Notice: Payments for answers will end 4/10/2017. Click for more info.
You have new items in your feed. Click to view.
Question and answer
Q: Explain in writing and with illustrations how a spreadsheet is a good accounting tool to perform bank reconciliations and track cash inflows and outflows.
A: used to. [ Spreadsheets can assist us in many tasks with accuracy and speed. Before we look at some of the uses we can put Spreadsheet software to let's look at a few of its features, which make it unique and useful. The most important features of any spreadsheet are the calculation of figures using arithmetic signs or functions. While not completely unique to spreadsheets, this feature is
particularly more visible and word processing software. For example in Microsoft Excel, there is a formula bar for typing or displaying typed formulas. The formula can be inserted in this bar or in a specific cell preceded by an = (equal) sign. You need not insert actual figures, as that would be cumbersome. You simply specify a function such as SUM, AVERAGE, e.t.c and enclose into brackets the beginning column and row numbers and the ending column and row numbers. The use of functions helps to easily perform calculations. Not only would the computation be accurate but it helps to simplify an otherwise complicated calculations process. As we have seen, Spreadsheets have many useful features, which make calculation of figures simpler. Now let's look at some of the uses you can put spreadsheets to: Whether at the office or at home, drawing and maintaining budgets is important. Not only will you be focused and be able to pursue your financial objects clearly with a budget, but you can compare your actual versus planned performance. You can easily prepare a detailed budget with spreadsheets. The calculations can easily be done by entering appropriate formulas and getting the totals and differences. ]
Expert answered|bestWeegy|Points 105|
Question
Asked 9/10/2011 7:55:33 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
26,809,130 questions answered
Popular Conversations
What does throttle mean?
4/16/2018 10:25:30 AM| 5 Answers
Error 401- Unauthorized
4/13/2018 4:59:54 AM| 3 Answers
The science of the creation of maps and charts is called ...
Weegy: The science of the creation of maps and charts is called cartography. User: Which of the following would ...
4/13/2018 8:36:16 AM| 3 Answers
What’s 307,495 rounded to the nearest thousand
Weegy: 307,495 rounded to the nearest thousand is 307,000. User: Which of the following statements about the number ...
4/20/2018 6:40:52 PM| 2 Answers
What's one way we can check our answer to 2 ×10 = 20? A. 2 ÷ ...
Weegy: A throttle body is part of the air intake system that helps control the amount of air that gets into the engine. ...
4/13/2018 7:46:31 AM| 2 Answers
Which sentence does not contain misplaced or dangling modifiers? ...
Weegy: The sentence that does not contain misplaced or dangling modifier is:
4/15/2018 8:58:11 PM| 2 Answers
Weegy Stuff
S
P
L
P
P
P
P
Points 235 [Total 661] Ratings 0 Comments 235 Invitations 0 Offline
S
R
L
R
Points 173 [Total 311] Ratings 0 Comments 23 Invitations 15 Offline
S
1
L
L
P
R
P
L
P
P
R
P
R
P
R
Points 168 [Total 12971] Ratings 0 Comments 158 Invitations 1 Online
S
L
Points 101 [Total 101] Ratings 1 Comments 61 Invitations 3 Offline
S
Points 50 [Total 50] Ratings 0 Comments 0 Invitations 5 Offline
S
P
L
Points 35 [Total 126] Ratings 0 Comments 35 Invitations 0 Offline
S
Points 30 [Total 35] Ratings 3 Comments 0 Invitations 0 Offline
S
Points 11 [Total 11] Ratings 0 Comments 11 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.