Instructions for the Microsoft Excel Templates

Be advised, the worksheet and workbooks are not protected.

Striking the "F1" key or following the path "Windows>Excel Help" will invoke the Office Assistant and bring up one of several help menus. You should enter your name, Section, and date into the cells at the top of the page. Each page contains a page footer with a Page # of Page ## as well as time and date to assist in assembly of multiple pages. Each worksheet contains the identification of the problem or exercise. All formatting should have been accomplished to provide satisfactory presentation. There should be no need to insert columns or rows into the workbooks. If more than one page is required by the problem, the page breaks are preset. In general, the yellow highlighted cells are the cells which work and effort should be presented. Place the proper account title in the cell where the word "Account title" appears on the template. Place the value in the cell where the word "Value" or "Amount" appears on the template. A formula may be placed in some of these cells. Write a formula into cells where the word "Formula" appears. In these cells, an amount calculated can be entered. An amount can be placed in these cells. Place the explanation for the entry in the cell where the word "Text Explanation" appears on the template. Insert the account number where "Acct Nbr" 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 pesos 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 (400) or -400. Consider using "Split" panes to assist in copy and paste of data. Much of the exercises and problems can have data entered by the "look to" or "=A34" type formula where cell A34 contains the data to be entered. This precludes typing and data entry errors.

Much of the exercises and problems can have data entered by the "look to" or "=A34" type formula where cell A34 contains the data to be entered. This precludes typing and data entry errors.

Name: Vargas,Gemma Lou I. Exercise: E6-1, Income Statement (20-25 Min.) Section: MKAT301 Date:
Presented below is information related to Doraemon Company (000 omitted). Administrative expenses Officers' salaries Depreciation of office furniture and equipment Cost of goods sold Rental revenue Selling expenses Transportation-out Sales commissions Depreciation of sales equipment Sales Income tax Interest expense

27-Jan-14

4,900 3,960 63,570 17,230 2,690 7,980 6,480 96,500 7,580 1,860

Instructions: Prepare an income statement for the year 2013 using the multiple-step form. Ordinary shares outstanding for 2010 total 40,550 (000 omitted). DORAEMON COMPANY Income Statement For the Year Ended December 31, 2013 (In thousands, except earnings per share) Sales Cost of goods sold Gross Profit Operating Expenses Selling expenses Transportation-out Sales commissions Depreciation of sales equipment Administrative expenses Officers' salaries Depreciation of office furniture and Other Expense Interest expense Operating Income Other Income Rental revenue Pretax Income from Operations Income tax Net Income 96,500 63,570 32,930

2,690 7,980 6,480 4,900 3,960

$17,150

3,960

21,110 11,820 1,860 9,960 17,230 27,190 7,580 19,610

Exercise 6-1, Page 3 of 3, 2/17/2014, 10:00 PM