define the usage of accounting data types in MS Excel 2010
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In Excel 2010, the worksheet consists of a grid of columns and rows that form cells. You enter three types of data in cells: labels, values, and formulas.
Labels (text) are descriptive pieces of information, such as names, months, or other identifying statistics, and they usually include alphabetic characters.
Values (numbers) are generally raw numbers or dates.
Formulas are instructions for Excel to perform calculations.
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