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Please show cell equations for answers. ex. =B5+B7 Enter A B G DE F e. Paid $500 on account for supplies purchased in transaction (c).
Please show cell equations for answers. ex. =B5+B7 Enter
A B G DE F e. Paid $500 on account for supplies purchased in transaction (c). 8 9 10 Supplies 900 11 a. c. 12 b. 13 d. Cash 50,000 (5,000) (10,000) (500) 34,500 14 e. 15 bal. bal. 900 16 17 Land 20,000 Equipment 10,000 18 b. d. 19 20 bal. 20.000 bal. 10.000 21 22 Accounts Payable 500 900 Note Payable 15,000 23 e. b. 24 c. 25 bal. 400 bal. 15.000 26 27 Common Stock 50,000 28 a. A B D E F G H I 32 Required: 33 Using the T-account BALANCES and the information in the transactions, 34 prepare a classified balance sheet for Lantana Company. 35 Note: Use cell references to the T-account titles to complete columns B and G. Use cell references to the 36 T-account balances and formulas to complete columns C and H. List long-term assets in alphabetical order. 37 38 LANATANA COMPANY 39 Balance Sheet 40 At December 31, 2016 41 Assets Liabilities and Stockholders' Equity 42 Current Assets Current Liabilities 43 44 45 Total Current Assets 46 Total Current Liabilities 47 Long-term Assets 48 Long-term Liabilities 49 50 Total Long-term Assets 51 Total Long-term Liabilities Total Liabilities 52 53 Stockholders' Equity 54 53 Stockholders' Equity 54 55 0 56 Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity 57 58 Total Assets 59 60 61Step by Step Solution
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