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Cash Budget vs Projected Income Statement The difference between cash budget and projected income statement is that cash budget includes the estimates of cash inflows and outflows for the accounting year whereas projected income statement provides an estimation of revenues and costs. Both cash budget and projected income statement are prepared as a part […]
Key Difference – Master Budget vs Cash Budget The key difference between master budget and cash budget is that master budget is a financial forecast that consists of all the revenues and expenditure whereas cash budget records the predicted results of cash inflows and outflows for the accounting period. Therefore, cash budget becomes a […]
