Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

hello please help with putting this fincial tracking into this income and wxpense sheet, i need to know if i did mine right. Date Expense

hello please help with putting this fincial tracking into this income and wxpense sheet, i need to know if i did mine right. image text in transcribed
image text in transcribed
Date Expense Income 1 $1598.00 2 2 2 $993.00 $348.00 $200.00 $60.00 $75.00 5 $800.00 5 6 $59.00 $106.00 $261.00 $27.00 $112.00 $40.00 $33.00 9 9 11 15 $1602.00 Category Description Salary DJ's Check Mortgage Loan Car Payment Retirement Connie's IRA Dance Lessons School Lunch Salary Connie's Check Utilities City Utilities Electric Groceries Gasoline Groceries Entertainment Movie Gasoline Salary DJ's Check Contributions Boy Scouts of America Savings Loan Credit Card Loan Student Eating Out Arby's Utilities Natural Gas Clothing Children DJ Groceries Gasoline Entertainment Bowling Utilities Cell Phone/Cable Groceries Eating Out Chipotles Household Expes Prescriptions 15 15 15 15 15 15 16 19 $25.00 $225 00 $30.00 $133.00 $17.00 $88.00 $100.00 $106.00 $70.00 $40.00 $165.00 $51.00 $43.00 $70 00 $35.00 19 21 26 29 29 29 29 INCOME AND EXPENSE STATEMENT AMOUNT INCOME Salary (take home) AMOUNT EXPENSES Fixed Rent/Mortgage Savings Investment Revolving Savings Loan Payment Loan Payment Other Other Other Sub-total Bonuses, tips, etc. Interest and Dividends Other Other Other TOTAL INCOME Total Income $ Total Expenses -$ NET GAIN/LOSS = $ Variable Utilities Phone Cell Cable Groceries Eating Out Gasoline Household Personal Care Clothing Laundry/Dry Clean Doctor Payments Prescriptions Personal Allowance Entertainment Contributions Miscellaneous Other Other Other Sub Total EXPENSE TOTAL

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Auditing Cases An Active Learning Approach

Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt

2nd Edition

0130674842, 978-0130674845

Students also viewed these Accounting questions

Question

2. Avoid basing most of a report-card grade on one test.

Answered: 1 week ago