Compose an analysis of the following personal budget on how to reach the summer financial goals using accounting terms. Consider: Why did the pay of certain income sources decrease and increase?Could summer activities be making an impact on the sources of income and the time available ? Why did babysitting and personal training increase and decrease in certain times of the year ?

I Darrel Lachapelle's Personal Budget April Opening Cash Balance May June July August September 1,200 1,775 Budgeted Cash Receipts by Source 2,715 3,060 3,510 3,945 Source 1: Amazon 1,200 1,500 950 Source 2: Babysitting 1,000 1, 150 1.400 200 240 300 350 125 Source 3: Personal Trainer 135 100 200 235 300 250 155 CO Gross Cash Flow In 2,700 3,715 4,200 4,710 5,035 5,635 Budgeted Cash Disbursents Payment 1: Rent 500 500 500 500 500 500 N Payment 2: Phone 200 225 215 200 190 185 Payment 3: Groceries A Payment 4: Gym Memebership 100 150 300 375 275 200 Payment 5: Entertainment 4,200 5,635 3,715 4,710 5,035 Expected Cash balance before credit cards 2,700 1,010 925 1000 1, 140 1,200 1,090 Budgeted Credit Card Purchases 3,510 4,625 3,060 3,945 1,775 2,715 Expected Net Cash Effect