Question 8

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Tara Kings is a working at a law firm. Her salary recently increased and she would like to keep track of her net worth. Tara has gathered the following information. Assume her net worth at the beginning of July (opening net worth) $380.

July 31, 2021August 31, 2021September 30, 2021Cash$7,590$13,090$19,090Automobile$13,000$13,000$13,000Credit Card Bills$1,250$1,050$750Automobile Loan$12,000$11,500$11,000Salary$8,900$9,300$9,300Food Expense$1,080$2,120$1,620Entertainment Expense$130$250$150Rent Expense$730$730$730 Do not enter dollar signs or commas in the input boxes. Use the negative sign for a deficit.

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Complete the table below.

July 31, 2021August 31, 2021September 30, 2021Opening Net WorthAnswer

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Surplus (Deficit)Answer

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Closing Net WorthAnswer

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