ABCDEFGHIJKLMNOPQRSTUVWXYZ
1
2022 BUDGET
2
EXPENSES
3
ExpensesJanuaryFebruaryMarchTotal
4
Rent3000300030009000
5
Car Payment15000150001500045000
6
Electric Bill1500200025006000
7
Telephone Bill1000120015003700
8
Internet Bill1299129912993897
9
Food2500280030008300
10
Gas30003500400010500
11
Total Expenses27299287993029986397
12
13
INCOME
14
INCOMEJanuaryFebruaryMarchTotal
15
Parents500005000050000150000
16
Part-time Job50006000700018000
17
Small Business10000150001800043000
18
Total Income650007100075000211000
19
20
BALANCE124603
21
INSTRUCTIONS
22
1. Ok, fill in the formulas to add up the expenses for each month (dark blue area). Fill in the sum for each expense as well (yellow area). You are free to use either formulas or functions to create these totals.
23
(Hint: If you are going to use a function, your best choice here would be the SUM function.)
24
25
2. Now, fill (right/down) the formulas to add up the income for each month as well as the total from each income source (green and light blue areas). If you used a straight formula for the last step, try using a function this time. And, if you used a function last time, then try using a straight formula this time.
26
3. Now finish off the calculations and subtract the expenses from the income for each month, that is, the purple cell minus the red cell. This calculation should be located in cell B20 (grey cell).
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100