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Excel allows the user to create spreadsheets similar to paper ledgers that hold data and can perform automatic calculations. Each Excel file is called a workbook and can hold many worksheets. A worksheet is a grid of columns (designated by letters) and rows (designated by numbers). The intersection of a column and a row is called a cell. Each cell on the spreadsheet has a cell address that is the column letter and the row number. Cells can contain text, numbers, or mathematical formulas.
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