Use the following scenario cards to fill out the Monthly Cash Flow Statement worksheet. You receive...
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Use the following scenario cards to fill out the Monthly Cash Flow Statement worksheet. You receive your You pay a $150 car payment. You pay rent of $450 per month. You pay your medical insurance monthly gross salary of $2,000. of $75 a month. You pay your Your monthly You pay your car insurance of $50. You pay for monthly groceries $200. renter's insurance utilities are due. of $20. You owe $125. Taxes come out Your monthly bill for gasoline comes in and you It's your mother's birthday. You purchase a $50 of your paycheck.You go to a movie Federal Tax $150 State Tax $50 with a friend that costs $10. must pay $75. present. Social Security $150 You find the You hit a pothole You go out to You put $100 into savings for a perfect outfit for and have a flat dinner with your date this weekend. You tire. You must pay vacation at the friends. Your bill is $75 for a new beach. $25. pay $100 for the one. outfit. MONTHLY CASH FLOW STATEMENT WORKSHEET Complete this worksheet with the information from the green scenario cards. Income Gross salary Total Income Expenditures Fixed Expenses Rent Renter's insurance Automobile loan payment Automobile insurance Medical insurance Revolving savings fund Federal income tax State income tax Social Security tax Total Fixed Expenses Variable Expenses Food Utilities Gasoline and maintenance Clothing and personal upkeep Gifts Miscellaneous Total Variable Expenses Total Expenses SURPLUS (DEFICIT) Use the following scenario cards to fill out the Monthly Cash Flow Statement worksheet. You receive your You pay a $150 car payment. You pay rent of $450 per month. You pay your medical insurance monthly gross salary of $2,000. of $75 a month. You pay your Your monthly You pay your car insurance of $50. You pay for monthly groceries $200. renter's insurance utilities are due. of $20. You owe $125. Taxes come out Your monthly bill for gasoline comes in and you It's your mother's birthday. You purchase a $50 of your paycheck.You go to a movie Federal Tax $150 State Tax $50 with a friend that costs $10. must pay $75. present. Social Security $150 You find the You hit a pothole You go out to You put $100 into savings for a perfect outfit for and have a flat dinner with your date this weekend. You tire. You must pay vacation at the friends. Your bill is $75 for a new beach. $25. pay $100 for the one. outfit. MONTHLY CASH FLOW STATEMENT WORKSHEET Complete this worksheet with the information from the green scenario cards. Income Gross salary Total Income Expenditures Fixed Expenses Rent Renter's insurance Automobile loan payment Automobile insurance Medical insurance Revolving savings fund Federal income tax State income tax Social Security tax Total Fixed Expenses Variable Expenses Food Utilities Gasoline and maintenance Clothing and personal upkeep Gifts Miscellaneous Total Variable Expenses Total Expenses SURPLUS (DEFICIT)
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Related Book For
Accounting Principles
ISBN: 9780470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Posted Date:
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