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I am taking this class and the expert solution provided is not how the instructor wants it shown. I am wondering if someone can please
I am taking this class and the expert solution provided is not how the instructor wants it shown. I am wondering if someone can please prepare these sets of financials again and not do a "rolling balance" working down the spreadsheet. She wants it shown transaction at a time starting in year so for example on # where it says "signed note for $ you would put $ in the cash column and $ in the notes payable column, and not bring down anything else. Then you would go to number and on the balance sheet it would be a decrease of $ an increase of $ to land and increase of $ to building and those would be the only entries on that line. She wants us to go through each entry that way. She doesn't want us to total it until we get to the very bottom. I kind of know what I am doing and want to try it on my own but want to have something correct to compare to since its a study guide. Thank you.
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