Accountancy, asked by ayeshakhan89997, 7 months ago

what is surplus?Answer in one sentence ​

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Answered by aadil1290
13

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 goldikthakur
3

an amount that is extra or more than you need

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