Moving to another question will save this response.
Question 13
Following are the projected cashflows of Mrs. Johanes for the month of July 2005, in which she plans to her summer vacations abroad.
Items
Cash Flows Inflows Outflows
Salary
$10,456
Kids School Fees
$1,000
Vacation Bonus
$1,500
Dining Out
$400
Summer Vacations
Expense
$2,000
Education Allowance
$1,042
Performance Bonus
$500
Groceries Expense
$850
Conveyance Allowance
$300
Car Payment
$350
Utilities Expense
$1,200
Housing Allowance
$500
Mortgage Payment
$578
Auto Fuel
$90
Misc. Expenses
$3,000
Total
Compute surplus or deficit for Mrs. Johanes for the month of July 2005.
12,456
Moving to another question will save this response.