Here is question 1
What are the differences between a cash budget and an income statement? Why not skip the cash budget and just keep a large balance of cash or cash equivalents on hand?
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Here is question 2
If you were a Landlord leasing single and family unit apartments, what may be a few items that you would want to ensure were covered within the lease? Why would you want to include these items? Explain how it would assist you to include these if there were ever litigation issues.
In your response to a classmate’s contributions explain if you agree or disagree with what they chose to be covered in their lease. Can you make any suggestions as to something they may have forgotten to include?