This accounting cycle project requires you to complete the following using Excel:
1. Record the transactions in the general journal
2. Post the transactions to the general ledger
3. Create a trial balance as of 1/31
4. Record the necessary adjusting journal entries at 1/31
5. Post the adjusting journal entries to the general ledger
6. Create an adjusted trial balance as of 1/31
7. Prepare the income statement, retained earnings statement and balance sheet at and for the month of January
8. Answer the questions in the tab labeled financial statement analysis
NOTE: You should link/cell reference every number to each tab/spreadsheet/cell and embed ALL excel formulas/calculations whenever possible. Failure to do so will reduce your score. Review the basic excel videos, instruction and offer assistance for anyone that needs it.
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