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Accounting Cycle

ACCT 3110 Practice Case Instructions - Case will be worked individually and submitted, electronically, with all supplemental excel files and in typed format on Nov 7,2021 in WhilevPlys. Students have check figures given at the end of each respective month. Students are to download the Excel worksheets to use for journal entries and t-accounts and also utilize Excel for trial balances and financial statements. Students are to complete journal entries for each month, including adjusting and closing, trial balances, and financial statements consisting of Income Statement, Statement of Retained Earnings, and Balance Sheet in classified format. The minimum chart of accounts for the Deal Cleaning Corporation practice case is the following (more or less may be used):

- Assets - Cash, Accounts Receivable - Regular Customers, Accounts Receivable - Warhawk Gym, Prepaid Insurance, Supplies, Cleaning Equipment, Truck and Land.

- Liabilities - Accounts Payable - Home Improvement, Accounts Payable-Big Sparkle, Notes Payable Land, Notes Payable - Truck, Unearned Service Revenue

- Stockholder's Equity - Common Stock, Retained Earnings, Dividends - Jack Deal

- Revenue - Service Revenue, Sales Discounts

- Expenses - Auto Expense, Insurance Expense, Office Expense, Organization Expense, Rent Expense, Salary and Wage Expense

Screenshot 2021-10-18 111056.pngScreenshot 2021-10-18 111117.pngScreenshot 2021-10-18 111145.pngScreenshot 2021-10-18 111206.pngI need help completing my accounting case. It should include all acounting cycles listed in the direction above.

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