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in excel please Follow the terms of the problem. Balance Account Title Debit Credit $ 26,000 4,500 Cash......... Accounts receivable Accounts payable. Share capital. Retained
in excel please
Follow the terms of the problem. Balance Account Title Debit Credit $ 26,000 4,500 Cash......... Accounts receivable Accounts payable. Share capital. Retained earnings........ $ 2,000 10,000 18,500 $ 30,500 Total $ 30,500 During March, the business completed the following transactions: a. Borrowed $45,000 from the bank, with Calderon signing a note payable in the name of the business. b. Paid cash of $40,000 to a real estate company to acquire land. c. Performed service for a customer and received cash of $5,000. d. Purchased supplies on credit, $300. e. Performed customer service and earned revenue on account, $2,600. f. Paid $1,200 on account. g. Paid the following cash expenses: salaries, $3,000; rent, $1,500; and interest, $400. h. Received $3,100 on account. i. Received a $200 utility bill that will be paid next month. j. Declared and paid dividends of $1,800. Prepare CF using indirect method. (10 points)Step by Step Solution
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