What Budgeted Sales Revenue?

What Budgeted Sales Revenue? Sales Budget is the first budget prepared. Budgeted sales unit x budgeted sales price = Budgeted Sales Revenue. For a Merchandising company, the next budget is Purchases budget. It uses the Sales Budget and the merchandise inventory account. What is budgeted revenue? What Is Budgeted Revenue? A revenue budget is a

What Does It Mean If Revenue Is Less Than Expenditure?

What Does It Mean If Revenue Is Less Than Expenditure? What does it mean if revenue is less than expenditure? What is a Revenue Deficit? A revenue deficit occurs when realized net income is less than the projected net income. This happens when the actual amount of revenue and/or the actual amount of expenditures do