TAFE NSW

Western
Sydney
Institute

19734 Certificate IV

CPC40110 Certificate IV im Building

and Construction (Building)

BSBSMB406A Manage Small

Business Finance

Assessment 2 LA017617
This assignment relates to element 1: Prepare and
implement a financial plan including budgets and
cash flow forecasts

Do not PDF or password protect your spreadsheet

Exercise A1
Student Name Student No.
Using the table provided, for each of the following transactions;
 
Name the ledger accounts affected, and for each account; state the type of account (A, L, P, R or E)

State whether the account increases or decreases as a result of the transaction (use Inc or Dec)

Enter the appropriate amounts in the debit (DR) and credit (CR) columns
 
(a) You buy some plant and equipment from ABC Ltd. for $1400 on credit with payment due within 30
days.
 
(b) You are paying the telephone account ($87).
 
(c) You buy a motor vehicle for $30,000 with a cash payment of ten per cent ($3000) and the balance of
$27,000 through NRMA Finance Ltd.
(There are three accounts affected here).
 
(d) The bank charges you a fee for services it provides - $15.
 
(e) You are pay $500 off the loan from NRMA Finance Ltd.
 
(f) You pay for your builder's licence with a cheque for $550.
 
(g) You pay your account with Hardware and General Building Supplies and receive a five per cent
discount. The total account owing was $2500?
(There are three accounts affected here).

A/C TYPE
TRANS- Inc
ACTION ACCOUNTS AFFECTED (A,L,P,R,E) OR DR CR
Dec

a) Plant and equipment A Inc 1,400.00

Creditor: ABC Ltd. L Inc 1,400.00
b) Telephone E Inc 87.00
Cash A Dec 87.00
c) Motor Vehicles A Inc 30,000.00
Cash A Dec 3,000.00
Loan - NRMA L Inc 27,000.00
d) Bank fees E Inc 15.00
Cash A Dec 15.00
e) Loan - NRMA L Dec 500.00
Cash A Dec 500.00
f) Licence E Inc 550.00
Cash A Dec 550.00
g) Accounts Payable - HGBS L Dec 2,500.00
Discount R Inc 125.00
Cash A Dec 2,375.00
Exercise A2
Student Name 0 Student No 0
### Enter the following transactions into the journals provided.

DATE AMOUNT

Jun-01 Credit sale to A. Bloke (Inv # 001) $2,800

2 Credit purchase from A. Supplier $1,300
3 Payment of phone bill (Chq. # 991) $1,500
4 Credit sale to A. Debtor (Inv # 002) $2,700
5 Payment of wages (Chq. # 992) $1,600
6 Receive payment from A. Bloke (Receipt # 11) $2,300
7 Paid amount owing to A. Supplier (Chq # 993) $1,200
8 Credit purchase from A. Supplier $2,500
9 Receipt of payment from A. Debtor (Receipt # 12) $500

Purchases journal -
A. Trader
PJ1

Purchases /Job expense Sundries

Invoice Particulars / control Accounts
Date Number Creditor Folio Payable
No. Amount Accounts Amount
2-Jun A. Supplier 1300.00 1300.00
8-Jun A. Supplier 2500.00 2500.00

Sales journal - A.
Trader
SJ1

Sales / Job income control Sundries Accounts

Invoice
Date Number Particulars / Debtor Folio
receivable
No. Amount Accounts Amount
1-Jun 1 A. Bloke 2800.00 2800.00
4-Jun 2 A. Debtor 2700.00 2700.00
 Exercise A2 Page 2
Cash payments journal - A. Trader
CP1

Cheque Discount Accounts Sundries

Date Particulars / Payee Folio Bank
Number received Payable
Accounts Amount
3-Jun 991 Telstra Phone 1500.00 1500.00
5-Jun 992 Wages Expenses 1600.00 1600.00
7-Jun 993 A. Supplier 1,200.00 Expenses 1200.00

4300.00

Cash receipts journal - A. Trader

CR1

Receipt Discount Accounts Sundries Amount

Date Number Particulars / Debtor Folio allowed Receivable Bank
Accounts Amount
6-Jun 11 A. Bloke 2300
9-Jun 12 A. Debtor 500.00
2800.00

Note : assume the banking is done on June 9.

