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Q. Example of Electronic spreadsheets?
Electronic spreadsheets have many applications in accounting. An electronic spreadsheet is basically a large blank page that contains rows and columns on the computer screen. The blocks formed by the intersection of the rows and columns are cells each cell can hold one or more words, the product or a number of a mathematical formula. Spreadsheets are perfect for creating large trial balances, work sheets and other schedules and for performing large volumes of calculations such like depreciation calculations. The mainly popular spreadsheet program is Microsoft Excel. Free spreadsheet programs are as well available from companies such as Google and Zoho.
In June 2011,Kelly purchased new equipment for $26000 to be used in her business.Assuming Kelly has net income from her business of $75000 prior to the deduction,what is the maximu
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Cash $10,000 Accounts Payable $7,000 Accounts Receivable $6,400 Mortgage Payable $65,000 Supplies $1,500 Long-term Debt $36,000 Building $150,000 Notes Payable $9,000 Equip
I purchased equipment for 3,000 but only paid 1,000 of it and put rest of it on an account. how would I put that into a asset=liabilities+ owns equity equation?
what are the basics of accounting
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Assume that the following are independent situations recently reported in the Wall Street Journal. 1. National Electric 8% bonds, maturing January 28, 2013, were issued at 112.16.
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