Jump to content

Oversight Board/Finances/Readme: Difference between revisions

From Sugar Labs
Created page with "Understanding formatting of financial information:"
 
No edit summary
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

Revision as of 17:05, 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