 
 
2 a) Show the postings which will be made from the above journals to the cash at bank account in the
general ledger ?
. Type your answer here
  Cash Payments Journal = $4300 (credit)
Cash Receipts Journal = $2800 (debit)

.
 

 
 
b) Show the postings which will be made to the debtors control account?
  Type your answer here = Sales Journal $5500, Cash Receipts Journal = $2800
 3 a) Summarise the debit and credit postings to the general ledger from the cash payments journal of Wharf
Security Doors below

Exercise A2 Page 3
Cash payments journal - Wharf Security Doors
CP1

Particulars / Discount
Date Cheque Folio Accounts Sundries Bank
Payee received
No. payable
Accounts Amount
20X4 $ $ $

Dec-11 176 Wages Wages 520.00 520.00

177 P Eckford 30.00 880.00 880.00
178 Wages and Wages 520.00
drawings Drawings 750.00 1,270.00
15 179 Board Cars 18,000.00 18,000.00
17 180 M Scaton 80.00 1,200.00 1,200.00
19 181 Petty cash Fares 28.00
recoupment Postage 32.00
Courier 35.00
MV Exp 42.00 137.00
21 182 Wages Wages 520.00 520.00
25 183 V Patch 20.00 580.00 580.00
130.00 20,660.00 2,447.00 23,107.00
CR DR DR CR

General ledger accounts

Account Name Debit Credit
Fares $ 28.00
Postage $ 32.00
Courier $ 35.00
MV Expenses $ 42.00
Wages $ 1,560.00
Drawings $ 750.00
Accounts Payable $ 20,660.00
Accounts Payable $ 130.00
Discounts $ 130.00
Bank $ 23,107.00

b) Which subsidiary ledger/s will be affected when posting this cash payments journal?

 Type your answer here: accounts payable

c) Which individual accounts within that ledger will be affected and what are the amounts of each
posting?

Account Name Amount

P. Eckford $ 910.00
Board Cars $ 18,000.00
M Scaton $ 1,280.00
V Patch $ 600.00
Exercise A3
Student Name Student No.
From the records of D. & R. Doknotno provided, you are required to:

Update the cash receipts and cash payments journals for the month of March;

Complete the bank account in the general ledger;

Prepare a bank reconciliation, as at 31 March 2012

Bank reconciliation - D & R Doknotno

as at 29 February 2012
$
Balance as per bank statement (CR) 1250
Add Outstanding deposits 790
2,040
Less Unpresented cheques

8136 320
8155 70
8169 42
8179 540
8181 420
8182 222
8183 2,700 4,314
Cr Balance of general ledger bank account (overdraft) -2,274

Cash payments journal

CP1 D and R Doknotno
2012 $
Mar-05 8184 Peter Brown $1,200.00
7 8185 Joan River $1,400.00
9 8186 Apple Pty Ltd $700.00
10 8187 Rite Industries $350.00
13 8188 Stationery Tab and Co $200.00
15 8189 Uncle Petes $2,800.00
17 8190 Union Co $450.00
8191 Brown Manufacturing Co $900.00
19 8192 John Craft $1,250.00
22 8193 Peter Bland $240.00
24 8194 Rabbit Const $760.00
26 8195 Amy Roberts $1,250.00
8196 Craig Thompson $210.00

$11,710.00

Cash receipts journal Exercise A3 Page 2

CR1 D and R Doknotno
2012 Receipt No. $
Mar-01 4321 Alicon Rose $3,600.00
8 4322 Jim Burke $2,150.00
15 4323 Rosie Blue $3,900.00
22 4324 Tuck Roberts $1,500.00
29 4325 Craig Lim $2,900.00

