Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. here is a portion of chuck schwartz's budget recor

Here is a portion of Chuck Schwartz's budget record for a recent month. Fill in the...

Free

90.2K

Verified Solution

Question

Finance

Here is a portion of Chuck Schwartz's budget record for a recentmonth. Fill in the blanks in columns 5 and 6. Use minus sign toenter negative numbers. If an amount is zero, enter "0".

MonthlyCumulative
AmountAmountBeginningSurplusSurplus
ItemBudgetedSpentBalance(Deficit)(Deficit)
(1)(2)(3)(4)(5)(6)
Rent$600   $610   $10   $  $  
Utilities160   176   -10       
Food600   595   -2       
Auto60   2   -5       
Recreation and entertainment90   90   15       

Answer & Explanation Solved by verified expert
3.8 Ratings (649 Votes)

Monthly Cumulative
Amount Amount Beginning Surplus Surplus
Item Budgeted Spent Balance (Deficit) (Deficit)
[1] [2] [3] [4] [5] [6]
Rent $     600.00 $      610.00 $    10.00 $   -10.00 $             -  
Utilities $     160.00 $      176.00 $   -10.00 $   -16.00 $       -26.00
Food $     600.00 $      595.00 $     -2.00 $     5.00 $          3.00
Auto $       60.00 $          2.00 $     -5.00 $    58.00 $        53.00
Recreation and entertainment $       90.00 $        90.00 $    15.00 $         -   $        15.00

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

Here is a portion of Chuck Schwartz's budget record for a recentmonth. Fill in the blanks in columns 5 and 6. Use minus sign toenter negative numbers. If an amount is zero, enter "0".MonthlyCumulativeAmountAmountBeginningSurplusSurplusItemBudgetedSpentBalance(Deficit)(Deficit)(1)(2)(3)(4)(5)(6)Rent$600   $610   $10   $  $  Utilities160   176   -10       Food600   595   -2       Auto60   2   -5       Recreation and entertainment90   90   15       

Other questions asked by students

Q

6. Solving for the WACC The WACC is used as the discount rate to evaluate various capital...

Finance
Q

Define each and provide an example. -1 Convenience Sample -2 Cross-sectional research design -3 Research Ethics -4 Randomization “...

Basic Math
Q

a pair of dice are rolled and if the sum is a 5, Derek gets...

Basic Math
Q

Find the domain of the function Enter your answer using interval notation g x 4...

Calculus
Q

Find the area of the parallelogram ABCD 6 cm A D 5 cm 12 cm...

Algebra
Q

Prepare Journal entries to record the following merchandising transactions of Cabela's, which uses the perpetual...

Accounting
Q

What are the two common stock ratios? The two common stock ratios are the priceearning...

Accounting
Q

need assistance The Common Stock account for Baltimore Corporation on...

Accounting
Q

Suppose Southeast Mutual Bank, Walls Fergo Bank, and PJMorton Bank all have zero excess reserves....

Accounting
Q

What are the 5 characteristics of an Active Listener

Accounting
Q

Required: a) Prepare manufacturing account for the year ended 31 December 2022. (10 marks) (CLO2:PLO4:C3)...

Accounting
Q

Equivalent Units of ProductionData for the two departments of Kimble & Pierce Company for June...

Accounting