Please could you help me to fillup the excel below and could you let me...
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Accounting
Please could you help me to fillup the excel below and could you let me know which formula should I use?
What is the conclusion?
Balance sheet
3) Based on her knowledge of economic conditions, she is aware that the effective interest rate on the company's Long-term debt, less current maturity for 20X8 was approximately 1.55 percent. Using a reasonableness analytic estimate expected interest expense for 20X8. (Show your calculation, your answer, and if any differences noted are material or not, conclude whether you believe this account is misstated or appears reasonable.) Use the table below to input the figures to calculate the expected Int Exp. * See the "Q5-7 Guidence" tab for additional instructions Account Name PY Value(s) (Rounded to thousand) Expected Value (Rounded to thousand) Vlue per 20X8 FS (Rounded to thousand) Difference (Rounded to thousand) Conclusion Interest Expense PY-$0 CY-$15.5 0 $15.5 ($16) For "Expected Value" and "Difference" Use actual excel formulas in the following cells to complete your calculation.-> $15.5 HINTS:
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