What other expense can the Anderson family add to their budget to plan for occasional expenses?
What other expense can the Anderson family add to their budget to plan for occasional expenses?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Below is the budget of the Anderson family for June 2022. Use the given budget to answer the questions that follow.
![Items
Mr Anderson's salary
Mrs Anderson's salary
Bond payment
Food
School fees
Transport
Entertainment
Savings
Clothing
Pocket Money
Car repayment
Water and electricity
Cellphone contracts
Total
Income
R12 500
R9 600
R22 100
Expenditure
R5 300
A
B
R480
R890
R768
R1 000
R750
R1 300
R1 200
R580
R17 218](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F42435478-0e0b-47b5-96b0-e83067b5e654%2Fa2ec1ec7-2d44-44ce-94cf-c4c6ce824aae%2Fjmjb50n_processed.png&w=3840&q=75)
Transcribed Image Text:Items
Mr Anderson's salary
Mrs Anderson's salary
Bond payment
Food
School fees
Transport
Entertainment
Savings
Clothing
Pocket Money
Car repayment
Water and electricity
Cellphone contracts
Total
Income
R12 500
R9 600
R22 100
Expenditure
R5 300
A
B
R480
R890
R768
R1 000
R750
R1 300
R1 200
R580
R17 218
![1.7
What other expense can the Anderson family add to their budget to plan for occasional expenses?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F42435478-0e0b-47b5-96b0-e83067b5e654%2Fa2ec1ec7-2d44-44ce-94cf-c4c6ce824aae%2Fl2em5ls_processed.png&w=3840&q=75)
Transcribed Image Text:1.7
What other expense can the Anderson family add to their budget to plan for occasional expenses?
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