Accountancy, asked by sonalikadam0031, 4 months ago

surplus meaning in detail​

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Answered by rittuahir91
5

Answer:

A surplus describes the amount of an asset or resource that exceeds the portion that's actively utilized. A surplus can refer to a host of different items, including income, profits, capital, and goods. ... In budgetary contexts, a surplus occurs when income earned exceeds expenses paid.

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Answered by binanath8448
0

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