Accounting and Finance Foundations

Unit 12

Accounting and Finance Foundations Unit 12: Budgeting and Business Plans 962

Open-Response Unit Assessment S/T Guide

Name: __________________________________________________________________________

Date: _________________________________

Month: ________________________________

Item Income

Wages $ __________

Interest/Dividends $ __________

Other $ __________

Total Income $^

Total Income $ __________

(^) Total Expenses $ __
Total Expendable Account $ __
Total Added to Savings $ __
Savings needed for
Cancun Vacation $
Budgeting Sheet
Fixed
Expenses
__ $ __
__ $ __
__ $ __
__ $ __
__ $ __
Total Fixed Expenses $^
Flexible
Expenses
__ $ __
__ $ __
__ $ __
__ $ __
__ $ __
Total Flexible Expenses $^
Savings (Pay Yourself First)
Item
Item
Name: __
Date: _____
Month: ____
Item Income
Wages $ __
Interest/Dividends $ __
Other $ __
Total Income $^
Total Income $ __
(^) Total Expenses $ __
Total Expendable Account $ __
Total Added to Savings $ __
Savings needed for
Cancun Vacation $
__ $ __
__ $ __
__ $ __
__ $ __
__ $ __
__ $ __
Total Discretionary Expenses $^
Total Expenses $
(^) Discretionary
Expenses
Item