(20 points) Business Application. Maintaining a budget involves both addition and subtraction. Ke
(20 points) Business Application. Maintaining a budget involves both addition and subtraction. Ke
(20 points) Business Application. Maintaining a budget involves both addition and subtraction. Keeping a budget sometimes involves a continuous record of cash income and expenses. Study the example and then complete the balances. (2 points for each balance)
Date 2/1/98
To
Subtract Expenses
Add Income
Balance
$1,475.38
2/2/98
Salary income
$700.00
2,175.38
2/3/98
Hinson Real Estate
$550.00
1,625.38
2/5/98
PG&E
23.22
2/6/98
Pacific Bell
18.76
2/6/98
Macy’s
43.22
2/10/98
Chevron
15.75
2/16/98
Salary income
$700.00
2/17/98
Fitness USA
25.00
2/18/98
John Simms, D.D.S.
30.00
2/23/98
Prudential Insurance
17.73
2/25/98
Visa
85.42
2/27/98
General Motors Finance
257.87