Practice Total Projected Income
Please prepare a Projected Income and Expense Statement for the months of August of 2023 as well as September and October of 2023. Your Projected Income & Expense Statement should include the following:
Projected Income for August 2023
Projected Income for September 2023
Projected Income for October 2023
Projected Expenses for August 2023
Projected Expenses for September 2023
Projected Expenses for October 2023
Income should consist of money received from employment, birthdays, graduation gifts, loans, scholarships, stimulus, unemployment, etc. The next task is for you to project your expenses over the next three months as well. This should be fairly easy as you have been keeping track of your expenditures over the past few months. After you have done this, you should either show a net worth or deficit. This assignment should be submitted on an excel spreadsheet or better yet, if you have a program that you are familiar with that track’s income and expenses, you are welcome to use it. For a more accurate illustration of what the 100 points will consist of see below:
Summary – 33 (11 Points for each month’s summary) – Summaries for each month will consist of an explanation of your income and expense, particularly those expenses that represent a huge amount. You should have a clear idea of what they will be as we have been tracking expenses all semester.
Format – 33 (11 Points for each month’s format) – The document should be submitted in an excel spreadsheet or similar.
Content – 33 (11 Points for each month’s format) – This is the actual information with regards to income and expenses that you will show. See the example below:
December 2021 Projected Income
Gifts – $1,000
New Job Salary – $5,000
Total Projected Income – $6,000
December 2021 Projected Expenses
New Apartment Security Deposit – $200
Down Payment New Car – $1,000
Keep in mind I’ve only provided an example. Some of you will have more monthly expenses.
Total Projected Expenses – $1,200
Projected Net Worth – $4,800
The above illustration should be done for all months (August, September, and October).
Collepals.com Plagiarism Free Papers
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.
