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    Mikie Tabar Prelim 143

    Uploaded by

    MikieNeniaTabar
    The document provides annual cash budgets and balance sheets for Mikie Tabar for the years 2024 and 2023. The budgets show monthly income and expenses over each year. The balance sheets show assets, liabilities, and net worth as of the end of each year.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Mikie Tabar Prelim 143

    Uploaded by

    MikieNeniaTabar
    93 views5 pages
    The document provides annual cash budgets and balance sheets for Mikie Tabar for the years 2024 and 2023. The budgets show monthly income and expenses over each year. The balance sheets show assets, liabilities, and net worth as of the end of each year.

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    mikie tabar prelim 143.docx

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    The document provides annual cash budgets and balance sheets for Mikie Tabar for the years 2024 and 2023. The budgets show monthly income and expenses over each year. The balance sheets show assets, liabilities, and net worth as of the end of each year.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    93 views5 pages

    Mikie Tabar Prelim 143

    Uploaded by

    MikieNeniaTabar
    The document provides annual cash budgets and balance sheets for Mikie Tabar for the years 2024 and 2023. The budgets show monthly income and expenses over each year. The balance sheets show assets, liabilities, and net worth as of the end of each year.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 5

    ANNUAL CASH BUDGET BY MONTH

    Mikie Tabar
    For the month of January 2024; year ended December 2024

    January February March April May June July August September October November December TOTAL
    FOR THE
    YEAR
    INCOME
    From job salary 1 18000 18000 18000 18000 18000 18000 18000 18000 18000 18000 18000 18000 216000
    From job salary 2 14000 14000 14000 14000 14000 14000 14000 14000 14000 14000 14000 14000 168000
    Bonuses and 10000 10000 10000 10000 40000
    Commissions
    Other Income
    TOTAL INCOME 42000 32000 32000 32000 32000 42000 42000 32000 32000 32000 32000 42000 P424000

    EXPENSE
    Savings 10000 10000 10000 10000 10000 10000 10000 10000 10000 10000 10000 10000 120000
    Utilities 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 60000
    Life Insurance 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 12000
    Food 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 60000
    Personal Care 5000 5000 5000 5000 5000 5000 5000 5000 20000
    Ford/Equity 20000 20000 20000 20000 80000
    Repair and 5000 5000 5000 5000 20000
    Maintenance
    TOTAL EXPENSES 41000 31000 26000 26000 31000 41000 41000 31000 26000 26000 31000 41000 P394000

    CASH 1000 1000 6000 6000 1000 1000 1000 1000 6000 6000 1000 1000 30000
    SURPLUS/DEFICIT
    BALANCE SHEET
    Mikie Tabar
    As of Year 2024

    ASSESTS LIABILITIES
    Liquid Assets
    Cash on Hand 37000 Current Liabilities
    Cash in Bank 75000
    Total Liquid Assets 112000 Utilities 120000
    Repair &Maintenance 60000
    Investments
    Savings 120000 Total current Liabilities 180000
    Total Investment 120000
    Long-Term Liabilities
    Personal Property
    Ford 80000 Life Insurance 12000
    Total Personal Property 80000
    Total Long-Term Liabilities 12000

    TOTAL ASSETS: P 312000


    TOTAL LIABILITES P 192000

    NET WORTH P120000

    TOTAL LIABILITIES AND NET WORTH P 312000


    ANNUAL CASH BUDGET BY MONTH
    Mikie Tabar
    For the month of January 2023; year ended December 2023

    January February March April May June July August September October November December TOTAL
    FOR
    THE
    YEAR
    INCOME
    From job salary 18000 18000 18000 18000 18000 18000 18000 18000 18000 18000 18000 18000 216000
    Bonuses and 10000 10000 20000
    Commissions
    Other Income
    TOTAL INCOME 18000 18000 18000 18000 18000 28000 18000 18000 18000 18000 18000 28000 236000

    EXPENSE
    Savings 6000 6000 6000 6000 6000 6000 6000 6000 6000 6000 6000 6000 72000
    Utilities 1500 1500 1500 1500 1500 1500 1500 1500 1500 1500 1500 1500 18000
    Life Insurance 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 12000
    Food 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 60000
    Personal Care 2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 24000
    Transportation 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 12000
    TOTAL EXPENSES 16500 16500 16500 16500 16500 16500 16500 16500 16500 16500 16500 16500 198000

    CASH 1500 1500 1500 1500 1500 11500 1500 1500 1500 1500 1500 11500 38000
    SURPLUS/DEFICIT

    BALANCE SHEET
    Mikie Tabar
    As of Year 2023

    ASSESTS LIABILITIES
    Liquid Assets
    Cash on Hand 18000 Current Liabilities
    Cash in Bank 70000
    Total Liquid Assets 88000 Utilities 18000

    Investments
    Savings 72000 Total current Liabilities 18000
    Total Investment 720000
    Long-Term Liabilities
    TOTAL ASSETS: P 160000
    Life Insurance 12000

    Total Long-Term Liabilities 12000

    TOTAL LIABILITES P30000

    NET WORTH P130000


    TOTAL LIABILITIES AND NET WORTH P160000

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