ABDE1AssetsCash67,9715,10023Accounts Receivable4 Inventory5 Current Assets6 Property & Equipment7 Goodwill7,80580,87645,50020,000146,376Total Assets10 Liabilities11 Short Term Debt12 Accounts Payable13 Current Liabilities3,9023,90250,00053,90214 Long Term Debt15 Total Liabilities16 Shareholder's Equity17 Equity Capital18 Retained Earnings19 Shareholder's Equity20 Total Liabilities & Shareholder's Equity70,0002,47472,474126,37621=IF(D8=D20,"OK")222324Given the above screenshot, what is the resultingvalue in cell D22?ERRORTRUEOKFALSE

Generally the balance sheet should give asset= liability. If function in Excel used to validate a…

C D 1 Assets 2 Cash 3 Accounts Receivable 67,971 5,100 7,805 80,876 4 Inventory 5 Current Assets 6 Property & Equipment 7 Goodwill 8 Total Assets 45,500 20,000 146,376 9. 10 Liabilities 11 Short Term Debt 12 Accounts Payable 13 Current Liabilities 3,902 3,902 14 Long Term Debt 50,000 53,902 15 Total Liabilities 16 Shareholder's Equity 17 Equity Capital 18 Retained Earning 19 Shareholder's Equity 20 Total Liabilities & Shareholder's Equity 70,000 2,474 72,474 126,376 21 22 =IF(D8=D20,"OK") 23 24

C D 1 Assets 2 Cash 3 Accounts Receivable 67,971 5,100 7,805 80,876 4 Inventory 5 Current Assets 6 Property & Equipment 7 Goodwill 8 Total Assets 45,500 20,000 146,376 9. 10 Liabilities 11 Short Term Debt 12 Accounts Payable 13 Current Liabilities 3,902 3,902 14 Long Term Debt 50,000 53,902 15 Total Liabilities 16 Shareholder's Equity 17 Equity Capital 18 Retained Earning 19 Shareholder's Equity 20 Total Liabilities & Shareholder's Equity 70,000 2,474 72,474 126,376 21 22 =IF(D8=D20,"OK") 23 24

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Q.1 The Balance Sheet of Punjab Auto Limited as on 31‐12‐2002 was as follows: Particulars Amount(Rs.) Particulars Amount(Rs.)Equity Share CapitalCapital Reserve8% Loan on Mortgage CreditorsBank overdraft Taxation:CurrentFutureProfit and Loss A/c40,0008,00032,00016,0004,0004,0004,00012,000Plant and Machinery Land and Buildings Furniture & Fixtures StockDebtorsInvestments (Short‐term)Cash in hand24,00040,00016,00012,00012,0004,00012,0001,20,000 1,20,000From the above, compute (a) the Current Ratio, (b) Quick Ratio, (c) Debt‐Equity Ratio, and (d) Proprietary Ratio.
SOLVE FOR THE RETURN ON EQUITY Given: Equity Attributable to Equity Holders of the Parent Company Capital Stock ₱ 2,498,991,753 Additional Paid-in Capital 706,364,357 Revaluation Surplus on Property and Equipment 2,211,108,991 Retirement benefits reserve 83,695,458 Foreign currency translation adjustment 52,542,000 Fair value reserve 2,063,223 Refined earnings (accumulated deficit) (404,632,514) Total Equity Attributable to Equity Holders of the Parent Company 5,150,133,268 Noncontrolling Interests 867,381,339 Total Equity ₱ 6,017,514,607 Net Income 198,733,201 Total Comprehensive Income ₱ 183,147,615
ACC610
Question No. 1: Given Data Net interest income 810 Provision for loan loss 90 Total non-interest expenses 840 3060 Total interest income A Income taxes 60 Increase in bank's undivided profits 84 Total non-interest income 360 Securities gain (losses) (30) Extraordinary items (15) Using the above data please calculate the following items: | No. Item 1 Net Income after Taxes 2 Total Operating Revenues Total Operating Expenses to Dividends Paid Common Stockholders. Net Noninterest Income 3 4 $ Solve for Net Income After Taxes Total Interest Income Total Int. Expenses Provision Loan Loss Noninterest Income Noninterest expenses Pretax Securities losses Pretax net Tax Before Extraordinary Extraordinary Net Income after Taxes Calculation I
Pls I need fast answer
Trading stock Bank Cash float Sales R16 384 R450 (2) (4) R20 340 2. R39 551 CRJ2: Bank Sales R12 771 R 8514 Cost of sales Sundry accounts R26 780 * *The toral of the sundry accounts consists of: R19 500 on 1 July 20.7 R 1 780 on 19 July 20.7 R 5 500 on 30 July 20.7 Capital Rent income Capital R11 925 R 3 448 R 2 480 R 376 R 5 621 * CPJ2: Bank Trading stock Wages Packing material Sundry accounts The total of the sundry accounts consists of: Equipment Stationery Stationery Telephone Water and electricity R 595 on 22 July Drawings R4 070 on 6 July 38 on 6 July R 124 on 13 July R 348 on 21 July R R 446 on 22 July he Trial Balance ve saw fom the
Probability of financial Value of debt distress $0 0% $2,500,000 1% $5,000,000 2% $7,500,000 4% $10,000,000 8% $12,500,000 16% $15,000,000 32% $20,000,000 64%
C7
None
With solutions
Pls Solve question g
Genatron Manufacturing Corporatio Balancs Sh出出t 2017 216 ASSETS Cach $41,752 $51,878 Accts. recelvable 260, 499 200,543 Inventory 450,460 Total current assets B02, 735 702,181 Fixed asset, nct 300, 100 $1,202, 735 $1,002, 381 LIABILITIES AND EQUITY Accts. paysble $172,648 $131,068 Bank loan 91,013 91,013 Accrusis 70,000 50, 000 Total current Isbllties 333,661 272.081 Long-term deot, 12% 398,220 290,301 Common stock, $10 par 300,000 Capital surplus 44,555 44,555 Retained crninga 126,299 95,444 Total liabiliiti &oulty 51.202,735 51,002,381 2017 2016 Net sales Cost of peocS So0 388,411 Gross profit E72.274 Experses: General ancasm nistrative 50.000 Market ng cod ost rer cs 44.5E5 Ceprec at cn v (a) Calculate Genatron's dollar amount of net working capital in each year. Interest E5.024 Earnings tetsre taxes 267.055 227.266 2017 2016 Incometaxes 75 145 Net working capital et ncome %24