Question
please use attached case study and complete below for an income and expense statement: INCOME AND EXPENSE STATEMENT EXPENSES AMOUNT Fixed Rent/Mortgage Savings/Investment Revolving Savings
please use attached case study and complete below for an income and expense statement:
INCOME AND EXPENSE STATEMENT
EXPENSES | AMOUNT |
Fixed |
|
Rent/Mortgage |
|
Savings/Investment |
|
Revolving Savings |
|
Loan Payment |
|
Loan Payment |
|
Other |
|
Other |
|
Other |
|
Sub-total |
|
|
|
Variable |
|
Utilities |
|
Phone/Cell |
|
Cable |
|
Groceries |
|
Eating Out |
|
Gasoline |
|
Household |
|
Personal Care |
|
Clothing |
|
Laundry/Dry Clean. |
|
Doctor Payments |
|
Prescriptions |
|
Personal Allowance |
|
Entertainment |
|
Contributions |
|
Miscellaneous |
|
Other |
|
Other |
|
Other |
|
Sub-Total |
|
EXPENSE TOTAL |
|
INCOME | AMOUNT |
Salary (take home) |
|
|
|
|
|
|
|
Bonuses, tips, etc. |
|
Interest and Dividends |
|
Other |
|
Other |
|
Other |
|
TOTAL INCOME |
|
Total Income | $ |
Total Expenses | - $ |
NET GAIN/LOSS | = $ |
Date Expense My Categories Income $1598.00 1 1. 2 2 + + + + + 2 3. 2 $993.00 $348.00 $200.00 $60.00 $75.00 4. 3 5. + 3 6. + 5 $800.00 7. + S City 8 + 5 9. + 5 10. + 6 $59.00 $106.00 $261.00 $27.00 $112.00 $40.00 $33.00 + 9 + 9 + 11 + 15 $1602.00 Category Description Salary DJ's Check Mortgage Loan Car Payment Retirement Connie's IRA Dance Lessons School Lunch Salary Connie's Check Utilities Utilities Electric Groceries Gasoline Groceries Entertainment Movie Gasoline Salary DJ's Check Contributions Boy Scouts of America Savings Loan Credit Card Loan Student Eating Out Arby's Utilities Natural Gas Clothing Children/DJ Groceries Gasoline Entertainment Bowling Utilities Cell Phone/Cable Groceries Eating Out Chipotles Household Expes Prescriptions + 15 + 15 + 15 + 15 + 15 15 16 + + + + 19 $25.00 $225.00 $30.00 $133.00 $17.00 $88.00 $100.00 $106.00 $70.00 $40.00 $165.00 $51.00 $43.00 $70.00 $35.00 19 21 26 29 + + + + + + 29 29 29
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