Question: Can someone help me with this on excel? HERE COME THE CLOWNS! is the name of a traveling circus. The ledger accounts of the business

Can someone help me with this on excel?

Can someone help me with this on excel? HERE COME THE CLOWNS!

HERE COME THE CLOWNS! is the name of a traveling circus. The ledger accounts of the business at June 30, current year, are listed here in alphabetical order 8.940 Notes Recelvable . 11,400 107,496 32,676 11,700 75,600 29,556 Retalned Earnings Capltal Stock Instructions a. Prepare a balance sheet by using these items and computing the amount of Cash at June 30 current year. Organize your balance sheet similar to the one illustrated in Exhibit 2-10. Include a proper balance sheet heading b. Assume that late in the evening of June 30, after your balance sheet had been prepared, a fire destroyed one of the tents, which had cost $17,160. The tent was not insured. Explain what changes would be required in your June 30 balance sheet to reflect the loss of this asset

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Problem 2.5A (Static) Preparing a Balance Sheet; Effects of a Change in Assets (LO2-4) HERE COME THE CLOWNS! is the name of a traveling circus. The ledger accounts of the business at June 30, current...

HERE COME THE CLOWNS! is the name of a traveling circus. The ledger accounts of the business at June 3 0 , current year, are listed here in alphabetical order.

Circus World is the name of a traveling circus. The ledger accounts of the business at June 30, current year, are listed here in alphabetical order. Instructions a. Prepare a balance sheet by using...

HERE COME THE CLOWNSI is the name of a triveling circus. The ledger accounts of the business at June 30 , current year. Page 75 are listed here in alphabetical order. Instructions a. Prepare a...

HERE COME THE CLOWNS! is the name of a traveling circus. The ledger accounts of the business at June 30, the current year, are listed here in alphabetical order. Instructions a. Prepare a balance...

Hello, Can you help me to finish step 5 to step 10, and also make a cash flow statement at the end? Here I attach the instruction file and the excel file that you continue to work on. There were some...

HERE COME THE CLOWNS! Is the name of a traveling circus? The ledger accounts of the business at June 30, 2011, are listed here in alphabetical order: Instructions a. Prepare a balance sheet by using...

HERE COME THE CLOWNS! is the name of a traveling circus. The ledger accounts of the business at June 30, 2015, are listed here in alphabetical order: Instructions a. Prepare a balance sheet by using...

I need help with a last minute Accounting 1 assignment. My regular tutor is off the grid so I am looking for a replacement. I have created the outline for you and enclosed the rubric, plus all f the...

styles Problem 2.5A Preparing a Balance Sheet; Effects of a Change in Assets HERE COME THE CLOWNS! is the name of a traveling circus. The ledger accounts of the business at June 30, 2003, are listed...

1 2 Use l'Hpital's rule to find the limit. Use - or o when appropriate. lim 3 x so 5x +8 O A. Select the correct choice below and, if necessary, fill in the answer box to complete your choice. 2 3x...

a. Calculate the coefficients of the least squares line for the data in Example. b. Interpret the coefficients. c. Is this information more useful than the information extracted from the scatter...

Which of the following is true about a defined contribution benefit plan? The fair value of the plan's assets are recorded on the Balance sheet The expenses are recorded on the Income statement as...

The first scenario will be a Verbal Judo scenario in which your scenario follows the standard Verbal Judo interaction: You need to ask somebody to modify their behavior either to do something or to...

3 What is the relationship between the way expatriates are prepared for an assignment and success in an assignment? Are there differences in this between culture-general training and culture-specific...

Moral involvement: positive and intense orientation, with an internalization of organizational goals and values;

In-house training. This is highly developed in Japan and people are considered as a key success factor, with lifetime employment justifying the long-term investment in training. Yet mobility of...