i choose Mississippi

AC 214-PRINCIPLES OF MANAGERIAL ACCOUNTI CHAPTER 21 PERSONAL BUDGET INSTRUCTIONS You are graduating from the University and have two job offers. One job offer is in Mississippi with an annual salary of $36,000. The second job offer is out west in California or Nevada or out east in New York or Washington D.C. with an annual salary of $48,000. You are to accept the job offer of your choice between the two offers listed above. Prepare a personal budget for your first year on the job using the budget format attached to this document. Your budget year consist of twelve months, which is the typical timeline for a budget. You can add additional lines to your budget if desired. If you do not want to incur an expense listed on the budget, just leave it blank or write -0- After preparing your personal budget, what adjustments would you make financially to live within the constraints of your budget and what would be your future plans to increase your income level in order to be able to increase your expenses and live the way you really would like to? Would you advise every university student to take the time and prepare a personal budget for college (4-5 years) and prepare a personal budget prior to beginning the career job after graduating from college? Explain. Submit the class assignment by email no later than 11:00 p.m. Thursday, April 11, 2019. HAVE A NICE DAY. Marcharie Chambliss Instructor of Accounting AC 214: PRINCIPLES OF MANAGERIAL ACCOUNTING CHAPTER 21: BUDGETING PERSONAL BUDGET INCOME: FEDERA FICA STATE NET INCOME B/4 OTHER DEDUCTIONS 3,000 4,000 (350) (230) (1302 450) (300) (180) 930) LS710) $2,290 $3,070 OTHER DEDUCTIONS: HEALTH INSURANCE DENTAL INSURANCE VISION DISABILITY INSURANCE RETIREMENT (401K) OTHER TOTAL DEDUCTIONS NET PAY EXPENSES: MONTHLY RENT/MORTGAGE FOOD/LUNCH CAR NOTE/TRANSIT GASOLINE-VEHICLE VEHICLE REPAIRS VEHICLE INSURANCE/TAG ELECTRICITY GAS WATER/SEWER WASTE MANAGEMENT CELL PHONE INTERNET CABLE PERSONAL CARE HOUSEHOLD ITEMS CLOTHING DRY CLEANING ENTERTAINMENT RECREATION POCKET FUNDS HOLIDAY GIFTS TOTAL EXPENSES EMERGENCY FUND NET OPERATING INCOME (LOSS) SAVINGS AC 214-PRINCIPLES OF MANAGERIAL ACCOUNTI CHAPTER 21 PERSONAL BUDGET INSTRUCTIONS You are graduating from the University and have two job offers. One job offer is in Mississippi with an annual salary of $36,000. The second job offer is out west in California or Nevada or out east in New York or Washington D.C. with an annual salary of $48,000. You are to accept the job offer of your choice between the two offers listed above. Prepare a personal budget for your first year on the job using the budget format attached to this document. Your budget year consist of twelve months, which is the typical timeline for a budget. You can add additional lines to your budget if desired. If you do not want to incur an expense listed on the budget, just leave it blank or write -0- After preparing your personal budget, what adjustments would you make financially to live within the constraints of your budget and what would be your future plans to increase your income level in order to be able to increase your expenses and live the way you really would like to? Would you advise every university student to take the time and prepare a personal budget for college (4-5 years) and prepare a personal budget prior to beginning the career job after graduating from college? Explain. Submit the class assignment by email no later than 11:00 p.m. Thursday, April 11, 2019. HAVE A NICE DAY. Marcharie Chambliss Instructor of Accounting AC 214: PRINCIPLES OF MANAGERIAL ACCOUNTING CHAPTER 21: BUDGETING PERSONAL BUDGET INCOME: FEDERA FICA STATE NET INCOME B/4 OTHER DEDUCTIONS 3,000 4,000 (350) (230) (1302 450) (300) (180) 930) LS710) $2,290 $3,070 OTHER DEDUCTIONS: HEALTH INSURANCE DENTAL INSURANCE VISION DISABILITY INSURANCE RETIREMENT (401K) OTHER TOTAL DEDUCTIONS NET PAY EXPENSES: MONTHLY RENT/MORTGAGE FOOD/LUNCH CAR NOTE/TRANSIT GASOLINE-VEHICLE VEHICLE REPAIRS VEHICLE INSURANCE/TAG ELECTRICITY GAS WATER/SEWER WASTE MANAGEMENT CELL PHONE INTERNET CABLE PERSONAL CARE HOUSEHOLD ITEMS CLOTHING DRY CLEANING ENTERTAINMENT RECREATION POCKET FUNDS HOLIDAY GIFTS TOTAL EXPENSES EMERGENCY FUND NET OPERATING INCOME (LOSS) SAVINGS