Day 5 (CA)

YOU HAVE TODAY AND NEXT CLASS TO FINISH THIS

Goal: You will have the opportunity to continue a review problem of the entire accounting cycle using Excel.

THE ACCOUNTING CYCLE:

  1. Analyze source documents and record business transactions in a journal
  2. Post journal entries to the accounts in the ledger
  3. Prepare a trial balance
  4. Gather adjustment data and record the adjusting entries on a work sheet
  5. Complete the worksheet
  6. Journalize and post the adjusting entries from the data on the work sheet
  7. Prepare financial statement from the data on the work sheet

RIGHT NOW:

  1. Open the Excel spreadsheet from last class
  2. On page 233 do #7, #8, #9, & #10–SHOW ME WHEN YOU ARE DONE