Personal Income Statement

Income and Expense Statement

Name: Oyedele Ajagbe

For the year ending: December, 2017 Jan - Dec
INCOME ($) % of Total Income
Wages and salaries Salary 1 64,000 71.1862521551
Salary 2 7,000 7.7859963295
Freelance/Consulting fees 5,000 5.5614259496
Overtime Overtime pay 3,000 3.3368555698
Travel & Lunch Claims Travel & Lunch Claims 1,850 2.0577276014
Investment income Interest received 230 0.2558255937
Dividends received 350 0.3892998165
Rents received 6,000 6.6737111395
Sale of securities 1,500 1.6684277849
Other investments 350 0.3892998165
Other Income Other (1) 125 0.1390356487
Other (2) 500 0.556142595
TOTAL INCOME 89905 100
EXPENSES % of Total Expense
Housing Mortgage payment 21,050 24.2226876251
Repairs, maint., improvements 630 0.7249545465
Utilities Gas, Power, Water 3,120 3.5902510874
Phone 540 0.6213896113
Cable TV 660 0.7594761916
Food Groceries 3,600 0.0310694806
Dining out 240 0.2761731606
Transportation Auto loan payments 2,880 0.0333709236
License plates, fees, etc. 83 0.0009550988
Gas, oil, repairs, tires, maintenance 3,010 3.4636717222
Medical Medication, vitamins & Supplements 1,200 1.3808658029
Dentist 125 0.1438401878
Clothing Clothes, shoes, and accessories 3,600 0.0414259741
Insurance Homeowner's 120 0.1380865803
Life 240 0.0027617316
Auto 3,024 3.4797818232
Taxes Income 12,050 13.8661941037
Property 2,520 2.899818186
Appliances & Furnace Loan payments 720 0.8285194817
Purchases and repairs 1,700 1.956226554
Personal care Laundry, cosmetics, hair care 3,600 4.1425974086
Recreation & entertainment Vacations 4,000 0.0460288601
Recreation & entertainment 1,560 1.7951255437
Other Loans Other loans 2,200 0.0253158731
Other items Charitable contributions 3,180 3.6592943776
Gifts 120 0.1380865803
Education loans 2,800 3.2220202067
Subscriptions, magazines, books 230 0.2646659455
Aged parent Allowance 2,400 2.7617316057
Tuition for siblings 4,800 5.5234632114
Leisure Leisure 900 1.0356493521
TOTAL EXPENSES 86902 100
Personal Income Statement

NET INCOME 3003 3.3401924253

 PERSONAL BALANCE SHEET

Jan - Dec.
ASSETS ($) % in Total LIABILITIES
Current Asset Current Liabilities:
Cash on hand 750 1.9141931038 Utilities
In checking 2,470 6.3040759552 Food
Savings accounts 9,086 23.1898113882 Insurance premiums
Money market funds 8,475 21.6303820729 Taxes
Deposits 1,600 4.0836119548 Medical/Dental bills
Other (1) 4,800 12.2508358643 Repair bills
Other (2) 12,000 30.6270896608 Bank credit card balances
Transportation
Total Liquid Assets 39181 100 Clothing
Insurance
Investments: Bank line of credit
Stocks (1) 1,500 4.0922111581 Other current liabilities
Stocks (2) 350 0.9548492702
Bonds (1) 125 0.3410175965 Total Current Liabilities
Bonds (2) 500 1.364070386
Mutual funds (1) 350 0.9548492702 Long-term Liabilities
Mutual funds (2) 230 0.6274723776 Mortgage payment
Real estate 6,000 16.3688446324 Property tax
Other Fund 17,000 46.3783931251 Real estate investments
Other (1) 5,000 13.6407038603 Auto loans
Other (2) 2,500 6.8203519302 Appliance/furniture loans
Other (3) 3,100 8.4572363934 Home improvement loans
Total Investment 36655 100 Edocation loan
Fixed Asset Tuition for siblings
Real Property: Other
Primary Residence 360,000 56.25
Second home 260,000 40.625 Total Long-term liabilities
Other 20,000 3.125
Total Real Property 640000 100 Total Liabilities

Personal Property: Net Worth

Autos (1) 15,000 28.0898876404
Autos (2) 10,000 18.7265917603
Recreational vehicles 7,000 13.1086142322
Household furnishings 2,300 4.3071161049
Artwork 10,000 18.7265917603
Other (1) 5,500 10.2996254682
Other (2) 3,600 6.7415730337
Total Personal Property 53400 100
Total Assets 769236
Jan - Dec.
($) % in Total

3,120 7.4969363481
3,840 9.2269985823
120 0.2883437057
12,050 28.9545137804
1,200 2.883437057
630 1.5138044549
2,200 5.2863012711
5,973 14.3523079511
3,600 8.6503111709
3,384 8.1312925007
2,200 5.2863012711
3,300 7.9294519067

41,617 100

1,950 1.3765353664
2,580 1.821262177
120,000 84.7098686997
2,880 2.0330368488
2,420 1.7083156854
630 0.4447268107
2,800 1.976563603
4,800 0.0338839475
3,600 2.541296061

141,660 100

324,937

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