Budget question

[longball11]

I am doing a budget workbook for a class. What apparel to buy a sports team, equipment, paying officials, etc. In the end, I added up to get the subtotal and then subtract it from the total revenue. Am I supposed to get a negative number?

[Mr. Giver '94]

If you get a negative number you have a deficit as in you've over spent your budget. If that doesn't sound plausible I'd make sure your figures are accurate.

[rhsgolfer33]

If you had more expenses that revenues then you would get a negative number (net loss). If this is the case you may want to decrease your expenses or increase your revenues (if possible), unless your teacher allows you to budget for a loss. Most of the time you should be budgeting to at least break-even, if not have a net income.