Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Good Evening! What I am having trouble with is Question 14(b). The second photo is what I thought was correct and the documents following after

image text in transcribed

image text in transcribed

image text in transcribed

Good Evening!

What I am having trouble with is Question 14(b).

The second photo is what I thought was correct and the documents following after that (left) correct figures and the (right) wrong figures. I am not sure what I am doing wrong with this problem.

May I get the steps included so I do not miss anything when correcting :) I thank you all kindly!

14. Hwan wants to know the difference and the percentage of difference between the estimated and the total paid amounts. Provide this information for Hwan as follows: a. Insert a calculated field named Amt Owed that subtracts the Paid to Date field amount from the Estimate field amount. b. Insert another calculated field named % Difference that subtracts the Paid to Date field amounts from the Estimate field amounts, and then divides the result by the Estimate field amount. c. Change the number format of the Sum of % Difference amounts to Percentage with 2 decimal points. d. Change the column heading in cell D3 to Amount Owed and change the column heading in cell E3 to % Owed to simplify the column headings. Insert Calculated field ? Modify

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Internal Control A Managers Journey

Authors: K. H. Spencer Pickett

1st Edition

0471402508, 978-0471402503

More Books

Students also viewed these Accounting questions

Question

Distinguish between hearing and listening.

Answered: 1 week ago

Question

Use your voice effectively.

Answered: 1 week ago