Preparing a classified balance sheet-Excel HOME INSERT PAGE LAYOUT FORMULAS DATA REVEW VEW ; l u .-. e.-. Alignment Number Conditional Formatas Cel Celis Editing Formatting TableStyles A1 x :: The following transactions occurred for Lantana Company during its first month ~ 1 Thelollowing transactions occurred for Lantana Company during its first month of operations 2 and have been recorded in the T-accounts below 4 a. Received $50,000 cash from owners in exchange for common stock. 5 b. Purchased land for $20,000, paid $5,000 in cash and signed a 2-year note for the remainder 6 c. Bought $900 of supplies on account. 7 d. Purchased $10,000 of equipment, paying cash. s e. Paid $500 on account for supplies purchased in transaction (c) 10 i a. 12 13 14 bal. 15 16 50,000 5,000 b 10,000 d 500 e d. 18 19 bal. 20 Accounts Payable e Payable 21 22 e. 23 15,000 b. 900 Sheetl Picv1 of 2 aqu para buscar