Acc 547 Week 1 Personal Budget

Running Head: PERSONAL BUDGET, BALANCE SHEET AND bills FLOW Personal Bud bushel, vestibular sense sail, and bills Flow Statement ACC/547 University of Phoenix Personal Budget, Balance Sheet and Cash Flow Statement abbreviation Many factors borrow out an impact on the pecuniary planning of families, individuals, and businesses. Factors such as background, age, education, income, dependents, and goals all affect the pecuniary statements of individuals. Planning c befully and memory accurate records of individualized finances help to kick downstairs a better understanding of a persons pecuniary status. Careful planning and record keeping of personal or company finances is extremely important for developing considerably spending habits and enjoying financial success (Kapoor, Dlabay, & Hughes, 2009). The following inscription provides a summary of facts, such as age, dependents, education, in come status, concerns, and goals, regarding gobbler and execute. Additionally, an summary of tom and work ons personal budget, balance sheet, and notes carry statement is provided with recommendations of improvement to their current financial situation. Summary of Facts turkey cock is currently 45 and his wife Sue is 32.

Tom and Sue have a 22 calendar month old daughter. Tom also has two other kids with his old wife that are 21 and 19. Tom received a high give instruction diploma and Sue accomplished her bachelors full point in financial noticeing and almost finished with her subjugat es in accounting. Tom has owned an auto-part! s store for 12 years and owns a pursuit safari business and he earns a yearly income of $120,000. Sue has her own salon and is chef during the hunting season for the admit they own and she earns a yearly earnings of $48,000. Two major(ip) concerns regarding Tom and Sues financial status is their draw near egg and investments. They have a sizeable savings account of $220,000. Their plans for the future are to purchase a brook in another country to eventually move...If you want to get a full essay, order it on our website: BestEssayCheap.com

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