After you have completed the preceding tasks, complete the following:
- Complete the homework problem in Excel for . For each account, select whether that account would appear on the balance sheet as an asset, liability, or equity account, or on the income statement as revenue or expense.
- When you have finished this assignment, post your Excel spreadsheet with results to this assignment.
- After you submit your assignment, watch the solution video. The solution video page becomes available after you have submitted your assignment. The video explains how to do the problem as well as reviews accounting concepts and the accounting cycle.
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