2.Evan has the following income and expenses. Use 4 weeks = 1 month even though this is generally not true. Income Expensses Part time job=$1,000/month loan=$8,000/year Scholorship=$6,000/year Rent=$900/month Groceries=$75/week Tuition and fees=$8,500/year Entertainment=$150/month Phone=$99/month Health insurance=$200/month (a) Total Monthly Income: __________________ (b) Total Monthly Expenses: ___________________ (c) Monthly Cash Flow: ___________________

2.Evan has the following income and expenses. Use 4 weeks = 1 month even though this is generally not true. Income Expensses Part time job=$1,000/month loan=$8,000/year Scholorship=$6,000/year Rent=$900/month Groceries=$75/week Tuition and fees=$8,500/year Entertainment=$150/month Phone=$99/month Health insurance=$200/month (a) Total Monthly Income: ________ (b) Total Monthly Expenses: _ (c) Monthly Cash Flow: ___________

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter8: Payroll Accounting: Employee Earnings And Deductions

Section: Chapter Questions

Problem 2SEA: COMPUTING OVERTI ME RATE OF PAY AND GROSS WEEKLY PAY Rebecca Huang receives a regular salary of...

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