Income and Expenditures: 01. Key Components

In this course about Income and Expenditures: 01. Key Components, we give you a basic understanding of these two key components in business operations. This is essential learning for businesses and managers because therein lies your success. Businesses that balance their income and expenditures will be successful because income supports expenses. The course discusses how expansion and growth requires spending, so appropriate income is required to finance it. The video course also discusses revenue and capital expenses, the differences between them, and where they belong on your financial reports. Part of our Income and Expenditures series, the course features a video with audio narration, downloadable student resources, and a quick quiz.

Learning objectives:

• Ensure that your company's income and expenditures are balanced appropriately. Determine where to enter all income and expenses on company financial reports