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okay i have asked this question about 5 times on here with basically a 50/50 split of yes or no as an answer. its about
okay i have asked this question about 5 times on here with basically a 50/50 split of yes or no as an answer.
its about rounding numbers in the master budget for uni, there is no instruction on whether to do this or not in the assessment. do i round numbers in a master budget? is it to the nearest dollar or to 2 decimal points. for eg here is a partially completed balance sheet, as you can see there are 2 numbers that are not rounded, is this correct or incorrect?
AutoSave . Off ) excelmasterbudget 9 Search (Alt+Q) Mathew Favero MF X File Home Insert Page Layout Formulas Data Review View Help Comments Share Insert Calibri ~ 11 ~ A A al Wrap Text Currency Ex AY O Ex Delete Paste BIU ~ ~ A v E = Merge & Center $ ~ % 9 08 20 Conditional Format as Cell Sort & Find & Analyze Formatting Table Styles v Format Filter ~ Select Data Clipboard Font Alignment Number Styles Cells Editing Analysis B14 X v fx -85.35 A B C D E F G H K L M Balance Sheet For the month ending 31st of March 2022 M AWN Assets Current assets: 6 Cash $43,365 7 Accounts Recievable Raw materials inventory $3,590.88 Finished goods inventory $6,953 10 Total current assets $53,909 11 Property, plant and equipment 12 Land 0 13 Building and Equipment 4,947 14 Accumulated Depreciation $85.35 15 Total PP&E 16 Total Assets 17 Liabilities and Owner's Equity 18 Current liabilities 19 Accounts payable 0 20 Owners Equity: 21 Retained earnings $318 22 Total liabilities and owners equity $318 ... Selling Admin Expenses Budget Cash Budget Income Statement Sheet4 + Ready + 100% 11:01 AM Type here to search O C 199+ O W X 1 0 0 ED (. V. ) ENG 9/03/2022Step by Step Solution
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