Ask Question
28 September, 14:38

Where would an allowance be reflected on a budget sheet?

income

fixed expenses

variable expenses

available to save

+1
Answers (2)
  1. 28 September, 17:09
    0
    Allowance will be reflected on a budget sheet as fixed expenses

    Explanation:

    Allowance is expense a company incurs when paying their employees, the expense is said to be a fixed expense because it occurs every month or week depending on the structure of payment agreement made and the value doesn't change.

    In the budget sheet which is the record of the income, expenses, overhead and production cost of a company, the payment of Allowance to workers is considered a fixed expense.

    A fixed expense is said to be when the amount been disbursed for a particular purpose like salary or purchase of a good or service doesn't change over a period of time regardless of other changing factors
  2. 28 September, 17:58
    0
    Fixed expenses allowance be reflected on a budget sheet
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Where would an allowance be reflected on a budget sheet? income fixed expenses variable expenses available to save ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers