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To: sea_biscuit who wrote (13685)3/2/2000 11:03:00 PM
From: gao seng  Read Replies (1) | Respond to of 769670
 
assets - liabilities = equity.

equity? what is that?

the money value of a property or of an interest in a property in excess of claims or liens against it .

how does equity relate to surplus?

surplus:

the amount that remains when use or need is satisfied

finally, you may be still asking yourself, what is a budget?

a plan for the coordination of resources and expenditures