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Personal Budget At the beginning of the 2014 school year, Britney Logan decided to prepare a cash budget for the months of September, October, November,
Personal Budget At the beginning of the 2014 school year, Britney Logan decided to prepare a cash budget for the months of September, October, November, and December. The budget must plan for enough cash on December 31 to pay the spring semester tuition, which is the same as the fall tuition. The following information relates to the budget: Cash balance, September 1 (from a summer job) $8,280 Purchase season football tickets in September 110 Additional e ntertainment for each month 290 Pay fall semester tuition in September 4,500 Pay rent at the beginning of each month 400 Pay for food each month 2300 Pay apartment deposit on September 2 (to be returned December 15) 6000 Part-time job earnings each month (net of taxes) 1,030
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