What is a budgeted income statement?

Answer by  NGoodson (3395)

An income statement that also shows what comes out of your income- what needs to be paid or budgeted for.

Answer by  tamarawilhite (17883)

A budgeted income statement lists all sources of income. It then has line items for all regular expenses (rent, debt payment, food) and saving for irregular expenses (car repairs, medical).

Answer by  tamarawilhite (17883)

A budgeted income statement is a budget that accounts for every dollar that is expected to come in, including amounts for savings and investment.

Answer by  turkworker (1007)

A budgeted income statement is basically a statement that shows your operating expenses for the year as well as the money that was made from the goods that were sold.