dot 2. Evangeline works at Starbucks. Her net weekly pay is $245.78 and she is paid every Friday. The chart below shows the money coming into her account and her expenses for the month of January 2015. Calculate her bank balance after each transaction. Pay ($) s a Expense ($) Balance ($) Date Item 456.76 Starting balance Jan 1 245-79 Bus pass 4167 Jan 1 39.99 Jan 4 Cell phone bill 51.57 265.2 Jan 7 Pay 245.78 71.89 S39.09 184.87 68.9.96 Jan 8 Groceries Jan 14 Pay 245.78 Jan 15 Cable/Internet 96.91 Jan 16 Groceries 66.43 Credit Card Purchases Jan 20 601.21 Jan 21 Pay 245.78 Jan 22 Groceries 63.49 Jan 28 Pay 245.78 Jan 30 Rent 450 a) Did Evangeline budget wisely for the month? If not, explain why.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Idk if iam doing the right steps or not? Question 2
2. Evangeline works at Starbucks. Her net weekly pay is $245.78 and she is paid every
Friday. The chart below shows the money coming into her account and her expenses for
the month of January 2015. Calculate her bank balance after each transaction.
Pay ($) s Expense ($)
Balance ($)
Date
Item
456.76
Starting
balance
Jan 1
245-79
Bus pass
41677
Jan 1
39.99
Jan 4
Cell phone bill
51.57
265.2
Jan 7
Pay
245.78
71.89
S১१.०१
184.87
689.96
Jan 8
Groceries
Jan 14
Pay
245.78
Jan 15
Cable/Internet
96.91
Jan 16
Groceries
66.43
601.21
Credit Card
Purchases
Jan 20
Jan 21
Pay
245.78
Jan 22
Groceries
63.49
Jan 28
Pay
245.78
Jan 30
Rent
450
a) Did Evangeline budget wisely for the month? If not, explain why.
Transcribed Image Text:2. Evangeline works at Starbucks. Her net weekly pay is $245.78 and she is paid every Friday. The chart below shows the money coming into her account and her expenses for the month of January 2015. Calculate her bank balance after each transaction. Pay ($) s Expense ($) Balance ($) Date Item 456.76 Starting balance Jan 1 245-79 Bus pass 41677 Jan 1 39.99 Jan 4 Cell phone bill 51.57 265.2 Jan 7 Pay 245.78 71.89 S১१.०१ 184.87 689.96 Jan 8 Groceries Jan 14 Pay 245.78 Jan 15 Cable/Internet 96.91 Jan 16 Groceries 66.43 601.21 Credit Card Purchases Jan 20 Jan 21 Pay 245.78 Jan 22 Groceries 63.49 Jan 28 Pay 245.78 Jan 30 Rent 450 a) Did Evangeline budget wisely for the month? If not, explain why.
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