$14,050.00

Statement of account
Turimetta Banking Corporation
Turimetta SA 2102
Mr and Mrs D and R Doknotno Account number 143962
64 Slip Street Folio 127
MONA VALE NSW 2250 Account name
D. K. and R.N. Doknotno

Date Particulars Debit Credit Balance

2012
1-Mar Balance forward $1,250.00
1-Mar Deposit $790.00 $2,040.00
1-Mar 8136 $320.00 $1,720.00
3-Mar Deposit $3,600.00 $5,320.00
6-Mar 8184 $1,200.00 $4,120.00
7-Mar 8179 $540.00 $3,580.00
8-Mar 8155 $70.00 $3,510.00
10-Mar Deposit $2,150.00 $5,660.00
10-Mar 8183 $2,700.00 $2,960.00
10-Mar 8185 $1,400.00 $1,560.00
14-Mar 8181 $420.00 $1,140.00
15-Mar FID charge $5.00 $1,135.00
17-Mar Deposit $3,900.00 $5,035.00
17-Mar 8188 $200.00 $4,835.00
17-Mar 8189 $2,800.00 $2,035.00
19-Mar Dish chq - C Dunn $2,150.00 -$115.00
19-Mar Govt debits tax $5.00 -$120.00
19-Mar 8187 $350.00 -$470.00
22-Mar 8191 $900.00 -$1,370.00
23-Mar 8190 $450.00 -$1,820.00
24-Mar Deposit $1,500.00 -$320.00
24-Mar 8192 $1,250.00 -$1,570.00
25-Mar Div received $2,750.00 $1,180.00
27-Mar 8193 $240.00 $940.00
29-Mar 8194 $760.00 $180.00
31-Mar Fee $30.00 $150.00
Exercise A3 Page 3

D and R Doknotno
General Ledger
Bank
2012 $ $

31/03/2012
$14,050.00 1 Mar Balance (overdraft) b/d -$2,274.00
Receipts
31/3/2012 Payments $11,710.00
Balance c/d $66.00
1-Apr-12 $14,050.00 $14,050.00
$66.00

Balance of general ledger bank account -2,274.00

+ Cash receipts 14,050.00
- Cash payments 11,710.00
66.00

D and R Doknotno
Bank reconciliation
as at 31 March, 2012
$ $
Credit balance as per bank statement 150.00
Add Outstanding deposit (31 March) -
Less 150.00
Unpresented cheques
No.

8169 42.00
8182 222.00
8186 700.00
8195 1,250.00
8196 210.00 2,424.00
Debit balance of general ledger bank account - 2,274.00
Exercise B1
Student Name 0 Student No 0

1 What is a cash flow?

Type your answer here: a summary of cash flow in (positive) and out (negative) of
the business over a period pf time.

2 Comment on this statement: “Profitability and cash flow can be the same amount
for a period.”
Type your answer here: this is incorrect. Cash flow is the cash in and out of the business.
Cash in - cash out = net cash flow. Profitability is income and expenses of the business.
When expenses are subtracted from income the result is profit or loss.

3 Complete the following table, indicating whether each transaction occurring in

January will directly affect liquidity, profitability or both for the month of January.
The first transaction has already been done as an example.

direct effect on

January January
transactions in january
profit cashflows

Buy materials with cash. X X

Borrow money from the bank. X
Sell Goods for cash. X X
Perform odd job for payment by cash. X X
Repay creditor for December credit purchases X
Receive payment from debtor for Dec. credit sales X
Pay wages for January X X
Perform job on credit X
Owner invests funds into business X
Purchase materials on credit X
Owner withdraws funds from business X
Buy plant and equipment for cash X
Pay sub-contractor for work performed in Jan. X X
Exercise B2
Student Name 0 Student No. 0

