1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ratling [72]
2 years ago
7

1. Take a moment to reflect on the process of creating your personal budget. What was the most challenging part of creating your

budget? Did you take the time to track your spending? What did you discover about your spending? How does it feel to have a plan for your spending? (2 points)
Business
1 answer:
mash [69]2 years ago
4 0

The most challenging part is to make sure you follow the budget even when I took the time to track my expenses. Also, you learn there are unexpected expenses but having a budget makes you feel confident.

<h3>What was the most challenging part of creating your budget?</h3>

Last year, I created a budget for a trip, and the most difficult part was both thinking about all the elements in the budget and tracking all the expenses before and during the trip.

<h3>Did I take the time to track my spending?</h3>

I took the time to track my spending by checking the budget every time I spent money for the trip.

<h3>What did I discover about spending?</h3>

I discovered there are some unexpected expenses I had not considered such as renewing my passport or paying taxes.

<h3>How does it feel to have a plan?</h3>

Having a plan makes me feel confident about spending money because I have control of it.

Learn more about budgets in brainly.com/question/18803390

#SPJ1

You might be interested in
A service contract for a video projection system costs $195 a year. you expect to use the system for four years. instead of buyi
aleksklad [387]

Answer:

The future value of an annuity (FVA) is $828.06

Explanation:

The future value of an annuity (FVA) is the value of payments at a specific date in the future based on the payments being recurring and assuming a discount rate. The future value of an annuity (FVA) is based on regular cash flow. The higher the discount rate, the greater the annuity's future value.

FVA= P * \frac{(1+r)^n-1}{r}

Where:

FVA is The future value of an annuity (FVA)

P is payment per period

n is the number of period

r is the discount rate

Given that:

P = $195

r = 4% = 0.04

n = 4 years

FVA= P * \frac{(1+r)^n-1}{r}

substituting values

FVA= 195 * \frac{(1+0.04)^4-1}{0.04}=195*4.246=828.06\\FVA=824.06

The future value of an annuity (FVA) is $828.06

4 0
3 years ago
Read 2 more answers
Johnson Corporation unadjusted trial balance at year-end include the following accounts. Compute the uncollectible account expen
Alborosie

Answer:

Explanation:

The journal entries are shown below:

A. Uncollectible Expense A/c Dr $11,520

            To Allowance for doubtful accounts A/c  $11,520

(Being the uncollectible expense is recorded)

The computation is shown below:

= $1,152,000 × 1%

= $11,520

B.  Uncollectible Expense A/c Dr $12,960

            To Allowance for doubtful accounts A/c  $12,960

(Being the uncollectible expense is recorded)

The computation is shown below:

= $1,152,000 × 1.5% × 75%

= $12,960

C.  Uncollectible Expense A/c Dr $9,816

              To Allowance for doubtful accounts A/c  $9,816

(Being the uncollectible expense is recorded)

The computation is shown below:

= $12,000 - $2,184

= $9,816

5 0
3 years ago
Which of the following bonds would have the lowest interest rate? All of the bonds have 10 years to maturity
Rashid [163]

Answer:

C. Mortgage bond rated AAA is the correct answer.

Explanation:

4 0
3 years ago
How is profit determined?
Nikitich [7]
C. Total revenue minus total cost
3 0
3 years ago
Tony has realized that two activities (A and B) in his project cannot be done at the same time because not enough resources are
iVinArrow [24]

Answer:

He should schedule the activity with the least slack, that means the activity B.

So, B. He should scheduel activity B first.

5 0
3 years ago
Other questions:
  • Suppose that prices in the United States rise relative to prices in France. We expect that (on the foreign exchange market) the
    11·1 answer
  • Refer to the financial statements of Burnaby Mountain Trading Company. The firm's asset turnover ratio for 2017 is _________. (P
    14·1 answer
  • Which of the following types of decisions would not use incremental analysis? Group of answer choices cash planning make or buy
    6·1 answer
  • Speakers usually use a(n) ______________ outline as a rough draft they revisit and revise continually throughout the preparation
    5·1 answer
  • On May 7, Juanita Construction provides services on account to Michael Wolfe for $4,000. Michael pays for those services on May
    14·1 answer
  • A __ is usually one of the first things a prospective employer sees when you apply for a job, so it is important to highlight yo
    10·1 answer
  • The subject is a 15 year old duplex that would cost $240,000 to build new today. It is in good condition and you estimate the ef
    10·1 answer
  • Which of the following is a reason someone should get health insurance?
    14·2 answers
  • PERSONAL FINANCE WILL GIVE BRAINLIEST !!Melanie is having a lot of financial problems. She is drowning in debt and needs help. S
    7·1 answer
  • After informing his employer that he had cancer, Steve was abruptly fired. The federal legislation that prohibits discrimination
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!