== | ||
+ | Assets = Income - Expenses | ||
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+ | '''Explanation of Positive versus Negative values in Balance column''' | ||
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+ | Money in the bank = Positive Asset Values | ||
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+ | Money spent = Positive Expenses Values | ||
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+ | Money deposited = Negative Income Values |
Latest revision as of 23:15, 5 June 2016
Understanding formatting of financial informationAssets = Income - Expenses
Money in the bank = Positive Asset Values Money spent = Positive Expenses Values Money deposited = Negative Income Values |