Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You will create a basic personal budget (in excel). It must include all of the following elements. (you should not use any real financial info,

You will create a basic personal budget (in excel). It must include all of the following elements. (you should not use any real financial info, just sample numbers)

  1. Proper Heading: Enter name at the top of the spreadsheet
  2. Financial Content:
    • There should be a row for at least 1 type of income that include the budget, actual and difference.
    • There should be rows for at least 4 types of expenses that include the budget, actual and difference.
  3. Organized Layout: As well as the rows described above, there should be four columns as follows.
    • Description
    • Budget
    • Actual
    • Differences
  4. Use of Excel Formulas:
    • The 'Differences' column should have a formula for Budget vs. Actual for all income and expense rows.
    • The bottom row should have a formula total for Net Income for each numerical column: Budget, Actual and Difference.
  5. Formatting: There should be an attempt at formatting using borders, merged cells, text colors and/or cell fill colors.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

=+23. Advertising strategies EVPI.

Answered: 1 week ago

Question

Explain key approaches to implementing LMD

Answered: 1 week ago