Create your own company describing the nature of the company and what it provides (should...
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Accounting
Create your own company describing the nature of the company and what it provides should be providing services and assume it is a sole proprietorship
Show in details the accounting cycle journalizing in general journal, posting in general ledger and preparing financial statements taking into consideration the following:
Transaction to start with not less than transactions including at least one unearned and one prepaid transactions
Note: the transactions not including the adjusting and closing journal entries.
Use the coding for the accounts used
During the adjusting and closing periods please make sure you have covered all categories discussed in class types
Make sure to show the method used to calculate the depreciation highlighting over the reason on choosing this specific method
The answer must be in Excel
i NEEDIT WITH NUMBERS
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