Applying Excel 4: Total Plant Assets 1 10 11 12 13 14 15 16 17 18 19 20 A Current assets Cash Equipment Accumulated Equipment, net Short-term investments Accounts receivable, net Supplies Prepaid expenses Total current assets Long-term investments Long-term notes receivable Investments in stocks and bonds Total long-term investments Plant assets Land Total plant assets Intangible assets: ted Depreciation Multiple Choice С =-E17-E18-F20 =SUM(E17,E18,F19) D Harriet Tubman Company Balance Sheet December 31 Assets =+E17-E18-F19 21 22 23 Copyrights Total assets 24 Which formula in cell F21 accurately computes the value of total plant assets? *SUM(E17,E18,F20) $ 33,000 26.000 46,800 (9.400) $20,700 15,700 29,000 7,300 5,800 $78,500 59,000 37,400 37,000 74,400 8.000 $219,900

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Applying Excel 4: Total Plant Assets
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17
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21
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23
24
A
B
Current assets
Cash
Short-term investments
Accounts receivable, net
Supplies
Prepaid expenses
Total current assets.
Long-term investments
Land
www.
Long-term notes receivable
Investments in stocks and bonds
Total long-term investments
Plant assets:
Equipment
Accumulated Depreciation
Equipment, net
Total plant assets
Intangible assets:
Multiple Choice
с
=+E17-E18+F20
=SUM(E17,E18,F19)
=+E17-E18+F19
D
Harriet Tubman Company
Balance Sheet
December 31
Assets
Copyrights
Total assets
Which formula in cell F21 accurately computes the value of total plant assets?
=SUM(E17,E18,F20)
$
E
33,000
26,000
46,800
(9,400)
F
$20.700
15,700
29,000
7,300
5,800
$78,500
59,000
37,400
37,000
74,400
8,000
$219,900
Transcribed Image Text:Applying Excel 4: Total Plant Assets 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 A B Current assets Cash Short-term investments Accounts receivable, net Supplies Prepaid expenses Total current assets. Long-term investments Land www. Long-term notes receivable Investments in stocks and bonds Total long-term investments Plant assets: Equipment Accumulated Depreciation Equipment, net Total plant assets Intangible assets: Multiple Choice с =+E17-E18+F20 =SUM(E17,E18,F19) =+E17-E18+F19 D Harriet Tubman Company Balance Sheet December 31 Assets Copyrights Total assets Which formula in cell F21 accurately computes the value of total plant assets? =SUM(E17,E18,F20) $ E 33,000 26,000 46,800 (9,400) F $20.700 15,700 29,000 7,300 5,800 $78,500 59,000 37,400 37,000 74,400 8,000 $219,900
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