Solved

Chris Has Just Finished His First Month at College and Wants

Question 51

Essay

Chris has just finished his first month at college and wants to estimate his costs for the rest of the year to ensure that the money he makes at his part-time job will cover all of his expenses.He has recorded all his cash inflows and outflows for the month as follows:  Date  Purpose  Amount  Sept 1  rent $350.00 Sept 2  groceries 125.50 Sept 4  out with friends 35.00 Sept 11  movie rental 5.00 Sept 15  paycheque from work 365.00 Sept 16  lunch 12.00 Sept 17  laundry 8.50 Sept 21  groceries 77.25 Sept 26  drinks for party 22.00 Sept 30  paycheque from work 302.50\begin{array} { l l r } \text { Date } & \text { Purpose } & \text { Amount } \\\text { Sept 1 } & \text { rent } & \$ - 350.00 \\\text { Sept 2 } & \text { groceries } & - 125.50 \\\text { Sept 4 } & \text { out with friends } & - 35.00 \\\text { Sept 11 } & \text { movie rental } & - 5.00 \\\text { Sept 15 } & \text { paycheque from work } & 365.00 \\\text { Sept 16 } & \text { lunch } & - 12.00 \\\text { Sept 17 } & \text { laundry } & - 8.50 \\\text { Sept 21 } & \text { groceries } & - 77.25 \\\text { Sept 26 } & \text { drinks for party } & - 22.00 \\\text { Sept 30 } & \text { paycheque from work } & 302.50\end{array} Required:
Prepare a statement that organizes Chris' information is a useful way.

Correct Answer:

verifed

Verified

Summary of Earnings ...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions