Checking account $250 Savings account $10,000 Cash from graduation gifts $500 Brokerage account $1,000 Monthly salary $6,000 Estimated annual taxes $12,000 Credit card balance (all due this year) $1,500 Credit card minimum payment due $125 Student loan total (due within 7 years) $25,000 Student loan monthly payment $300 Monthly rent (1 year contract required contract) $2,200 Entertainment monthly $300 Monthly internet bill (1 year required contract) $200 Coffee monthly $200 Household items (at market value -- computer, $4,000 furniture, etc.) = Income: $ [Select] - ·Fixed Expenses: $ [Select] - Variable Expenses $ [Select] Total income [Select] 2,175 of $
Checking account $250 Savings account $10,000 Cash from graduation gifts $500 Brokerage account $1,000 Monthly salary $6,000 Estimated annual taxes $12,000 Credit card balance (all due this year) $1,500 Credit card minimum payment due $125 Student loan total (due within 7 years) $25,000 Student loan monthly payment $300 Monthly rent (1 year contract required contract) $2,200 Entertainment monthly $300 Monthly internet bill (1 year required contract) $200 Coffee monthly $200 Household items (at market value -- computer, $4,000 furniture, etc.) = Income: $ [Select] - ·Fixed Expenses: $ [Select] - Variable Expenses $ [Select] Total income [Select] 2,175 of $
Chapter5: Introduction To Business Expenses
Section: Chapter Questions
Problem 61P
Related questions
Question
Transcribed Image Text:Checking account
$250
Savings account
$10,000
Cash from graduation gifts
$500
Brokerage account
$1,000
Monthly salary
$6,000
Estimated annual taxes
$12,000
Credit card balance (all due this year)
$1,500
Credit card minimum payment due
$125
Student loan total (due within 7 years)
$25,000
Student loan monthly payment
$300
Monthly rent (1 year contract required contract) $2,200
Entertainment monthly
$300
Monthly internet bill (1 year required contract)
$200
Coffee monthly
$200
Household items (at market value -- computer,
$4,000
furniture, etc.)
![=
Income: $ [Select]
-
·Fixed Expenses: $ [Select]
- Variable Expenses $ [Select]
Total income [Select]
2,175
of $](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F54770301-13b3-4265-bde1-ead84da14ebb%2Ffbec2524-f81d-4edd-b1da-6374e0115503%2F8qlr79i_processed.png&w=3840&q=75)
Transcribed Image Text:=
Income: $ [Select]
-
·Fixed Expenses: $ [Select]
- Variable Expenses $ [Select]
Total income [Select]
2,175
of $
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