Homework Answers
Answer
OPTION B i.e. SUM(B2:B5)
Explnation:
SUM(B2:B5) would calculate sum of cell B2 to B5. Any row inserted between B2 to B5 would also be included in the formula automatically.
So, option B is correct.
Add Answer to:
B C С D A 1 Expenses: 2 Wages expense 3 Rent expense 4 Insurance expense...
A B C D 1 Expenses: 2 Wages expense 3 Rent expense 4. Insurance expense 5...
A B C D 1 Expenses: 2 Wages expense 3 Rent expense 4. Insurance expense 5 Utilities expense 6 Total expenses $8,000 2,000 800 300 7 Which formula in cell C6 would continue to be accurate after a row was inserted between rent expense and insurance expense? Multiple Choice =+B2+B3+B4+B5 =+B2+B5 =SUM(B2:B5) =SUM(B2:07) B с Trial Balance December 31 Credit Debit $5,700 1,400 11,100 3,800 27,400 A 1 2 3 4 Cash 5 Accounts receivable 6 Notes receivable 7 Prepaid...
1. part 2 Part 3 File Home Insert Page Layout Formulas Data Rei Arial 12 A...
1.
part 2
Part 3
File Home Insert Page Layout Formulas Data Rei Arial 12 A A X Cut LECopy Format Painter Paste BIU. A 1.1.1 Clipboard Г Font : с A Year B Cash Inflows (Outflows) 1 1 2 0 3 4 2 5 3 6 4 7 5 8 9 Annual discount rate 10 Net present value 11 Internal rate of return ($200,000) $40,000 $80,000 $38,000 $50,000 $58,000 8.00% $12,015.09 10.23% Applying Excel 8: Calculating internal rate of...
B С Trial Balance December 31 Credit Debit $5,700 1,400 11,100 3,800 27,400 А 1 2...
B С Trial Balance December 31 Credit Debit $5,700 1,400 11,100 3,800 27,400 А 1 2 3 4 Cash 5 Accounts receivable 6 Notes receivable 7 Prepaid services 8 Office equipment 9 Accounts payable 10 Unearned ticket revenue 11 Common stock 12 Dividends 13 Ticket revenue 14 Rental revenue 15 Salaries expense 16 Untilities expense 17 Rent expense 18 Totals 19 7,600 4,400 37,000 1,600 7,200 1,700 2,800 2,400 1,700 $57,900 $57,900 Which formula does NOT correctly calculate total equity?...
1. 2. 3. A E 1 2 3 4 B с D Productive Capacity 50,000 units...
1.
2.
3.
A E 1 2 3 4 B с D Productive Capacity 50,000 units Fixed Budget For the year ended December 31, 2020 Per Unit Total Sales $250 $9,375,000 Variable costs 180 6,750,000 Contribution margin $70 2,625,000 Fixed Expenses 2,500,000 Operating Income $125,000 5 6 7 8 9 10 11 12 13 Flexible Budget For the year ended December 31, 2020 % of productive capacity 70% Units produced and sold 35,000 75% 37,500 80% 40,000 14 15 16...
Reporting Adjusted Account Balances using Excel's SUM, Basic Math Functions and Cell Referencing Maple Moving Company...
Reporting Adjusted Account Balances using Excel's SUM, Basic
Math Functions and Cell Referencing
Maple Moving Company has provided a list of its account balances
as of December 31, 2016 before year-end adjustments. The Controller
has also provided you with a list of year end data to determine the
adjusted account balances and has asked you to prepare the adjusted
trial balance. Use the information included in the Excel Simulation
and the Excel functions described below to complete the task.
Cell...
H J к Income Statement Debit Credit 200 B с D E F G 4 5...
H J к Income Statement Debit Credit 200 B с D E F G 4 5 Instructions: The worksheet and the financial statements have been started and outlined. Where you see the word 6 "FORMULA", that is where a formula should be typed in Cash and AR in rows 13 and 14 have been 7 done for you as an example. Sometimes the formula is just bringing a number over to the next area in that case 8 type =...
х i Data Table F G 1 2 3 4 B С D E Moore's Landscaping...
