=+EX 22-1 Personal cash budget objs. 2, 5

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a. December 31 cash balance, $3,500 1024 Chapter 22 Budgeting Cash balance, September 1 (from a summer job) . . . . . . . . . . . . . . . . . . . . . . . $7,000 Purchase season football tickets in September . . . . . . . . . . . . . . . . . . . . . . . . . 100 Additional entertainment for each month . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 250 Pay fall semester tuition on September 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,800 Pay rent at the beginning of each month . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 350 Pay for food each month . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 200 Pay apartment deposit on September 2 (to be returned Dec. 15) . . . . . . . . . . . . 500 Part-time job earnings each month (net of taxes) . . . . . . . . . . . . . . . . . . . . . . . . 900

a. Prepare a cash budget for September, October, November, and December.