Question
Formule: Add Subtract, Multiply, Cell Referencing DE1.4 Using Excel to Determine Accounting Equation Amounts PROBLEM At the beginning of the year, Xal Lad had
Formule: Add Subtract, Multiply, Cell Referencing DE1.4 Using Excel to Determine Accounting Equation Amounts PROBLEM At the beginning of the year, Xal Lad had the following amounts on its statement of Snancial position, the this infomation to answer each of the following Independent questions " 11 Beginning of yes, total assets Beginning of year, total liabilities $ 720,000 11 17 IN 20 2 25 M A 420,000 Student Work Area Required: Provide input into cells shaded in yellow in this template Use mathematical formalas with cell references to the Problem and work are indicated Xal's total and increased during the year and total liabilities doceated in the following amounts Increase in s Decrease is liabilities $ 250,000 10,000 What is the amount of shareholders' equity at the end of the year? Shareholders' equity, beginning of yea Shareholders' equity, and of year b. During the year, Xal's total liabilities deed. The company report ne income, sold additional shares, and did not declare any dividends dering the year Decrease in liabilities Je of sha $ 100,000 90,000 125,000 " What is the anastofatal as at the md of the ye? Enter Answer + Shurcholde equity, md ef yes Total liabilities, and of your Total asses, end of ye Xal's total dosed during the year and sheldon quy Decrease in al Sheshelden' squir 90.000 120,000 What is the amount afstal liabilities at the end of the var Shanbalders' equity, and of year M N
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