The following questions relate to the cash flow forecast of M Howard (presented below).
M Howard
Cash flow Forecast
for the six months ending June 30 2012

Jan Feb Mar Apr May June TOTAL

$ $ $ $ $ $ $

Progress payments $8,000 $21,000 $29,000 $6,000 $35,000 $21,000 $120,000

Other income $7,000 $7,000

TOTAL CASH IN (A) $8,000 $21,000 $29,000 $6,000 $42,000 $21,000 $127,000

Expenses $6,000 $18,000 $12,000 $21,000 $17,000 $13,000 $87,000

Asset purchase $12,000 $12,000

TOTAL CASH OUT (B) $6,000 $18,000 $12,000 $33,000 $17,000 $13,000 $99,000

NET CASHFLOW (C) $2,000 $3,000 $17,000 -$27,000 $25,000 $8,000 $28,000

OPENING bank bal. (D) -$18,000 -$16,000 -$13,000 $4,000 -$23,000 $2,000 -$18,000

CLOSING bank bal. (E) -$16,000 -$13,000 $4,000 -$23,000 $2,000 $10,000 $10,000
Exercise B2 Page 2

The following questions relate to the cash flow forecast of M Howard (presented below).
You should be able to answer the following questions by referring directly to the cash flow forecast.
a) Which period of time do the cash flows relate to?
Type your answer here: 1 June 2012 to 30 June 2012
 

b) What is the opening cash balance for January?

Type your answer here: -$18,000 (overdraft)

c) What is the expected net cash flow for January?

Type your answer here.: $2000

d) What is the expected closing cash/bank balance for January?

Type your answer here: -$16,000

e) What is the expected opening bank balance for February?

Type your answer here: -$16, 000

f) What is the expected net cash flow for the entire six month period?
.Type your answer here: $28,000

g) What is the expected closing bank balance at the end of the six month period?
Type your answer here: $10, 000

h) What profit is expected for the six month period?

Type your answer here: as this is a cash flow forecast we are unable to get an accurate profit
amount without the income and expenses.
Type your answer here: as this is a cash flow forecast we are unable to get an accurate profit
amount without the income and expenses.
Exercise B3
Student Name 0 Student No. 0
Complete the cash flow forecast of A. Green for the six months to June 30 1996.
Individual cash inflows and outflows have already been estimated and entered into the cash flow forecast.
Also, the first months calculations have been completed and the closing balance for January has been
copied to the opening balance for February.
The bank balance at 1 Jan 1996 is $15,000.

A Green
Cashflow Forecast
for the six months ending June 30 2012

Jan Feb Mar Apr May June TOTAL

$ $ $ $ $ $ $
Progress payments $1,300 $15,000 $18,000 $16,500 $12,500 $11,000 $74,300
Other income $120 $2,500 $950 $1,800 $1,500 $6,870

TOTAL CASH IN (A) $1,420 $17,500 $18,950 $16,500 $14,300 $12,500 $81,170

Expenses $4,500 $8,000 $12,000 $4,000 $7,500 $3,000 $39,000

Asset purchase $1,200 $3,500 $6,500 $11,200

TOTAL CASH OUT (B) $5,700 $8,000 $15,500 $4,000 $7,500 $9,500 $50,200

NET CASHFLOW (C) -$4,280 $9,500 $3,450 $12,500 $6,800 $3,000 $30,970
OPENING bank bal. (D) $15,000 $10,720 $20,220 $23,670 $36,170 $42,970 $15,000

