Question: Step 1: Journalize the transactions on the Journal Entry data tab. Because Chart of Account numbers are not provided, post-reference information is not required. Journal


Step 1: Journalize the transactions on the "Journal Entry data" tab. Because Chart of Account numbers are not provided, post-reference information is not required. Journal entries should be prepared in proper form. Refer to the "Unadjusted TB Data tab" for proper account titles.


Step 2: Journalize the following adjustments in proper journal entry form. See Chapter 3 in your text.


Step 3: Sort the Unadjusted Trial Balance Data into proper Financial Statement order (as the accounts would be presented in the Chart of Accounts - see Chapter 2) on the Trial Balance Tab, ensuring that the Unadjusted Trial Balance is in balance (ie debits equal credits). Remember, the Journal Entries you wrote on the "Journal" tab are already included in the unadjusted balances!
Step 4: Enter adjusting journal entry data on the Trial Balance Worksheet, and prepare the Adjusted Trial Balance, ensuring that debits equal credits.

Step 5a: Using the data in the Adjusted Trial Balance columns on the Trial Balances Worksheet, prepare a multi-step Income Statement for the year ending December 31, 2021, in proper form. See Chapter 5 in your text for examples. Then, answer the Additional Questions that follow.

Step 5b: Prepare a Statement of Stockholders Equity for the year ending December 31, 2021, in proper form. Use the data from the Journal and Income Statement tabs to complete. All ending balance should equal the Adjusted Trial Balance amounts except for Retained Earnings. Opening balances have been provided.

Step 5c: Using the data in the Adjusted Trial Balance columns on the Trial Balances Worksheet and the Statement of Stockholders' Equity prepare a Balance Sheet as of December 31, 2021, in proper form. Accounts Receivable and Bonds Payable should be reported as net figures with their related contra-accounts.


Please do help, due by the end of the term. Please put them neatly so I can understand. Thank you for the help!
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