The following items may or may not appear on a personal cash-flow statement. Check "Cash In" or "Cash Out" accordingly if the item would appear on a personal cash-flow statement. If neither applies, leave both checkboxes empty Cash Cash Out Wages Clothing purchases Capital gains tax Federal tax refund Company-paid business entertainment Sales commission Basic cable TV fee (no upgrades) Rental income Internet access fees Cash in less cash out results in a cash value. If this cash value is positive, it indicates that the individual or family has a cash Expenses are categorized as fixed or variable depending on their nature. Categorize each of the following expenses as fixed or variable Fixed Variable expenses are expenses that Basic cable TV fee (no upgrades) Clothing purchases Capital gains tax Internet access fees change from period to period The surplus (deficit) section of the cash-flow statement shows whether you added to your bank balance with a surplus or lowered your cash balance (or needed to borrow from savings) because of a deficit. Complete the surplus (deficit) formula that follows by selecting the correct term for each piece of the equation Surplus (Deficit) (Change in your cash balance) (Cash in) (Cash out)