Accounting Homework
bfwneysqt85Download the file, save with your name in the file name, and click the 'tabs' of the worksheet. The more you use Excel the stronger your skills. For this problem, only, there are drop down line items for the JEs (Journal Entries) and the explanations for the JEs. Explanations: these are the words that appear below the journal entry. Remember all JEs must have at least 1 debit and 1 credit. List all the debits first. Then indent and list all the credits. The debits must add up to the same value as the credits (the JE must balance). Write, read, and edit your work. Does it balance? Does it make sense, logically? My comments (audio files) for the course materials may be very helpful as you consider when to debit and credit accounts such as Cash, Accounts Receivable, and Accounts Payable. You must know these concepts to succeed. Ask questions. Answer all questions. Your good faith effort is important. Do not leave pages blank. Admittedly to me the least practical page is the trial balance. When you accumulate the 'balances' in the account, look at the beginning balance. Adding more debits makes the balance higher if the beginning balance was a debit. Adding credits makes the value smaller. Look at examples on the textbook pages. After completing week 1 move on to week 2, etc. Upload in the assignment folder for grading!
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- accounting_work.xlsx
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