Multiple Choice
If a company purchases office supplies for \$500 cash, how should the journal entry be recorded in terms of debits and credits?
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2. Transaction Analysis
Journal Entries: Debits and Credits
Multiple Choice
Which of the following Excel formulas entered in cell C5 will correctly divide the value in cell B5 by the value in cell A5?
A
=B5*A5
B
=A5-B5
C
=B5/A5
D
=A5/B5
Verified step by step guidance1
Step 1: Understand the problem. The goal is to find the correct Excel formula that divides the value in cell B5 by the value in cell A5.
Step 2: Recall the syntax for division in Excel. The division operator in Excel is the forward slash (/). To divide one cell's value by another, you use the formula structure: =Cell1/Cell2.
Step 3: Analyze the options provided. The formula =B5*A5 multiplies the values, =A5-B5 subtracts the values, =A5/B5 divides A5 by B5, and =B5/A5 divides B5 by A5.
Step 4: Identify the correct formula based on the problem's requirement. The problem specifies dividing the value in cell B5 by the value in cell A5, which matches the formula =B5/A5.
Step 5: Confirm the logic. Division in Excel follows the order of the formula, so =B5/A5 correctly divides the value in B5 by the value in A5.
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