budgeting\ncharlees personal budget\ncharlee started recording her expenses during her first month living by…

budgeting\ncharlees personal budget\ncharlee started recording her expenses during her first month living by herself, the table shows her budget and actual expenses at the end of the month.\nhow much was the difference in the \freelance\ income category?\ncategory description budgeted amount ($) actual amount ($) difference ($)\nincome salary 3,000 3,100 100\nincome freelance 500 450 -50\nhousing rent 1,000 1,000 0\nutilities electricity 60 55 5\nutilities water 40 45 -5\nutilities gas 30 28 2\nutilities internet 50 50 0\nfood groceries 300 320 -20

budgeting\ncharlees personal budget\ncharlee started recording her expenses during her first month living by herself, the table shows her budget and actual expenses at the end of the month.\nhow much was the difference in the \freelance\ income category?\ncategory description budgeted amount ($) actual amount ($) difference ($)\nincome salary 3,000 3,100 100\nincome freelance 500 450 -50\nhousing rent 1,000 1,000 0\nutilities electricity 60 55 5\nutilities water 40 45 -5\nutilities gas 30 28 2\nutilities internet 50 50 0\nfood groceries 300 320 -20

Answer

Explanation:

Step1: Identify relevant data

Budgeted amount for Freelance is $500, actual is $450.

Step2: Calculate difference

Difference = Actual - Budgeted = $450 - $500=-$50

Answer:

-$50