Tracing Precedents in Excel Is Acsamplished by Tapping or Clicking

question 103

Short Answer

Tracing precedents in Excel is acsamplished by tapping or clicking the Trace Precedents button in the _________________________ group on the FORMULAS tab.

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Definitions:

Balance Sheet

Statement of a company’s financial position—what it owns and claims against its assets—at a particular point in time.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time.

Accounting Equation

Formula that states that assets must always equal the sum of liabilities and owners’ equity.