Please provide the formulas used to find these missing amounts in the T-Accounts.  Please do not use an Excel sheet.  If you could type out the formula that would make it easier for me to understand. 1) Find Missing CR amount Left Side of T-Account Beginning Balance 4800 Transaction A Transaction B 6000 Transaction E 8700 Right Side of T-Account Transaction C-amount unknown Transaction D 1200 Transaction F 4200   2) Find Beginning Balance on DR Side  Debit Side of T-Account Beginning Balance-Unknown Transaction B 5000 Ending Balance 65000 Right Side of T-Account Transaction A 2000 Transaction C 25000   3) Find Missing CR Amount Debit Side of Account Beginning Balance 0 Transaction A 1500 Transaction B 6000 Transaction C 8700 Ending Balance 14700 Credit Side of Account Transaction D-Unknown 4) Find Missing Ending Balance Amount on DR side Left Side of T-Account  Beginning Balance 0 Transaction A 1500 Transaction B 2000 Ending Balance-Unknown Rigth Side of T-Account-No Transactions

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Please provide the formulas used to find these missing amounts in the T-Accounts.  Please do not use an Excel sheet.  If you could type out the formula that would make it easier for me to understand.

1) Find Missing CR amount

Left Side of T-Account

Beginning Balance 4800

Transaction A

Transaction B 6000

Transaction E 8700

Right Side of T-Account

Transaction C-amount unknown

Transaction D 1200

Transaction F 4200

 

2) Find Beginning Balance on DR Side 

Debit Side of T-Account

Beginning Balance-Unknown

Transaction B 5000

Ending Balance 65000

Right Side of T-Account

Transaction A 2000

Transaction C 25000

 

3) Find Missing CR Amount

Debit Side of Account

Beginning Balance 0

Transaction A 1500

Transaction B 6000

Transaction C 8700

Ending Balance 14700

Credit Side of Account

Transaction D-Unknown

4) Find Missing Ending Balance Amount on DR side

Left Side of T-Account 

Beginning Balance 0

Transaction A 1500

Transaction B 2000

Ending Balance-Unknown

Rigth Side of T-Account-No Transactions

 

 

 

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