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This document describes a data interpretation lab experiment where the student was asked to update an organization's payroll worksheet to reflect salary increases. The student was provided two worksheets, one with the current payroll ("OLD PAYROLL") and one listing salary reviews and increases ("INCREMENT"). The student was required to use formulas to calculate updated basic pay, allowances, gross salary, deductions, net salary, and totals in a new blank worksheet ("NEW PAYROLL"). The student provides the steps taken and shares the results worksheet. Key things learned were calculating basic pay, gross salary, net salary, and totals using formulas. The student was evaluated based on demonstration, the worksheet, and a post-lab quiz.

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Mohit chauhan
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189 views5 pages

Specify Experiment Title

This document describes a data interpretation lab experiment where the student was asked to update an organization's payroll worksheet to reflect salary increases. The student was provided two worksheets, one with the current payroll ("OLD PAYROLL") and one listing salary reviews and increases ("INCREMENT"). The student was required to use formulas to calculate updated basic pay, allowances, gross salary, deductions, net salary, and totals in a new blank worksheet ("NEW PAYROLL"). The student provides the steps taken and shares the results worksheet. Key things learned were calculating basic pay, gross salary, net salary, and totals using formulas. The student was evaluated based on demonstration, the worksheet, and a post-lab quiz.

Uploaded by

Mohit chauhan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Specify Experiment Title

Student Name: Mohit Singh UID:19bca1160


Branch: UIC Section/Group:2/A
Semester: 5th DatefPerformance::-11/09/2021
Subject Name: Data Interpretation Lab Subject Code:CAP-311

1. Aim/Overview of the practical:

Solve the given problems in Microsoft Excel

Task to be done
Assume you are the Accountant of Stationery Supplies Ltd. Below is the current payroll in the workbook OLD PAYROLL.

OLD PAYROLL.

A B C D E F
1 Stationery Supplies Ltd.
2
3 Name Basic Pay Allowances Gross Salary Deductions Net Salary
4 Lewis 15,791 3,137 0 1,256 17,672
5 Francis 15,537 3,061 0 776 17,822
6 Edwin 15,506 3,051 0 999 17,558
7 Bernard 15,417 3,025 0 1,099 17,343
8 George 15,008 2,902 0 718 17,192
9 Albert 14,969 2,890 0 846 17,013
10 Edward 14,651 2,795 0 760 16,686
11 Cornell 14,618 2,785 0 663 16,740
12 John 14,553 2,765 0 558 16,760
13 Carl 14,508 2,752 0 706 16,554
14
15 Totals 150,558 29,163 0 0 0

The following salary review is given to you in the workbook INCREMENT.


INCREMENT

A B C
1 Name Current Pay % increase
2 Lewis 15,791 19%
3 Francis 15,537 19%
4 Edwin 15,506 22%
5 Bernard 15,417 18%
6 George 15,008 21%
7 Albert 14,969 17%
8 Edward 14,651 15%
9 Cornell 14,618 25%
10 John 14,553 19%
11 Carl 14,508 20%
12
13 Allowances
14 20%

Required:

Using formulas, you are required to update the payroll with the changes in a blank worksheet. This new blank sheet is in
the workbook NEW PAYROLL.

2. Task to be done:
Required:

Using formulas, you are required to update the payroll with the changes in a blank worksheet. This new blank sheet is in
the workbook NEW PAYROLL.
3. Syntax/Format used/Steps for experiment/practical:

steps :
To calculate basic pay

=C5*D5+C5

To calculate allowances

=E5*0.2

To calculate Gross Salary

=E5+F5

To calculate Deductions

given

To calculate Net Salary

=G5-H5

To calculate totals =SUM(C5:C16)

4. Result/Output/Writing Summary:
  A B C D E F G

  Stationery Supplies Ltd.        

               

1 Name Current Pay % increase Basic Pay Allowances Gross Salary Deductions

2 Lewis 15,791 19% 18791 3758 22550 1,256

3 Francis 15,537 19% 18489 3698 22187 776

4 Edwin 15,506 22% 18917 3783 22701 999

5 Bernard 15,417 18% 18192 3638 21830 1,099

6 George 15,008 21% 18160 3632 21792 718

7 Albert 14,969 17% 17514 3503 21016 846

8 Edward 14,651 15% 16849 3370 20218 760

9 Cornell 14,618 25% 18273 3655 21927 663

10 John 14,553 19% 17318 3464 20782 558

11 Carl 14,508 20% 17410 3482 20892 706

12              
13              

14 Totals 1,50,558   179912 35982 215894 8,381

Learning outcomes (What I have learnt):

1. To calculate basic pay

2. To calculate Gross Salary

3. To calculate Net Salary=G5-H5To calculate totals =SUM(C5:C16)

Evaluation Grid:

Sr. No. Parameters Marks Obtained Maximum Marks


1. Demonstration/Performance/Pre 5
Lab Quiz
2. Worksheet 10
3. Post Lab Quiz 5

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