Question: Required: 1) Formulate five adjustments (with special attention to dates and months) and journalise the adjusting entries in excel. Adjustments must cover a variety of
Required:
1) Formulate five adjustments (with special attention to dates and months) and journalise the adjusting entries in excel. Adjustments must cover a variety of transactions. For example, Depreciation, unearned revenue and an error requiring a correction entry (enter these adjustments in datasheet only).
2) complete the 10-column worksheet.
3) income statement, the statement of changes in owners' equity, and the classified balance sheet.
4) closing entries.
5) Calculate the current ratio for the company using formulas.
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