Question

Select the correct answer from each drop-down menu.

What does a personal budget do?
A personal budget provides a ( salary slip, detailed account, summary)
of income and expenses for a (monthly,given,yearly)
period.

Answer 1

A personal budget provides a Summary of income and expenses for a

Given period

Step-by-step explanation:

got it right on the test for edmentum.

Answer 2

A personal budget provides a detailed account of income and expenses for a period.

Step-by-step explanation:

A personal budget is a plan of how one intends to spend their income. It shows the source of income and the total on one side. The expenses are listed on a different side. Each expenditure item is listed and its estimated amount is indicated. The total of all incomes and expenses is shown on their respective sides.

A personal budget may be prepared for a regular income say monthly, weekly, or quarterly payments. It can also be prepared for irregular incomes such as loans, gifts, or bonuses.