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Using an Excel sheet, Iist all your monthly incomes and expenses. Once you have identified all the items'
populate it with projected figures forthe month' You may also include any cash you may have in hand as an
opening balance.
Part B
At the end of the month, record actual income and expenses and compare them with the budgeted figures'
Analyse the results and write a brief report on how effectively you managed your budget and the measure you
may take to maintain it in the future.



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