Bus 500 module 2 slp

Module 2 – SLP


Below furnish a weigh quibble coercion VWV Company. 

VWV Company


Weigh Quibble


 December 31, 20XX


























Vulgar proceeds




Vulgar liabilities

















Accounts payable




Accounts receivable




Interest payable




Interest receivable















Entirety vulgar proceeds




Entirety vulgar liabilities












Long-term proceeds




Long-term liabilities













Equipment (cajole of deterioration)




Note payable











Entirety long-term proceeds




Entirety long-term liabilities

























Common stock








Paid-in capital








Retained earnings















Entirety equity










Entirety proceeds




Entirety liabilities and equity





Recreate the weigh quibble in an Excel spreadsheet. Use cell coercionmulae to appobject and take quantity. Appobject a shaft next to the weigh quibble coercion answers to the questions in this subject.

  • Is accounts payable larger or smaller than accounts receivable? What is the distinction? What do the quantity point-out? Explain.
  • What does equipment cajole of deterioration average?
  • Are payables short-term or long-term?
  • Determine entirety liabilities.
  • Determine net short-term proceeds or liabilities.
  • Determine the entirety equality appropriate by VWV appropriate at the object of the year.
  • How do we recognize that the overhead is a municipal (not attributable a unique owner) weigh quibble?
  • Both gratified and gift subject.

SLP Assignment Expectations

Submit the Excel spreadsheet. All counsel should be sever of the spreadsheet. Written comments should be illiberal and point to the weigh quibble.

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