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second time I'm posting this question. please fill out the T-Accounts and Entries, and please show me what excel formulas you used, the answer is
second time I'm posting this question. please fill out the T-Accounts and Entries, and please show me what excel formulas you used, the answer is no food unless I know how you got it. thank you in advance
Additional information for 2021 transactions: a. All inventory is purchased on account, and the Accounts Payable account is used exclusively for inventory purchases. b. A portion of the company land was sold for $14 million in cash. This land was originally purchased in a previous year for $12 million. c. Land was purchased for $16 million cash for use as a parking lot. d. Equipment was sold in 2021 that had an Accumulated Depreciation balance of $7 million on the date of sale. The equipment originally cost \$12 million and was sold at a loss for cash. (HINT: You must determine the amount of cash received.) e. In 2021, new equipment was acquired by issuing a 10\%, five-year, $17 million note payable to the seller. f. During 2021, \$36 million of short-term (current) notes payable were paid in cash and \$28 million of cash was borrowed in the form of short-term debt (current notes payable). g The increase in the common stock account is attributed the issuance of 2 million shares for cash when the market price was $11 per share. h. Cash dividends were declared and paid to shareholders. (HINT: You must determine the amount of cash dividends paid.) Net cash provided by operating activities Support for Investing \& Financing Activities - T Aocounts \& lournal Entries 73Equipment+2Accum.Depr-Equip LT Notes Payable Common Stock, $10 par Retaned Earnings a. b. c. d. e. f. g
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