The following procedure is recommended when creating, Ask an Expert

Accounting

The following procedure is recommended when creating financial statements in Excel, in order to minimize error and make the statements easier to read when provided to others:

a. Use custom number formats

b. Make excel do as little work as possible by avoiding the use of formulas

c. Use as many fonts and colors as possible in order to separate line items and subheadings

d. Hide data you do not want others to see before distributing a worksheet

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9417775

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