Montauk Oil Co. reports these account balances on December 31, 2015 Accounts Payable $110,000 Land $200,000 Notes Payable $260,000 Equipment $160,000 Cash $80,000 Accounts Receivable $100,000 Buildings $240,000 Common Stock $340,000 Retained Earnings $70,000 On January 2, 2016, Montauk collected $50,000 of its Accounts Receivable and paid $20,000 of its Accounts Payable. In the trial balance prepared on January 3, 2016, what is the total of the debit column

Dr. sperry, a biologist, is using excel to track growth rates of different populations of bacteria. she has a very complex formula in one cell. it begins with “round”. dr. sperry would like to see exactly how excel’s calculation reached the final rounded value that she sees in the cell. what could dr. sperry do to best understand how the calculation was made? try different formulas on her own until she reaches the value shown in excel click on the evaluate formula button in the formulas tab and then click “step in” select the cell and then look at the formula in the formula field of the ribbon remove “round” from the formula in order to see the actual value before rounding