6
AssignmentDropdown

Taxes

Question 6 • * HSA 26-27 Economics

Which would you use to determine how much money you have left over to save each month?

Answer
A
balance sheet
B
income statement
C
net worth statement
D
paystub

Explanation

An income statement shows your income and expenses over a period, such as one month. Subtracting your expenses from your income tells you how much money is left to save. A balance sheet or net worth statement shows what you own and owe, while a paystub shows details about one paycheck.

AI-written and checked against the verified answer.

Previous
Next