Once Sharon lends some clarity on Alana's pay, she feels slightly better, but she's still really worried about her initial problem:
"This is going to be extremely difficult for me to cut anything. I mean, I'm working hard, and think I deserve to enjoy the money that I earn. To save that $3,000 for college, I basically need to work an extra 25 hours per month. It's my senior year of high school! I need to focus on my grades and apply to college. I am so confused!"
Sharon thinks back to where their conversation started last month and how lost Alana seemed. She hoped that having Alana prioritize her goals and review her spending would help her gain some necessary perspective, but Sharon realizes Alana is at a dead-end, so her next idea is to outline a few options for Alana so she can choose a solution that will work best for her.
Answer This:
What 2-3 options would you outline for Alana to help her achieve her goals?Be ready to discuss with her the pros/cons of working more versus finding other ways to adjust her budget. Be specific with your recommendations, highlighting specific costs or income sources.
Alana needs to carve out a specific monthly budget for herself and keep to it. She could make use of the envelope method to do so. She has to work enough to earn at least $600 in one month, which would take care of her expenses (rent, food, transport etc) that come out to be $524.
Chapter 2 Work Calculator Click to watch the Tell Me More Learning Objective 4 video and then answer the questions below. 1. All of the following accounts have normal debit balances EXCEPT a. Cash. b. Wages Expense. c. Common Stock. d. Accounts Receivable. 2. All of the following accounts have normal credit balances EXCEPT a. Cash. b. Accounts Payable. c. Retained Earnings. d. Wages Payable. 3. Which of the following steps would be done last when preparing a trial balance? a. List the name of the company, the title of the trial balance, and the date the trial balance is prepared. b. List the accounts from the ledger, and enter their debit or credit balance in the Debit or Credit column of the trial balance. c. Verify that the total of the Debit column equals the total of the Credit column. d. Total the Debit and Credit columns of the trial balance. Check My Work 3 more Check My Work uses remaining.QUESTION 5 The value added for Cookieinc is: $15,000 $25,000 $30,000 $35,000 QUESTION 6 The GDP for this economy is: C$70,000 $85,000 $100,000 C$115,000 QUESTION 7 The government expenditure in this economy is: $12,000 C $5,000 C $3,000 C $0 QUESTION 8Homework ACCOUNTING instructions | help Question 2 (of 5) > Save & Exit Submit [The following information applies to the questions displayed below.] The following is a list of accounts and amounts for Rollcom, Inc., for the fiscal year ended September 30 2015. The accounts have normal debit or credit balances. Accounts Payable $ 39,800 Accounts Receivable 67,200 Accumulated Depreciation-Equipment 22,200 Cash 81,000 Common Stock 95,500 Equipment 91,400 Income Tax Expense 10,570 Notes Payable (long-term) 1,570 Office Expense 6,370 Rent Expense 164,900 Retained Earnings 99,830 Salaries and Wages Expense 129,400 Sales Revenue 327,840 35,900 Suppliesirements Journalize the transactions. Explanations are not required. How much paid-in capital did these transactions generate for Stanley Systems? . 11: Received equipment with a market value of $75,000 in exchange for 11,000 shares of the $3 par value common sto Date Accounts Debit Credit un. 11 Requirement 2. How much paid-in capital did these transactions generate for Stanley Systems? Total paid-in capital generated from these transactions amounts to $ Choose from any list or enter any number in the input fields and then continue to the next question.Newborn Toys prepaid three years' rent ($31,500) on January 1, 2018. At December 31, 2018, Newborn prepared a trial balance and then made the necessary adjusting entry at the end of the year. Newborn adjusts its accounts once each year-on December 31. Read the requirements. What amount appears for Prepaid Rent on Newborn's unadjusted trial balance at December 31, 2018? What amount appears for Prepaid Rent on Newborn's adjusted trial balance at December 31, 2018? (Enter a "0" for any zero balances.) Prepaid Rent i Requirements X Balance a. Unadjusted trial balance at December 31, 2018 b. Adjusted trial balance at December 31, 2018 What amount appears for Prepaid Rent on a. Newborn's unadjusted trial balance at December 31, 2018? b. Newborn's adjusted trial balance at December 31, 2018? What amount appears for Rent Expense on a. Newborn's unadjusted trial balance at December 31, 2018? b. Newborn's adjusted trial balance at December 31, 2018? Print Done
