Income Statement

Bhupal Gautam
Sept. 5th, 2017
Income Monthly Annual
Employment 1,800.00 21,600.00
Scholorship 475.00 5,700.00
Investment 333.00 3,996.00
Rent - -
Business 1,000.00 12,000.00
Tips 200.00 2,400.00
Total Income $3,808.00 $45,696.00

Expenses
Mortgage 970.00 11,640.00
Tution 395.00 4,740.00
car insurance 76.00 912.00
Groceries 400.00 4,800.00
Clothings 120.00 1,440.00
Car payment 242.00 2,904.00
Gas 100.00 1,200.00
Phone Bill 80.00 960.00
Utilities(Gas/Power) 150.00 1,800.00
Children 120.00 1,440.00
Misc. 150.00 1,800.00
Total Expenses $ 2,803.00 $ 33,636.00

Net Income $1,005.00 $12,060.00

 Balance Sheet
Bhupal Gautam
Sept. 5, 2017

Assets
Home 270,000.00
Car 10,000.00
Saving A/C 2,000.00
Investments 2,000.00
Retirement A/C(401K) 3,500.00
Furniture 2,000.00
Clothing 1,000.00
Electronics 1,500.00
Jewelery 2,200.00
Notes & Contacts receivable 20,000.00
Stocks/Bonds 5,000.00
Cash-checking a/c 5,000.00
Total Assets 324,200.00

Liabilities
Current Debt(Credit Card) 3,000.00
Mortgage Payable 190,000.00
Taxes payable 1,200.00
Car Loan 5,000.00
Student Loan 1,500.00
Total Liabilities 200,700.00

Net Worth 123,500.00