CLOSING bank bal. (E) $10,720 $20,220 $23,670 $36,170 $42,970 $45,970 $45,970

You should use your ‘total’ column to check the accuracy of your calculations, at each stage of
the equation.
For example, ‘total cash in’ for the six months ($81 170) is shown in the total column as the sum
of all progress payments ($74,300) plus all other income ($6,870).
This total of $81,170 can be confirmed by adding up the all the monthly total cash inflows, which
should produce the same answer.
If a different answer is found, you will need to re-check your calculations. This checking process
should also be used to check total cash outflows, and total net cashflow.
However, the same method does not apply to the bottom two rows which show opening and
closing bank balances.
As indicated previously, the opening balance for the ‘total’ period will be the opening balance at
the start of the first month, and the closing balance for the ‘total’ period should be the same as
the closing balance for the last month.
Exercise B4
Student Name 0 Student No. 0

Using the following estimates (for the business of B. Black), complete a cash flow forecast for the six m
30

$ $ $ $
OPERATING EXPENSES 12,000 9,000 7,500 12,500
PROGRESS PAYMENTS 14,000 11,000 12,000 16,000

Operating expenses are payable as they occur.

Other job income is estimated at $1,800 per month.

During March the business will borrow $15,000 cash from the bank.

Administration overheads are expected to be $3,300 per monthand they are payable as they occur.

$8,500 tax will be paid in February and $3,500 will be spent on a computer in June.

The bank balance as at 1 January is $21,000

B Black
Cash flow Forecast
for the six months ending June 30
Jan Feb Mar Apr May
$ $ $ $ $
Progress payments $ 14,000.00 $ 11,000.00 $ 12,000.00 $ 16,000.00 $ 18,500.00
Other Job income $1,800.00 $1,800.00 $1,800.00 $1,800.00 $1,800.00
Other inflows $15,000.00

TOTAL CASH IN $15,800.00 $12,800.00 $28,800.00 $17,800.00 $20,300.00

Operating Expenses
Overhead Expenses $3,300.00 $3,300.00 $3,300.00 $3,300.00 $3,300.00
Other Outflows $8,200.00

TOTAL CASH OUT $3,300.00 $11,500.00 $3,300.00 $3,300.00 $3,300.00

NET CASHFLOW $12,500.00 $1,300.00 $25,500.00 $14,500.00 $17,000.00

OPENING bank balance $21,000.00 $33,500.00 $34,800.00 $60,300.00 $74,800.00

CLOSING bank balance $33,500.00 $34,800.00 $60,300.00 $74,800.00 $91,800.00

Exercise B4 Page 2
Your report; Type your answer here.

Period of business trading is from 1/1/2012 to the 30/6/2012. The business openi
balance on the 1/1/2012 is $21,000. There is a net cashflow of $76,800 for the 6 m
period.

There is growth each month as there is no overdraft and the business will have a
bank balance of $97,800 as at 30/6/2012. There is a positive cash flow forecast m
business is liquid.
Black), complete a cash flow forecast for the six months to June

$ $
15,000 8,000
18,500 11,000

rom the bank.

per monthand they are payable as they occur.

spent on a computer in June.

June TOTAL
$ $
$ 11,000.00 $ 82,500.00
$1,800.00 $10,800.00
$ 15,000.00

$12,800.00 $108,300.00

$3,300.00 $19,800.00
$3,500.00 $11,700.00

$6,800.00 $31,500.00

$6,000.00 $76,800.00
$91,800.00 $21,000.00

$97,800.00 $97,800.00
012 to the 30/6/2012. The business opening bank
e is a net cashflow of $76,800 for the 6 month

no overdraft and the business will have a closing

There is a positive cash flow forecast meaning the
Exercise B5
Student Name 0 Student No. 0

Using the following estimates (for the business of A. White), complete a cash flow forecast for the six
months to June 30

Jan Feb Mar Apr May June

OPERATING EXPENSES 7,500 6,000 6,500 10,500 13,500 9,000
PROGRESS PAYMENTS 16,500 12,000 19,500 15,000 14,500 12,500

Operating expenses are payable as they occur.

 
Other job income is estimated at $2,500 per month.

During March, the owner will inject $15,000 cash into the business.

Administration overheads are expected to be $1,200 per month and are payable as they occur.

