5. personal budget | Accounting homework help

  

5. Personal Budget

At the inauguration of the 2016 ground year, Britney Logan determined to make-ready a specie budget control the months of September, October, November, and December. The budget must scheme control ample specie on December 31 to constant the proceed semester training, which is the corresponding as the gravitate training. The subjoined referableification relates to the budget:

  

Specie weigh, September 1 (from a summer drudgery)

$6,780

 

Purchase spanliness footbtotal tickets in September

90

 

Additional nourishment control each month

240

 

Constant gravitate semester training in September

3,700

 

Constant solution at the inauguration of each month

330

 

Constant control aid each month

180

 

Constant lodging protection on September 2 (to be returned December   15)

500

 

Part-span drudgery hues each month (catch of taxes)

840

a.  Make-ready a specie budget control September, October, November, and December. Enter total amounts as decisive values bar an overtotal specie lower which should be indicated with a minus premonition.

  

Britney   Logan

 

Specie   Budget

 

Control   the Impure Months Objecting December 31, 2016

  

September

October

November

December

 

Estimated specie returns from:

 

Part-span drudgery

$

$

$

$

 

Deposit

 

Total specie returns

$

$

$

$

 

Estimated specie constantments control:

 

Timeliness footbtotal tickets

$

 

Additional nourishment

$

$

$

 

Tuition

 

Rent

 

Food

 

Deposit

 

Total specie constantments

$

$

$

$

 

Specie acception (decrease)

$

$

$

$

 

Specie weigh at inauguration of month

 

Specie weigh at object of month

$

$

$

$

b.  Are the impure monthly budgets that are bestowed make-readyd as static budgets or yielding budgets?
c.  Brittany can discern that her bestow scheme   sufficient specie. If Logan did referable budget except went afront with the cemer scheme, she would be $   at the object of December, with no span left to ordain.

6. Yielding Budget control Selling and Negotiative Expenses

Agent Blaze uses yielding budgets that are naturalized on the subjoined data:

  

Sales commissions

7% of sales

 

Advertising expense

19% of sales

 

Miscellaneous selling expense

$2,250 plus 4% of sales

 

Office salaries expense

$15,000 per month

 

Office anticipation expense

5% of sales

 

Miscellaneous negotiative expense

$1,600 per month plus 3% of sales

Make-ready a yielding selling and negotiative expenses budget control January 2016, control sales volumes of $100,000, $125,000, and $150,000. (Use Exhibit 5 as a example.) Enter total amounts as decisive quantity.

  

Agent Blaze

 

Yielding Selling and Negotiative Expenses Budget

 

Control the Month Objecting January 31, 2016

 

Total sales

$100,000

$125,000

$150,000

 

Shifting cost:

 

Sales commissions

$

$

$

 

Advertising expense

 

Miscellaneous   selling expense

 

Office anticipation   expense

 

Miscellaneous   negotiative expense

 

Total shifting cost

$

$

$

 

Unwandering cost:

 

Miscellaneous   selling expense

$

$

$

 

Office salaries   expense

 

Miscellaneous   negotiative expense

 

Total unwandering cost

$

$

$

 

Total selling and   negotiative expenses

$

$

$

Order a unique copy of this paper
(275 words)

Approximate price: $11.5

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.

Read more

Free-revision policy

The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.

Read more

Privacy policy

The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.

Read more

Fair-cooperation guarantee

By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.

Read more
  • Order now for this paper or similar assignments at discounted prices
  • WhatsApp chat