write simple defintions for each

Question

balance
checkbook
database
deposit
formula
SUM function
transaction

Answer 1

Balance: the amount of money remaining in an account after all withdrawals and deposits have been accounted for.

Checkbook: a book containing detachable checks, which are used to make payments from a bank account.

Database: a collection of information that is organized so that it can be easily accessed, managed, and updated.

Deposit: the act of putting money into a bank account.

Formula: a set of mathematical symbols that expresses a rule or principle.

SUM function: a mathematical function in spreadsheet software that adds together a range of numbers.

Transaction: an instance of buying or selling something or transferring money electronically.