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The following information was taken from the personal records of Brett Barrett on May 3 1 , 2 0 1 9 . Opening Balances Cash

The following information was taken from the personal records of Brett Barrett on May 31,2019.
Opening Balances
Cash $2,900
Computer $1,400
House $174,600
Mortgage $78,400
Net Worth $100,500
Transactions for the month of June 2019.
1) Earned monthly salary of $4,900.
2) Paid $930 cash for travel expenses.
3) Purchased an automobile worth $10,690 on account.
4) Paid $870 cash for food expenses.
5) Paid $330 cash for gas.
Do not enter dollar signs or commas in the input boxes.
The T-Account fields are labeled by transaction number. Record each transaction by entering the value into the corresponding T-Account field.
Required
a) Complete the Cash T-Account to determine the ending balance of cash.
Increase Decrease
Cash
Opening Balance Answer
Answer
Transaction #1 Answer
Answer
Transaction #2 Answer
Answer
Transaction #3 Answer
Answer
Transaction #4 Answer
Answer
Transaction #5 Answer
Answer
Ending Balance Answer
Answer
b) Complete the personal income statement to determine the surplus or deficit for the period.
Personal Income Statement
For the Month Ended June 30,2019
Revenue Answer
Expenses
Food Expense Answer
Gas Expense Answer
Travel Expenses Answer
Total Expenses Answer
Surplus (Deficit) Answer
c) What is Brett Barretts net worth on June 30?
Net worth = $Answer

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