Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can someone please help me solve these transactions? Using the excel file provided for Completion Point 2 you must enter the transactions below into the

can someone please help me solve these transactions?
image text in transcribed
Using the excel file provided for Completion Point 2 you must enter the transactions below into the Specialised Journals and then update the Ledger accounts as required. (The transactions below include previous transactions that you completed previously using only the General Journal but may no longer be appropriate to record there and a number of new transactions) Transactions A stocktake on July 31 reveals $12660 worth of inventory on hand. Once you have completed the data entry above, you will need complete Schedules for Accounts Receivable and Accounts Payable and you will need to create a Balance Sheet dated 31 July 2022. These additional reports should be placed on a new tab in the excel spreadsheet. Using the excel file provided for Completion Point 2 you must enter the transactions below into the Specialised Journals and then update the Ledger accounts as required. (The transactions below include previous transactions that you completed previously using only the General Journal but may no longer be appropriate to record there and a number of new transactions) Transactions A stocktake on July 31 reveals $12660 worth of inventory on hand. Once you have completed the data entry above, you will need complete Schedules for Accounts Receivable and Accounts Payable and you will need to create a Balance Sheet dated 31 July 2022. These additional reports should be placed on a new tab in the excel spreadsheet

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Construction Accounting And Financial Management

Authors: Steven J. Peterson

1st Edition

0131109391, 978-0131109391

More Books

Students also viewed these Accounting questions

Question

Define the term Working Capital Gap.

Answered: 1 week ago