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I need a running balance in a column for a petty cash spreadsheet

The spreadsheet is Column A = Date, B = description, C = Money Into Petty cash, D = Money out of petty cash, need a formulae so Column E can calculate a running balance.

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In the first row of numbers, assume row 3 for example (leaving 2 rows for titles, put in cell E3: =C3+D3. In the next row (assuming row 4, put in cell E4: =C4+D4+E3. Use fill down to populate this formula all the way down.

Posted on Jun 18, 2009

  • zazonker
    zazonker Jun 18, 2009

    Just noticed that kd24911 was writing an answer the same time as I was. My solution assumed that the money out of petty cash (column D) was entered as a negative number. If it is entered as a positive number as kd assumed (actually, more likely) the formulae will need a minus sign on column D cells as he indicates.

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Hi,

for Column E, if current cell is E(x) and previous cell is E(x-1) then,
formula will be:
=E(x-1) + C(x) - D(x)

logic: C is added to last balance, D is substracted the same way

Hope this helps.

Posted on Jun 18, 2009

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