COMPREHENSIVE PROBLEM 2 (CHAPTERS 2, 5-8) Page 123 NAME PROFESSOR'S NAME SECTION SCORE ACC 255 SPRING 2018 COVER SHEET FOR COMPREHENSIVE PROBLEM 2 (CHAPTERS 2.5,6,8 INSTRUCTIONS: stapled) by the giments for the comprehensive problem and turn in the original of accepted for any reasonll! v solutions which will be provided on BbLearn. da te & time specified by your professor. No late problems will be Should take pictures of your solution to check your answers with the REQUIREMENTS (1) PREPARE JOURNAL ENTRIES FOR MERCHANDISING TRANSACTIONS (2) PREPARE JOURNAL ENTRIES FOR ACCOUNTS RECEIVABLE TRANSACTIONS (3) PREPARE FINANCIAL STATEMENTS: (a) (b) (c) MULTIPLE-STEP INCOME STATEMENT RETAINED EARNINGS STATEMENT CLASSIFIED BALANCE SHEET (4) CALCULATE LIQUIDITY, PROFITABILITY & SOLVENCY MEASURES