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Default Colour cell (or text) depending upon IF Function result

I have a personal finance sheet that calculates a simple balance (in
Cell F1).

Next to the balance (in Cell G1) I have an IF function that inputs text
depending on the current balance. It is as follows:

=IF(F10,N9,N10)

(where N9 = BALANCE OK and N10 = WARNING OVERDRAFT ENTERED)

Is It possible to force excel to colour the cell depending upon the
message that is displayed.

i.e. if the balance is -100, then the message is WARNING OVERDRAFT
ENTERED - I would like this to be displayed in red or have the coloured
in red.

If it displays BALANCE OK, I would like the text to be Blue (or the
cell clour to be Blue).

Can this be done?

 
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