Claire S Income And Expense Statement Pdf
Information to help claire create an income and expense statement for the month.
Claire s income and expense statement pdf. She wants to make sure that she can afford this monthly loan payment so she is creating an. Keep in mind that an income statement is only part of a company s financial statement. Her august paycheck stub indicated that she pays 800 00 in federal income taxes 230 64 in social security. Total selling expenses 453 028 chapter 4 income statement and related information 4 5 illustration 4 3 condensed income statement boc hong company income statement for the year ended december 31 2011 net sales 2 972 413 cost of goods sold 1 982 541 gross profit 989 872.
She is paid 4 000 00 per month before deductions. 2 28 2013 8 57 38 am. Page 21 2 2 4 a3 claire s income and expense statement name jaks a date 2 21 17 class 1st period claire is applying for a loan to purchase a pre owned car. 5 easy steps to create impressive church income and expense statement step 1.
Calculate the difference between income and expense. Finally in the income statement calculate the difference between the total income and the. Mary kay scholl created date. Claire was lucky to land her dream job several years ago.
Income and expense statement forms are forms which are utilized for those who need to see. Claire s income and expense statement pay yourself first income 4000 00 per month contribution to savings 730 00 entertainment movies books ect 90 00 housing mortgage 800 00 untilities 150 00 household maintenance 50 00 household supplies 20 00 shawn welfield. After examining her income and expense statement if you were claire s financial advisor what is one change you would recommend claire make to her financial decisions. It is also known as profit and loss account revenue statements earning statements and operating statements.
Free 7 sample expense statement forms in pdf ms word. She wants to make sure that she can afford this monthly loan payment so she is creating an income and expense statement to summarize her financial transactions for a. Do you think claire missed any expenses that should be recorded on her income and expense statement in the future. For making a statement of income and expenses.
These are especially useful when people are trying to make statements on how their expenses are directly affecting their finances. Use the income statement template to describe the text description on the left and columns containing figures on the right. She is told that the monthly payment for the loan would be 200. Statements are an official account of facts views or plans.
Microsoft word income and expense statement lesson plan 1 15 5 author. She is told that the monthly payment for the loan would be 200.