John Black is a working at a law firm. His salary recently increased and he...
90.2K
Verified Solution
Question
Accounting
John Black is a working at a law firm. His salary recently increased and he would like to keep track of his net worth. John has gathered the following information to help you track his net worth. Assume opening net worth for February 29 is $480.
February 29, 2016 | March 31, 2016 | April 30, 2016 | |
Cash | $7,390 | $12,890 | $18,890 |
Automobile | $13,000 | $13,000 | $13,000 |
Credit Card Bills | $1,420 | $1,220 | $920 |
Automobile Loan | $12,000 | $11,500 | $11,000 |
Salary | $9,100 | $9,500 | $9,500 |
Food Expense | $1,660 | $2,390 | $1,730 |
Entertainment Expense | $180 | $140 | $200 |
Rent Expense | $770 | $770 | $770 |
Do not enter dollar signs or commas in the input boxes. Use the negative sign for a deficit.
Required
Complete the table below.
February 29, 2016 | March 31, 2016 | April 30, 2016 | |
Opening Net Worth | ? | ? | ? |
Surplus (Deficit) | ? | ? | ? |
Closing Net Worth | ? | ? | ? |
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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.