Mr Smiths Finances - Instructions

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  • 8/19/2019 Mr Smiths Finances - Instructions

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    Mr. Smith’s Finances

    Mr. Smith would like you to complete his fnances or him. He might teach ICT at Sri !"# $uthe needs a little support with his %&cel skills. This is where you come in' please complete toollowing tasks so that Mr. Smith can work out why he ne(er has any money at the end o the

    month.

    Task 1)lease start my making it o$(ious what the di*erent ta$les represent

    +. Make Mr. Smith’s Finances into a title $y increasing the si,e and changing the ont.-. Make column headings $old on each o the two ta$les and gi(e the cells a $ackground

    colour o your choice. Make the heading rows slightly wider $y changing the height o the row/. Make sure all the headings ft into the cell and can $e clearly seen0. 1dd a new row at row - and insert a heading or each ta$le# one o Income# one o

    Expenditurea. Merge the cells so that the headings ft across the whole ta$le# centre align the

    words Income and Expenditure.

    Task 21dd the ollowing transactions into the Income ta$le

    +. %ach week Mr. Smith spends some time tutoring students outside o school# he earns203 a week or this

    a. 1ssuming that the First o 1pril is a Tuesday# add 203 each Friday or the montho 1pril

    -. Mr. Smith has a we$site that earns him 2+3 a month in ad(ertising' please add thistransaction to the income ta$le.

    a. It will $e deposited at the end o the month

    Task 31dd the ollowing transactions into the Expenditure ta$le

    +. Mr. Smith has to fll up his car e(ery two weeks# please add 243 or petrol into thee&penditure ta$le on the 10/04/14 and 24/04/14

    -. He must pay his car loan o  £150 on the 11th day o each month. His student loan ees go out at the end o each month and cost £50/. To li(e comorta$ly in the cold o the "# Mr. Smith has to heat his house and will

    re5uire electricity and water please add the ollowing $ills to the e&penditure ta$lea. %lectricity# 203# -+63/6+/$. 7as# 243# +63/6+/c. 8ater# 2/3# +463/6+/

    0. 1s a lo(er o the Internet# Mr. Smith has the $est Internet connection on the market# hespends £40 a month which is taken e(ery 23rd day.

    9. Mr. Smith likes his co*ee# each week he will $uy a co*ee a day costing £2.50a. "sing a ormula# calculate his monthly co*ee spend and add this to the

    e&penditure ta$le on the last day o the month4. To keep in with his students# Mr. Smith $uys the latest computer games and will spend

    203 a month on the newest title. This month he has opted or 7T1 0 since he hasneeded to catch up or a long time. It cost the ull £50 and was purchased on the01/04/14

    :. To eat healthily# Mr. Smith spends £40 each eek  in the supermarket on ruit#(egeta$les and other not so healthy items. He goes shopping on a Thursday.

    ;. Mr. Smith pays or a clim$ing mem$ership !£30 per month" and a gym mem$ership!£50 per month"# each are charged on the 22/04/14.

    +3.Mr. Smith goes out with the teacher’s on a Friday ni$ht to cele$rate the end oanother week. He will spend £20 on a mea% and £20 on drinks. He also attends thelocal disco and has to pay £10 entry.

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    Task 41. 1dd together all the incomes and expenditures using a &'( )ormu%a-. In the description column ne&t to the total add the word Tota% and make it $old and

    underlined. Create a new ta$le under the income ta$le and display the net $alance o Mr. Smith’s

    accounta. Income ? %&penditure

    Extension 11. "se conditional ormatting to highlight the