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Function: SUM; Formula: Add, Subtract; Cell Referencing Using Excel to Prepare an Income Statement, a Retained Earnings Statement, and a Balance Sheet Function: SUM; Formula:
Function: SUM; Formula: Add, Subtract; Cell Referencing
Using Excel to Prepare an Income Statement, a Retained Earnings Statement, and a Balance Sheet
Function: SUM; Formula: Add, Subtract; Cell Referencing
PROBLEM PART A
Reese Inc., a provider of consulting services, was founded on October At the end of the first month of operations, the company decided to prepare an income statement, retained earnings statement, and balance sheet using the following information.
tableAccounts payable,$
PROBLEM PART B
Reese Inc., a provider of consulting services, was founded on October At the end of the first month of operations, the company decided to prepare an income statement, retained earnings statement, and balance sheet using the information on the DataNetIncome worksheet.
Student Work Area
Required: Provide input into cells shaded in yellow in this templat Input the required mathematical formulas or functions with cell references to the Problem area or work area as indicated.
Prepare a retained earnings statement for the month of October
Reese Inc.
Retained Earnings Statement
For the Month Ended October
Function: SUM; Formula: Add, Subtract; Cell Referencing
Using Excel to Prepare an Income Statement, a Retained Earnings Statement, and a Balance Sheet
PROBLEM PART C
Reese Inc., a provider of consulting services, was founded on October At the end of the first month of operations, the company decided to prepare an income statement, retained earnings statement, and balance sheet using the information on the DataNet Income worksheet.
Student Work Area
Required: Provide input into cells shaded in yellow in this template. Input the required mathematical formulas or functions with cell references to the Problem area or work area as indicated.
Prepare a balance sheet as of October List the asset and stockholder equity accounts in the order presented in your text book. List the liability accounts in alphabetical order.
Reese Inc.
Balance Sheet
October a
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