Download Business Analysis with Microsoft Excel (2nd Edition) by Conrad Carlberg PDF

By Conrad Carlberg

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

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

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5 Ch General Journal entries record individual transactions in chronological order as debits and credits. 6 General Ledger entries accumulate individual transactions from the General Journal into specific accounts. 20 Chapter 1 Working with Income Statements Two additional names are defined in the General Ledger: Ledger Date refers to cell $A$4, and GLAccount (short for General Ledger Account) refers to cell $D6. Notice that LedgerDate refers to an absolute reference, and GL Account refers to a mixed reference.

On July 1, an errors-and-omissions insurance policy was purchased in full to provide protection against faulty advice that might be given to the company’s clients. The policy will remain in effect for 12 months. The cost of this policy Managing with Accrual Accounting is debited to an asset account in row 5, column B of the worksheet. When the worksheet is prepared at the end of the month, 1/12th of the value of the policy has expired: that value now becomes an expense incurred during the month of July.

This is because a cash sale never becomes uncollectible, so it does not help to include cash sales in the calculation. Furthermore, the relationship between the total credit sales and total cash sales in a given period might be substantially different than their relationship during the basis period. In that case, you are likely to seriously mis-estimate the amounts that you will never collect. The aging approach is usually more accurate than the percentage of sales approach, because it forces you to focus on the actual length of time that individual accounts are past due.

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