BALANCE SHEET

Name: Dang Thuy Huong

ASSETS
Liquid Assets
Cash on hand 5,000,000
In checking 10,000,000
Money market deposits 15,000,000
Certificate of deposits
Total Liquid Assets 30,000,000

Investments
Retirement funds 25,000,000
Other 3,000,000
Total Investment 28,000,000

Real Property -

Personal Property
Vehicle: Cub81 Motorbike 27,000,000
Jewelry 15,000,000
Clothings 12,000,000
Total Personal Property 54,000,000

(i) Total Assets 112,000,000

BALANCE SHEET
Date: December 31st 2019
LIABILITIES
Current Liabilities
Phone 200,000
Renting house 2,500,000
Charge account balance 150,000
Tax 500,000
Insurance 125,000
Other current liabilities 1,000,000
Total current liabilities 4,475,000

Long-term liabilities
Appliance/furniture 10,000,000
Education loans 12,000,000
Other long term-loans (parents) 68,000,000
Total Long-term Liabilities 90,000,000

(ii) Total Liabilities 94,475,000

Net Worth (i) - (ii) 17,525,000

Total Liabilities and Net Worth 112,000,000
19
 INCOME AND EXPENSE STATEMENT
Name: Dang Thuy Huong
For the year ended December 31st 2020

INCOME
Wages and salaries Name: Dang Thuy Huong
Self-employment income
Sales commission
Bonuses and commission (Depending on the KPI)
Investment income
Pensions and annuity
Other income (from helping parents' business)
(i) Total income

EXPENSES
Housing Renting
Maintenance
Utilities Gas, electric, water
Phone
Cable TV, wifi
Food Groceries
Dining out
Transportation Gas, oil, repair
Clothings Clothes, shoes, accessories
Insurance Health insurance
Motorbike insurance
Physical insurance (in case of having accidents)
Taxes (15% of income)
Appliances, furnitures, and other major purchase Furniture
Personal care Hair salon
Cosmetics
Entertainment Vacations, picnics
Other items Loan payment: education loans
(ii) Total expenses

Cash surplus (or deficit)

T

ember 31st 2020

15,000,000
-

800,000
-
-
2,000,000
17,800,000

2,500,000
500,000
300,000
200,000
100,000
800,000
500,000
500,000
1,000,000
150,000
100,000
200,000
2,670,000
1,000,000
1,500,000
700,000
3,000,000
80,000,000
95,720,000

(77,920,000)
 ANNUAL C
Name: Dang Thuy Huong
For the year e

INCOME Jan Feb Mar Apr

Salaries 15,000,000 15,000,000 15,000,000 15,000,000
Bonuses and commissions 800,000 800,000 800,000 800,000
Pensions and annuities
Investment income
Other income 2,000,000 2,000,000 2,000,000 2,000,000
Total Income 17,800,000 17,800,000 17,800,000 17,800,000

EXPENSES
Housing 2,500,000 2,500,000 2,500,000 2,500,000
Utilities 500,000 500,000 700,000 500,000
Food 1,300,000 1,300,000 1,300,000 1,300,000
Transportation 500,000 1,000,000 500,000 500,000
Clothing 1,000,000 1,000,000 1,500,000 2,000,000
Insurance 450,000 450,000 450,000 450,000
Tax 2,670,000 2,670,000 2,670,000 2,670,000
Appliances, furnitures 1,500,000 1,000,000 1,000,000 1,000,000
Personal care 1,500,000 1,500,000 1,500,000 2,000,000
Entertainment 1,500,000 3,000,000 3,000,000 3,000,000
Savings and investments 500,000 500,000 500,000 500,000
Other expenses
Total expenses 13,920,000 15,420,000 15,620,000 16,420,000

CASH SURPLUS/DEFICIT 3,880,000 2,380,000 2,180,000 1,380,000

CUMULATIVE CASH SURPLUS/DEFI 3,880,000 1,500,000 (680,000) (2,060,000)

 ANNUAL CASH BUDGET BY MONTH

ended December 31st 2020

May Jun Jul Aug Sep Oct

15,000,000 15,000,000 15,000,000 15,000,000 15,000,000 15,000,000
800,000 800,000 800,000 800,000 800,000 800,000

2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000

17,800,000 17,800,000 17,800,000 17,800,000 17,800,000 17,800,000

3,000,000 2,500,000 2,500,000 3,000,000 2,500,000 3,000,000

500,000 500,000 500,000 700,000 500,000 500,000
1,300,000 1,300,000 1,300,000 1,300,000 1,300,000 1,300,000
500,000 1,000,000 500,000 1,000,000 500,000 500,000
1,000,000 1,500,000 1,000,000 3,000,000 1,500,000 1,000,000
450,000 450,000 450,000 450,000 450,000 450,000
2,670,000 2,670,000 2,670,000 2,670,000 2,670,000 2,670,000
1,000,000 1,000,000 1,000,000 1,500,000 1,000,000 1,000,000
1,500,000 1,500,000 1,500,000 2,000,000 1,500,000 1,500,000
4,000,000 3,000,000 2,500,000 5,000,000 3,000,000 1,750,000
500,000 500,000 500,000 500,000 500,000 500,000

16,420,000 15,920,000 14,420,000 21,120,000 15,420,000 14,170,000

1,380,000 1,880,000 3,380,000 (3,320,000) 2,380,000 3,630,000

(3,440,000) (5,320,000) (8,700,000) (5,380,000) (7,760,000) (11,390,000)

Nov Dec Total for the year
15,000,000 15,000,000 180,000,000
800,000 800,000 9,600,000

2,000,000 2,000,000 24,000,000

17,800,000 17,800,000 213,600,000

2,500,000 2,500,000 31,500,000

500,000 500,000 6,400,000
1,300,000 1,300,000 15,600,000
500,000 1,000,000 8,000,000
1,000,000 1,500,000 17,000,000
450,000 450,000 5,400,000
2,670,000 2,670,000 32,040,000
1,000,000 1,500,000 13,500,000
1,500,000 1,500,000 19,000,000
3,000,000 3,000,000 35,750,000
500,000 500,000 6,000,000

14,920,000 16,420,000 190,190,000

2,880,000 1,380,000 23,410,000

(14,270,000) (15,650,000) (39,060,000)