Electronic spreadsheets Electronic spreadsheets are a fact of life for all business professionals. It is essential that you learn how to use Excel to present accounting information. Excel is the most powerful tool used by accountants today. The more you learn about how it works, the more marketable your skills will be in the job market.

To receive full credit, you must build the spreadsheet using the Excel template provided below. If you need assistance with Excel, please attend drop-in hours.

As a group of four or five, you will complete a project. This project will be in Excel and contain the following tabs:

General Journal Tab General Ledger - Asset Tab General Ledger - Liability Tab General Ledger - Equity Tab Worksheet Tab Income statement and Stock Holders Equity Tab Classified Balance Sheet Tab Post-Closing Trial Balance Tab The Excel project of Group X Consulting Inc. must be submitted with a Business Memorandum.