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Explain Different Uses of Excel in Business and Commerce

Microsoft Excel is very useful in Business and Commerce. Following is a list of the uses of Microsoft Excel in Business and Commerce: 1. Creating Computerized Worksheets Microsoft Excel is a computer software with electronic worksheets. You can easily input, edit, format your business data in computerized worksheets provided by MS Excel. You can manipulate business data easily and efficiently. 2. Recording Business Data Microsoft Excel can be used in business and commerce for recording the daily transaction records of your business. It provides the facility to store and maintain large amounts of records easily and quickly. 3. Use of Excel in Accounts Department a) Accounting System Microsoft Excel can be used to manage the accounting system of your business organization.It records daily transactions of the organization. b) Prepare Accounting Documents Microsoft Excel can be used to prepare balance sheet, trial balance, ledger and other accounting sheets. 4. Maintai

Practical Use of SUM Function in Excel Worksheet

What is SUM Function? The SUM Function is used to add all numbers in a given range of cells and returns the total as a result. The syntax of the SUM Function is as follows: Syntax 1 of SUM Function in Excel wWorksheet:   SUM(FirstCell : LastCell) where FirstCell is the cell reference of the first cell in cell range and LastCell is the cell reference of the last cell in the given cell range to be added.   For Example: If cells A1,A2,A3,A4 contains 10,20,30,40 respectively then the function =SUM(A1:A4) will give 100. Simple Use of SUM function in MS Example with examples Syntax 2 of SUM Function in Excel Worksheet:   SUM(number1, number2, number3, ..., number N)      For Example: = SUM(10,20,30) will give the result 60.   and  = SUM(2,5) will give 7. Syntax 3 of SUM Function in Excel Worksheets:   SUM(cell1, cell2, cell3, . . ., cell N) Where cell1, cell2, cell3,...cell N are the cell references of the cells containing numbers to be added.  For Example: =SUM(A1

Explain Different Features of Microsoft Excel

Microsoft Excel is a spreadsheet software developed by Microsoft Corporation of USA. Microsoft Excel is used to input and format data and to apply suitable mathematical and other formulas on the data. Excel can perform large number of calculations on data easily in a table like format. The main file of Microsoft Excel is called an Excel Workbook. By default, each workbook has three Excel Worksheets . A Worksheet is divided into Rows, Columns and cells. Microsoft Excel provides many easy to use features as follows: Important Features Provided by MS Excel different features of Microsoft Excel application software 1.    Auto Fill MS Excel provides easy series generating feature called Auto Fill. With the help of Auto Fill you can fill the adjacent cell range with a series like days of a weak or a number series like 1,2,3,4,...10 or 5,10,15,...50 or 1990, 1991, 1992... or dates etc. 2.    Header and Footers Header and footer feature is used to display same text on t