SH1629

Laboratory Exercise
MS Excel for Business
Objectives:

At the end of the exercise, the students should be able to:

§ use MS Excel;
§ navigate tab functions of MS Excel;
§ encode information from paper worksheet to an electronic workbook; and
§ compute for the totals/balances using the features of MS Excel.

Materials:

§ Computer
§ MS Excel

Basic Principles:

· A spreadsheet comprises a grid of numbered rows and lettered columns intersecting in cells.
· A cell can contain either text or numbered values
· A spreadsheet consists of information written in tabular form; in other words, rows and/or columns of
figures and/or text. A series of data depicted horizontally is called a “row” while a series of data depicted
vertically is called a “column”. These data may consist of text, “raw” numbers or of calculated results.
· The primary objective of a spreadsheet is to keep a record of numerical information.
· Paper spreadsheets have limited functionality because they are static. Their practical application is
limited because of inflexibility.

Procedures:

1. Using your 02 Quiz 1, encode the mentioned typical paper spreadsheet on Excel.
a. Format “Personal Budget for the First Quarter” – Calibri, 11, Bold, Merge, and Center
from cell A1-E1
b. Format “Monthly Income (Net)” - Calibri, 11, Italic, Merge, and Center from cell A1-D1
c. Encode 1475 in cell E1, format Currency (Php), Bold
d. Format column width from cell A1-E1 by changing to 15.00 (110 pixels) each cell.
e. Format row height from cell A1-A13 by changing to 15.00 (20 pixels) each cell.
f. Encode EXPENSES on A4, January on B4, February on C4, March on D4, and Total
on E4, center alignment.
g. Encode Rent (on cell A5), Telephone (on cell A6), Utilities (on cell A7), Charge Cards
(on cell A8), Heating Oil (on cell A9), Auto Insurance (on cell A10), Cable TV (on cell
A11), Monthly Totals (on cell A12), Balance (on cell A13); align left.
h. Encode the peso values on each month:

02 Laboratory Exercise 1 *Property of STI

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 SH1629

2. Afterwards, using excel formulas, compute for:

Ø The monthly totals for each month, format Top and Bottom Border.
o January [=SUM(B5:B11)]
o February [=SUM(C5:C11)]
o March [=SUM(D5:D11)]

Ø Total for each expense

o Rent [=SUM(B5:D5)]
o Telephone [=SUM(B6:D6)]
o Utilities [=SUM(B7:D7)]
o Charge Cards [=SUM(B8:D8)]
o Heating Oil [=SUM(B9:D9)]
o Auto Insurance [=SUM(B10:D10)]
o Cable TV [=SUM(B11:D11)]

Ø Balance for each month, format Bottom Double Border.

o January [=E2-B12]
o February [=E2-C12]
o March [=E2-D12]

3. Save your work with filename; “02Lab_SURNAME”. Let the instructor collect the file by saving
it in the instructor’s flash drive.

Personal Budget for the First Quarter

Monthly Income (Net) Php1,475.00

EXPENSES January February March Total

Rent 600.00 600.00 600.00 1,800.00
Telephone 48.25 43.50 42.10 133.85
Utilities 67.27 75.92 62.89 206.08
Charge Cards 200.00 110.00 70.00 380.00
Heating Oil 125.52 150.57 50.32 326.41
Auto Insurance 150.00 0.00 0.00 150.00
Cable TV 30.25 30.25 30.25 90.75
Monthly Totals 1,221.29 1,010.24 855.56
Balance 253.71 464.76 619.44

02 Laboratory Exercise 1 *Property of STI

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