Part 1: The Spreadsheet\tM3: Assignment 2 Expenses Worksheet in Excel\tBegin by opening a new Microsoft Excel file. (You may use the template found here.) Save it as LastnameFirstInitial_M3_A2\tUse Rows 1 and 2 for a title.\tBeginning in row 4, use column A to list your different expenses.\tLabel the next three columns (B, C, D) for the past three months.\tFill in the appropriate amount for each expense for each month.\tBeside the column with your third month’s entries, create another column for totals for each category.\tUse a formula to calculate a total for each category of expense.\tIn 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.\tBeside the column add another column for calculating the percent of the budget for each expense category.\tUse 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.\tPlease Note: While some calculations might be easy to do in your head or using a calculator”\ufffdmerely typing the answer into the appropriate cell”\ufffdthe 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.\tPart 2: The Chart\tBelow your table of monthly expenses, you will create a chart using the numbers from your spreadsheet similar to the example below.\tOpen the Insert ribbon at the top of the screen.\tClick on a populated cell inside your spreadsheet, then, click on Column on the Insert ribbon. Select the style of column chart you like.\tClick and drag your column chart into position below your spreadsheet.\tSave your file as LastnameFirstinitial_M3_A2.xls. Submit this document to the M3: Assignment 2 Dropbox by Tuesday, July 1, 2014.\tSuggested challenge for intermediate users: Add a row or rows detailing your income and subtract the total expenditures from the total income.\tSuggested 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”\ufffdmonth period.<\/p>\n","protected":false},"excerpt":{"rendered":"
Part 1: The Spreadsheet M3: Assignment 2 Expenses Worksheet in Excel Begin by opening a new Microsoft Excel file. (You may use the template found here.) Save it as LastnameFirstInitial_M3_A2 Use Rows 1 and 2 for a title. Beginning in Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-208910","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/208910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=208910"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/208910\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=208910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=208910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=208910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}