Question: Complete the 3 problems contained within the 3 separate tabs of the attached excel spreadsheet as Midterm Exam - Part 2. The 3 problems relate

Complete the 3 problems contained within the 3 separate tabs of the attached excel spreadsheet as Midterm Exam - Part 2.

The 3 problems relate to the following:

Problem #1 (first tab of the excel spreadsheet) - Preparing journal entries.

Problem #2 (second tab of the excel spreadsheet) - Preparing adjusting entries.

Problem #3 (third tab of the excel spreadsheet) - Preparing 3 financial statements namely the Income Statement, Balance Sheet, and Statement of Retained Earnings.

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