Question: please use spreadsheet id number 7578 please be clear and explain Slide ID: 4422 Step 21 of 40: Transaction #1 B 1 C D G
Slide ID: 4422 Step 21 of 40: Transaction #1 B 1 C D G H MN d Assets Liabilities Shareholder's Equity Profit & Lom Accounts. Common Retaines Net Cash 2 Entry Cash Receivable Liabilities Stock Earnings Revenus Expenses Income Flow Account Name Check 3 TRUE 4 2 TRUE 5 3 TRUE 6 TRUE 7 TRUE 9 Your turn: Transaction #1 10 11 12 Nunya Business started operations on July 1, 2019 with an initial issue of common stock. The amount of 13 this investment is your spreadsheet ID multiplied by 10. Thus If your spreadsheet ID is 1234 then the initial 14 Investment to record is 1234 x 10 = 12,340.Enter this formula Into the corresponding cells: 15 Chart of Accounts'1A0000 10 where 0000 is your 4 digit spreadsheet ID. If your formula returns 0 then 16 revisit Step 1 where you were Instructed to enter your spreadsheet ID on the Chart of Accounts worksheet. 17 18 After you record this transaction: The amounts will be based on formulas in the worksheet cells, as opposed to numbers that you've calculated outside of Excel and then manually input The check formula should return TRUE Make a selection from column Q to indicate the transaction's impact on cash flow, if any. Choose an account name from column Rif appropriate. Horizontal Financial Statement BESTE Income Stement chant Account 99% 21 22 23 24
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
