Starting with this chapter, each chapter in this text will include a spreadsheet assignment based on the

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Starting with this chapter, each chapter in this text will include a spreadsheet assignment based on the financial information of a fictitious company named Handyman.

The first assignments are simple-in this chapter you are asked to do little more than set up financial statement formats and input some numbers. In succeeding chapters, the spreadsheets will get more complex so that by the end of the course you will have constructed a spreadsheet that allows you to forecast operating cash flow for five years in the future and adjust your forecast depending on the operating parameters that you think are most reasonable.

So, let's get started with the first spreadsheet assignment.

The following numbers are for Handyman Company for 2009:

Starting with this chapter, each chapter in this text will

Your assignment is to create a spreadsheet containing a balance sheet and an income statement for Handyman Company.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Financial Accounting

ISBN: 978-0324645576

10th edition

Authors: W. Steve Albrecht, James D. Stice, Earl K. Stice

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