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Correspondance between Columns in two Sheets

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hi everyone,
I am an 35 year old entrepreneur with no prior experience in Excel programming. I am now trying to learn as fast as I can. However I have a problem that would need to be solved. If anyone can help.
I would like to know if you could help me write a macro for correspondance between columns in two different sheet in Excel.
Allow me to explain myself better:
I have two columns in sheet 1 from which I need to find the correspondance in sheet two. Both columns are related.i.e if you look at the file attached,the first column is Name and the second is quantity ; i need to find the matching name and quantity in the two columns of sheet 2. Is there a way to write a macro to return true or false in the next column of the first sheet if it finds a correpondance or not.
right now the file is only seven lines long. however a usual file is 900 lines long.

I thank all of you guys who can and try to help me in advance.
Cheers
Raj
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