An electronic spreadsheet is a computer program that is used for storing, organizing and manipulating data.
The types of data that a cell can hold include numbers, text or formulas. Just as in math class, formulas are used for calculations usually involving data contained in other cells. An electronic spreadsheet includes a number of built in formulas used for common tasks known as functions.
A spreadsheet is often used to store financial data. Formulas and functions that can be used on financial data include:
Spreadsheets which are found in Microsoft Excel is an electronic document in which data is arranged in rows and columns of a grid and can be manipulated and used in calculations.