Accounting Project Part TWO

In EXCEL, complete the following:

1. Prepare and enter (input) into your EXCEL file (same EXCEL file you used for Part 1) the appropriate journal entry for the remaining 2023 business transactions (refer to pages 23).
2. Post each journal entry to the corresponding T accounts. Note: Additional T accounts may need to be created/added for accounts not used in Part 1.
3. Using EXCEL, calculate the year ending balance for each T account. The ending balance should be calculated using the T account inputs and the total should be exhibited on each T account.
4. Prepare North Star Inc.s 12/31/23 Unadjusted Trial Balance.

The following pages (page 2 through 3) show the remaining transactions for North Star Incs during 2023.

REMINDER: The transactions from January through mid-July were accounted for in Part 1. Many of the T accounts prepared in Part 1 will have additional activity entered due to the transactions from mid-July through December.

Note: Upon completion of Part TWO, all business activity should be accounted for with a journal entry and all T accounts should reflect the full years activity.