Prepare the household budget for october

Assignment Help Managerial Accounting

Reference no: EM132649654

Personal Household Budget Money in Money out
Sep-20 Salary 1 2150

Salarry 2 2,890.00

Birthday Money - Martha 250

Total Rent $ 1,750.00

Heat & Light 255 Car payments 875

Other Car related expenses - gas etc .345

Food - Grocieies 480

Food - eating out 150

Entertainment 250.00

Presents - family members 120

Misc. 175.0

Total Over or under for month

Required

Please copy and paste this information into a new tab on the excel spreadsheet you created for the previous question.

Question 1: 'Fix' all errors, include missing figures and make the spreadsheet more presentable - think about: spelling errors, underlining, spacing, font, perhaps use different columns etc.

Question 2: Prepare the household budget for October based on the following information: 5% increase in Salary 1 10% decrease in Salary 2 7.5% increase in all expenses (except rent and presents - see below) No birthday money in October and no family presents to buy

Question 3: The family hopes to move to a larger house where the rent would be $2,250 per month - would you advise that they do so - why or why not?

Reference no: EM132649654

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