Answer the given question based on the Personal Cash Budget below.

QUESTION AND CREATIVE WRITTEN OUTPUT: 1. Based from the situation given, what are the items included in the preparation of Personal Cash Budget? Support your answer by preparing a well-presented and complete one. 2. Is it proper to have a zero or deficit result of the budget you're going to prepare? Why or why not? SAMPLE PROMPTS/OUTLINE 1. The items included in the preparation of personal cash budget are . . . 2. It is properot proper (choose) to have a zero or deficit result of. . .INCOME WEEK 1 WEEK 2 WEEK 3 WEEK 4 Opening Php Php Php balance 4,095.00 4,470.00 4,885.00 Allowances from Php Php Php Php Parents 1,000.00 1,000.00 1,000.00 1,000.00 Scholarship Php 2,000.00 Cash Gifts Php 2,000.00 Total Income Php Php Php Php 5,000.00 5,095.00 5,470.00 5,885.00 EXPENSES: Food Expenses: Groceries Php Php Php Php 100.00 80.00 60.00 90.00 Restaurant Php Php Php Meals 120.00 120 00 120.00 Other: Php Php Php 50.00 10.00 10.00 Personal Expenses: Personal Care Php Php Php Php 70.00 50.00 50.00 60.00 Hair / Nail Care Php Php Php Php 40.00 40.00 40.00 40.00 Clothing / Shoes Php 200.00 Doctors, Php Php Php Php Dentists, etc. 100.00 100.00 100.00 100.00 Prescriptions Php Php Php Php 50.00 50.00 50.00 50.00 Laundry / Dry Php Php Php Php Clean 40.00 40.00 40.00 40.00 Recreation / Php Php Php Php Travel 80.00 80.00 80.00 80.00 Transportation: Gas/Auto Php Php Php Expenses 20.00 20.00 20.00 Bus, Taxi, Train, Php Php Php Php etc 35.00 35.00 35.00 35.00 Total Php Php Php Php Expenses: 905.00 625.00 585.00 515.00 TOTAL INCOME Php Php Php Php MINUS TOTAL 4,095.00 4,470.00 4,885.00 5,370.00 EXPENSES