Difference between revisions of "Oversight Board/Finances/Readme"
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Alex Khitrik (talk | contribs) (Created page with "Understanding formatting of financial information:") |
Alex Khitrik (talk | contribs) |
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− | 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 |
Revision as of 18:05, 13 December 2010
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