Excel Applications for Accounting Principles
4th Edition
ISBN: 9781111581565
Author: Gaylord N. Smith
Publisher: Cengage Learning
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Chapter 6, Problem 2R
To determine
Print the worksheet and print formulae.
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My first question is...are my general journal entries correct? Second question is...What number would be the warrant revenue for year 1?
Please see attachments,
Thank you!
Can you help me find the blanks
. Download Target’s 2021 annual report. Do this in one of two ways:
Go to the Target.com website: Annual Reports and Archive (target.com). Make sure you use the 2021 report.
Or use the Mergent Online library database: https://guides.rasmussen.edu/mergent.
2. Using Target’s annual report, record your findings in a written report.
Use complete sentences in a report format.
Double-space your report.
The report should be 5 paragraphs. Include a brief introduction, report the requested information from the three paragraphs below, and write a summary paragraph.
Include in-text citations and an APA format reference page. There should be at least one reference given for the 2021 annual report. FAQ citing an annual report from Mergent Online FAQ citing an annual report from a website.
Paragraph one: The statements start on about page 38. Use the 2021 numbers. Using a table, record the total revenue, operating income, and net earnings for 2021. Using sentences, explain what these numbers…
Chapter 6 Solutions
Excel Applications for Accounting Principles
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- Open the file VARCOST from the website for this book at cengagebrain.com. Enter the formulas where indicated on the worksheet. Enter your name in cell A1. Save the completed file as VARCOST2. Print the worksheet when done. Also print your formulas. Check figure: Absorption income (cell C31), 768,000.arrow_forwardThe following information is for Bonnies Buds, a nursery and floral shop, for the month ended May 31, 2012: Open the file FMERCH from the website for this book at cengagebrain.com. Enter all formulas and titles where indicated on the worksheet. For example, FORMULA2 is =G29 and TITLE A is Sales Discount. When you are finished, make sure that your balance sheet balances. Enter your name in cell A1. Save your completed file as FMERCH2. Print the worksheet. Also print your formulas. Check figure: Total assets (cell G101), 545,880.arrow_forwardOpen the file MASTER from the website for this book at cengagebrain.com. Enter all the formulas where indicated on the worksheet. Check to be sure that your balance sheet balances. Enter your name in cell A1. Save the completed file as MASTER2. Print the worksheet when done. Also print your formulas using fit-to-1 page scaling. Check figures: Borrowing (cell B78), $7,280; forecasted net income (cell D95), $40,200; total assets (cell D105), $507,600.arrow_forward
- Open the file CVP from the website for this book at cengagebrain.com. Enter the formulas where indicated on the worksheet. Enter your name in cell A1. Save the solution as CVP2 and print the worksheet. Also print your formulas. Check figures: Break-even point in sales dollars (cell C35), 1,616,000; Net income (cell C38), 95,000.arrow_forwardA moodle.jamessprunt.edu/mod/quiz/attempt.php?attempt3D473287&cmid%3D605671&page%3D10 CC JSCC Homepage - Tech Support Student Toolbox JSCC Bookstore English (United States) (en_us) - For each account below, indicate the normal balance of the account. Notes Payable (due in 5 years) =21 Choose. tion Advertising Expense Choose., Cash Choose. J. Smith, Capital Choose. Accumulated Depreciation Choose. J. Smith, Drawing Choose. Rent Revenue Choose. Land Choose. Sales Choose. Mortgage Payable Choose. Interest Expense Choose. Merchandise Inventory Choose. Depreciation Expense - Office Building Choose. Accounts Payable Choose. Depreciation Expense - Store Choose. Customer Refunds Payable Choose. Freight Out Choose. Accounts Receivable Choose. Office Supplies Expense Choose. Unearned Rent Choose. : Prepaid Insurance Choose.. Type here to search hp 立arrow_forwardCan you help me find the blanksarrow_forward
- Safari File Edit View History Bookmarks Window Help Inbox (3,222) - tonygonzalez0100@g... learn-us-east-1-prod-fleet02-xythos.content.blackboardcdn.com Bb Welcome, Tony - Blackboard Learn The Effect of Compounding 4. Use the TVM Calculator to fill in the following table given that the APR is 6%. Round to 2 decimal places as needed. PV = PMT = FV = APR = Periods = CHANGES Compounding: CHANGES Bb NCBM 0222/MATD 0485 Unit 4 Conte... DEC 7 Principal Compounding Periods Annually $1,000 $1,000 $1,000 $1,000 $1,000 Semiannually tv Monthly Weekly Bb https://learn-us-east-1-prod-fleet02-x... Daily If we summarize the effect seen in the table, we see that more compoundings per year means that you will have more money in the account, but the amount of increase will eventually level off. Most Screenshot publish the APY, or Annual Percentage Yield, instead of the APR to account for this effect. Amount after 1 year A 5 32 4/ Ơ Wed Dec 7 12:11 AM b Success Confirmation of Question Sub... t PM PM . PM…arrow_forwardcan someone give me a decription and or analysis of the following:(SEE PICTURE ATTACHED) THANK YOU! MERRY CHRISTMAS. Not graded.arrow_forwardRequired information (The Excel worksheet form that appears below is to be used to recreate part of the example relating to Turbo Crafters that appears earlier in the chapter.) Download the Applying Excel form and enter formulas in all cells that contain question marks. For example, in cell B13 enter the formula "= B5". After entering formulas in all of the cells that contained question marks, verify that the dollar amounts match the example in the text. Check your worksheet by changing the estimated total amount of the allocation base in the Data area to 50,000 machine-hours, keeping all of the other data the same as in the original example. If your worksheet is operating properly, the predetermined overhead rate should now be $6.00 per machine-hour. If you do not get this answer, find the errors in your worksheet and correct them. Save your completed Applying Excel form to your computer and then upload it here by clicking "Browse." Next, click "Save." You will use this…arrow_forward
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