excel formula for ledger balance - Search
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  1. Copilot Answer
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    • Set up a worksheet with columns for date, description, debit, credit, and balance.
    • Enter the initial balance in the first row of the balance column.
    • Enter the formula =Balance + Credit - Debit in the second row of the balance column and copy it down to the rest of the rows.
    • Type the amounts of your deposits and withdrawals in the debit and credit columns respectively.
    • The balance column will automatically update with the running balance.
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