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(x) Answer is not complete. Complete this question by entering your answers in the tabs below. Bosod on the completed spreadsheet, compute total assets, total

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(x) Answer is not complete. Complete this question by entering your answers in the tabs below. Bosod on the completed spreadsheet, compute total assets, total liabilities, totol stockholders' equity, Cash balance, and total current assuts at the end of the month. Ag Bio Tech (ABT) was organized on January 1 by fout friends. Each organizer invested $9,375 in the company and, in furn, was issued 7,500 shares of common stock. To date, they are the only stockholders, During the first month (January), the company had the following five events: a. Collected a totai of $37,500 from the organizers and, in turn, issued common stock. b. Purchased a building for $86,250, equipment for $26,000, and three acres of tand for $34,500, paid $32,756 in cash and signed a note for the balance, which is due to be paid in 15 years c. One stockholder reported to the company that 600 shares of his A8T stock had been sold and transferred to another stockholder for $6,000cnsh d. Purchased supplies for $3,200cash e. Sold one acre of land for 511,500 cash to another company, Required: 2. During the first month. the records of the company were inadequate. You were asked to prepare a summary of the preceding transactions. To develop a quick assessment of their economic effects on Aat, complete the spreadshect that follows. Transaction (w) is thown as an example 4. Based on the completed spreadsheet, compute foral assets, total liabilities, total stockholders' equity, Cash balance, and total cuirent assets at the end of the month 5. As of January 31, has the financing for ABTY invesiment in assets primarily come from liablities or stockhoiders' equity? During the first month, the records of the company were inadequate. You were esked to prepare a summary of the preceding transactions. To develop a qui assessment of their economic effects on ABT, complete the spreadsheet that follows. Transaction (a) is shown as an example. (Enter any decreeses to accot balances with a minus sign.)

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