MAKE THE ACCOUNTING ENTRIES IN EXCEL AND SHOW THE FORMULAS.

01/10/23 The public limited company Los valores S.A. is created. constituted by two partners each contributing 50% of the shares. Establishing on that date the constitution of the company and the issuance of 100 common shares at a nominal value of 1,000,000 each.

10/02/23 50% of the corresponding shares are sold to each partner through the following payment methods: Partner A agreed to pay 60% in cash and the rest through the contribution of fixed assets, with the following description. A land valued at 5,000,000 and the partner's book value is 3,500,000, in addition to a building valued at the sum of 10,000,000, original value of 11,250,000 built 10 years ago, useful life 20 years, residual value of 550,000.

10/03/23 Purchase of furniture and production equipment, as well as office furniture and equipment for the sum of 1,500,000, useful life of 7 years, straight-line depreciation, residual value 1% of the cost.