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Question 5: Which letter is identifying the banded rows? Answer: 4 Fixed Asset 5 Equipment 7 A A Piano 8 Studio Furniture 9 Total B B Date of Acquisition Cost C 1/1/2025 $ 24,000 1/1/2018 $ 12,400 1/1/2026 $ 3,000 $ 39,400

Question 5: Which letter is identifying the banded rows? Answer: 4 Fixed Asset 5 Equipment 7 A A Piano 8 Studio Furniture 9 Total B B Date of Acquisition Cost C 1/1/2025 $ 24,000 1/1/2018 $ 12,400 1/1/2026 $ 3,000 $ 39,400

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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### Understanding Banded Rows and Spreadsheet Structure #### Question 5: Which letter is identifying the banded rows? **Answer:** This image displays a spreadsheet that contains information about fixed assets. It includes three columns with headers: - **Column A** - "Fixed Asset" - **Column B** - "Date of Acquisition" - **Column C** - "Cost" Each row under these columns represents different items and their respective data. Let's break it down further: #### Breakdown of the Spreadsheet: 1. **Header Row (Row 4):** - **Column A**: Fixed Asset - **Column B**: Date of Acquisition - **Column C**: Cost 2. **Content Rows:** - **Row 5**: - Fixed Asset: Equipment - Date of Acquisition: 1/1/2025 - Cost: $24,000 - **Row 7**: - Fixed Asset: Piano - Date of Acquisition: 1/1/2018 - Cost: $12,400 - **Row 8**: - Fixed Asset: Studio Furniture - Date of Acquisition: 1/1/2026 - Cost: $3,000 - **Row 9**: - Fixed Asset: Total - Cost: $39,400 #### Visualization of the Rows: - **Banding (Alternating Row Colors):** - Rows 5 and 7 have alternating colors which helps in distinguishing between different rows. - The row containing "Equipment" and "Piano" are banded. #### Identifying Elements: - **Letter A** points to the header "Fixed Asset". - **Letter B** points to the "Total" row. - **Letter C** points to the header "Cost". - **Letter D** points out an example of a banded row with the entry "Piano". #### Explanation for Banded Rows: **Banded rows** refer to the alternating color of rows in spreadsheets, which make data easier to read. The banded rows in this spreadsheet are identified by **Letter D**, pointing to Row 7 as an example of this alternation. On educational platforms, banding enhances the readability of data, making it straightforward for students and practitioners to follow and interpret various rows of data effectively. --- This clear distinction in formatting ensures a better user
Transcribed Image Text:### Understanding Banded Rows and Spreadsheet Structure #### Question 5: Which letter is identifying the banded rows? **Answer:** This image displays a spreadsheet that contains information about fixed assets. It includes three columns with headers: - **Column A** - "Fixed Asset" - **Column B** - "Date of Acquisition" - **Column C** - "Cost" Each row under these columns represents different items and their respective data. Let's break it down further: #### Breakdown of the Spreadsheet: 1. **Header Row (Row 4):** - **Column A**: Fixed Asset - **Column B**: Date of Acquisition - **Column C**: Cost 2. **Content Rows:** - **Row 5**: - Fixed Asset: Equipment - Date of Acquisition: 1/1/2025 - Cost: $24,000 - **Row 7**: - Fixed Asset: Piano - Date of Acquisition: 1/1/2018 - Cost: $12,400 - **Row 8**: - Fixed Asset: Studio Furniture - Date of Acquisition: 1/1/2026 - Cost: $3,000 - **Row 9**: - Fixed Asset: Total - Cost: $39,400 #### Visualization of the Rows: - **Banding (Alternating Row Colors):** - Rows 5 and 7 have alternating colors which helps in distinguishing between different rows. - The row containing "Equipment" and "Piano" are banded. #### Identifying Elements: - **Letter A** points to the header "Fixed Asset". - **Letter B** points to the "Total" row. - **Letter C** points to the header "Cost". - **Letter D** points out an example of a banded row with the entry "Piano". #### Explanation for Banded Rows: **Banded rows** refer to the alternating color of rows in spreadsheets, which make data easier to read. The banded rows in this spreadsheet are identified by **Letter D**, pointing to Row 7 as an example of this alternation. On educational platforms, banding enhances the readability of data, making it straightforward for students and practitioners to follow and interpret various rows of data effectively. --- This clear distinction in formatting ensures a better user
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