1. Excel application for accounting principles

3. Expanding the Formula Bar Click on the Collapse Formula Bar. Drag the border of the Formula Bar to increase or decrease the size of the Bar. Click on the Expand Formula Bar icon in the far right side of the Formula Bar

5. The Formulas Tab The Formulas tab contains all the commands that you need to help you build, analyse and manage formulas within your worksheet.

6. The Insert Function Button The Insert Function Button can be used to access the Insert Function dialog box which you can use to build any formula using functions and the help instructions provided.

7. Using the Formulas Tab Select the cell to contain the new formula Click on the Formulas tab on the Ribbon. Click on an appropriate button in the Formula Library group.

9. Using Names in Formulas  You can use Names within formulas to refer to a cell or cell range within a worksheet/workbook.  Excel includes a Name Manager feature that will help you to sort and filter the list of names, and easily add, change, or delete names from one location.

10. Using Names in Formulas 1 Select the cells to be named 2 Click on the Defined Names button 3 Specify the appropriate options and then click [OK]

12. Using the Watch Window When cells are not visible on a worksheet, you can watch those cells and their formulas in the Watch Window toolbar.

13. Using the Watch Window Click on the cell that you wish to watch 1 Click on the Formulas tab and then click on the Watch Window button 2 Click Add Watch and then [Add] 3

15. MCQs (1) The Formulas tab contains all the commands that you need to help you manage formulas (a) True. (b) False. (2) Excel includes a Name Manager feature to expand the formulas bar (a) True. (b) False.

16. (3) Defined Names button can be used to watch the window of the formulas. (a) True. (b) False. (4) You can click on the Collapse Formula Bar to expand the formula bar. (a) True. (b) False.

17. (5) The Formulas tab can be used to access the Insert Function dialog box (a) True. (b) False. (6) You can use Names within formulas to refer to a cell or cell range within a worksheet. (a) True. (b) False.

18. (7) To decrease the size of the Formula Bar, you can click on................ (a) Expand bar. (b) Collapse bar. (c) Formula bar. (d) top/bottom rules. (8) To sum the amount in two cells (H3and H4), the formula should be............... (a) +H3+H4. (b) –H3+H4. (c) =H3-H4. (d) =H3+H4.

19. (9) You can build any formula by using........... (a) Insert Function button. (b) Formula Bar. (c) Merge & Centre. (d) Watch Window button. (10) Excel includes a.......... feature that will help you to sort and filter the list of names. (a) Define Name. (b) Sort Name. (c) Name Manager. (d) Name Watch.

20. (11) The Auto Sum function (∑) can be find in....... Tab in addition to Formulas Tab. (a) Home. (b) Insert. (c) Page Layout. (d) Data. (12) After defining the name by using Defined Names button,......... should be used to display the results related to this name. (a) Define name button. (b) Name Manager button. (c) Use in Formula button. (d) Watch Window button.