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Week 7 Vocab-EW
Question | Answer |
---|---|
budget | a monthly or yearly spending and savings plan for an individual, family, business, or organization |
register | a small table to track deposits added to account, expenses withdrawn from account, and current available balance |
available balance | the amount available in an account for a person, business, or organization to spend |
balance | to reconcile your budget or account statement with your check register to make sure the records match and are accurate |
transaction | a specific time or instance when money changes hands |
financial record | a formal record of the transactions made by a person, business, or other organization |