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Jamie Lee is reviewing her finances one month later. She has provided the actual amounts paid below. Use the cash budget table below to
Jamie 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 "O" for any unused categories. Actual Amounts Income: Gross monthly salary Net monthly salary Savings allocation: Regular savings Rainy-day savings Entertainment: Cake decorating class Movies with friends Monthly expenses: $2,315 Rent obligation $1,740 Utilities/electricity Utilities/water $260 $130 $10 $130 Utilities/cable TV $155 $20 Food $160 $205 $90 Credit card payment $50 Car insurance Clothing $25 $75 $145 Gas/maintenance Budgeted Amounts Assets: Checking account Emergency fund savings account Car Computer & iPad Liabilities: Student loan Credit card balance Income: Gross monthly salary Net monthly salary Savings allocation: Regular savings Rainy day savings Monthly Expenses: $1,850 Rent obligation $225 $4,300 Utilities/electricity $75 $5,200 Utilities/water $35 $1,100 Utilities/cable TV $120 Food $115 $6,600 Gas/maintenance $1,000 Credit card payment Car insurance $95 $45 $45 $2,155 Clothing $45 $1,580 Entertainment: Cake decorating class $130 Movies with friends $90 $50 $20
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