Description
Open the attachment and complete the budgeting assignment
Please follow all insructions closely
NO PLAGIARIASM AT ALL
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Explanation & Answer
Attached.
Q1&2
Bob and Sally's Monthly Budget
Income
Monthly $
Bob's Salary
$
Sally's Salary
$
Total Income
$
Expenses
Mortgage
$
Transport
$
Clothing
$
Personal Care
$
Student's Loans
$
Leisure
$
Property taxes
$
Miscellaneous
$
Gifts and Donations
$
Car insurance
$
Groceries
$
Car payment
$
Healthcare
$
Household
$
Utilities
$
Vaction
$
House insurance
$
Telecommunications
$
Gym membership
$
Savings (10% of Income)
Total Expenses
Total Income
$
$
Final Budget
$
Total Expenses
Surplus (Deficit)
$
$
Q3.
160.00
6,245.00
6,405.00
1,580.00
288.00
146.00
62.00
544.00
160.00
271.67
188.00
95.00
357.00
584.00
262.00
63.00
169.00
269.00
290.00
426.00
163.50
94.50
640.50
6,653.17
6,405.00
Annual Values
$
76,860.00
6,653.17 $
(248.17) $
79,838.04
(2,978.04)
Adjusted Final Budget
Total Income
$
Add: Salary Increment
$
Adjusted total Income
$
Total Expenses
$
Less: Student's Loan expense $
6,405.00
100.00
6,505.00
6,653.17
544.00
Annual Values
$
76,860.00
$
1,200.00
$
78,060.00
$
79,838.04
$
6,528.00
Adjusted Total Expense
6,109.17
$
$
73,310.04
Surplus (Deficit)
$
395.83
$
4,749.96
STUDENT'S NAME
18th September, 2018.
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