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Excel Exercises

The document appears to be a general ledger showing accounts and their balances. It lists various asset, liability, equity, income and expense accounts down the left side with beginning balance, debit, credit and ending balance columns. The totals at the bottom show total debits equal total credits and net income is 0, indicating the accounting equation balances.

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Jerirose Lucero
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116 views10 pages

Excel Exercises

The document appears to be a general ledger showing accounts and their balances. It lists various asset, liability, equity, income and expense accounts down the left side with beginning balance, debit, credit and ending balance columns. The totals at the bottom show total debits equal total credits and net income is 0, indicating the accounting equation balances.

Uploaded by

Jerirose Lucero
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Assets = Liabilities

0 = 0
General Journal
Date Accounts Debit (Credit) Accounts Trial Balance
Checking 0
Accounts Receivable 0
Inventory Asset 0
Prepaid Insurance 0
Short-Term Investments 0
Undeposited Finds 0
Accumulated Depreciation 0
Furniture & Equipment 0
Accounts Payable 0
Visa 0
Interest Payable 0
Loan Payable - Current 0
Payroll Liability 0
Sales Tax Payable 0
Unearned Revenue 0
Loan Payable - Long Term 0
Owners Draw 0
Owners Equity 0
Merchandise Sales 0
Rent Music Equipment 0
Service 0
Cost of Goods Sold 0
Bank Service Charges 0
Depreciation Expense 0
Insurance Expense 0
Interest Expense 0
Internet Expense 0
Misc. Expense 0
Office Supplies 0
Payroll Expenses 0
Telephone Expense 0
Utilities 0
Interest Income 0
Total Debits - Total (credits) 0
Net Income 0
Owner's
Liabilities + Equity
0 + 0
0
General Ledger General Ledger General Ledger General Ledger Gen
Checking Accounts Receivable Prepaid Insurance
Debit Credit Balance Debit Credit Balance Debit Credit Balance
Beginning Balance 0 Beginning Balance 0 Beginning Balance 0
0 0 0
0 0 0
0 0 0
0 0
0 0 Short-Term Investments
0 0 Debit Credit Balance
0 0 Beginning Balance 0
0 0 0
0 0 0
0 0 0
0 0
0 0 Undeposited Finds
0 Debit Credit Balance
0 Inventory Asset Beginning Balance 0
0 Debit Credit Balance 0
0 Beginning Balance 0 0
0 0 0
0 0
0 0 Accumulated Depreciation
0 0 Debit Credit Balance
0 0 Beginning Balance 0
0 0 0
0 0 0
0 0 0
0 0
0 0 Furniture & Equipment
0 0 Debit Credit Balance
0 0 Beginning Balance 0
0 0 0
0 0 0
0
ger General Ledger General Ledger General Ledger General Ledger General Ledger General Ledg
Accounts Payable Loan Payable - Current Owners Draw Service
Debit Credit Balance Debit Credit Balance Debit Credit Balance Debit
Beginning Balance 0 Beginning Balance 0 Beginning Balance 0 Beginning Balance
0 0 0
0 0
0 0 Owners Equity
0 0 Debit Credit Balance
0 Beginning Balance 0
0 Payroll Liability 0
0 Debit Credit Balance 0
0 Beginning Balance 0 0
0 0
0 0 Merchandise Sales
0 0 Debit Credit Balance
0 Beginning Balance 0 Cost of Goods S
Visa 0 0 Debit
Debit Credit Balance 0 Beginning Balance
Beginning Balance 0 Sales Tax Payable 0
0 Debit Credit Balance 0
0 Beginning Balance 0 0
0 0
Interest Payable 0 0
Debit Credit Balance 0 0
Beginning Balance 0 0 0
0 0
0 Unearned Revenue 0
0 Debit Credit Balance 0
0 Beginning Balance 0 0
0 0
0 0
0
Loan Payable - Long Term Bank Service Cha
Debit Credit Balance Rent Music Equipment Debit
Beginning Balance 0 Debit Credit Balance Beginning Balance
0 Beginning Balance 0
0 0
0 0
ger General Ledger General Ledger General Ledger
Service Depreciation Expense Office Supplies
Credit Balance Debit Credit Balance Debit Credit Balance
Beginning Balance 0 Beginning Balance 0 Beginning Balance 0
0 0 0
0 0 0
0 0 0
0
0 Insurance Expense Payroll Expenses
0 Debit Credit Balance Debit Credit Balance
0 Beginning Balance 0 Beginning Balance 0
0 0 0
0 0 0
0 0 0
0
Cost of Goods Sold Interest Expense 0
Credit Balance Debit Credit Balance
Beginning Balance 0 Beginning Balance 0 Telephone Expense
0 0 Debit Credit Balance
0 0 Beginning Balance 0
0 0 0
0 0
0 Internet Expense 0
0 Debit Credit Balance
0 Beginning Balance 0 Utilities
0 0 Debit Credit Balance
0 0 Beginning Balance 0
0 0 0
0 0
0 Misc. Expense 0
0 Debit Credit Balance
Beginning Balance 0 Interest Income
Bank Service Charges 0 Debit Credit Balance
Credit Balance 0 Beginning Balance 0
Beginning Balance 0 0 0
0 0
0 0
0
Balance Sheet
Assets Liabilities
Current assets: Current Liabilities:
Cash 0 Accounts Payable 0
Accounts Receivable 0 Credit card 0
Inventory Asset 0 Interest Payable 0
Prepaid Insurance 0 Loan Payable - Current 0
Short-Term Investments 0 Payroll Liability 0
Undeposited Finds 0 Sales Tax Payable 0
Total current assets 0 Unearned Revenue 0
Property Plant & Equipment: Total Current Liabilities
Furniture & Equipment 0 Loan Payable - Long Term
Less: Accumulated Depreciation 0 Total Liabilities
Total Property Plant & Equipment 0 Equity:
Owners Equity

Total Assets 0 Total Liabilities & Equity

Income Statement
Revenue:
Merchandise Sales 0
Rent Music Equipment 0
Service 0
Total revenue 0
Cost of Goods Sold 0
Gross Profit 0
Expenses:
Bank Service Charges 0
Depreciation Expense 0
Insurance Expense 0
Interest Expense 0
Internet Expense 0
Misc. Expense 0
Office Supplies 0
Payroll Expenses 0
Telephone Expense 0
Utilities 0
Total expenses 0
Net Ordinary Income 0
Other Income/Expense
Interest Income 0
Net Income (Loss) 0

Statement of Owner's Equity


Beginning Owner's Equity 0
Owner Investment
Net Income (loss) 0
Draws 0
Net decrease 0
Ending Owner's Equity 0
0
0
0

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