Final answer:
When preparing a budgetary comparison schedule, the amounts in the actual column reflect the actual financial activity, comparing it with the original and adjusted budget to show variances and help in decision-making.
Step-by-step explanation:
When preparing a budgetary comparison schedule, amounts in the actual column are to be reported on the basis of the actual financial activity that has occurred.
This means recording the actual revenues earned and the actual expenditures made within the reporting period.
The schedule typically compares the original budgeted amounts, adjusted budget amounts, and the actual amounts to give a snapshot of how well the entity adhered to its financial plan.
This comparison allows stakeholders to see variances between what was planned and what actually transpired, enabling them to make more informed decisions moving forward.