Download e-book for kindle: Business Analysis with Microsoft Excel (2nd Edition) by Conrad Carlberg

By Conrad Carlberg

Take keep watch over of the base line utilizing specialist strategies and Excel's robust monetary services! no matter if you personal a small company or paintings for a wide company; even if you're looking for aid making monetary and enterprise judgements -- this publication is for you. Business research with Microsoft Excel, moment Edition offers in-depth info that would maximize your use of the instruments inside Excel. expert recommendation and counsel from an skilled writer give you the solutions for your such a lot urgent questions.

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Additional resources for Business Analysis with Microsoft Excel (2nd Edition) (Que-Consumer-Other)

Example text

By default, January 1, 1900 is serial number 1; January 2, 1900 is serial number 2; and so on. The DATE function accepts a year, month, and day as its arguments, and returns the serial number for that date. Even though a cell’s format causes it to display, say, 12/31/2001, the actual value in the cell is the date’s serial number. 7 is the total of all credit sales in Accounts Receivable that are current as of 12/31/01. ) This array formula examines the values in the range $D$2:$D$25, and returns an array of TRUE (if the value is less than 31) or FALSE (if the value is not less than 31).

A similar process is used to obtain the information for the balance sheet. Notice that this final step, copying information from the adjusted trial balance to the income statement and balance sheet, is merely a matter of segregating the revenue and expense data from the asset and liability data. The former go to the income statement; the latter to the balance sheet. Organizing with Traditional Versus Contribution Approaches The traditional approach organizes income statements around the functions a business performs, such as production, administration, and sales.

N O T E If you’re unfamiliar with the concept of names in Excel, refer to this book’s Introduction for a brief discussion. ■ On the General Ledger worksheet, the following formula in its Debit column accumulates the appropriate entries from the General Journal: =SUM(IF(MONTH(EntryDate)=MONTH(LedgerDate),1,0)*IF(AccountNumber = GLAccount,1,0)*JournalDebits) and this formula accumulates the appropriate credits: =SUM(IF(MONTH(EntryDate)=MONTH(LedgerDate),1,0)*IF(AccountNumber = GLAccount,1,0)*JournalCredits) N O T E The two formulas shown here must be entered as array formulas.

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