Annual budget can be described as a plan laid out for a company's expenditures for a financial year. Laying down an annual budget helps companies balance out the expenditure with the income/revenue they are looking at for the year. A budget is said to be in balance if the revenue is equivalent to the expenditure.
Final accounts gives an idea about the profitability and financial position of a business to its management, owners, the public and other interested parties. All business transactions are first recorded in a journal. They are then transferred to a ledger and balanced in a Trial Balance.
Meeting minutes are notes that are recorded during a meeting. They highlight the key issues that are discussed, motions proposed or voted on, and activities to be undertaken. The minutes of a meeting are usually taken by a designated member of the group.