![]() Under this, the savings calculated will be allocated for different purposes. The savings of individuals will be calculated by subtracting the total expenses from the total income. The total of all the above expenses will give the figure of the total expenses of the person during a particular period. Miscellaneous Expenses: This includes any other miscellaneous expenses paid.Shopping Expenses: This includes a total of expenses paid by the individual during the period of shopping.Credit Card Expenses: Total bill of credit card paid.Debt Repayments: Total debt amount repaid during the period.Interest Payments: Total expenses incurred on interest payments.Travel Expenses: Total expenses incurred on travel.Entertainment Expenses: Total expenses incurred on entertainment.Education or Knowledge up-gradation Expenses: This includes total expenses paid by the individual in his education-related areas.Medical Expenses: This includes a total of medical expenses paid by the individual during the period.Transportation Expenses: This includes transportation expenses paid by the individual during the period.read more include the total bill of utilities paid by the individual during the period. ![]() These are included as operating expenses in the Company’s income sheet.
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