FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

i need help with personal income statement and personal balance sheet i put the example below..but i want gross monthly income to be 7500 and

i need help with personal income statement and personal balance sheet

i put the example below..but i want gross monthly income to be 7500 and all other number to be changed.image text in transcribed

image text in transcribed

Erin Glavin Personal Income Statement Month Ended December 31, 20x Revenue: Gross Monthly Salary: $7,000 Federal Income Tax $1,170 FICA Tax 430 Medicare 100 Health Insurance 150 Total Deductions: $1,850 Take Home Salary $5,150 Monthly Expenses: Mortgage Payment $1,200 Utilities 400 Internet/Cell/TV 200 Food 800 Charitable Contributions 500 350 Car Payment Credit Card Payment 300 Entertainment 200 Clothing 200 Pet Expenses 150 250 Household Expenses Gifts 100 Personal Care 200 Miscellaneous Total Expenses 4925 MacBook Pro

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

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

Foreign Corrupt Practices Act Compliance Guidebook Protecting Your Organization From Bribery And Corruption

Foreign Corrupt Practices Act Compliance Guidebook Protecting Your Organization From Bribery And Corruption

Authors: Martin T. Biegelman, Daniel R. Biegelman

1st Edition

0470527935, 978-0470527931

More Books

Students also viewed these Accounting questions

Question

★★★★★
Harold Long started a business in May 20-- called Harolds Home Repair. Long hired a part-time college student as an assistant. Long has decided to use the following accounts for recording...

Answered: 1 week ago

Question

★★★★★
Jay Company has had a defined benefit pension plan for several years. At the beginning of 2016, Jay amended the plan; this amendment provided for increased benefits to employees based on services...

Answered: 1 week ago

Question

★★★★★
=+Suppose that P is a probability measure on a field F, and that A, B E and AC B. Since P(A) + P(B-A)=P(B), P is monotone: (2.5) P(A) P(B) if ACB.

Answered: 1 week ago

Question

★★★★★
Information about the domestic and foreign operations of Radon Inc. is as follows: Required Prepare schedules showing appropriate tests to determine which countries are material using a10 percent...

Answered: 1 week ago

Question

★★★★★
A brand-new amusement park is paying lots of money to advertise itself to local community. And its efforts seem to be paying off! On the 1st day it saw 2,900 visitors. The number of visitors seems to...

Answered: 1 week ago

Question

★★★★★
Calculate the transfer rate ( in gigabytes / sec ) for DDR 4 RAM if the memory clock is 3 0 0 MHz and it transfers simultaneously 8 bytes. Show the result and all the steps.

Answered: 1 week ago

Question

★★★★★
Suppose Coca-Cola and Pepsi-Cola, who do not communicate, are engaged in a sales game and each firm seeks to maximize profit. The firms set high price or low price. If both set high price, each makes...

Answered: 1 week ago

Question

★★★★★
Mal Co currently sells 25 styles of sports watches. The market has remained static with an overall revenue of $50 million. Mal Co is always trying to bring out new designs and colours to try and...

Answered: 1 week ago

Question

★★★★★
Two employees are arguing loudly in the hallway about their working relationship. One accuses the other of setting them up for failure and looking bad in front of their supervisor. Tensions escalate...

Answered: 1 week ago

Question

★★★★★
Pizza Land operates a pizza franchise in LA. The owner has provided the following budgeted data for next year. Revenue $11,838,000 Fixed Costs $3,198,000 Variable Costs (depends on the # of pizzas...

Answered: 1 week ago

Question

★★★★★
An executive coach started working with employees at Agency ???? ???? one month ago, and since then, Agency X ' " id="MathJax-Element-2-Frame" role="presentation" style="font-size: 121%; position:...

Answered: 1 week ago

Question

★★★★★
Compare the difference between job descriptions and job specifications.

Answered: 1 week ago

Question

★★★★★
Understand the process of Run, Hide, Fight during an active shooter situation.

Answered: 1 week ago

Question

★★★★★
Create a workflow analysis.

Answered: 1 week ago

Previous Question Next Question