Hi, I have a question on how to work on this accounting assignment.

Assignment 4 - Accounting for a service business

• L. Patel consulting

L. Patel runs a small consulting company in northern Ontario. Luckily, he has taken grade 11 accounting and is able to organize his company's accounting records. Imagine you are L. Patel and you are going to close off your accounts for the end of the year.

Here is a link to view the partially done worksheet for L. Patel: https://docs.google.com/spreadsheets/d/1eRD7sQozfM4L9xgbgorM-LDGBIt3BqitNyXzUBUv2UI/edit?usp=sharing

Task 1: Complete the worksheet by transferring the accounts to the correct columns in the "Partially completed worksheet of L. Patel."

Task 2: a) Open a ledger using the accounts and balances on the trial balance, as well as Supplies Expense, Depreciation - Expense, and 302 - Income Summary accounts. b) Journalize the adjusting entries (from the worksheet) c) Journalize the closing entries d) Post the adjusting and closing entries to the ledger accounts Use the blank general journal and ledger spreadsheet to complete this task using the Journal in Tab 1 and the Ledger in Tab 2.

https://docs.google.com/spreadsheets/d/1INbKM-v7QdCXJ8yeLkBQQ7yaZHRTi2KnGu_tLGS0sL0/edit?usp=sharing

Task 3: createa Post-Closing Trial Balance using the "Post-Closing Trial Balance" spreadsheet.

https://docs.google.com/spreadsheets/d/1Iv4CEcYvbdCOzsXcIZlIh9Cjh-YlWuLc2ZJWLF9M9Uo/edit?usp=sharing

Task 4: create a Statement of Owner's Equity using the "Statement of OE" spreadsheet

https://docs.google.com/spreadsheets/d/1ZwAlKTVFeNQhiSZETZa7VmfMvY0ZzAqE-FJjxLYr_qo/edit?usp=sharing