Answered step by step
Verified Expert Solution
Question
1 Approved Answer
no data was given and the pictures are clear. 1. Develop a 1-month personal budget using the monthly budget worksheet in the attached. 2. complete
no data was given and the pictures are clear.
W X Y Z AA 1 2 AANVAARDORTEMOS 4 192 Feh May M 7 5 5 5 $ 5 5 S - Boran 1 w E 1 5 1 . 24 5 $ 5 CONS . 3 5 3 5 13 $ 3 3 . 1 1 -2 3 A. $ 1 > 1 1 3 5 1 CANSORSORDERS $ 3 3 GIMULATOR ROBOT $ $ $ 2 -> 24 15 15 17 3 $ & $ 1 5 . 1 Mont Budget Income Expo D 1 2 3 Name(s) For the INCOME AND EXPENSE STATEMENT Month Ended January 31, 2022 $ Name: Name: Name Income 8 Wages and salaries 9 10 11 Self-employment income 12 Bonuses and commissions 13 Investment income 14 15- 16 17 18 Pensions and annuities 19 Other Income Interest received Dividends received Rents received Sale of securities Other 0) Total Income S RN 20 21 Expenses 22 Housing 23 24 25 Utilities 26 27 28 Food 29 30 Transportation 31 32 33 Medical 34 35 36 Clothing 37 Insurance 38 39 40 Taxes 41 42 Appliances, furniture, and other 43 major purchases 44 Personal care Rent/mortgage payment (include insurance and taxes, if applicable) Repairs, maintenance, improvements Gas, electric, water Phone Cable TV and other Groceries Dining out Auto loan payments License plates, fees, etc. Gas, oil, repairs, tires, maintenance Health, major medical, disability insurance (payroll deductions or not provided by employer) Doctor, dentist, hospital, medicines Clothes, Shoes, and accessories Homeowner's Of not covered by mortgage payment) Life (not provided by employer) Auto Income and social security Property (if not included in mortgage) Loan payments Purchases and repairs Laundry.cosmetice bar care Monthly Budget Income & Expense Balance Sheet Ready AutoSave Ort Assignm Home Insert Draw Page Layout Formulas Data Review View Tell me abo Spelling Thesaurus Workbook Statistics Check Accessibility a Translate Smart Lookup New Comment Delete Previous Next Cominent Comment cc H19 ex fx 35 36 Clothing 37 Insurance 28 39 40 Taxes 41 42 Appliances, furniture, and other 43 major purchases 44 Personal care 45 Recreation and entertainment 46 47 Other items 48 B C D Doctor dentist, hospital, Medicines Clothes, Shoes, and accessories Homeowner's (if not covered by mortgage payment) Life Inot provided by employer) Auto Income and social security Property of not included in mortgagel Loan payments Purchases and repairs Laundry, cosmetics, hair care Vacations Other recreation and entertainment 49 SO 51 01) Total Expenses 5 CASH SURPLUS (OR DEFICIT 10S 52 53 54 55 56 57 58 59 50 61 62 63 64 65 66 67 68 69 90 71 72 73 74 75 76 77 214 2x fx c D G 1 BALANCE SHEET 2 Names Date April 22, 2022 5 LIABILITIES ASSETS 6 Liquid Assets Current Liabilities 7 Cash on hand $ Utilities S # In checking Rent Saving accounts Insurance premium 10 Money market Taxes 11 funds and deposits Medical/dental bills Certificates of deposit Repair bills 12 dyr. to maturity 1 Total Liquid Assets $ Bank credit card balances Dept.store credit card 14 Investments balances 15 Stocks $ Travel and entertainment 16 card balances 17 Bonds Gas and other credit card 18 balances 19 Certificates of deposit Bank line of credit 20 Dyto maturity balances 21 Mutual funds Other current liabilities 22 23 Real estate Total Current Liabilities 24 Retirement funds, IRA Long-Term Liabilities 25 Other Primary residence $ 26 Total investments mortgage 27 Real Property Second home mortgage 28 Primary residence $ Real estate investment 29 Second home mortate 30 Other Autoloans 