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I need assistance with understanding how to do each step for this sheet Project 01 - Your Personal Budget Instructions: (Each step =3 pts. unless

image text in transcribed I need assistance with understanding how to do each step for this sheet

Project 01 - Your Personal Budget Instructions: (Each step =3 pts. unless otherwise noted) At some point, a person must establish a monthly budget for the purpose of ensuring that money is available for expenses. The purpose of this exercise is to establish preliminary 1. Consider the listed expenditures. This is not an all-inclusive list. Each person's budget items and create a workable template for future use. circumstances differ, so insert and/or delete rows to include all of your personal expenditures. You may need to budget money for internet, cable, restaurant meals, groceries, clothing, dry cleaning, entertainment, etc. Or if one is currently living with parents, one may not yet have a mortgage or rent or other expenditures on this list. But you must add/delete at least two items for the given list, so adjust this list to fit your current lifestyle. 2. Widen each column to an appropriate width so that all information can be viewed. Use the AutoFit feature. 3. Format the column headings of the table with bold text and shading with a fill color of your choice. 4. Insert a row and create a descriptive title for your table of data. Format the title, with enlarged and bold font. Then merge the appropriate columns. Format the merged cells with a fill color of your choice. 5. Enter the amount that you plan to budget for each item in your table. Format this data as currency. 6. Add a row at the bottom of the table. In Column B, enter "TOTAL" in bold font. 7. Use the SUM function to calculate the total of all budgeted amounts in column C. The result should be displayed at the bottom of your list in Column C, on the same row as "TOTAL" and in currency format. 8. Using your first budgeted expenditure in Column C, enter an Excel formula in its adjacent cell in Column D that will calculate the expendi 9. Use Excel's AutoFill feature to complete those calculations in Column D for the remaining expenditures. 10. Use the SUM function to calculate the total of all percentages in column D. The result should be displayed at the bottom of your list in Column D, on the same row

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