A variable in spreadsheet is a unit of storage that can change to any value or state at any time. The word variable can also be used to refer to the value itself.
There are different types of variables including numeric variables, memory addresses and character variables. To make referencing the variables easier, one should name the variables used in the calculation. Variables help make calculations in spreadsheet more flexible. Therefore, in spreadsheets, one can just change the value of variables and repeat the calculation. Without them, it would mean changing the whole calculation. It is also possible to use a range of cells as a variable. In such a case, they are operated upon as a single unit.Learn More
In accounting, "depreciation" refers to the decrease in value of an asset over time. Income statements reflect this decrease in value during an accounting period as a depreciation expense.Full Answer >
Any company that sells to non-consumers should issue an invoice to the buyer at the time an order is placed or a purchase transaction takes place. In some cases, companies send invoices at the start, middle or end of a month instead of at the time of each purchase.Full Answer >
In accounting, the word "accretion" refers to growth in value over time. Accretion typically refers to the increase of value of a bond over time.Full Answer >
An income statement represents a period of time (the length of this period may vary), whereas a balance sheet reflects finances at one particular point in time. Whereas the income statement lists all of a business’s income and expenses over a period of time, the balance sheet presents a snapshot of the company’s finances.Full Answer >