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Monthly Expenses
Recurring costs or outlays that occur every month, such as rent, utilities, payroll, and other operational charges.
Master Budget
A comprehensive financial plan that includes both operational and financial budgets, representing a company’s overall plan of action for a future period.
Budgeted Sales
The projected amount of sales revenue a company expects to receive within a specific period, as part of its financial planning process.
Credit Sales
Credit sales are transactions where the customer purchases goods or services on account, agreeing to pay the supplier at a later date.
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