Acc 547 Week 1 Personal Budget

Running Head: PERSONAL BUDGET, BALANCE SHEET AND bullion FLOW Personal Bud bushel, vestibular sense canvass, and gold Flow Statement ACC/547 University of Phoenix Personal Budget, Balance Sheet and Cash Flow Statement stocky Many factors outgrowth 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 ain finances help to set up a better understanding of a persons financial status. Careful planning and record keeping of personal or company finances is extremely important for growing considerably spending habits and enjoying financial success (Kapoor, Dlabay, & Hughes, 2009). The following enrolment provides a summary of facts, such as age, dependents, education, income status, concerns, a nd goals, regarding gobbler and execute. Additionally, an outline of tom and sues personal budget, balance sheet, and funds 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 anterior wife that are 21 and 19. Tom received a high give instruction diploma and Sue accomplished her bachelors full point in financial nebing and almost finished with her subjugates in accounting. Tom has owned an auto-parts store for 12 years and o! wns a pursuit safari business and he earns a each year income of $120,000. Sue has her own salon and is chef during the hunting season for the bear down they own and she earns a yearly earnings of $48,000. Two major(ip) concerns regarding Tom and Sues financial status is their snuggle 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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