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Income Statement

Puspa Gautam
Sept. 5th, 2017
Income Monthly Annual
Employment 2,500.00 30,000.00
Scholorship 432.58 5,191.00
Investment 200.00 2,400.00
Rent 350.00 4,200.00
Business 3,500.00 42,000.00
Tips 500.00 6,000.00
Total Income $7,482.58 $89,791.00

Expense
Mortgage 880.00 10,560.00
Tution 432.58 5,191.00
Insurance 98.00 1,176.00
Groceries 350.00 4,200.00
Clothings 150.00 1,800.00
Car payment 392.00 4,704.00
Gas 200.00 2,400.00
Phone Bill 60.00 720.00
Utilities(Gas/Power) 150.00 1,800.00
Children 120.00 1,440.00
Misc. 75.00 900.00
Total Expense $ 2,907.58 $ 34,891.00

Net Income $4,575.00 $54,900.00


Balance Sheet
Puspa Gautam
Sept. 5, 2017

Assets
Home 260,000.00
Car 36,000.00
Saving A/C 3,000.00
Investments 5,000.00
Retirement A/C(401K) 3,500.00
Furniture 4,000.00
Clothing 1,000.00
Electronics 1,500.00
Jewelery 2,200.00
Notes & Contacts receivable 50,000.00
Stocks/Bonds 1,000.00
Cash-checking a/c 10,000.00
Total Assets 377,200.00

Liabilities
Current Debt(Credit Card) 8,000.00
Mortgage Payable 117,910.00
Taxes payable 1,200.00
Car Loan 24,000.00
Student Loan 5,100.00
Total Liabilities 156,210.00

Net Worth 220,990.00