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The following list contains some of the accounts used by the Living Well Health Spa. Instructions: Create a table in a spreadsheet software (either Excel
The following list contains some of the accounts used by the Living Well Health Spa. Instructions: Create a table in a spreadsheet software (either Excel or Google Spreadsheets) that looks like the example below: In your table, include the following for each of the accounts listed in the blue box above. 1) In the first column, indicate the financial statement where each account appears: balance sheet or income statement 2) In the next column, indicate whether or not the account is affected by a closing entry. 3) In the last column, indicate whether or not the account appears on the post-closing trial balance. Use the yellow table example above as a guide to help you get started
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