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Important Excel Formulae for Accounting-Part 3

Set 7: Text Functions
CONCATENATE: Joins two or more text strings into one string.
LEFT: Returns the specified number of characters from the start of a text string.
RIGHT: Returns the specified number of characters from the end of a text string.
MID: Returns a specific number of characters from a text string, starting at the position you specify.
TRIM: Removes all spaces from text except for single spaces between words.
Set 8: Additional Financial Functions
NPV: Calculates the net present value of an investment based on a series of periodic cash flows and a discount rate.
IRR: Returns the internal rate of return for a series of cash flows represented by the numbers in a list.
XNPV: Returns the net present value for a schedule of cash flows that is not necessarily periodic.
XIRR: Returns the internal rate of return for a schedule of cash flows that is not necessarily periodic.
DB: Returns the depreciation of an asset for a specified period using the fixed-declining balance method.