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Create in paper I will add it to my excelsheet because i already created it. I want you to create T account, Joneral Entry and

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Create in paper I will add it to my excelsheet because i already created it. I want you to create T account, Joneral Entry and balance sheet. Also i have added sample of excel sheet that they talking about but you can create in paper and i will add to it.

To help Deanna, you will provide a memo to answer her questions. In addition, you will use the first three worksheets in the Excel file to record the necessary journal entries, post them to T-accounts as a substitute for the general ledger, and prepare an unadjusted trial balance as of October 31, 2018. Date Description of Events Deanna cashes in some US Savings Bonds worth $520. She deposits the total amount in her personal bank account. At the same time, she opens up a new bank account for Deanna's Delights, Inc. She takes $500 of the savings bond money to purchase common stock of Deanna's Delights, Inc. Deanna purchases a cell phone for business use. The phone cost $96, is expected to last two Oct. 6 7 and the cell service will be billed monthl 10 Deanna's Delights 11 Deanna's Delights purchases baking supplies (flour, sugar, etc.) for $125 in cash. 12 Deanna begins gathering baking equipment to take to the baking lessons. She has an es office supplies and stati for $95 in cash. excellent stand mixer and a good quality food processor. The two items originally cost her $700. She decides that these will now be used solely for her business. A quick search of online resellers helps her value the equipment at $480 ($288 for the mixer and $192 for the food processor). She transfers the equipment to the business and takes additional common stock in exchange Deanna looks at her bank balance and realizes that she will probably need more cash to keep going. Her father has agreed to loan her $3,000 in cash. In exchange Deanna gave him a two-vear, 6% note. Interest and principal are due at maturi Deanna's Delights pays $960 cash for more baking equip Deanna is very happy today. She has scheduled her first baking class for October 24. She will receive $100 on the day of the class. Word of mouth among the participants in her first class has led to another booking for Deanna. She will be teaching a class on November 3 for $150. She received a cash deposit of $75 on the day of booking Deanna teaches her first baking class, booked on October 16 and collects the $100 cash. Deanna's brother Alex created a website for Deanna's Delights that will be used for advertising. He charges the company $360, payable in 30 days. The website is expected to last for three years before major upgrades are needed. Deanna's Delights buys an insurance policy for $1,200. The policy will cover the twelve months of November through next October Deanna teaches a group of elementary students to make Halloween cookies. After the class, she Deanna receives her cell phone bill for October with a total due of $50. The bill is due November 15 14 15 16 t. 17 24 26 30 d e povide a 31 des an invoice for $300 to the principal. It is due in 30 days n 31

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