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amie Lee is reviewing her finances one month later. She has provided the actual amounts paid below. Use the cash budget table below to help
amie Lee is reviewing her finances one month later. She has provided the actual amounts paid below. Use the cash budget table below to help her identify the variances in her budget. Each answer must have a value for the assignment to be complete. Enter for any unused categories.
Actual Amounts
Income: Monthly expenses:
Gross monthly salary $ Rent obligation $
Net monthly salary $ Utilitieselectricity $
Savings allocation: Utilitieswater $
Regular savings $ Utilitiescable TV $
Rainyday savings $ Food $
Entertainment: Gasmaintenance $
Cake decorating class $ Credit card payment $
Movies with friends $ Car insurance $
Clothing $
Budgeted Amounts
Assets: Monthly Expenses:
Checking account $ Rent obligation $
Emergency fund savings account $ Utilitieselectricity $
Car $ Utilitieswater $
Computer & iPad $ Utilitiescable TV $
Liabilities: Food $
Student loan $ Gasmaintenance $
Credit card balance $ Credit card payment $
Income: Car insurance $
Gross monthly salary $ Clothing $
Net monthly salary $ Entertainment:
Savings allocation: Cake decorating class $
Regular savings $ Movies with friends $
Rainy day savings $Income Inflows Budgeted Amounts Dollar Budgeted Amounts Percent Actual Amounts Dollar Variance
Salary
Other
Total income
Disbursements Outflows Budgeted Amounts Dollar Budgeted Amounts Percent Actual Amounts Dollar Actual Amounts Dollar
Emergency fund savings
Emergency fund
Savings regular
Savings
Total savings
Fixed expenses
Mortgage or rent
Property taxes
Loancredit card payment
Insurance
Other
Total fixed expenses
Variable expenses
Food
Utilities
Clothing
Transportation costs
Personal care
Medical and health care
Entertainment
Education
Giftsdonations
Miscellaneous
Other
Total variable expenses
Total expenses
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