Question: Hello, need help please Week #3 Homework Exercises - Microsoft Excel X Home Insert Page Layout Formulas Data Review View 7 - X & Cut

Hello, need help please

Hello, need help please Week #3 Homework
Week #3 Homework Exercises - Microsoft Excel X Home Insert Page Layout Formulas Data Review View 7 - X & Cut Calibri - 11 - A A Wrap Text General Normal Bad E AutoSum Copy Fill Paste Format Painter BIUBLA Fat Merge & Center $ % 9 08 .68 Conditional Format Good Neutral Insert Delete Format 2 Clear Sort & Find & Formatting * as Table Filter Select Clipboard Font Alignment Number Styles Cells Editing J25 Document Recovery A B C D E F G H K L Excel has recovered the following files. Save 3) Company A and Company B are related companies subject to consolidation. On 1/1/2X, Company A sold machinery to Company B for the ones you wish to keep. $200,000 cash that had an original purchase price of $150,000, useful life of 10 years, accumulated depreciation at the time of sale of $75,000, Available files and was expected to be continued to be depreciated at $15,000 per year had it not been sold. Company B placed the machine in service on Book1 (version 1).xIsb [Autosaved] 20 1/1/2X, and is depreciating it over 4 years using straight-line depreciation. On consolidation... Version created from the last Auto... 10:11 AM Tuesday, March 29, 2022 21 22 Will Machinery need to be adjusted with a debit or a credit? (select) Credit xlsx.xlsx [Original] 23 How much will Machinery need to be adjusted by? $ 50,000 Version created last time the user ... 24 Will Accumulated Depreciation need to be adjusted with a debit or a credit? (select) Credit 25 How much will Accumulated Depreciation need to be adjusted by? Week #3 Homework Exercises.xIsx .. 26 Will Depreciation Expense need to be adjusted with a debit or a credit? (select) Credit Version created last time the user ... 27 How much will Depreciation Expense need to be adjusted by? 8:01 PM Thursday, March 31, 2022 28 Will a Gain or Loss on the sale need to be adjusted? (select) Gain 29 Will the gain or loss needed to be adjusted with a debit or a credit? (select) Debit 30 How much will the gain or loss need to be adjusted by? 31 32 4) Company A and Company B are related companies subject to consolidation. On 1/1/2X, Company A sold inventory to Company B for $200,000 cash that had a cost of $40,000 and Company B paid for it. Company B subsequently sold half that inventory during the year at a 33 sales price of $250,000 to unrelated third parties. On consolidation... 34 35 Will Sales need to be adjusted with a debit or a credit? (select) Debit Which file do I want to save? 36 How much will sales need to be adjusted by? $ 200,000 Close Exercise 2A Exercise 2B Exercise 3A Exercise 3B 4 Word Problems Ready 100% + Type here to search O WE 2:32 PM X ENG 4/3/2022

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!