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SS Activity 30

1. The document provides monthly salary and expense information for a CPA/lawyer who earns $60,000 per month or $360,000 semiannually. 2. It lists monthly expenses from January to April which total $15,200 for most months, and savings of $44,800 per month, representing a savings rate of around 30% of income. 3. A chart shows the individual's monthly savings as a percentage of their grand total expenses and income over the 6 month period presented.

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Jessica Aningat
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29 views2 pages

SS Activity 30

1. The document provides monthly salary and expense information for a CPA/lawyer who earns $60,000 per month or $360,000 semiannually. 2. It lists monthly expenses from January to April which total $15,200 for most months, and savings of $44,800 per month, representing a savings rate of around 30% of income. 3. A chart shows the individual's monthly savings as a percentage of their grand total expenses and income over the 6 month period presented.

Uploaded by

Jessica Aningat
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Monthly Salary 60000.

00 OCCUPATION: CPA LAWYER


Semiannually Salary 360000.00 Monthly Income, Expenses and Savings

Expenses Jan Feb March April


Rent 3000 3000 3000 3000
Housing Insurance 200 200 200 200
Utilities Expense 2500 2500 2500 2500
Automobile Expense 1000 1000 1000 1000
Entertainment Expense 2000 2000 2000 2000
Foods 3500 0 0 0
Clothing 3000 3000 3000 3000
Gifts 0o 0 0
Grand Total 15200 11700 11700 11700

Savings 44800.00 48300.00 48300.00 48300.00

Savings Grand Total


60000.00
17%
50000.00
31%
40000.00
Savings 13%
30000.00

20000.00
13% 13%
10000.00
13%
0.00
1 2 3 4 5 6
Savings

May June Total


3000 3000 18000
200 200 1200
2500 2500 15000
1000 1000 6000
2000 2000 12000
0 500 4000
3000 3000 18000
0 16000 16000
11700 28200 90200

48300.00 31800.00 269800.00

Grand Total

17%
1
31% 2
3
13% 4
5
6

13% 13%

13%

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