Question: Please help! Include calculations if any please. Thank you! Create Financial Statements for Frozen Fractals Corp. In this exercise, you will create an income statement,
Create Financial Statements for Frozen Fractals Corp. In this exercise, you will create an income statement, statement of owner's equity, and balance sheet in Excel for Frozen Fractals Corp. With the exception of the Jacqueline Elise, Capital account (the balance for which is from 12/1/2016), the company had the following account balances as of 12/31/2016. Accounts Payable Accounts Receivable Auto Expense Cash Furniture Jacqueline Elise, Capital- 12/1/2016 Jacqueline Elise, Drawing $6,000 Land $4,100 Office Expense $9,400 $61,000 Sales Revenue $8,000 Supplies Expense $2,500 $73,200 $3,000 $27,000 $4,000 $8,500 $41,000 Rent Revenue $6,100 Telephone Expense Utilities Expense$3,600 When creating the financial statements, be certain to use the techniques from this chapter to present each in good form
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