0% found this document useful (0 votes)
27 views4 pages

Monthly Expense Tracking in Excel

This document provides step-by-step directions for completing an Excel exercise. The directions guide the user to format cells, enter formulas to calculate totals and percentages, and fill cells with a series. Key steps include merging and centering a title, adding labels and formatting rows, entering SUM and AVERAGE formulas, and using absolute references to copy formulas down a column without changing the reference cell. The user is instructed to save and submit the completed file.

Uploaded by

api-381301568
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
27 views4 pages

Monthly Expense Tracking in Excel

This document provides step-by-step directions for completing an Excel exercise. The directions guide the user to format cells, enter formulas to calculate totals and percentages, and fill cells with a series. Key steps include merging and centering a title, adding labels and formatting rows, entering SUM and AVERAGE formulas, and using absolute references to copy formulas down a column without changing the reference cell. The user is instructed to save and submit the completed file.

Uploaded by

api-381301568
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

jiale lyu

January February March


0 0.0%
Auto Loan 346.88 346.88 346.88 1040.64 19.5%
Car insurance 180.43 180.43 180.43 541.29 10.2%
Cell phone 80.73 56.78 110.52 248.03 4.7%
Entertainment 100 100 400 600 11.3%
Food 150 150 150 450 8.4%
Housing 425 425 425 1275 23.9%
Internet 40 40 40 120 2.3%
Medical 118 118 118 354 6.6%
Miscellaneous 500 100 100 700 13.1%
Tuition 2600
1941.04 1517.09 1870.83 5328.96
Monthly Totals
1776.32
Average Monthly Expenses

Directions For Excel Exercise # 1


Step 1 Click on A1 and then click on the text in the Formula bar to type in your name and press Enter.
Step 2 Select A1 to F1, merge these cells together using the Merge and Center button in the Alignment
Step 3 With A1 still as the Active Cell, change the font and/or the font size to something bigger.
Increase the "white space" around the title by increasing the height of row 1 a bit by either dragg
labels for row 1 and 2. The height will be shown in the tool tip in both POINTS and PIXELS. An a
Step 4
on the row 1 label and choose Row Height. In this case the height will only be shown in POINTS.
unimportant.
Step 5 In B2 type January
Step 6 With the Active Cell still B2, drag the Fill Series handle to cells to the right to automatically type F
Click on F2 to make it the Active Cell. The Home tab should still be visible so in the Alignment gro
Step 7
button.
Also in the Alignment group, click the Bottom Align button in the top row of buttons in the group. (
Step 8
tool tip will pop up and tell you which button is which.)
Step 9 Make the same formatting choices for both E2 and A16.
Increase the width of column A enough to see the full expense category labels in A3 to A14 by an
Step 10 the border between the labels for column A and B to the right OR right-click on the column A labe
you can automatically size a column (or row) by double-clicking the right (or bottom) border.
Step 11 In cell E3 type in the formula: =SUM(B3:D3) and press enter
Step 12 Click on E3 again to make it the Active Cell and then use the Fill Series handle to drag down to E
Step 13 In B14 type the formula: =SUM(B3:B12) and press enter
Step 14 Click on B14 again to make it the Active Cell and then drag the Fill Series handle to the right to c
Step 15 In B16 type the formula: =AVERAGE(B14:D14) and press enter
Step 16 In F3 type the formula: =E3/E14 and press enter
Click on F3 again and then in the Number group under the Home tab click on the Percentage bu
Step 17
Decimal button so the cell is formatted to show numbers to one tenth of a percent.
Step 18 With the Active Cell still F3, drag the Fill Series handle down to row 12.
You know see a series of error messages of #DIV/0 which means division by zero. The problem i
Step 19
the divisor down to blank cells so we have to tell it to use the same divisor all the time.
Click on F3 again and edit the formula to read: =E3/$E$14 and press enter. The dollar sign is use
Step 20 ABSOLUTE ADDRESSES meaning those cell references in a formula will not change when the F
is copied to another location
Step 21 Now, click on F3 again and drag the fill series handle down to row 12.
Step 22 Save this file on your USB drive using the file name of ExcelExercise1_YourName.xls
Step 23 Go into the Excel folder in the Assignment section of Blackboard and turn in this file.
cise # 1
n your name and press Enter.
Center button in the Alignment group under the Home tab.
ze to something bigger.
ght of row 1 a bit by either dragging the border between the
both POINTS and PIXELS. An alternate method is to right-click
ht will only be shown in POINTS. The exact amount is

the right to automatically type February and March


be visible so in the Alignment group click on the Wrap Text

top row of buttons in the group. (If you hover over the buttons the

ategory labels in A3 to A14 by any of these methods: dragging


R right-click on the column A label and choose Column Width OR
he right (or bottom) border.

Series handle to drag down to E12

Fill Series handle to the right to column E

e tab click on the Percentage button and then the Increase


enth of a percent.
ow 12.
s division by zero. The problem is the fill series handle adjusted
me divisor all the time.
press enter. The dollar sign is used in Excel formulas to refer to
rmula will not change when the Fill Series handle is used or a cell

w 12.
rcise1_YourName.xls
and turn in this file.

You might also like