Six common questions when applying Conditional Formatting:
Use of Colour Scale:
Colour Scales apply a gradient of colors to cells based on their value in relation to other cells in the range.
- Highest values are assigned one color (e.g., green),
- Lowest values another color (e.g., red),
- Middle values get a blend (e.g., yellow).
This provides a visual heatmap-like representation to help users instantly interpret large sets of numerical data.
| Liabilities | Amount (₹) | Assets | Amount (₹) |
|---|---|---|---|
| Sundry Creditors | 1,80,000 | Cash in hand | 30,000 |
| General Reserve | 20,000 | Debtors | 1,20,000 |
| Capitals: | Kishore – 6,00,000 | Stock | 1,50,000 |
| Ranjan – 4,00,000 | Furniture | 1,00,000 | |
| Land and Building | 8,00,000 | ||
| Total | 12,00,000 | Total | 12,00,000 |
Uma and Umesh were partners in a firm sharing profits and losses in the ratio of 2:3. On 31st March, 2024, their Balance Sheet was given. Daya was admitted with 2:3:5 profit sharing ratio, bringing in capital and goodwill. Various revaluations and adjustments were also made. Journalise the transactions related to Daya’s admission.