Welcome to Westonci.ca, your one-stop destination for finding answers to all your questions. Join our expert community now! Explore our Q&A platform to find in-depth answers from a wide range of experts in different fields. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.
Sagot :
Final answer:
Recording past income and spending in a budget serves as the basis for future financial planning.
Explanation:
The purpose of recording past income and spending in a budget is to serve as the basis for future planning. By analyzing past financial data, individuals or organizations can make informed decisions for their future financial goals. Understanding past income and spending patterns helps in creating a realistic and effective budget that aligns with one's financial objectives.
Learn more about Budgeting here:
https://brainly.com/question/34025115
We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.