AXIA COLLEGE MATERIAL: APPENDIX C

INDIVIDUAL
STATEMENT OF EARNINGS
200X

Revenue
Pay Check $2,400.00
Interest

Total Revenue $2,400.00

Expenses
Rent or Mortgage $380.00
Utilities $400.00
Gas $100.00 Vehicle
Telephone $210.00
Food $200.00
Other $600.00

Total Expenses $1,890.00

Excess revenues of expenses $510.00

BALANCE SHEET

ASSETS
Current assets
Cash $10.00
Investments $-
Prepaid rent and deposits $-
Total Current Assets $10.00

Property and equipment, net

House (if owned)
Furniture $-
Auto (if owned)
Total property and equipment $-

TOTAL ASSETS $10.00

LIABILITIES AND NET ASSETS

LIABILITIES
Current liabilities $-
Credit Card Balance $-
Total current liabilities $-

School Loan $15,000.00 At the Moment

 House Loan $35,500.00
Car Loan $-

Total liabilities $50,500.00

NET ASSETS
Equity $-

TOTAL LIABILITIES AND NET ASSETS $50,510.00