Principles of Accounting, 2002 Edition
Belverd E. Needles, Jr., DePaul University Marian Powers, Northwestern University Susan Crosson, Santa Fe Community College
Chapter Summaries
Chapter 24: The Budgeting Process
Chapter 24 covers the budgeting process. It goes from developing the master budget, through to the cash budget, budgeted income statement, and budgeted balance sheet. It concludes with a discussion of responsibility accounting.
