Question

which tool is used to maintain records of budget, financial statement and sale?

Answer 1

Answer:

Spread sheet is used to maintain budget, financial statement and sales records. By spreadsheet we can create a new workbook ...

Answer 2

Answer:

A spreadsheet is used to maintain records of budget, financial statements, and sales.

Explanation:

How do you manage your finances using spreadsheets?

• Establish a spreadsheet
• Keep track of your spending
• Keep track of your income

A spreadsheet makes it simple to manage a variety of data. Examples of these data types include financial data, customer data, and product data. Spreadsheets for creating a budget are terrific tools for managing our money. They ensure that we stick to our spending plan and assist us in conserving money. We can efficiently prepare for the future and learn how to manage our money by using a budgeting spreadsheet. An easy spreadsheet or chart that you can use to keep track of your income, expenses, and savings is a budget worksheet. Several advantages come from keeping track of your expenses with a worksheet. It keeps track of both income and outlays in one easy location.

Thus, a spreadsheet is a useful tool for forecasting and assessing the current financial situation.