Personal Budget
At the beginning of the school year, Priscilla Wescott decided to prepare a cash budget for the months of September, October, November, and December. The budget must plan for enough cash on December to pay the spring semester tuition, which is the same as the fall tuition. The following information relates to the budget:
Cash balance, September from a summer job
Purchase season football tickets in September
Additional entertainment for each month
Pay fall semester tuition in September
Pay rent at the beginning of each month
Pay for food each month
Pay apartment deposit on September to be returned December
Parttime job earnings each month net of taxes
$
a Prepare a cash budget for September, October, November, and December. Enter all amounts as positive values except cash decrease which should be indicated with a minus sign.
