Assignemnt
Instructions and Guidance
1. Prepare Your Balance Sheet Below and Income Statement Below.
2. You must use ALL General Ledger accounts in both financial statements.
3. You can insert as many lines as you want. Make sure summing equaitions are correct.
4. Remember all of your data for these financial statements will come from your Trial Balance.
Journal Entries
#1 Prepare Income Statement & Balance Sheet for Previous Month.
#2 Record the Journal Extries for Current Month.
#3 Post your entires to the Gernral Ledger.
#4 Record your Total Debits and Credits befote your Adjusting Entries.
#5 Record your Adjusting Entries.
#6 Record your Total DR/CR for your Adjusted Trial Balance.
#7 Prepare Income Statement & Balance Sheet for Curent month.
#8 Calculate all the Financial Ratios on last tab.
Attachment:- Project_Assignment.xlsx