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Financial Planning Exercise 6 Identifying missing budget items Here is a portion of Chuck Schwartz's budget record for a recent month. Fill in the blanks
Financial Planning Exercise 6 Identifying missing budget items
Here is a portion of Chuck Schwartz's budget record for a recent month. Fill in the blanks in columns 5 and 6. Use minus sign to enter negative numbers. If an amount is zero, enter "0".
Monthly | Cumulative | |||||
Amount | Amount | Beginning | Surplus | Surplus | ||
Item | Budgeted | Spent | Balance | (Deficit) | (Deficit) | |
(1) | (2) | (3) | (4) | (5) | (6) | |
Rent | $450 | $430 | -$30 | $ | $ | |
Utilities | 200 | 177 | 10 | |||
Food | 500 | 525 | -5 | |||
Auto | 70 | 49 | 10 | |||
Recreation and entertainment | 100 | 100 | 15 |
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