only the photo 1a. Thank you. |日5Relationships among Financial Statements - ExcelFILEHOMEINSERTPAGE LAYOUTFORMULASDATAREVIEWVIEWSign InCalibri11AAlignment Number Conditional Format as CellFormatting Table StylesPasteBIU.CellsClipboard GFontStylesA1Presented below are incomplete financial statements for Marta Communications,A1 'resented below are incomplete financialstatements for Marta Communications, Inc.23 tequired:iolve for the missing amounts. NOTE: When on amount on one financial stotement is again shown oninother stotement, you MUST reference the cell from the earlier stotement rather than colculote the omount, thus4ces5.ndicoting the relationship between the two statements.MARTA COMMUNICATIONS, INC.Income Statement10For the Month Ended March 31, 20X111 iales RevenuesS34,50012 xpenses:Rent Expense14 Wages Expense132,60015Utilities Expense4,80016Income Tax Expense80017 det income54,100181920MARTA COMMUNICATIONS, INC.21Statement of Retained Earnings22For the Month Ended March 31, 20X123 letained Earnings, March 1, 20X15024Add: Net income 1. Solve for the missing amounts and understand how the financial statements are linked.Relationships among Financial Statements - ExcelFILEHOMEINSERTPAGE LAYOUTFORMULASDATAREVIEWVIEWSign InCalibri11A A%Alignment Number Conditional Format as CellFormatting Table StylesPasteBIU-CellsClipbaard GFantStylesA1Presented below are incomplete financial statements for Marta Communications,AD11idies nevernues12 ixpenses:Rent ExpenseWages ExpenseUtilities Expense132,600144,800800$4,1001516Income Tax Expense17 det income1819MARTA COMMUNICATIONS, INC.Statement of Retained Earnings202122For the Month Ended March 31, 20x123 tetained Earnings, March 1, 20X15024 Add: Net income25 Subtract: Dividends(500)26 tetained Earnings, March 31, 20X12728MARTA COMMUNICATIONS, INC.29

The question is based on the concept of Financial Accounting .

Relationships among Financial Statements - Excel FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign in Calibri -11 A A Alignment Number Conditional Format as Cell Formatting. Table Styles Paste BIU- Cells Clipboard G Font Styles . Presented below are incomplete financial statements for Marta Communications, A1 1 Tresented below are incomplete financial atatements for Marta Communications, Inc. tequired: olve for the missing amounts. NOTE: When on amount on one financial stotement is ogain shown on 5 inother stotement, you MUST reference the cell from the earlier stotement rather than calculate the omount, thus ndicoting the relationship between the two statements. MARTA COMMUNICATIONS, INC. Income Statement 10 For the Month Ended March 31, 20X1 11 ales Revenues 534,500

Relationships among Financial Statements - Excel FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign in Calibri -11 A A Alignment Number Conditional Format as Cell Formatting. Table Styles Paste BIU- Cells Clipboard G Font Styles . Presented below are incomplete financial statements for Marta Communications, A1 1 Tresented below are incomplete financial atatements for Marta Communications, Inc. tequired: olve for the missing amounts. NOTE: When on amount on one financial stotement is ogain shown on 5 inother stotement, you MUST reference the cell from the earlier stotement rather than calculate the omount, thus ndicoting the relationship between the two statements. MARTA COMMUNICATIONS, INC. Income Statement 10 For the Month Ended March 31, 20X1 11 ales Revenues 534,500

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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