Psychology assignment 4524
聽 Expenses Worksheet in Excel 聽 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. 聽 For this assignment you will use Microsoft Excel to develop a worksheet that details your personal expenses in at least six categories from the last three months. Some of these expense categories might include, but are not limited to Rent, Utilities, Phone, Food, Entertainment, Tuition, Childcare, Clothing, and Insurance.聽(These numbers may be fictitious.) 聽 Part 1: The Spreadsheet 聽 Begin by opening a new Microsoft Excel file. (You may use the template found here.) Use Rows 1 and 2 for a title. 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鈥檚 entries, create another column for totals for each category. Use a formula to calculate a total for each category of expense.聽 In the row below your last expense entry, create another row for the monthly totals of expenses. 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. 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.聽 聽 Please Note:While some calculations might be easy to do in your head or using a calculator鈥攎erely typing the answer into the appropriate cell鈥攖he point of this assignment is to get you accustomed to using formulas. In situations requiring frequently updated data or more complex calculations, Excel is a very powerful tool if you know how to use it. Your grade is based on your demonstrated ability to use the required formulas. Part 2: The Chart 聽 聽Create a chart using the numbers from your spreadsheet similar to the example below. 聽 聽 聽 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.聽 Click and drag your column chart into position below your spreadsheet. 聽 Suggested challenge for intermediate users: Add a row or rows detailing your income and subtract the total expenditures from the total income. 聽 Suggested challenge for advanced users: Use a formula, function, or combination of both to show your net gain or loss (income minus expenses summed over time) for the three-month period. 聽 聽 聽 路聽聽聽聽聽聽聽聽 Submitted an .xls file with a spreadsheet labeled and populated according to the directions. 聽 路聽聽聽聽聽聽聽聽 Included calculated totals for each month and each category. 聽 路聽聽聽聽聽聽聽聽 Included formulas to calculate each expense category’s percentage of the total expenditures. 聽 路聽聽聽聽聽聽聽聽 Formatted the worksheet by adjusting column widths and wrapping text, and by applying appropriate financial number formatting and cell styles. 聽 路聽聽聽聽聽聽聽聽 Included a column or聽bar graph comparing expenses for each month.USE BAR GRAPH 聽 路聽聽聽聽聽聽聽聽 Accurately portrayed numbers from the expenses spreadsheet in the chart. 聽 路聽聽聽聽聽聽聽聽 Formatted the chart for visual appeal. 聽 聽
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