31 Total Real Property Appliance/urniture loans 32 Personal Property Home improvement loans 33 Auto 5 Single payment loans 34 Auto Education loans 35 Recreational vehicles 36 Household furnishing Margin loans 37 Jewelry and artwork Other long term loans 38 Other Total Long Term Liabilities 5 39 Other 0) Total Liabilities $ Total Personal Property $ 40 Net Worth - 5 41 12 DiTotal Assets Total Liabilities and Net Worth $ Monthly Budget Income & Expense Balance Sheet Ready NEBO esc B ankline of credit balances Other current billies S 5 10 ply to maturity 11 Mutual Minds 22 23 Real estate 24 Retirement and RA 25 Other 26 Total westments 27 Real Property 28 Primary residence 29 Second home 10 Other 31 Total Real Property 32 Personal Property 1 Auto 34 Auto 35 Recreational vehides 36 Haushald furnishing 37 Jewelry and artwork 38 Other 39 Other Total Personal Property 40 41 42 Total Current Liabilities Long-Term Liabilities Primary residence ortgage Second home morte Real estate investment mortage Auto loans Appliance furniture loans Home improvement loans single payment and Education loans S Marin loans Other long term loans Total Long-Term Liabilities $ 5 Total abilities S Net Worth 10-S Total Anet Total abilities and Net Worth 44 45 46 AT 49 50 51 52 33 35 36 57 Monthly Budget Income & Expense Balance Sheet Ready + MacBook Pro esc LD 2 $ 1 @ 2 w # 3 4 % 5 un 6 Q W tab E R T AN D B E F G 1 1 K L H M 7 NA A N P R 0 5 v W T n Z I 4 Forte Marth INCOM Feb Mar Art De July Total for the M w ME O Se AN $ $ $ $ 5 $ 5 $ 5 3 9 te 10 Seco 5 PEIT 1 1 . 1 1 . . 3 cm 1 5 1 5 5 5 5 $ . $ . 12mm 1) Otherine 14 15 16 17 Uhr 18 fedham 19 20 W 21 One 22 1 . . . Net A few 24 h 25 26 en 27 78 29 TO . . DE 1 . . # 1 . 18 32 CAR O DOM - . CUTIVE CAR NURRUS FOR DIOR VE 1 1 . the hot Text W X Y Z AA 1 2 AANVAARDORTEMOS 4 192 Feh May M 7 5 5 5 $ 5 5 S - Boran 1 w E 1 5 1 . 24 5 $ 5 CONS . 3 5 3 5 13 $ 3 3 . 1 1 -2 3 A. $ 1 > 1 1 3 5 1 CANSORSORDERS $ 3 3 GIMULATOR ROBOT $ $ $ 2 -> 24 15 15 17 3 $ & $ 1 5 . 1 Mont Budget Income Expo D 1 2 3 Name(s) For the INCOME AND EXPENSE STATEMENT Month Ended January 31, 2022 $ Name: Name: Name Income 8 Wages and salaries 9 10 11 Self-employment income 12 Bonuses and commissions 13 Investment income 14 15- 16 17 18 Pensions and annuities 19 Other Income Interest received Dividends received Rents received Sale of securities Other 0) Total Income S RN 20 21 Expenses 22 Housing 23 24 25 Utilities 26 27 28 Food 29 30 Transportation 31 32 33 Medical 34 35 36 Clothing 37 Insurance 38 39 40 Taxes 41 42 Appliances, furniture, and other 43 major purchases 44 Personal care Rent/mortgage payment (include insurance and taxes, if applicable) Repairs, maintenance, improvements Gas, electric, water Phone Cable TV and other Groceries Dining out Auto loan payments License plates, fees, etc. Gas, oil, repairs, tires, maintenance Health, major medical, disability insurance (payroll deductions or not provided by employer) Doctor, dentist, hospital, medicines Clothes, Shoes, and accessories Homeowner's Of not covered by mortgage payment) Life (not provided by employer) Auto Income and social security Property (if not included in mortgage) Loan payments Purchases and repairs Laundry.cosmetice bar care Monthly Budget Income & Expense Balance Sheet Ready AutoSave Ort Assignm Home Insert Draw Page Layout Formulas Data Review View Tell me abo Spelling Thesaurus Workbook Statistics Check Accessibility a Translate Smart Lookup New Comment Delete Previous Next Cominent Comment cc H19 ex fx 35 36 Clothing 37 Insurance 28 