accounting

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Business Finance

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do all answers on the excel document provided, show work any questions let me know i will gladly clarify.


In any assignment in Excel, YOU HAVE TO USE THE FORMULAS FOR ANY CALCULATIONS. show work.

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PROBLEM 2.5A HERE COME THE CLOWNS! Student to input value HERE COME THE CLOWNS! Balance Sheet June 30, current year Assets Cash * Notes receivable Accounts receivable Animals Cages Costumes Props and equipment Tents Trucks & wagons Total Liabilities & Owners' Equity $ 27,024 Liabilities: Notes payable Accounts payable Salaries payable Total liabilities Owners' equity: Capital stock Retained earnings Total $ $ - $ - 27,024 b. Copyright © 2018 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. SPENCER PLAYHOUSE Balance Sheet September 30, current year Assets Cash Accounts receivable Props and costumes Lighting equipment Total b. $ (1) (2) (3) (4) (5) (6) (7) - Liabilities & Owner's Equity Liabilities: Notes payable Accounts payable Salaries payable Total liabilities $ Owner's equity: Anita Spencer, capital Total $ - - (8) (9) Student to input value
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PROBLEM 2.5A
HERE COME THE CLOWNS!
Student to input value
HERE COME THE CLOWNS!
Balance Sheet
June 30, current year
Assets

Cash *
Notes receivable
Accounts receivable
Animals
Cages
Costumes
Props and equipment
Tents
Trucks & wagons
Total

Liabilities & Owners' Equity

$

$

27,024
11,400
8,940
226,872
29,556
37,800
107,496
75,600
127,008
651,696

Liabilities:
Notes payable
Accounts payable
Salaries payable
Total liabilities
Owners' equity:
Capital stock
Retained earnings

Total

$

$

216,000
31,320
11,700
259,020
360,000
32,676

$

651,696

b. In order to adjust the balance sheet accordingly we less $17,160 from Tents...


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