Ross and Cindy Adams are about to construct their income and expense statement for the year ending December 31, 2015. They have put together the following income and expense information for 2015:

  

      

  

      

  

Using the information provided, prepare an income and expense statement for the Adamses for the year ending December 31, 2015 (follow the form shown in Worksheet 2.2).

  

      

 

Transcribed Image Text:

Cindy's salary $47,000 Reimbursement for travel expenses 1,950 Interest on: Savings account 110 Bonds of Gamma Corporation 70 Groceries 4,150 Rent 9,600 Litilities 960 Gas and auto expenses 650 Ross's tuition, books, and supplies 3,300 Cindy's salary $47,000 Reimbursement for travel expenses 1,950 Interest on: Savings account 110 Bonds of Gamma Corporation 70 Groceries 4,150 Rent 9,600 Litilities 960 Gas and auto expenses 650 Ross's tuition, books, and supplies 3,300

Answer rating: 100% (QA)

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