An accounting tells us about our actual income and expenses, in contrast to a Budget, which is a projection of those amounts.
Here is how you proceed when you are making a spreadsheet in Excel
:
Excel
Instruction
Example 1
Income  Amount  Expenses  Amount 
Bookstore (part time)  $$300$  Bus card  $$68$ 
Dog sitting  $$60$  Phone subscription  $$39.90$ 
Monthly allowance  $$50$  Food and snacks  $$120$ 

 Clothes and shoes  $$79.80$ 

 Entertainment  $$32$ 

 Other  $$60$ 
Excel
. Your spreadsheet should look like this:
Erica had a surplus last month of $$10.30.$
Here are the formulas for each cell: