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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 Opening Balances Cash $ Computer $ House $ Mortgage $ Net Worth $ Transactions for the month of June Earned monthly salary of $ Paid $ cash for travel expenses. Purchased an automobile worth $ on account. Paid $ cash for food expenses. Paid $ cash for gas. Do not enter dollar signs or commas in the input boxes. The TAccount fields are labeled by transaction number. Record each transaction by entering the value into the corresponding TAccount field. Required a Complete the Cash TAccount to determine the ending balance of cash. Increase Decrease Cash Opening Balance Answer Answer Transaction # Answer Answer Transaction # Answer Answer Transaction # Answer Answer Transaction # Answer Answer Transaction # 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 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 Net worth $Answer
The following information was taken from the personal records of Brett Barrett on May
Opening Balances
Cash $
Computer $
House $
Mortgage $
Net Worth $
Transactions for the month of June
Earned monthly salary of $
Paid $ cash for travel expenses.
Purchased an automobile worth $ on account.
Paid $ cash for food expenses.
Paid $ cash for gas.
Do not enter dollar signs or commas in the input boxes.
The TAccount fields are labeled by transaction number. Record each transaction by entering the value into the corresponding TAccount field.
Required
a Complete the Cash TAccount to determine the ending balance of cash.
Increase Decrease
Cash
Opening Balance Answer
Answer
Transaction # Answer
Answer
Transaction # Answer
Answer
Transaction # Answer
Answer
Transaction # Answer
Answer
Transaction # 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
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
Net worth $Answer
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