Beginning Transactions on the first Excel worksheet will provide the Balance Sheet for 2019 and the Transactions
Question:
"Beginning Transactions" on the first Excel worksheet will provide the Balance Sheet for 2019 and the Transactions for January 2020.
On the second Excel worksheet, "Journal Entries", you should record the transactions provided on the first Excel worksheet by creating Journal Entries with dates and descriptions.
On the third Excel worksheet, "T-accounts and trial balance", you should record the required journal entries in the T-accounts and record an unadjusted trial balance.
The fourth and final Excel worksheet, "Financial Statements", you will record an Income Statement, Statement of Equity and a Balance Sheet as of January 31, 2020 and answer the inventory question.
https://docs.google.com/spreadsheets/d/1oZm1Qx4CE7aRE6fcAys5lG6RLr_bvYmxxmn5rakSWhM/edit?usp=sharing