The most challenging part is to make sure you follow the budget even when I took the time to track my expenses. Also, you learn there are unexpected expenses but having a budget makes you feel confident.
<h3>What was the most challenging part of creating your budget?</h3>
Last year, I created a budget for a trip, and the most difficult part was both thinking about all the elements in the budget and tracking all the expenses before and during the trip.
<h3>Did I take the time to track my spending?</h3>
I took the time to track my spending by checking the budget every time I spent money for the trip.
<h3>What did I discover about spending?</h3>
I discovered there are some unexpected expenses I had not considered such as renewing my passport or paying taxes.
<h3>How does it feel to have a plan?</h3>
Having a plan makes me feel confident about spending money because I have control of it.
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As to the receipts, the relationship between Quik mart and the bank is Creditor and Debtor.
<h3>Who is a Creditor and Debtor?</h3>
Any individual or organization that owes money to another is said to be a debtor . The debtor often has to pay both the principle and interest on the loan.
Creditors are people or organizations that lent money to another firm and are now owed money. An organization or individual that loans money or offers credit to some other party is known as a creditor.
Debtors are individuals or businesses who owe you money. They are also referred to as "accounts receivable" by you.
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Answer: the ability to borrow money is called credit
Explanation:
This ability to borrow money is called having credit. ... The money you owe is called debt. The money you borrow is yours to spend, but remember: when you borrow money, you're taking on a real responsibility to pay the money back! You need to make monthly loan payments and usually have other costs called interest and fees.
Answer:
The correct answer is: 36 months or 3 years.
Explanation:
The Department of Treasury Circular 230 establishes the regulations for all those professionals who represent individuals before the Internal Revenue Service (<em>IRS</em>) such as <em>lawyers </em>and <em>accountants</em>. In section 10.29 there is a retention requirement in front of conflict of interest that implies waivers or consents to be retained by the tax professional for <em>3 years post-representation</em> and made available to the IRS if requested.