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in Application of Electronic Spreadsheet in Accounting by (63.7k points)

Differentiate a spreadsheet and work book.

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1. Spreadsheet is an electronic sheet. It is an electronic table divided in rows and columns which can be used for the following:

  • to prepare a balance sheet
  • to prepare profit and loss accounts
  • to prepare charts and graphs
  • to make quick calculations.
  • self operated functions like addition, subtraction, multiplication, division and to find percentage.

2. Work Book: Each file of Excel is known as work book, there can be many work sheet in any work book. We can store the information in an organised way in a single work book. A work book open’s with three work sheets and maximum work sheet can be 255.

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