ACC5000 - Accounting - Journal Entries - Ledger - Profit and loss Statement - Accounting Assignment Help

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Assignment Details:

Tony Gutterson is the owner and manager of a gutter cleaning business, Gutter Protect Services. Consider the information provided for Gutter Protect Services and use Excel to:

  • Record the journal entries for June transactions.
  • Record adjusting entries for the end of June.
  • Construct the “T” formatted ledger accounts.
  • Prepare the profit and loss statement for the year ended 30 June 2019.
  • Prepare the classified narrative formatted balance sheet as at 30 June 2019.

You must use formula to construct the ledger accounts, profit and loss statement, and balance sheet. The excel sheets must be linked to each other. You CANNOT just enter the data into the financial statements. You must enter the data once and link the excel sheets to produce the financial reports.

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