Question: Create an Excel workbook with a budget for a personal finance situation. Include sources of income, expenses, and savings. You can use your own, a

Create an Excel workbook with a budget for a personal finance situation. Include sources of income, expenses, and savings. You can use your own, a client, or a fictional situation.

Column 1- Budgeted amounts
Column 2- Actual amounts
Column 3- Variances from budget to actual
Column 4- Is the variance favorable or unfavorable?

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