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65 66 67 68 Worksheet - Trial Balance Adjusting Journal Entries Income Statement Comprehensive Income Statement Stockholder's Equity Statement Balance Sheet Closing Entries t. Complete the adjusted columns by the use of a formula. Think about the best way to do this. Your last two columns should never contain constant numbers but will include formulas only. (Maximum points are given for using an " if" statement, but the majority of the points are just given for having a proper formula). u. Prepare a multiple-step income statement on the proper worksheet. Your Income Statement should be in good form (proper titles, etc., use examples from your book) and well formatted. Do your best designating between selling and administrative expenses. Judgement is involved in creating your income statement and there is no one correct answer. You should use formulas in all cells, not constant numbers. (That means, your income statement should be linked to the adjusted numbers on your worksheet.) v. Prepare a Comprehensive Income Statement on the proper worksheet. DeeDee Double Entry Inc. uses the Second Income Statement Approach. (See Chapter 3) w. Prepare a Statement of Changes in Stockholder's Equity. You should use formulas in all cells, not constant numbers. (See class notes for an example.) x. Prepare a Classified Balance Sheet on the proper worksheet as of 12/31/23. Your Statement should be formatted. You should use formulas in all cells, not constant numbers. y. Prepare closing entries on the proper tab. You may close directly to Retained Earnings (if you wish). (Please remember, Retained Earnings is impacted by net income and dividends). 65 66 67 68 Worksheet - Trial Balance Adjusting Journal Entries Income Statement Comprehensive Income Statement Stockholder's Equity Statement Balance Sheet Closing Entries t. Complete the adjusted columns by the use of a formula. Think about the best way to do this. Your last two columns should never contain constant numbers but will include formulas only. (Maximum points are given for using an " if" statement, but the majority of the points are just given for having a proper formula). u. Prepare a multiple-step income statement on the proper worksheet. Your Income Statement should be in good form (proper titles, etc., use examples from your book) and well formatted. Do your best designating between selling and administrative expenses. Judgement is involved in creating your income statement and there is no one correct answer. You should use formulas in all cells, not constant numbers. (That means, your income statement should be linked to the adjusted numbers on your worksheet.) v. Prepare a Comprehensive Income Statement on the proper worksheet. DeeDee Double Entry Inc. uses the Second Income Statement Approach. (See Chapter 3) w. Prepare a Statement of Changes in Stockholder's Equity. You should use formulas in all cells, not constant numbers. (See class notes for an example.) x. Prepare a Classified Balance Sheet on the proper worksheet as of 12/31/23. Your Statement should be formatted. You should use formulas in all cells, not constant numbers. y. Prepare closing entries on the proper tab. You may close directly to Retained Earnings (if you wish). (Please remember, Retained Earnings is impacted by net income and dividends)