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Which of the answer choices describes Monica's budget?

Monica's Budget
Income $655 Fixed Expenses
Living Expenses Rent $200
Electric $45 Contingency $20
Transportation $78 Annual Expenses
Food $190 Car Insurance $945
Entertainment $30 Books $280

It is in deficit.

It is balanced.

It is in surplus.

HELP ASAP!!!!!!!!!!!!THIS IS QUESTION 43

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harryjennb

Answer:

It is in deficit.

Step-by-step explanation:

I got it right on the test

Answer:

It is in deficit

Step-by-step explanation:

If you take her income (655) and subtract all of the expenses, including adding the annual expenses together and dividing them by 12 months, the result would be negative.

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