Week 4 Project

I need help with a English question. All explanations and answers will be used to help me learn.

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First, in Excel spreadsheet create a budget to show Tom and Sally’s income, expenses, and money leftover each month (NET). Create formulas in your spreadsheet for your calculations using the following data: Tom brought home $1,000 a month for January, February, and March. Sally brought home $1,900, $2,000 and $1,975 respectively for those 3 months. They paid $1,000 for rent and utilities each month. They paid $88 for insurance each month. They paid $60 for cell phones and $60 for internet/tv each month. They spent $600, $750 (due to a big birthday bash), and $500 on food respectively. Their car payment and gas came to $225, $250, and $300 respectively. Entertainment and gifts were $75, $100, and $45 respectively. They paid a little extra on their credit card $150, $125, and $100 respectively. They allocated $200 each month for personal grooming and health care. They put $100 each month into savings. Miscellaneous Expenses came to $200, $100, and $400 respectively. Part 2 The Chart: Open another spreadsheet. Create a column chart to visually represent their monthly expenses. Add a descriptive title to the chart. Part 3: Copy everything from sheet 1 and paste it into a new worksheet. Change values for Sally’s March income to $200 more. The totals should change if you used the formulas correctly. Rename each of the 3 spreadsheets with descriptive names.

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