The financial position of a company is measured by the performance it takes in company financial statements: example
7. Income Statement tab Prepare an income statement for the month 8. Stmt of OE tab; Prepare a statement of cwner's equity. 9. Balance Sheet tab: Prepare a balance sheet 10. Adjusting and Closing tab: Record the adjusting entries and the closing ex 11. Gerieral Ledger tab. Post the adjusting entries and the closing entries to 1 12. Post Closing tab: Prepare a postclosing trial balance Anolyze: Answer the questions on the Analyze tab to compare the January : balance sheet shown in Figute 6.4 , Complete this question by entering your answers in the tabs below. Compare the January 31 balance sheet you prepared with the December 31 bals 1. What changes occurred in total assets, liabilities, and the owner's ending capi 2. What changes occurred in the Cash and Accounts Receivable accounts? 3. Has there been an improvement in the firm's finandial position? What thanies cccomrred in the cach and fcr Has there been an imgrovement in the firm 7. Income Statement tab Prepare an income statement for the month 8. Stmt of OE tab; Prepare a statement of cwner's equity. 9. Balance Sheet tab: Prepare a balance sheet 10. Adjusting and Closing tab: Record the adjusting entries and the closing ex 11. Gerieral Ledger tab. Post the adjusting entries and the closing entries to 1 12. Post Closing tab: Prepare a postclosing trial balance Anolyze: Answer the questions on the Analyze tab to compare the January : balance sheet shown in Figute 6.4 , Complete this question by entering your answers in the tabs below. Compare the January 31 balance sheet you prepared with the December 31 bals 1. What changes occurred in total assets, liabilities, and the owner's ending capi 2. What changes occurred in the Cash and Accounts Receivable accounts? 3. Has there been an improvement in the firm's finandial position? What thanies cccomrred in the cach and fcr Has there been an imgrovement in the firm