AutoSavea Ch13Homework_Question5OFFHomeInsertDrawPage LayoutFormulasDataReviewViewTell meA ShareCommentsA^ AKA Insert vLiberation Sans1222 Wrap Text vCustomDelete vВ I UA$ v % 9.00Conditional FormatCellFind &SelectAnalyzeDataPasteMerge & Center vSort &Sensitivity00Formatting as TableStylesFormat vFilterС32fxK L0 PAВCDEGHJMNRSUVWXFormula: Divide; Cell Referencing123 Using Excel to Perform Vertical AnalysisPROBLEMStudent Work AreaRequired: Provide input into cells shaded in yellow in this template. Use mathematicalformulas with cell references to this work area.45 Data from the comparative balance sheets of Rollaird Company is6 presented here.7December 31,December 31,Using these data from the comparative balance sheets of Rollaird Company, perform verticalanalysis.8.9.20222021Accounts receivable (net)$460,000 $780,000400,000650,0001011InventoryDecember 31, 2022December 31, 202112Total assets3,164,0002,800,000AmountPercentAmountPercent13Accounts receivable (net)$460,000$400,0001415Inventory780,000650,0001617Total assets3,164,0002,800,0001819202122232425262728293031323334353637383940414243Enter Answer+Ready+100%曲

Vertical analysis is to analyze the financial statement by taking one base value. In this, all the…

R Formula: Divide; Cell Referencing Using Excel to Perform Vertical Analysis Student Work Area PROBLEM Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to this work area Data from the comparative balance sheets of Rollaird Company is presented here. December 31, December 31, 2021 Using these data from the comparative balance sheets of Rollaird Company, perform vertical analysis. 2022 Accounts receivable (net) Inventory 460,000 $ 780,000 400,000 December 31, 2022 December 31, 2021 Amount 400.000 650,000 Total assets 3,164,000 2,800,000 Amount Percent Percent Accounts receivable (net) $ 460,000 Inventory 780,000 650,000 Total assets 3,164,000 2,800,000

R Formula: Divide; Cell Referencing Using Excel to Perform Vertical Analysis Student Work Area PROBLEM Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to this work area Data from the comparative balance sheets of Rollaird Company is presented here. December 31, December 31, 2021 Using these data from the comparative balance sheets of Rollaird Company, perform vertical analysis. 2022 Accounts receivable (net) Inventory 460,000 $ 780,000 400,000 December 31, 2022 December 31, 2021 Amount 400.000 650,000 Total assets 3,164,000 2,800,000 Amount Percent Percent Accounts receivable (net) $ 460,000 Inventory 780,000 650,000 Total assets 3,164,000 2,800,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Saved to my Mac Design Layout References Mailings Review View Q Tell me | 11 A^ A Aa v AaBbCcDdE ab X2 x A v Av 三三三=| 三。 Normal 3. Given the following financial data below prepare the appropriate closing journal entries Owner's Capital Ending Inventory $ 50,000 18,000 Owner's Withdrawals 23,000 Sales Revenue 500,000 Purchases 110,000 20,000 కంకిలో Sales Returns and Allowances Freight Hn 5,400 Sales Discounts 7,500 Purchase returns and Allowances Beginning inventory Freight-Out Advertising Expense Interest Expense 4,000 17,000 2,300 15,000 19,200 53,000 Salaries and Wages Expense Utilities Expense 18,000 9,000 Depreciation Expense Interest Revenue 18,000 Required: Prepare the closing entries
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ne - CengageNOWv2 | Online teache X CengageNOWv2 | Online teachin x Assignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Show Me How Print Item Cost of Direc Materlals Used in Production for a Manufacturing Company Walker Manufacturing Company reported the following materials data for the month ending June 30. Materials purchased $845,700 Materials inventory, June 1 238 500 Materials inventery, June 30 190.400 Determine the cost of direct maternals used d producton ay Walkerduring the month ended June 30.
View Policies Current Attempt in Progress Using the following information: beginning materials inventory = $50,000; raw materials purchased on account = $20,000; material issued out to the shop floor = $45,000, what is the ending balance of materials inventory? O $45,000 O $95,000 O $65,000 O $25,000 eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer
Manufacturing Overhead Debit Credit 3,380 50,880 15,780 37,320 5,600
laun OPI=https%253A%252F%252Fblackboard.waketech.edu%252Fwebapps%252Fportal%252Fframeset.jsp%253Ftab_tab dexternal_browser%3U From the following, prepare a classified balance sheet for Bach Crawlers as of December 31, 2020. Ending merchandise inventory was $5,300 for the year. Cash Prepaid rent Prepaid insurance Office equipment (net) $ 7,300 2,250 5,300 6,300 Accounts payable Salaries payable Note payable (long term) P. Bach, capital* $ 2,450 2,250 9,300 12,450 *What the owner supplies to the business. Replaces common stock and retained earnings section. BACH CRAWLERS Balance Sheet December 31, 2020 Assets Liabilities Current assets: Current liabilities: Total current assets Total current liabilities Long-term liabilities: Total liabilities Plant and equipment: Owner's Equity 回可可 acer
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What is the business activity that's occurring for the customer? Describe the transaction in accounting terms.
Assessment #1 _Cost Classification Inventory valuation Question 1 Part 1 Gopaul Electronics designs and manufactures specialized switches for the telecommunications industry. The accounting records of the business reflect the following data at December 31, 2023: Inventory 1/1/2023 31/12/2023 Raw Materials $260,000 $230,000 Work In Progress $333,800 $218,800 Finished Goods $1,075,200 $615,000 Other information: Sales Revenue Factory supplies Direct Factory Labor Special Design Cost Raw Plant janitorial service Depreciation: Plant & Equipment Purchased Plant Utilities Plant supervisor's salary Property Taxes ¹ R & D for Graphic Designs Office Utilities Insurance on Plant & Equipment Delivery truck driver's wages Depreciation: Delivery truck Administrative Wages & Salaries Sales Commission $5,765,000 45,000 735,000 15,000 540,000 52,000 165,000 385,000 480,000 300,000 70,500 165,000 120,000 125,000 52,000 850,150 97,650 ¹ The property taxes should be shared: 60% manufacturing & 40%…
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