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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
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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|日5 Relationships among Financial Statements - Excel FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Calibri 11 A Alignment Number Conditional Format as Cell Formatting Table Styles Paste BIU. Cells Clipboard G Font Styles A1 Presented below are incomplete financial statements for Marta Communications, A 1 'resented below are incomplete financialstatements for Marta Communications, Inc. 2 3 tequired: iolve for the missing amounts. NOTE: When on amount on one financial stotement is again shown on inother stotement, you MUST reference the cell from the earlier stotement rather than colculote the omount, thus 4 ces 5. ndicoting the relationship between the two statements. MARTA COMMUNICATIONS, INC. Income Statement 10 For the Month Ended March 31, 20X1 11 iales Revenues S34,500 12 xpenses: Rent Expense 14 Wages Expense 13 2,600 15 Utilities Expense 4,800 16 Income Tax Expense 800 17 det income 54,100 18 19 20 MARTA COMMUNICATIONS, INC. 21 Statement of Retained Earnings 22 For the Month Ended March 31, 20X1 23 letained Earnings, March 1, 20X1 50 24 Add: Net income
Transcribed Image Text:|日5 Relationships among Financial Statements - Excel FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Calibri 11 A Alignment Number Conditional Format as Cell Formatting Table Styles Paste BIU. Cells Clipboard G Font Styles A1 Presented below are incomplete financial statements for Marta Communications, A 1 'resented below are incomplete financialstatements for Marta Communications, Inc. 2 3 tequired: iolve for the missing amounts. NOTE: When on amount on one financial stotement is again shown on inother stotement, you MUST reference the cell from the earlier stotement rather than colculote the omount, thus 4 ces 5. ndicoting the relationship between the two statements. MARTA COMMUNICATIONS, INC. Income Statement 10 For the Month Ended March 31, 20X1 11 iales Revenues S34,500 12 xpenses: Rent Expense 14 Wages Expense 13 2,600 15 Utilities Expense 4,800 16 Income Tax Expense 800 17 det income 54,100 18 19 20 MARTA COMMUNICATIONS, INC. 21 Statement of Retained Earnings 22 For the Month Ended March 31, 20X1 23 letained Earnings, March 1, 20X1 50 24 Add: Net income
1. Solve for the missing amounts and understand how the financial statements are linked. 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 Clipbaard G Fant Styles A1 Presented below are incomplete financial statements for Marta Communications, A D 11 idies nevernues 12 ixpenses: Rent Expense Wages Expense Utilities Expense 13 2,600 14 4,800 800 $4,100 15 16 Income Tax Expense 17 det income 18 19 MARTA COMMUNICATIONS, INC. Statement of Retained Earnings 20 21 22 For the Month Ended March 31, 20x1 23 tetained Earnings, March 1, 20X1 50 24 Add: Net income 25 Subtract: Dividends (500) 26 tetained Earnings, March 31, 20X1 27 28 MARTA COMMUNICATIONS, INC. 29
Transcribed Image Text:1. Solve for the missing amounts and understand how the financial statements are linked. 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 Clipbaard G Fant Styles A1 Presented below are incomplete financial statements for Marta Communications, A D 11 idies nevernues 12 ixpenses: Rent Expense Wages Expense Utilities Expense 13 2,600 14 4,800 800 $4,100 15 16 Income Tax Expense 17 det income 18 19 MARTA COMMUNICATIONS, INC. Statement of Retained Earnings 20 21 22 For the Month Ended March 31, 20x1 23 tetained Earnings, March 1, 20X1 50 24 Add: Net income 25 Subtract: Dividends (500) 26 tetained Earnings, March 31, 20X1 27 28 MARTA COMMUNICATIONS, INC. 29
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