03-02Ex_5e - Prepaid Accounts Capital Retained Cash...

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Exercise 3-2 Name: Section: Score: 40% *Since some answer boxes are correct when left blank, the beginning score is greater than 0%. Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) will appear in the column to the right of an incorrect answer. Assets = Liabilities + Stockholders' Equity
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Unformatted text preview: Prepaid Accounts Capital Retained Cash + Supplies + Insurance = Payable + Stock + Earnings a. b. Bal. c. Bal. d. Bal. e. Bal. f. Bal. a1. Bal. a2. Bal. Instructions Note: The entries from exercise 2-1 must be entered in rows 18 through 27 in order to determine the ending account balances (row 28). The exercise 2-2 entries will be made in rows 29-32....
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