Question Description
I need someone to help me prepare balance sheet and income statement. everything you need is attached. Do not bid if you can't do.
The books of accounting forBasswood Furniture must be completed manually, and the financialstatements submitted in the proper format for grading. You’ll upload thefollowing financial statements according to the instructions found inthis study unit:
Thisproject is a simulation of an actual accounting period. While no twobusinesses are exactly alike, this project is a representation of thetypes of transactions and procedures you’ll encounter in businessbookkeeping. The only difference is that you’ll encounter more of themin the normal course of business. For example, in the project you maymake a deposit with only two or three checks. In an actual business,your deposit can easily have 15 or 20 checks. Whether you have 2–3 or15–20, it’s all the same. Volume doesn’t make for dif- ferent accounting procedures in most cases
Whatyou’ve learned throughout the program will be used in completing thisproject. Any concepts that haven’t been cov- ered during the programwill be addressed during the course of the project. Therefore, if you’reunsure about what to do, go back through the program materials andworkbooks. Review the concept and apply your understanding to thesituation as presented in the instructions.
Everything you need tocomplete the project is contained within the project materials in anorderly fashion. The best way to understand what to do for this projectis to read through the instructions at least once or twice beforeattempting to begin the project. This will allow you to become familiarwith what needs to be done and how all the parts of the project (forms,journals, ledgers, financial statements, etc.) fit together.
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