Home Preparing financial statement

Preparing financial statement

1.  Record Monthly Journal Entries.2.  Post entries to the General Ledger.3.  Prepare a Trial Balance.4.  Prepare Adjusting Journal Entries.5.  Review Post Closing Trial Balance.6.  Prepare an Income Statement & Balance Sheet.7.  Run / Calculate important financial ratios.8.  There are 4 tabs: JEs, General Ledger, Trial Balance, and Financial Statements.9.  Follow ALL the instructions on each tab.10.  Keep in Mind: you will need to record DEBITS as positive numbers and CREDITS as negative numbers.

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