Tableau DA 1-2: Exercise, Applying the accounting equation and identifying balance sheet accounts LO A1, P2 The owner of Neros company has hired you to analyze her company's performance and financial position, as well as the positions of its competitors, Centar and Xenmix. However, the data Neros obtained is incomplete and is shown in the following Tableau Dashboard. $100,000 $80,000 $60,000 $40,000 $20,000 $0 Assets Accounting Equation Data Centar Neros Liabilities + Equity Assets Liabilities + Equity Assets. Xenmix Liabilities + Equity
Neros Revenue Accounts $50,000 $40,000 $30,000 $20,000 $10,000 Neros Income Statement Data $0 Consulting Revenue Rental Revenue Neros Expense Accounts Utilities Expense Insurance Expense Salaries Expense #+ableau 1. Using the accounting equation data, compute the missing amounts for each company. 2. Which of the following accounts of Xenmix would be considered an asset? 3. Which of the following accounts of Xenmix would be considered a liability? Rent Expense Advertising Expense ? ?
Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 Using the accounting equation data, compute the missing amounts for each company. Company a. Neros b. Centar C. Xenmix Assets = = || Liabilities + < Req 1 + + + Equity Req 2 and 3
Req 1 Req 2 and 3 2. Which of the following accounts of Xenmix would be considered an asset? 3. Which of the following accounts of Xenmix would be considered a liability? 2. Which of the following accounts of Xenmix would be considered an asset? 3. Which of the following accounts of Xenmix would be considered a liability? < Req 1 Req 2 and Accounts Payable Cash Equipment Rental Revenue