Excel Applications for Accounting Principles
Excel Applications for Accounting Principles
4th Edition
ISBN: 9781111581565
Author: Gaylord N. Smith
Publisher: Cengage Learning
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Chapter MB, Problem 1M

The general ledger of Jay Consulting shows the following balances at July 31:

Chapter MB, Problem 1M, The general ledger of Jay Consulting shows the following balances at July 31: Jay has asked you to , example  1

Jay has asked you to develop a worksheet that will serve as a trial balance (file name PTB). Use the data provided as input for your model.

Review the Model-Building Problem Checklist on page 154 to ensure that your worksheet is complete. Print the worksheet when done. Check figure: Total debits, $17,731.

To test your model, use the following balances at August 31:

Chapter MB, Problem 1M, The general ledger of Jay Consulting shows the following balances at July 31: Jay has asked you to , example  2

Print the worksheet when done. Check figure: Total debits, $18,810.

CHART (optional)

Using the test data worksheet, prepare a pie chart showing the percentage of each asset to total assets. Print the chart when done.

Expert Solution & Answer
Check Mark
To determine

Prepare a trial balance in a worksheet for the month ended July 31, and August 31.

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Excel Applications for Accounting Principles

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