This Tutorial contains Excel Sheet which can be used to solve below mentioned Problem for any numbers\/values\t\u00a0\t\u00a0\tComplete\u00a0the assigned exercises in WileyPLUS.\t\u00a0\tExcel Exercise 1-15\tExcel Problem 1-3A\tExercise 2-1\tExercise 2-5\tProblem 2-3A\tProblem 2-2A\t\u00a0\tYou should see the following assignments that are due for a grade:\t\t\tChapter 1 – Excel assignment;\t\t\tChapter 2 – Homework assignment “\ufffd wileyplus prepare excel sheet\t\t\tChapter 2 “\ufffd Problems\u00a0 — prepare excel sheet\tNOTE: \u00a0Assignment must be completed by Due Date. \u00a0\t\u00a0\t\u00a0\tE1-15\u00a0\tClassify items as assets, liabilities, and stockholders’ equity, and prepare accounting equation \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0 \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0\tSuppose the following items were taken from the balance sheet of Nike, Inc. (All items are in millions.)\u00a0\u00a0 \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\t \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0 \ufffd \ufffd\u00a0\t1. \ufffd\u00a0\u00a0\u00a0 Cash\u00a0\u00a0\u00a0 $2,291.1 \ufffd \ufffd \ufffd \ufffd\u00a0 7. \ufffd\u00a0\u00a0\u00a0 Inventory \ufffd\u00a0\u00a0 $2,357.0 \ufffd\u00a0\u00a0\u00a0\u00a0\t2. \ufffd\u00a0\u00a0\u00a0 Accounts receivable\u00a0\u00a0\u00a0 2,883.9 \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0 8. \ufffd\u00a0\u00a0\u00a0 Income taxes payable\u00a0 86.3\u00a0\u00a0\u00a0\u00a0\t3. \ufffd\u00a0\u00a0\u00a0 Common stock \ufffd \ufffd\u00a0 2,874.2 \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0 9. \ufffd\u00a0\u00a0\u00a0 Equipment \ufffd\u00a0 1,957.7 \ufffd \ufffd\u00a0\t4. \ufffd\u00a0\u00a0\u00a0 Notes payable 342.9 \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0 10. \ufffd\u00a0 Retained earnings \ufffd\u00a0 5,818.9 \ufffd \ufffd\u00a0\t5. \ufffd\u00a0\u00a0\u00a0 Buildings \ufffd\u00a0\u00a0\u00a0 3,759.9 \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0 11. \ufffd\u00a0 Accounts payable \ufffd\u00a0\u00a0 2,815.8 \ufffd \ufffd\u00a0\t6. \ufffd\u00a0\u00a0\u00a0 Mortgage payable \ufffd\u00a0 1,311.5 \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0\t \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0\tInstructions \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\t(a) \ufffd\u00a0\u00a0 Classify each of these items as an asset, liability, or stockholders’ equity and determine the total \u00a0 \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0\t \ufffd \ufffd\u00a0 dollar amount for each classification. \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\t(b) \ufffd\u00a0\u00a0 Determine Nike’s accounting equation by calculating the value of total assets, total liabilities, and \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0\t \ufffd \ufffd\u00a0 total stockholders’ equity. \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\t(c ) \ufffd\u00a0 To what extent does Nike rely on debt versus equity financing? \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0 \ufffd \ufffd\u00a0\tNOTE:\u00a0 Enter a number in cells requesting a value; enter either a number or a formula in cells with a “?”\t\u00a0\t\u00a0\tP1-3A\u00a0\tPrepare an income statement, retained earnings statement and balance sheet; discuss results \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0 \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\tOn June 1, Hightower Service Co. was started with an initial investment in the company of $22,100 cash. \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0\tHere are the assets, liabilities, and common stock of the company at June 30, and the revenues and \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\texpenses for the month of June, its first month of operations: \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0\t \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0\t \ufffd \ufffd\u00a0 Cash\u00a0\u00a0\u00a0 $4,600 \ufffd \ufffd\u00a0\u00a0 Notes payable $12,000\t \ufffd \ufffd\u00a0 Accounts receivable\u00a0\u00a0\u00a0 4,000 \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0 Accounts payable \ufffd\u00a0\u00a0 500\t \ufffd \ufffd\u00a0 Service revenue \ufffd \ufffd 7,500 \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0 Supplies expense \ufffd\u00a0\u00a0\u00a0 1,000\t \ufffd \ufffd\u00a0 Supplies \ufffd \ufffd 2,400 \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0 Maintenance and repairs expense \ufffd\u00a0 600\t \ufffd \ufffd\u00a0 Advertising expense\u00a0\u00a0 400 \ufffd \ufffd \ufffd\u00a0\u00a0 Utilities expense \ufffd\u00a0\u00a0\u00a0\u00a0 300\t \ufffd \ufffd\u00a0 Equipment \ufffd\u00a0 26,000 \ufffd \ufffd\u00a0\u00a0 Salaries and wages expense\u00a0\u00a0\u00a0 1,400\t \ufffd \ufffd\u00a0 Common Stock \ufffd \ufffd 22,100 \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0\t \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0\tIn June, the company issued no additional stock but paid dividends of $1,400. \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0 \ufffd \ufffd\u00a0\t \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0\tInstructions \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\t(a) \ufffd\u00a0\u00a0 Prepare an income statement and retained earnings statement for the month of June and a balance sheet \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0\t \ufffd \ufffd\u00a0 at June 30, 2014. \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0\t(b) \ufffd\u00a0\u00a0 Briefly discuss whether the company’s first month of operations was a success. \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0 \ufffd \ufffd\u00a0\t(c ) \ufffd\u00a0 Discuss the company’s decision to distribute a dividend. \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\tNOTE:\u00a0 Enter a number in cells requesting a value; enter either a number or a formula in cells with a “?” .\t\u00a0\t\u00a0\t\u00a0\tExercise 2-1\t\u00a0\tClassify each of the following financial statement items taken from Mordica Corporation’s balance sheet.\t\u00a0\t \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0 \ufffd \ufffd \ufffd Accounts payable\t \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0 \ufffd \ufffd \ufffd Accounts receivable\tEntry field with incorrect answer \ufffd\u00a0 Accumulated depreciation”\ufffdequipment\t \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0 \ufffd \ufffd \ufffd Buildings\t \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0 \ufffd \ufffd \ufffd Cash\t \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0 \ufffd \ufffd \ufffd Interest payable\t \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0 \ufffd \ufffd \ufffd Goodwill\t \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0 \ufffd \ufffd \ufffd Income taxes payable\t \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0 \ufffd \ufffd \ufffd Inventory\t \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd Stock investments (to be\t \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0 \ufffd \ufffd \ufffd \ufffd Land (in use)\t \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0 \ufffd \ufffd \ufffd Mortgage payable\t \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0 \ufffd \ufffd \ufffd Supplies\t \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0 \ufffd \ufffd \ufffd Equipment\t \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0 \ufffd \ufffd \ufffd Prepaid rent\t\u00a0\t\u00a0\tExercise 2-5\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\tThese items are taken from the financial statements of Donavan Co. at December 31, 2014.