(TCO 5) Super Clean Carpet Cleaning business wants to develop an Excel workbook
ID: 444242 • Letter: #
Question
(TCO 5) Super Clean Carpet Cleaning business wants to develop an Excel workbook that contains 12 identical formatted worksheets (1 for each month of the year). On these worksheets the monthly expense descriptions are listed in Column A and expense amounts are in Column B. A total of the expenses is the last entry of Column B. The business controller needs to know for tax purposes what the yearly totals are for each expense category and for the total of all expenses for the year. Given this assignment by the business controller, summarize how, using the tools for managing multiple worksheets, you would create the 12 identical worksheets. Also describe how to consolidate this data into a yearly Excel sheet showing the totals of each expense category and the total of all the expenses in the business for the year.
Explanation / Answer
Managing the business activities and maintaining a database of it is an essential function of the management. Maintaining the database using excel is a widely spread practice. Using this tool we can update the data and can access it very easily.
As mentioned in the case identical work sheets can be prepared for each month. For this a single work sheet can be initially formulated with the required information and the number of additional work sheets can be added in the same excel work sheet and the columns and rows can be copy pasted by just changing the name of months in the title bar of each work sheet.
Separate columns can be created for each field column A for expense descriptions, expense amounts in column B etc. now formula can be inserted in the last entry column of B so that total sum will be displayed. empty columns can be inserted in between so that new data can be updated.
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