Assignment: Expenses Worksheet in Excel
Before beginning this assignment, you should thoroughly review Excel Worksheets, Charts, Formulas, Functions, and Tables from your course textbook, Go! All in one: Computer concepts and applications.
For this assignment you will use Microsoft Excel to develop a worksheet that details your personal expenses in at least four categories from the last three months. Some of these expense categories might include, but are not limited to, Mortgage, Rent, Utilities, Phone, Food, Entertainment, Tuition, Childcare, Clothing, and Insurance. (These numbers may be fictitious.)
Part 1: The Spreadsheet
• Begin by opening a new Microsoft Excel file. (You may use the template found here.)
• Beginning in row 4, use column A to list your different expenses.
• Label the next three columns (B, C, D) for the past three months.
• Fill in the appropriate amount for each expense for each month.
• Beside the column with your third month's entries, create another column for totals for each category.
o Use a formula to calculate a total for each category of expense.
• In the row below your last expense entry, create another row for the monthly totals of expenses.
o Use a formula to calculate a total for each month of expenses.
• Beside the column add another column for calculating the percent of the budget for each expense category.
o Use a formula to calculate the percent that each expense category is of the total expenditures.
• Format the worksheet by adjusting column widths and wrapping text, and by applying appropriate financial number formatting and cell styles.
Part 2: The Chart
Below your table of monthly expenses, you will create a chart using the numbers from your spreadsheet similar to the example below.
• Open the Insert ribbon at the top of the screen.
• Click on a populated cell inside your spreadsheet, then, click on Column on the Insert ribbon. Select the style of column chart you like.
• Click and drag your column chart into position below your spreadsheet.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.