х i Data Table F G 1 2 3 4 B С D E Moore's Landscaping Services Worksheet December 31, 2024 Unadjusted Trial Balance Adjustments Debit Credit Debit Credit $ 27,200 6400 $ 5.000 650 S380 2.960 (a) 1480 52.000 Adjusted Trial Balance Debit 5 Account Names Credit US 000 (c) 1.200 78.000 1300 6 Cash 7 Accounts Receivable 8 Office Supplies 9 Prepaid Rent 10 Equipment Accumulated Depreciation- 11 Equipe 12 Trucks 13 Accumulated Depreciation Tracks 14 Accounts Payable...
A1 ✓ Presented below are incomplete financial statements for Marta Communications, А B D с 1...
A1 ✓ Presented below are incomplete financial statements for Marta Communications, А B D с 1 Presented below are incomplete financial statements for Marta Communications, Inc. Do N- 3 Required: 4 Solve for the missing amounts. NOTE: When an amount on one financial statement is again shown on 5 another statement, you MUST reference the cell from the earlier statement rather than calculate the amount, thus 6 indicating the relationship between the two statements. 7 MARTA COMMUNICATIONS, INC. 9 Income...
help please with m3-3 m3-4 m3-5 m3-6 super confused Customer deposits Expenses Inventory purchases Wages paid...
help please with
m3-3
m3-4
m3-5
m3-6
super confused
Customer deposits Expenses Inventory purchases Wages paid Cost of sales Wages expense Utilities expense Net income Net income M3-3 LO3-2, 3-3 Identifying Revenues The following transactions are July activities of Craig's Bowling, Inc., which operates several bowling centers (for games and equipment sales). If revenue is to be recognized in July, indicate the reven account title and amount. If revenue is not to be recognized in July, explain why. CHAPTER 3...
Che 1. Acquired $30,000 cash from the issue of common stock 2. Paid $12,000 cash to...
Che 1. Acquired $30,000 cash from the issue of common stock 2. Paid $12,000 cash to purchase land. 3. Borrowed $10,000 cash 4. Provided services for $20,000 cash. 5. Paid $1,000 cash for utilities expense. 6. Paid $15,000 cash for other operating expenses. 7. Paid a $2,000 cash dividend to the stockholders. 8. Determined that the market value of the land purchased in Event 2 is now $12,700. Required a. The January 1, Year 2. general ledger account balances are...
A B C D 1 Expenses: 2 Wages expense 3 Rent expense 4. Insurance expense 5 Utilities expense 6 Total expenses $8,000 2,000 800 300 7 Which formula in cell C6 would continue to be accurate after a row was inserted between rent expense and insurance expense? Multiple Choice =+B2+B3+B4+B5 =+B2+B5 =SUM(B2:B5) =SUM(B2:07) B с Trial Balance December 31 Credit Debit $5,700 1,400 11,100 3,800 27,400 A 1 2 3 4 Cash 5 Accounts receivable 6 Notes receivable 7 Prepaid...
1.
part 2
Part 3
File Home Insert Page Layout Formulas Data Rei Arial 12 A A X Cut LECopy Format Painter Paste BIU. A 1.1.1 Clipboard Г Font : с A Year B Cash Inflows (Outflows) 1 1 2 0 3 4 2 5 3 6 4 7 5 8 9 Annual discount rate 10 Net present value 11 Internal rate of return ($200,000) $40,000 $80,000 $38,000 $50,000 $58,000 8.00% $12,015.09 10.23% Applying Excel 8: Calculating internal rate of...
B С Trial Balance December 31 Credit Debit $5,700 1,400 11,100 3,800 27,400 А 1 2 3 4 Cash 5 Accounts receivable 6 Notes receivable 7 Prepaid services 8 Office equipment 9 Accounts payable 10 Unearned ticket revenue 11 Common stock 12 Dividends 13 Ticket revenue 14 Rental revenue 15 Salaries expense 16 Untilities expense 17 Rent expense 18 Totals 19 7,600 4,400 37,000 1,600 7,200 1,700 2,800 2,400 1,700 $57,900 $57,900 Which formula does NOT correctly calculate total equity?...
1.
2.
3.
A E 1 2 3 4 B с D Productive Capacity 50,000 units Fixed Budget For the year ended December 31, 2020 Per Unit Total Sales $250 $9,375,000 Variable costs 180 6,750,000 Contribution margin $70 2,625,000 Fixed Expenses 2,500,000 Operating Income $125,000 5 6 7 8 9 10 11 12 13 Flexible Budget For the year ended December 31, 2020 % of productive capacity 70% Units produced and sold 35,000 75% 37,500 80% 40,000 14 15 16...