In April, $56,000 will be used to purchase a new truck.

The bank balance at 1 Jan 2012 is $3,200

A White
Cash flow Forecast
for the six months ending June 30

Jan Feb Mar Apr May June TOTAL

$ $ $ $ $ $ $
Progress payments $16,500.00 $12,000.00 $19,500.00 $15,000.00 $14,500.00 $12,500.00 $90,000.00
Other Job income $2,500.00 $2,500.00 $2,500.00 $2,500.00 $2,500.00 $2,500.00 $15,000.00
Other inflows $15,000.00 $ 15,000.00

TOTAL CASH IN $19,000.00 $14,500.00 $37,000.00 $17,500.00 $17,000.00 $15,000.00 $120,000.00

Operating Expenses $7,500.00 $6,000.00 $6,500.00 $10,500.00 $13,500.00 $9,000.00 $53,000.00
Overhead Expenses $1,200.00 $1,200.00 $1,200.00 $1,200.00 $1,200.00 $1,200.00 $7,200.00
Other Outflows $56,000.00 $56,000.00

TOTAL CASH OUT $8,700.00 $7,200.00 $7,700.00 $67,700.00 $14,700.00 $10,200.00 $116,200.00

NET CASHFLOW $10,300.00 $7,300.00 $29,300.00 -$50,200.00 $2,300.00 $4,800.00 $3,800.00

OPENING bank balance $3,200.00 $13,500.00 $20,800.00 $50,100.00 -$100.00 $2,200.00 $3,200.00

CLOSING bank balance $13,500.00 $20,800.00 $50,100.00 -$100.00 $2,200.00 $7,000.00 $7,000.00
Exercise B5 Page 2

Your report: Type your answer here.

Period of business trading is from 1/1/2012 to the 30/6/2012. The business opening bank balance on the 1/1/2012 is
$3,200. There is a net cashflow of $3,800 for the 6 month period.
There is growth in 5 out of 6 months with an overdraft of $100 in April. The business will have a closing bank balance of
$7,000 as at 30/6/2012. There is a positive cash flow forecast meaning the business is liquid.
To reduce the overdraft in April, maybe the truck could be purchased later in the year.
Exercise B6
Student Name 0 Student No. 0
D Bates is a sub-contractor who wants to prepare a cash flow budget for the year ending 31 December 2012. He
estimates his sales for the period as follows:

Actual Budget Estimates

Month Dec (last yr) Jan Feb March April May June July Aug Sept Oct
Forecast Sales $ 18,000 12,000 14,000 22,000 25,000 21,000 35,000 26,000 Nil 12,000 25,000

Other information

All sales are made on the following basis:

70% payable on invoice date

30% payable one month later.

He earns other minor income of $450 per month for all months except August.

From past experience, he estimates that operating expenses will total 55% of all monthly sales, payable one month after the month’s sales.

He has an income tax assessment to pay in July of $19,000.

His motor vehicle repayments are $1,300 per month.

He has decided to take one month’s holiday in August (i.e. no sales income earned during August).

His administration overheads average $1,200 per month, except September when they are expected to be $2,500.

His existing bank overdraft on January 1, is $12,000.

Required

Draw up a cash flow forecast for the twelve month period using the worksheet provided below
.
Exercise B6 Page 2 $ 12,000.00 $ 14,000.00 $ 22,000.00 $ 25,000.00 $ 21,000.00 $ 35,000.00 $ 26,000.00 $ - $ 12,000.00 $ 25,000.00 $ 19,000.00
D Bates
Cashflow Forecast
for the six months ending Dec 30

Jan Feb Mar Apr May June July Aug Sept Oct Nov
$ $ $ $ $ $ $ $ $ $ $

Cash received from

this months Sales
$ 8,400.00 $ 9,800.00 $ 15,400.00 $ 17,500.00 $ 14,700.00 $ 24,500.00 $ 18,200.00 $ - $ 8,400.00 $ 17,500.00 $ 13,300.00

