A(n)________ is a detailed statement of estimated receipts and expenditures for a period of time in the future.

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A budget is a detailed statement of estimated receipts and expenditures for a period of time in the future. An income statement shows the financial performance of a company over a period of time, a balance sheet shows the financial position of a company at a specific point in time, and a statement of retained earnings shows the changes in a company's retained earnings over a period of time. None of these options fit the definition of a budget.

A(n)________ Is a Detailed Statement of Estimated Receipts and Expenditures