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please include cell references 2. (20) Henry has been an accountant for 2 years. He is single and has a salary of $50,000. He invests
please include cell references
2. (20") Henry has been an accountant for 2 years. He is single and has a salary of $50,000. He invests $500 each month to mutual fund. Using the following information, construct a balance sheet and a cash-flow statement for Henry Assets Amount Retirement Accounts $10,000 Savings Account $8,000 Mutual Fund $6,000 Checking Account $5,000 Personal Property $8,000 Automobile $15,000 Liabilities Student loan Visa Outstanding Balance $12,000 $1,200 Amount Annual Fixed Expenses Auto insurance Rent Utilities Phone Internet Food $600 $11,000 $2,400 $360 $600 $4,000 1 Annual Variable Expenses Dry cleaning Personal care Gas, maintenance, license Clothes Entertainment Vacations/visitation/travel $200 $500 $3,000 $800 $3,000 $2,000 $200 $500 $5,800 $3,750 $2,440 Gifts Miscellaneous Federal income tax Social Security taxes Health Insurance 2. (20") Henry has been an accountant for 2 years. He is single and has a salary of $50,000. He invests $500 each month to mutual fund. Using the following information, construct a balance sheet and a cash-flow statement for Henry Assets Amount Retirement Accounts $10,000 Savings Account $8,000 Mutual Fund $6,000 Checking Account $5,000 Personal Property $8,000 Automobile $15,000 Liabilities Student loan Visa Outstanding Balance $12,000 $1,200 Amount Annual Fixed Expenses Auto insurance Rent Utilities Phone Internet Food $600 $11,000 $2,400 $360 $600 $4,000 1 Annual Variable Expenses Dry cleaning Personal care Gas, maintenance, license Clothes Entertainment Vacations/visitation/travel $200 $500 $3,000 $800 $3,000 $2,000 $200 $500 $5,800 $3,750 $2,440 Gifts Miscellaneous Federal income tax Social Security taxes Health Insurance Step by Step Solution
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