Question: Financial Statement 1 . Use the the trial balance found in chapter 4 Financial Accounting problem 4 - 1 A ( content copied below )
Financial Statement
Use the the trial balance found in chapter Financial Accounting problem A content copied below Rename the company name as your name example: Jacob Petersen Company
Create a new excel file containing tabs Each tab should be named and contain the following:
a Input: Enter all values on this tab including your name, title of the financial statements, and financial accounts and numbers
b IS: Prepare an income statement using only formulas and cell references from the input tab
c RE: Prepare a retained earnings statement using only formulas and cell references from the input tab
d BAL: Prepare a balance sheet using only formulas and cell references from the input tab.
Format the reports so they are consistent, easy to ready, and can be printed with information centered on one page. Fonts should be changed from the default text. A mixture of bold and color should be used to make the reports easy to read when printed on a blackwhite printer.
Print to PDF all tabs and upload to assignments on DL
Print to PDF all tabs formulas and upload to assignments on DL
Grading is based on the accuracy of the reports, formulas used to present the information, presentation of the data.
See below financial statements as an example of how the financial statements could look when competed no need to create the arrows and special highlighting of numbers related to the arrows and to show you how the financials are prepared using the trial balance information.
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