5 type a formula in the highlighted cell (c13) to pull from the 2/1 entry on the journal sheet.\n6 highlight…

5 type a formula in the highlighted cell (c13) to pull from the 2/1 entry on the journal sheet.\n6 highlight all debit normal balance account titles in green\n7 put a border around the ledger title at the top of this sheet.\n8 total assets is calculated below. type a formula for debt to assets ratio.\n580 =total assets\n=debt to assets ratio\n9 insert a text box below this. type your name in the text box.

5 type a formula in the highlighted cell (c13) to pull from the 2/1 entry on the journal sheet.\n6 highlight all debit normal balance account titles in green\n7 put a border around the ledger title at the top of this sheet.\n8 total assets is calculated below. type a formula for debt to assets ratio.\n580 =total assets\n=debt to assets ratio\n9 insert a text box below this. type your name in the text box.

Answer

Explanation:

Step1: Answer for question 5

Assuming the Journal sheet is named "Journal" and the relevant cell on that sheet for 2/1 entry is A1 (you need to adjust the actual cell reference as per your data), in cell C13 of the current sheet, the formula would be =Journal!A1.

Step2: Answer for question 6

In most spreadsheet software like Excel, you can use the conditional - formatting feature. Select all the account titles, go to Conditional Formatting > New Rule > Use a formula to determine which cells to format. The formula to identify debit - normal balance accounts depends on your data structure. If account type is in column A and balance amount in column B, and debit accounts have positive amounts, the formula could be =$A1="Debit Account Type" (adjust as per your actual data) and then set the formatting to green.

Step3: Answer for question 7

Select the cell or range containing the Ledger title at the top of the sheet. In Excel, go to the Home tab > Borders > All Borders (or choose the specific border style you want).

Step4: Answer for question 8

The Debt to Assets Ratio formula is $\text{Debt to Assets Ratio}=\frac{\text{Total Debt}}{\text{Total Assets}}$. If the total debt is in cell A1 and total assets is 580 (as given), the formula in the relevant cell would be =A1/580.

Step5: Answer for question 9

In most spreadsheet software, go to the Insert tab > Text Box. Draw the text box below the relevant area and type your name inside it.

Answer:

  1. =Journal!A1 (adjust cell reference as per actual data)
  2. Use conditional - formatting with a formula based on data structure to highlight in green.
  3. Select title and apply border from Home tab.
  4. =A1/580 (assuming total debt in A1)
  5. Insert text box from Insert tab and type name.