what are the meanings of business plan,income & expenditure?
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Income and Expenditure Strategy Since most companies require materials for products, employees and office equipment, among other things, they need to spend enough money to cover the important things that keep the business running and able to generate revenue and profit.Income and expenditure account can be defined as an account that reveals surplus or deficit of a non-trading concern by matching incomes and expenses of a specified accounting period.
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Buisnesss plan means the plan which you are making for example cotton buisness,wheat buisness or whatever
imcome is what you get from inputs
expenditure is what you spend for outputs
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