Budget question

Discussion in 'Community Discussion' started by longball11, Mar 4, 2009.

  1. longball11 macrumors 6502a


    Feb 3, 2009
    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?
  2. Mr. Giver '94 macrumors 68000

    Mr. Giver '94

    Jun 2, 2008
    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.
  3. rhsgolfer33 macrumors 6502a

    Jan 6, 2006
    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.

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