Concept explainers
The general ledger of Jay Consulting shows the following balances at July 31:
Jay has asked you to develop a worksheet that will serve as a
Review the Model-Building Problem Checklist on page 154 to ensure that your worksheet is complete. Print the worksheet when done. Check figure: Total debits, $17,731.
To test your model, use the following balances at August 31:
Print the worksheet when done. Check figure: Total debits, $18,810.
CHART (optional)
Using the test data worksheet, prepare a pie chart showing the percentage of each asset to total assets. Print the chart when done.
Prepare a trial balance in a worksheet for the month ended July 31, and August 31.
Explanation of Solution
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Chapter MB Solutions
Excel Applications for Accounting Principles
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