explain the meaning of budget
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☆☆☆☆☆Budget☆☆☆
✔✔✔A budget is an estimate of income and expenditure for a future period as opposed to an account which records financial transaction. Budget is an essential element in the planning and control of the financial affairs of a nation and is made necessarily (and essentially) because income and expenditure do not occur simultaneously (i.e., income or revenue receipts and expenditure flows do not always coincide).✅✅✅
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Explanation:
budget a plan of how to spend an amount of money over a particular period of time; the amount of money that is mentioned.
for example, the work was finished on time and within budget
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