Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Can someone help me with this Simple personal cash budget please? A B E F G BUDGET SEATON H K Jan Feb N March April

Can someone help me with this Simple personal cash budget please?

image text in transcribed
A B E F G BUDGET SEATON H K Jan Feb N March April May 2 June July Aug Sept Nov Ded Cash - start 5 Wages - #1 6 Wages - #2 Total Income 9 Mortgage 10 Electric Heat Phone 13 Car payment - #1 4 car payment - #2 15 Groceries 6 Entertainment 17 Retirement Savings 8 miscellaneous expenses 9 Total Outgo ( Expense] 20 21 Cash - coding 23 DATA SECTION 24 Income Wkly wages #1 (after tax] 500 16 Wkly wages #2 [after tax) 700 27 # wharmonth 5 52 0 Expenses misc expense for vacations, car repairs) and gifts to accounting teachers 31 mortgage 1,600 per month 1.000 in April for a mini-vacation 32|electric 200 per month 3.500 in July for a week at the beach 13 heat 160 per month 2.080 in December for presents for accounting teacher (and other=] 4 phone 85 per month Question of the day? 35 car payment #1 350 per month If one of their care breaks down in June and requires $500 in repairs, will they be okay? car payment #2 450 per month Or will they have to change their spending plans? 7 grocery (per week] 150 per weck 8 entertainment {per week] 200 per week retirement savings (per wh] 60 per weak

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial And Managerial Accounting

Authors: Jerry J Weygandt, Paul D Kimmel, Jill E Mitchell

4th Edition

1119752620, 978-1119752622

More Books

Students also viewed these Accounting questions