Question

In: Accounting

, Excel allows us to create our own formulas and functions to perform calculations and solve...

, Excel allows us to create our own formulas and functions to perform calculations and solve problems within the spreadsheet. Which of the functions or formulas that you experimented with in Presentation 1 did you find the most valuable? How do you think this particular function will save time in using Excel spreadsheets? What other functions do you think you will use on a regular basis? Why? Explain. Was there a function that is new to you?

Solutions

Expert Solution

ANS : A function is a predefined formula that performs calculations using specific values in a particular order. All spreadsheet programs include common functions that can be used for quickly finding the sum, average, count, maximum value, and minimum value for a range of cells. In order to use functions correctly, you'll need to understand the different parts of a function and how to create arguments to calculate values and cell references.

here is the ways that save the time

save time with Excel formulas

  1. Don't add the final parentheses to a function. ...
  2. Move a formula and keep references from changing. ...
  3. Copy a formula and keep references from changing. ...
  4. Double click the fill handle to copy down formulas. ...
  5. Use a table to enter formulas automatically. ...
  6. Use AutoComplete + tab to enter functions. ...
  7. Use Control + click to enter arguments.

Most Useful Excel Formulas that is used maximum time for solving the acccounts and cacluate the maximum and minimum value most of the time in excel sheet

  • SUM, COUNT, AVERAGE. SUM allows you to sum any number of columns or rows by selecting them or typing them in, for example, =SUM(A1:A8) would sum all values in between A1 and A8 and so on. ...
  • VLOOKUP. ...
  • CONCATENATE. ...
  • MAX & MIN. ...
  • CONDITIONAL FORMATTING. ...
  • INDEX + MATCH.

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