Practice - Summary
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Practice Questions
Test your understanding with targeted questions
What is an electronic spreadsheet?
💡 Hint: Think of paper ledgers but in digital form.
List two features of electronic spreadsheets.
💡 Hint: Consider functions that help in accounting.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What defines an electronic spreadsheet?
💡 Hint: Think about what makes it different from paper.
True or False: The SUM function is used to calculate the average of numbers.
💡 Hint: Recall the specific purpose of each function.
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Challenge Problems
Push your limits with advanced challenges
A company has the following ledger balances: Cash ₹30,000, Capital ₹70,000, Purchases ₹20,000, Sales ₹50,000. Create the trial balance and identify if it is balanced.
💡 Hint: Summarize each side to see if they match.
You find an error in your balance calculated with a formula. What steps would you take to identify and correct the error?
💡 Hint: Look for any misplaced cell references.
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Reference links
Supplementary resources to enhance your learning experience.