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hey i will be posting 4 statements I just want the assumptions I used in the statement and answer the questions please. all the financial

hey i will be posting 4 statements I just want the assumptions I used in the statement and answer the questions please. all the financial statements are provided I just need the answers given after each tables. this is the complete information.

Name: Date:
Monthly Budget Actual Spending
Jan Feb Mar Apr May Jun
INCOME $0.00 $2,833.00 $2,833.00 $2,833.00 $2,833.00 $2,833.00 $2,833.00
EXPENSES:
Savings $0.00 $200.00 $200.00 $200.00 $200.00 $200.00 $200.00
Mortgage/rent $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Housing costs $0.00 $200.00 $200.00 $200.00 $200.00 $200.00 $200.00
Telephone $0.00 $200.00 $200.00 $200.00 $200.00 $200.00 $200.00
Food (at home) $0.00 $35.00 $35.00 $35.00 $35.00 $35.00 $35.00
Food (away) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Clothing $0.00 $50.00 $50.00 $50.00 $50.00 $50.00 $50.00
Transportation $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Credit payments $0.00 $25.00 $25.00 $25.00 $25.00 $25.00 $25.00
Insurance $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Health care $0.00 $85.00 $35.00 $35.00 $35.00 $35.00 $85.00
Recreation $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Reading/education $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Gifts/donations $0.00 $60.00 $60.00 $60.00 $60.00 $60.00 $60.00
Miscellaneous $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Other $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Other $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Expense $0.00 $855.00 $805.00 $805.00 $805.00 $805.00 $855.00
Surplus (Deficit) $0.00 $1,978.00 $2,028.00 $2,028.00 $2,028.00 $2,028.00 $1,978.00
What's Next for your Personal Financial Plan?
* Decide which areas of spending need to be revised.
Cash Inflows
Salary (take-home) $1,950.00
Other income : $0.00
Other income : $0.00
Total Income $1,950.00
Cash Outflows
Fixed expenses
Mortgage or rent $650.00
Loan payments $80.00
Insurance $230.00
Other $0.00
Other $0.00
Total fixed outflows $960.00
Variable expenses
Food $345.00
Clothing $130.00
Electricity $110.00
Telephone $90.00
Water $65.00
Transportation $70.00
Personal care $180.00
Medical expenses $50.00
Recreation/entertainment $0.00
Gifts $0.00
Donations $0.00
Other $0.00
Other $0.00
Total variable outflows $1,040.00
Total Outflows $2,000.00
Surplus (Deficit) ($50.00)
What's Next for your Personal Financial Plan?
* Decide which areas of spending need to be revised.
Assets
Liquid assets
Checking account balance
Savings/money market accounts, funds $1,600.00
Cash value of life insurance $7,200.00
Other $6,250.00
Total liquid assets $0.00 $15,050.00
Household assets and possessions
Current market value of home
Market value of automobiles $180,000.00
Furniture $12,000.00
Computer, electronics, camera $6,000.00
Jewelry $600.00
Other
Other
Total household assets $0.00 $198,600.00
Investment assets $0.00
Savings certificates $7,560.00
Stocks and bonds $10,500.00
Retirement accounts $0.00
Mutual funds
Other
Total investment assets $18,060.00
Total assets $231,710.00
Liabilities $0.00
Current liabilities $4,000.00
Charge account and credit card balances $0.00
Loan balances $0.00
Other
Other
Total current liabilities $150,000.00 $0.00
Long-term liabilities $0.00
Mortgage
Other
Total long-term liabilities $0.00
Total liabilities $0.00
Net Worth $231,710.00
(assets minus liabilities)
* Compare your net worth to previous balance sheets.
* Decide how often you will make a balance sheet.

just answer the questions given after every table using the assumptions from the tables of each question.

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