Question: Provide excel inserts please! AB DEF The following transactions occurred for Lantana Company during its first month of operations and have been recorded in the

Provide excel inserts please!
Provide excel inserts please! AB DEF The following transactions occurred for Lantana
Company during its first month of operations and have been recorded in
the T-accounts below. a. Issued 7,500 shares of stock with a par

AB DEF The following transactions occurred for Lantana Company during its first month of operations and have been recorded in the T-accounts below. a. Issued 7,500 shares of stock with a par value $0.10 to three owners (2,500 shares each) for $75,000 in cash. * b. Purchased a short-term investment for $10,000 cash. C. Purchased 2 acres of land for $20,000, paid $5,000 in cash and signed a 2 year note for the remainder. d. Bought $900 of supplies on account. e. Sold 1/2 acre of land for $5,000. Accepted a note to receive payment in one year. f. Purchased $10,000 of equipment in cash. g. Paid $500 on account for supplies purchased in transaction (d). Cash a. 75,000 b. Short-Term Investments 10,000 10,000 b. 5,000 c. 10,000 500 g bal. 49.500 bal 10.000 Notes Receivable Supplies 5,000 900 Sheet1 BU Formatting Table - Styles Styles pboard Font 11 AB D E F G H Cash a. 75,000 Short-Term Investments 10,000 10,000 5,000 10,000 b. b. C. f. 500 g 3 bal. 49,500 bal. 10.000 Notes Receivable Supplies e 5,000 900 - bal. 5.000 bal 900 Land C. 20,000 Equipment 5,000 e. f. 10,000 bal. 15.000 bal. 10.000 Accounts Payable 900 d. Note Payable 15,000 400 bal. ... 15.000 Sheet1 ba EADY DE F G H LANTANA COMPANY Balance Sheet At December 31, 2016 Liabilities and Stockholders' Equity Current Liabilities 49,500 10,000 5,000 900 Assets Current Assets Cash Short-Term Investments Notes Receivable Supplies $ Total Current Assets 65,400 Total Current Liabilities Long-term Assets Long-term Liabilities Total Long-term Assets Total Long-term Liabilities Total Liabilities Stockholders' Equity Sheet Retained Earnings

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