Phoenix ACC421 Week 3 WileyPLUS Assignment Week Three

ACC 421 Week 3 WileyPLUS Assignment Week ThreeResource: WileyPLUSAccess WileyPLUS using the link on the student website.Completethe five exercises in WileyPLUS:1. Bruno Company has decided to expand its operations. The bookkeeper recently completed the balance sheet presented below in order to obtain additional funds for expansion.2. Presented below is the trial balance of Vivaldi Corporation at December 31, 2012. Calculate ending retained earnings and prepare a balance sheet at December 31, 2012, for Vivaldi Corporation. Ignore income taxes.3. Presented below is a condensed version of the comparative balance sheets for Sondergaard Corporation for the last two years at December 31. Additional information:Investments were sold at a loss (not extraordinary) of $9,569; no equipment was sold; cash dividends paid were $68,350; and net income was $218,720.(a) Prepare a statement of cash flows for 2012 for Sondergaard Corporation.4. For each of the following subsequent (post-balance-sheet) events, indicate whether a company should (a) adjust the financial statements, (b) disclose in notes to the financial statements, or (c) neither adjust nor disclose.5. As loan analyst for Madison Bank, you have been presented the following information. Each of these companies has requested a loan of $50,520 for 6 months with no collateral offered. In as much as your bank has reached its quota for loans of this type, only one of these requests is to be granted.