\begin{tabular}{|l|l|l} \hline (Difference between debits and credits - you want this to be $0) & (Difference between debits and credits - you want this to be $0 ) \end{tabular} Home Insert Draw Page Layout Formulas Data Review View @ Tell me J3 fx \begin{tabular}{|l|l|l|l|l|l} \hline A & B & C & D & E & F \\ \hline \end{tabular} \begin{tabular}{llllll} \hline F & G & H & I \\ \hline \end{tabular} \begin{tabular}{c|c} 1 & Instructions \\ 2 & This assignment is designed for practicing both the retailer/merchandiser accounting cycle and your basic excel skills. \end{tabular} \begin{tabular}{l} |Below are select sales transactions for two companies. You will need to enter the missing pieces of each transaction \\ \hline \end{tabular} on the journal entry tab. Each missing piece of information is highlighted in yellow. The only cell where an actual number is to be input is on the journal entries worksheet. Please note: not every yellow cell requires input (it could be left blank if appropriate). After completing the journal entries, you must then complete the missing pieces of the Taccounts, trial balance, and statements highlighted in yellow. Only excel functions may be used to calculate the appropriate cell value on these pages. DO NOT INPUT THEACTUAL NUMBER INTO THE TACCOUNTS, TRIAL BALANCE, OR STATEMENTS. Use excel functions (such as making a cell equal another from the journal entry page, summing numbers together, or using the plus or minus symbols to help you find the appropriate number). Your balance sheet should balance when you are complete. Tip: After each journal entry, update the appropriate Taccounts. Select Retailer/Merchandiser-Related Transactions: 1-Jan Monsters Inc. purchased merchandise on account from Star Trek Enterprises COGS: $10,250 2-Jan Monsters Inc. pays freight 3-Jan Monsters Inc. purchased additional merchandise on account from Star Trek Enterprises COGS: $2,300 7-Jan Star Trek Enterprises pays freight $125 10-Jan Star Trek Enterprises received payment from Monsters Inc. for purchase on the 1st. 22-Jan Star Trek gave Monsters Inc. a credit for damaged merchandise from purchase on the 3rd 31-Jan Star Trek Enterprises received payment from Monsters Inc. for purchase on the 3rd. 31-Jan Star Trek Enterprises received payment from Monsters Inc. for purchase on the 3rd. 28 29 30 32 33 34 36 37 39 $25,000 Input instructions: Journal Entries: If cash is received, make it the first debit in the entry If cash is paid, make it the last credit in the entry Debits are listed first, credits are listed second Instructions Journal Entries Star Trek Enterprise T accounts $225 Ready 2 Accessibility: Investigate Monster Inc. T Accounts Trial Balances Income Statement Statement of SH Equity Comments Share . \begin{tabular}{|l|l|l} \hline (Difference between debits and credits - you want this to be $0) & (Difference between debits and credits - you want this to be $0 ) \end{tabular} Home Insert Draw Page Layout Formulas Data Review View @ Tell me J3 fx \begin{tabular}{|l|l|l|l|l|l} \hline A & B & C & D & E & F \\ \hline \end{tabular} \begin{tabular}{llllll} \hline F & G & H & I \\ \hline \end{tabular} \begin{tabular}{c|c} 1 & Instructions \\ 2 & This assignment is designed for practicing both the retailer/merchandiser accounting cycle and your basic excel skills. \end{tabular} \begin{tabular}{l} |Below are select sales transactions for two companies. You will need to enter the missing pieces of each transaction \\ \hline \end{tabular} on the journal entry tab. Each missing piece of information is highlighted in yellow. The only cell where an actual number is to be input is on the journal entries worksheet. Please note: not every yellow cell requires input (it could be left blank if appropriate). After completing the journal entries, you must then complete the missing pieces of the Taccounts, trial balance, and statements highlighted in yellow. Only excel functions may be used to calculate the appropriate cell value on these pages. DO NOT INPUT THEACTUAL NUMBER INTO THE TACCOUNTS, TRIAL BALANCE, OR STATEMENTS. Use excel functions (such as making a cell equal another from the journal entry page, summing numbers together, or using the plus or minus symbols to help you find the appropriate number). Your balance sheet should balance when you are complete. Tip: After each journal entry, update the appropriate Taccounts. Select Retailer/Merchandiser-Related Transactions: 1-Jan Monsters Inc. purchased merchandise on account from Star Trek Enterprises COGS: $10,250 2-Jan Monsters Inc. pays freight 3-Jan Monsters Inc. purchased additional merchandise on account from Star Trek Enterprises COGS: $2,300 7-Jan Star Trek Enterprises pays freight $125 10-Jan Star Trek Enterprises received payment from Monsters Inc. for purchase on the 1st. 22-Jan Star Trek gave Monsters Inc. a credit for damaged merchandise from purchase on the 3rd 31-Jan Star Trek Enterprises received payment from Monsters Inc. for purchase on the 3rd. 31-Jan Star Trek Enterprises received payment from Monsters Inc. for purchase on the 3rd. 28 29 30 32 33 34 36 37 39 $25,000 Input instructions: Journal Entries: If cash is received, make it the first debit in the entry If cash is paid, make it the last credit in the entry Debits are listed first, credits are listed second Instructions Journal Entries Star Trek Enterprise T accounts $225 Ready 2 Accessibility: Investigate Monster Inc. T Accounts Trial Balances Income Statement Statement of SH Equity Comments Share