39 40 Taxes 41 42 Appliances, furniture, and other 43 major purchases 44 Personal care 45 Recreation and entertainment 46 47 Other items 48 B C D Doctor dentist, hospital, Medicines Clothes, Shoes, and accessories Homeowner's (if not covered by mortgage payment) Life Inot provided by employer) Auto Income and social security Property of not included in mortgagel Loan payments Purchases and repairs Laundry, cosmetics, hair care Vacations Other recreation and entertainment 49 SO 51 01) Total Expenses 5 CASH SURPLUS (OR DEFICIT 10S 52 53 54 55 56 57 58 59 50 61 62 63 64 65 66 67 68 69 90 71 72 73 74 75 76 77 214 2x fx c D G 1 BALANCE SHEET 2 Names Date April 22, 2022 5 LIABILITIES ASSETS 6 Liquid Assets Current Liabilities 7 Cash on hand $ Utilities S # In checking Rent Saving accounts Insurance premium 10 Money market Taxes 11 funds and deposits Medical/dental bills Certificates of deposit Repair bills 12 dyr. to maturity 1 Total Liquid Assets $ Bank credit card balances Dept.store credit card 14 Investments balances 15 Stocks $ Travel and entertainment 16 card balances 17 Bonds Gas and other credit card 18 balances 19 Certificates of deposit Bank line of credit 20 Dyto maturity balances 21 Mutual funds Other current liabilities 22 23 Real estate Total Current Liabilities 24 Retirement funds, IRA Long-Term Liabilities 25 Other Primary residence $ 26 Total investments mortgage 27 Real Property Second home mortgage 28 Primary residence $ Real estate investment 29 Second home mortate 30 Other Autoloans 31 Total Real Property Appliance/urniture loans 32 Personal Property Home improvement loans 33 Auto 5 Single payment loans 34 Auto Education loans 35 Recreational vehicles 36 Household furnishing Margin loans 37 Jewelry and artwork Other long term loans 38 Other Total Long Term Liabilities 5 39 Other 0) Total Liabilities $ Total Personal Property $ 40 Net Worth - 5 41 12 DiTotal Assets Total Liabilities and Net Worth $ Monthly Budget Income & Expense Balance Sheet Ready NEBO esc B ankline of credit balances Other current billies S 5 10 ply to maturity 11 Mutual Minds 22 23 Real estate 24 Retirement and RA 25 Other 26 Total westments 27 Real Property 28 Primary residence 29 Second home 10 Other 31 Total Real Property 32 Personal Property 1 Auto 34 Auto 35 Recreational vehides 36 Haushald furnishing 37 Jewelry and artwork 38 Other 39 Other Total Personal Property 40 41 42 Total Current Liabilities Long-Term Liabilities Primary residence ortgage Second home morte Real estate investment mortage Auto loans Appliance furniture loans Home improvement loans single payment and Education loans S Marin loans Other long term loans Total Long-Term Liabilities $ 5 Total abilities S Net Worth 10-S Total Anet Total abilities and Net Worth 44 45 46 AT 49 50 51 52 33 35 36 57 Monthly Budget Income & Expense Balance Sheet Ready + MacBook Pro esc LD 2 $ 1 @ 2 w # 3 4 % 5 un 6 Q W tab E R T AN D B E F G 1 1 K L H M 7 NA A N P R 0 5 v W T n Z I 4 Forte Marth INCOM Feb Mar Art De July Total for the M w ME O Se AN $ $ $ $ 5 $ 5 $ 5 3 9 te 10 Seco 5 PEIT 1 1 . 1 1 . . 3 cm 1 5 1 5 5 5 5 $ . $ . 12mm 1) Otherine 14 15 16 17 Uhr 18 fedham 19 20 W 21 One 22 1 . . . Net A few 24 h 25 26 en 27 78 29 TO . . DE 1 . . # 1 . 18 32 CAR O DOM - . CUTIVE CAR NURRUS FOR DIOR VE 1 1 . the hot Text 1. Develop a 1-month personal budget using the monthly budget worksheet in the attached.
2. complete the income and expense statement using your monthly budget
3. complete the balance sheet
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started