Excel Unit B Demonstrated the Use of Several Functions: AVERAGE

question 202

Essay

Excel Unit B demonstrated the use of several functions: AVERAGE, MAX, COUNT, and COUNTA. Explain how the COUNT and COUNTA functions work.

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Definitions:

Custodian

An individual or entity responsible for safeguarding assets, such as cash or securities, ensuring their safekeeping and proper use.

Journal Entry

A record in the accounting journal that represents a transaction and includes debits and credits.

Cash Register Overages

The situation where the amount of cash in a cash register exceeds the expected amount based on sales records.

Petty Cash Fund

A small amount of cash kept on hand within a business for minor, day-to-day expenses.