![]() Whereas branched IF is written like =IF(logical_test1 IF(logical_test2 )) For a single IF, the write is =IF(logical_test ). There are two IF functions here namely single IF and branched IF. IF is a logical function formula in Excel that is usually used for processing a lot of data as well as branching decisions. On how to calculate debit and credit balances in Excel for a more detailed cash statement, there are several Excel formulas that can be relied on as a tool. ![]() Not only the credit debit formula as above is needed to compile financial statements. Read First: How to make a Note in Excel Excel Formula for Structuring Financial Statements For example, for the balance column, the formula is =SUM(G4:G8). For the total amount at the bottom, you can use the SUM formula in each column.You can drag drop on the fill handle to make it easier. For the next row, simply copy or copy the formula on the G4 or balance column of the first row.The way to use the formula is to simply click column E4 then press F4 2x on the keyboard, or you can also write it manually. ![]() It should be noted that the writing of the formula is there that uses semi-absolutes, namely E$4 and F$4.
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