\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tBuildings\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t$121,035\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tAccounts receivable\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t14,414\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tPrepaid insurance\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t3,661\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tCash\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t13,545\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tEquipment\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t94,266\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tLand\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t70,013\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tInsurance expense\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t892\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tDepreciation expense\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t6,063\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tInterest expense\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t2,974\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tCommon stock\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t68,640\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tRetained earnings (January 1, 2014)\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t45,760\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tAccumulated depreciation”\ufffdbuildings\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t52,166\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tAccounts payable\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t10,868\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tNotes payable\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t107,078\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tAccumulated depreciation”\ufffdequipment\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t21,416\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tInterest payable\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t4,118\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tService revenue\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t16,817\t\t\t\t\t\t\t\u00a0\t\u00a0\tProblem 2-3A\tYou are provided with the following information for Ramirez Enterprises, effective as of its April 30, 2014, year-end.\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tAccounts payable\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t$\u00a0868\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tAccounts receivable\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t918\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tAccumulated depreciation”\ufffdequipment\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t670\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tCash\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t1,378\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tCommon stock\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t1,224\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tCost of goods sold\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t1,094\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tDepreciation expense\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t301\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tDividends\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t359\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tEquipment\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t2,528\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tIncome tax expense\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t199\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tIncome taxes payable\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t169\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tInsurance expense\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t244\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tInterest expense\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t434\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tInventory\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t1,075\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tLand\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t3,208\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tMortgage payable\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t3,608\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tNotes payable\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t169\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tPrepaid insurance\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t94\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tRetained earnings (beginning)\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t1,600\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tSalaries and wages expense\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t666\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tSalaries and wages payable\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t256\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tSales revenue\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t5,208\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tStock investments (short-term)\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t1,274\t\t\t\t\t\t\tPrepare an income statement for Ramirez Enterprises for the year ended April 30, 2014.\t\u00a0\tProblem 2-2A\tThese items are taken from the financial statements of Tresh Corporation for 2014.\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tRetained earnings (beginning of year)\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t$34,462\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tUtilities expense\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t2,128\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tEquipment\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t69,462\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tAccounts payable\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t23,048\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tCash\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t12,343\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tSalaries and wages payable\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t4,884\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tCommon stock\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t12,000\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tDividends\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t12,000\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tService revenue\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t71,415\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tPrepaid insurance\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t5,384\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tMaintenance and repairs expense\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t1,672\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tDepreciation expense\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t3,189\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tAccounts receivable\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t16,448\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tInsurance expense\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t2,611\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tSalaries and wages expense\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t40,415\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tAccumulated depreciation”\ufffdequipment\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t19,843<\/p>\n","protected":false},"excerpt":{"rendered":"
This Tutorial contains Excel Sheet which can be used to solve below mentioned Problem for any numbers\/values \u00a0 \u00a0 Complete\u00a0the assigned exercises in WileyPLUS. \u00a0 Excel Exercise 1-15 Excel Problem 1-3A Exercise 2-1 Exercise 2-5 Problem 2-3A Problem 2-2A \u00a0 Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-219251","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/219251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=219251"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/219251\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=219251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=219251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=219251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}