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3frbud12.p 05.18.02.00.1101016835Marshall Independent School District BUDGETED/EXPENDED COMPARISON SUMMARY FUND 240 (Date: 5/2018)9:38 AM 06/07/18 PAGE: 1ORIGINALREVISEDEXPENDEDENCUMBEREDUNENCUMBERED201718BUDGETBUDGETEXPENDEDMTDAMOUNTBALANCEFY
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How to fill out budgetedexpended comparison summary

How to fill out budgetedexpended comparison summary
01
Step 1: Start by gathering all the necessary financial information, including the budgeted amounts and the actual expended amounts.
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Step 2: Create a table or spreadsheet to organize the data.
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Step 3: List out each expense category in separate rows.
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Step 4: In the first column, label it as 'Expense Category'.
05
Step 5: In the second column, label it as 'Budgeted Amount'.
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Step 6: In the third column, label it as 'Expended Amount'.
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Step 7: Fill in the budgeted amounts for each expense category in the second column.
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Step 8: Fill in the actual expended amounts for each expense category in the third column.
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Step 9: Calculate the difference between the budgeted amount and the expended amount for each expense category.
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Step 10: Add a new column labeled as 'Difference'.
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Step 11: Subtract the expended amount from the budgeted amount and enter the result in the 'Difference' column.
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Step 12: Analyze the data to identify any significant discrepancies between the budgeted and expended amounts.
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Step 13: Use the budgetedexpended comparison summary to make informed financial decisions and take corrective actions if necessary.
Who needs budgetedexpended comparison summary?
01
Businesses and organizations that want to track their budgeted amounts versus the actual expenditures can benefit from the budgetedexpended comparison summary.
02
Financial managers and accountants who need to monitor and analyze financial performance also find the summary useful.
03
Individuals who want to keep track of their personal finances and compare it to their budgeted amounts can also use the budgetedexpended comparison summary.
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What is budgetedexpended comparison summary?
Budgetedexpended comparison summary is a report that shows the comparison between the budgeted amounts and the actual expenditures for a specific time period.
Who is required to file budgetedexpended comparison summary?
Organizations, companies, or individuals who have a budget and need to track their actual expenses are required to file budgetedexpended comparison summary.
How to fill out budgetedexpended comparison summary?
To fill out a budgetedexpended comparison summary, you need to list all budgeted amounts, actual expenses, and calculate the differences between the two.
What is the purpose of budgetedexpended comparison summary?
The purpose of budgetedexpended comparison summary is to evaluate how well expenses align with the planned budget and identify any areas of overspending or underutilization of funds.
What information must be reported on budgetedexpended comparison summary?
The information that must be reported on budgetedexpended comparison summary includes budgeted amounts, actual expenses, the differences between them, and any notes or explanations for significant discrepancies.
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