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to prepare a income statement (monthly expenses), can put whatever amount just for fill up and playing around with the amounts A. Worksheet 5 -
to prepare a income statement (monthly expenses), can put whatever amount just for fill up and playing around with the amounts
A. Worksheet 5 - Simplified Income Statement Worksheet Your Take-Home Pay Total Income A Total Income Taxes B. After-Tax Income Available for Living Expenditures or Take-Home Pay (line A minus line B) = C B. C. D + D. + E. E. F + F G. + G H. + H Your Living Expenses Total Housing Expenditures Total Food Expenditures Total Clothing and Personal Care Expenditures Total Transportation Expenditures Total Recreation Expenditures Total Medical Expenditures Total Insurance Expenditures Total Other Expenditures Total Living Expenditures (add lines D through K) Income Available for Savings and Investment (line C minus line L) 1. + 1. J. + J. + K. K L. = L. 0 M. = M. 0 Step by Step Solution
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