Reporting Adjusted Account Balances using Excel's SUM, Basic
Math Functions and Cell Referencing
Maple Moving Company has provided a list of its account balances
as of December 31, 2016 before year-end adjustments. The Controller
has also provided you with a list of year end data to determine the
adjusted account balances and has asked you to prepare the adjusted
trial balance. Use the information included in the Excel Simulation
and the Excel functions described below to complete the task.
Cell...
H J к Income Statement Debit Credit 200 B с D E F G 4 5 Instructions: The worksheet and the financial statements have been started and outlined. Where you see the word 6 "FORMULA", that is where a formula should be typed in Cash and AR in rows 13 and 14 have been 7 done for you as an example. Sometimes the formula is just bringing a number over to the next area in that case 8 type =...
х i Data Table F G 1 2 3 4 B С D E Moore's Landscaping Services Worksheet December 31, 2024 Unadjusted Trial Balance Adjustments Debit Credit Debit Credit $ 27,200 6400 $ 5.000 650 S380 2.960 (a) 1480 52.000 Adjusted Trial Balance Debit 5 Account Names Credit US 000 (c) 1.200 78.000 1300 6 Cash 7 Accounts Receivable 8 Office Supplies 9 Prepaid Rent 10 Equipment Accumulated Depreciation- 11 Equipe 12 Trucks 13 Accumulated Depreciation Tracks 14 Accounts Payable...
A1 ✓ Presented below are incomplete financial statements for Marta Communications, А B D с 1 Presented below are incomplete financial statements for Marta Communications, Inc. Do N- 3 Required: 4 Solve for the missing amounts. NOTE: When an amount on one financial statement is again shown on 5 another statement, you MUST reference the cell from the earlier statement rather than calculate the amount, thus 6 indicating the relationship between the two statements. 7 MARTA COMMUNICATIONS, INC. 9 Income...
help please with
m3-3
m3-4
m3-5
m3-6
super confused
Customer deposits Expenses Inventory purchases Wages paid Cost of sales Wages expense Utilities expense Net income Net income M3-3 LO3-2, 3-3 Identifying Revenues The following transactions are July activities of Craig's Bowling, Inc., which operates several bowling centers (for games and equipment sales). If revenue is to be recognized in July, indicate the reven account title and amount. If revenue is not to be recognized in July, explain why. CHAPTER 3...
Che 1. Acquired $30,000 cash from the issue of common stock 2. Paid $12,000 cash to purchase land. 3. Borrowed $10,000 cash 4. Provided services for $20,000 cash. 5. Paid $1,000 cash for utilities expense. 6. Paid $15,000 cash for other operating expenses. 7. Paid a $2,000 cash dividend to the stockholders. 8. Determined that the market value of the land purchased in Event 2 is now $12,700. Required a. The January 1, Year 2. general ledger account balances are...
Most questions answered within 3 hours.
-
If you were conducting a study involving twins regarding
genetics and/or upbringing, which would you use?...
asked 9 minutes ago -
Part 1- Inventory: You own a toy company and
you are producing wooden rocking horses. Assume...
asked 18 minutes ago -
What is aromaticity?
Identify aromatic molecules, especially those containing O, N,
S and B
asked 21 minutes ago -
A rubber solid circular wheel of uniform density spins about it
axis at rate of 60...
asked 32 minutes ago -
DNA evidence from an early human skeleton in Britain, shows that
early inhabitants of were blue...
asked 24 minutes ago -
Financial data for Joel de Paris, Inc., for last year
follow:
Joel de Paris, Inc.
Balance...
asked 32 minutes ago -
To practice Problem-Solving Strategy 19.1 Work in Ideal-gas
Processes.
A cylinder with initial volume V contains...
asked 41 minutes ago -
Depreciation for Partial Periods Bean Delivery Company purchased
a new delivery truck for $35,400 on April...
asked 45 minutes ago -
Q 5.23:
Jonathan has been doing calculations to determine a missing
component. So far he has...
asked 43 minutes ago -
Use indifference curve and the daily income-leisure choice model
to explain graphically the behavior of employees...
asked 1 hour ago -
Record the following transactions of Fashion Park in a
general journal. Fashion Park must charge 8...
asked 1 hour ago -
Chapter 08 Python Assignment: Question 1-5
Please I need help in my python course.
Question 1...
asked 1 hour ago