Problem: Analyzing the Effects of Adjusting Entries on the Accounting Model
For this problem, fill in the Assessment 3, Problem 2 Template linked in the Resources (under the Capella Resources heading) and submit the Excel document for grading. You will also need to refer to Problem 1. Using + for increase, - for decrease, and NE for no effect, indicate in the table provided the effect of each adjusting entry in Problem 1 (a through h) and the amount of the effect. Reminder: Assets = Liabilities + Stockholders' Equity; Revenues - Expenses = Net Income; and Net Income accounts are closed to Retained Earnings, a part of Shareholders' Equity
Attachment:- MBA-FP6014_Etheridge_Arica_Assessment3-1.docx.xls