Cash received from

$5,400 $3,600 $4,200 $6,600 $7,500 $6,300 $10,500 $7,800 $0 $3,600 $7,500
last months Sales

Other Income $450 $450 $450 $450 $450 $450 $450 $450 $450 $450

TOTAL CASH IN $ 14,250.00 $ 13,850.00 $ 20,050.00 $ 24,550.00 $ 22,650.00 $ 31,250.00 $ 29,150.00 $7,800 $ 8,850.00 $ 21,550.00 $ 21,250.00

Operating Expenses $9,900 $6,600 $7,700 $12,100 $13,750 $11,550 $19,250 $14,300 $0 $6,600 $13,750

Administration
$1,200 $1,200 $1,200 $1,200 $1,200 $1,200 $1,200 $1,200 $2,500 $1,200 $1,200
overhead Expenses

Income Tax $19,000

Motor Vehicle
$1,300 $1,300 $1,300 $1,300 $1,300 $1,300 $1,300 $1,300 $1,300 $1,300 $1,300
Repayments

TOTAL CASH OUT $12,400 $9,100 $10,200 $14,600 $16,250 $14,050 $40,750 $16,800 $3,800 $9,100 $16,250

NET CASHFLOW $1,850 $4,750 $9,850 $9,950 $6,400 $17,200 -$11,600 -$9,000 $5,050 $12,450 $5,000
OPENING bank
-$12,000 -$10,150 -$5,400 $4,450 $14,400 $20,800 $38,000 $26,400 $17,400 $22,450 $34,900
balance

CLOSING bank
-$10,150 -$5,400 $4,450 $14,400 $20,800 $38,000 $26,400 $17,400 $22,450 $34,900 $39,900
balance
Budget Estimates
Nov Dec
19,000 8,000
$ 8,000.00

Dec TOTAL
$ $

$ 153,300.00
$ 5,600.00

$5,700 $68,700

$450 $4,950

$ 11,750.00 $ 226,950.00

$10,450 $125,950

$1,200 $15,700

$19,000

$1,300 $15,600

$12,950 $176,250

-$1,200 $50,700

$39,900 $38,700

$38,700 $89,400
Exercise B7
Student Name 0 Student No 0
A contractor estimates that a job will take 12 working days and costs $36,500. His work schedule was as follows:

Preliminaries Set out Footings Drains Brickworks

Days 1 to 12 1 to 2 2 to 5 4 to 10 10 to 12

Estimated cost ($) 3,600 2,800 10,000 16,100 4,000

Starts on day 1 1 2 4 10

Bar Chart
Days 1 2 3 4 5 6 7 8 9 10 11 12
Activities
Preliminaries $300 $300 $300 $300 $300 $300 $300 $300 $300 $300 $300 $300
Set out $1,400 $1,400
Footings $2,500 $2,500 $2,500 $2,500
Drains $2,300 $2,300 $2,300 $2,300 $2,300 $2,300 $2,300
Brickwork $1,333 $1,333 $1,333
Daily Costs $1,700 $4,200 $2,800 $5,100 $5,100 $2,600 $2,600 $2,600 $2,600 $3,933 $1,633 $1,633
Cumulative costs $1,700 $5,900 $8,700 $13,800 $18,900 $21,500 $24,100 $26,700 $29,300 $33,233 $34,867 $36,500

S Curve

$40,000

$35,000

$30,000

$25,000

$20,000

$15,000

$10,000

$5,000

$0
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Exercise B7 Page 2

Notes on completing the S Curve:

When you have completed the Bar Chart.

1 Place the cursor over cell C19

2 Hold the left button down and drag the cursor to cell N19 (this is called blocking the range C19 to N19)

3 Click the "Insert" Tab at the top of the screen

4 Click the "Line" icon

5 Choose the Left most "style" from the top row

6 Re-size and locate the graph to best advantage