Preparing an Income Statement using Excel's SUM, Basic Math Functions and Cell Referencing

Normal Page Break Page Custom Zoom to Window Macros Preview Layout Views V Gridlines (/ Headings Workbock Views Zoom 100% Z Macros A1 x The list below shows select accounts for Great Taste Restaurants Inc. 1 The list below shows select accounts for Great Taste Restaurants Inc. on March 31, umulated Depreciation 35,000 65,000 20,625 61,875 50,000 12,500 50,000 100,000 48,000 35,000 3,750 unts Payable rtising Expense Prepaid Advertising Common Stock Depreciation Expense Dividend Payable Dividends Income Tax Expense Income Tax Payable Interest Expense Interest Revenue Loss on Disposal of Assets Prepaid Rent Rent Expense Retained Earnings Sales Revenue Utilities Expense Utilities Payable Wage Expense 10 12 15 16 17 18 19 10,000 56,250 18,750 836,875 300,000 8,750 41,250 10,125 23 24 ages Payable . Sheet1 .. t