Marley8611 Marley8611

11-03-2024
Business

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John’s Cash-flow
Item Actual
Income $7,000
Rent 1,500
Utilities 200
Taxes 2,800
Transportation 300
Food 500
Debt payment 1,200
Savings 100

Given John's monthly income and expense information, which of the following statements is true? a. John ran a $400 deficit for the month.
b. John ran a $600 surplus for the month.
c. John ran a $400 surplus for the month.
d. John ran a $600 deficit for the month.

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