The net income for the month will be equal to $ 95 -$115 .The term“income” generally refers to the amount of money, property, and other transfers of value received over a set period of time
The term “income” generally refers to the amount of money, property, and other transfers of value received over a set period of time
Result for the Month
Income statement BDGT REAL
Income Wages $ 1.000 $ 850
Expenses Car - gas -$ 300 -$ 200
insurance Food & Personal Items -$ 75 -$ 200
Cell Phone -$ 75 -$ 85
College Savings -$ 300 -$ 220
Recreation -$ 75 -$ 200
Clothes -$ 80 -$ 60
Net Income $ 95 -$ 115
Modified Result for the Month.
Income statement BDGT REAL
Income Wages $ 1.000 $ 850
Expenses Car - gas -$ 300 -$ 200
insurance Food & Personal Items -$ 75 -$ 75
Cell Phone -$ 75 -$ 85
College Savings -$ 300 -$ 220
Recreation -$ 75 -$ 75
Clothes -$ 80 -$ 60
Hence the net income will be $ 95 $ 135
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