Practice Important Terms (13) - Accounting Application of Electronic Spreadsheet
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Important Terms

Practice - Important Terms

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Practice Questions

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Question 1 Easy

Define 'Cell' in the context of a spreadsheet.

💡 Hint: Think about what makes up a cell.

Question 2 Easy

What does 'Formula' mean?

💡 Hint: Remember, it's how we conduct calculations automatically in cells.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is a Cell in a spreadsheet?

A calculation method
An intersection of rows and columns
A financial statement

💡 Hint: Visualize where rows and columns meet.

Question 2

True or False: Functions are manually created formulas.

True
False

💡 Hint: Functions are made for you!

1 more question available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Given a range of cells A1 to A5, where A1=10, A2=20, A3=30, A4=40, A5=50, write a formula that calculates the average of these cells and explain your reasoning.

💡 Hint: Think of how you average grades in school.

Challenge 2 Hard

Create a balanced trial balance report using fake data for at least five accounts, ensuring that total debits equal total credits. Explain how you would correct the data if they did not balance.

💡 Hint: Use Excel's SUM function to help verify your totals.

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