General Instructionsinstructions For The Microsoft Excel Templatesdeta ✓ Solved

General Instructions Instructions for the Microsoft Excel Templates Detail and information on Excel is contained within the manual. Striking the "F1" key or following the path "Windows>Excel Help" will invoke the Office Assistant and bring up one of several help menus. Type your name into the cell "D5". This will be copied by formula to the rest of the pages as required. Type the due date of your problem into cell "I5".

This will be copied by formula to the rest of the pages as required. Type the instructor's name into cell "D6". This will be copied by formula to the rest of the pages as required. Type the course identifier into cell "I6". This will be copied by formula to the rest of the pages as required.

The problem is identified for you in cell "B7". In "DATE" cells enter the date in any of several formats and Excel will format it correctly. If more than one page is preformatted into the problem, page breaks are preset and formulas are set to copy the header into the remaining pages. Place the proper account title in the cell where the word "ACCOUNT" appears on the template. Place the amount in the cell where the word "AMOUNT" appears on the template.

A formula may be placed in some of these cells. Enter a number like 914 to signify units or gallons where the word "NUMBER" appears. Write a formula into cells where the word "FORMULA" appears. In these cells, an amount calculated outside of Excel can be entered into Excel if desired. Place the explanation for the entry in the cell where the word "EXPLANATION" appears on the template.

Insert the account number where "ACCT #" appears on the template during posting. Insert the journal reference where "JOURN #" appears on the template during posting. Insert the title in the cell where "TITLE" appears on the template. The print area is defined to fit onto 8 1/2" X 11" sheets in portrait or landscape mode as required. The gray filled cells define the perimeter of the problem and the print area.

The problem is formatted for whole dollars with comma separations (no cents) except where required. The display may have "Freeze Pane" invoked so column titles remain visible during data entry. Negative values may be shown as (0) vice -0. Enter a string like: (9,417 X 12 months) + (0.3651 X 5,434,631) where the word TEXT appears. Chapter 13 Comp Do It Prob 1&2 Name: Course: Date: Chapter 13 Comprehensive Do It!

Problems 1 & 2 Financial Accounting, 7th Edition by Weygandt, Kieso, and Kimmel Solving Financial Accounting Problems Using Microsoft Excel for Windows by Rex A Schildhouse Chapter 13 Comprehensive Do It! Problems 1 & 2, The income statement for the year ended December 31, 2011, for John Kosinski Manufacturing Company contains the following condensed information. JOHN KOSINSKI MANUFACTURING COMPANY Income Statement (Partial) For the Year Ended December 31, 2011 Revenues ,583,000 Operating Expenses (excluding depreciation) ,920,000 Depreciation Expense 880,,800,000 Income Before Income Taxes 783,000 Income Tax Expense 353,000 Net Income 0,000 Included in operating expenses is a ,000 loss resulting from the sale of machinery for 0,000 cash.

Machinery was purchased at a cost of 0,000 The following balances are reported on Kosinski's comparative balance sheets at December 31: JOHN KOSINSKI MANUFACTURING COMPANY Comparative Balance Sheet (Partial) December 31, Cash 2,000 0,000 Accounts Receivable 775,,000 Inventories 834,,000 Accounts Payable 521,,000 Income tax expense of 3,000 represents the amount paid in 2011. Dividends declared and paid in 2011 totaled 0,000 Instructions: 1 - Prepare a statement of cash flows using the indirect method. JOHN KOSINSKI MANUFACTURING COMPANY Statement of Cash Flows - Indirect Method For the Year Ended December 31, 2011 Cash flows from operating activities Net income Amount Adjustments to reconcile net income to cash provided by operating activities: Title Amount Title Amount Title Amount Title Amount Title Amount Formula Title Formula Cash flows from investing activities Title Amount Title Amount Title Formula Cash flows from financing activities Title Amount Net increase in cash Formula Cash at beginning of period Amount Cash at end of period Formula 2 - Prepare a statement of cash flows using the direct method.

JOHN KOSINSKI MANUFACTURING COMPANY Statement of Cash Flows - Direct Method For the Year Ended December 31, 2011 Cash flows from operating activities Cash receipts from customers Amount Cash payments Title Amount Title Amount Formula Title Formula Cash flows from investing activities Title Amount Title Amount Title Formula Cash flows from financing activities Title Amount Title Formula Title Amount Title Formula Direct Method Computations: Computation of cash receipts from customers: Title Amount Title Amount Title Formula Computation of cash payments for operating expenses Title Amount Title Amount Title Amount Title Amount Title Formula &CFileName: &F, Tab: &A, Page &P of &N, &D, &T Exercise E) Name: Course: Date: Exercise E13-4, Prepare the operating activities section—indirect method.

Financial Accounting, 7th Edition by Weygandt, Kieso, and Kimmel Solving Financial Accounting Problems Using Microsoft Excel for Windows by Rex A Schildhouse Exercise E13-4, Villa Company reported net income of 5,000 for 2011. Villa also reported depreciation expense of ,000 and a loss of ,000 on the sale of equipment. The comparative balance sheets show a decrease in accounts receivable of ,000 for the year, an ,000 increase in accounts payable, and a, ,000 decrease in prepaid expenses. Instructions: Prepare the operating activities section of the statement of cash flows for 2011. Use the indirect method.

VILLA COMPANY Partial Statement of Cash Flows For the Year Ended December 31, 2011 Cash flows from operating activities Net income Amount Adjustments to reconcile net income to net cash provided by operating activities Account title Amount Account title Amount Decrease in accounts receivable 15,000 Account title Amount Account title Amount 15,000 Net cash provided by operating activities Formula &CFileName: &F, Tab: &A, Page &P of &N, &D, &T Exercise E13-13 Name: Course: Date: Exercise E13-13, Compute cash flow from operating activities—direct method. Financial Accounting, 7th Edition by Weygandt, Kieso, and Kimmel Solving Financial Accounting Problems Using Microsoft Excel for Windows by Rex A Schildhouse Exercise E13-13, The 2011 accounting records of Verlander Transportation reveal the following transactions and events: Payment of interest ,000 Collection of accounts receivable 2,000 Cash sales ,000 Payment of salaries and wages ,000 Receipt of Dividends Revenues ,000 Depreciation expense ,000 Payment of income taxes ,000 Proceeds from sale of vehicles ,000 Net income ,000 Purchase of equipment for cash ,000 Payment of accounts payable for merchandise 5,000 Loss on sale of vehicles