Lab Insight: Apply the same steps as Lab 1-1 to the Alt Lab 1-1 Data.xlsx dataset, with a completed formatted trial balance. Open Excel file Alt Lab 1-1 Data.xlsx. The only exception is you need to order the final trial balance in this way: Reorder the accounts in balance sheet (Cash, Accounts Receivable, Allowance for Doubtful Accounts, Prepaid Insurance, Computer Supplies, Supplies, Equipment, Building, Accumulated Depreciation, Notes Payable, Common Stock) and then the accounts in income statement order (Sales Revenue, Salaries Expense, Travel Expense, Rent Expense, Repairs Expense, Depreciation Expense, Insurance Expense, Misc. Expense, Payroll Tax Expense, Supplies Expense, Training Expense, Utilities Expense and Bad Debt Expense, Postage Expense). To reorder the accounts, you can highlight the whole row, right click and select Cut, move to the row where you would like to insert it, and then select Insert Cut Cells to get the row in the appropriate location. Required: Manipulate the journal entries over the sample period and create a trial balance. Ask the Question: Can PivotTables be used to post journal entries and create a trial balance? Master the Data: ProtectID is formed to provide ID privacy and protection. ProtectID begins business January 3, 2022, and has 52 journal entries in the first month, which we have now input into an Excel spreadsheet. Software needed - Excel - Screen capture tool (Windows: Snipping Tool; Mac: Cmd+Shift+4) Data: Alt Lab 1-1 Data.xlsx Perform the Analysis: Refer to original Lab 1-1 in the text for instructions and steps for each of the lab parts. Answer the following questions based the details provided
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Lab Insight: Apply the same steps as Lab 1-1 to the Alt Lab 1-1 Data.xlsx dataset, with a completed formatted trial balance. Open Excel file Alt Lab 1-1 Data.xlsx. The only exception is you need to order the final trial balance in this way: Reorder the accounts in balance sheet (Cash, Accounts Receivable, Allowance for Doubtful Accounts, Prepaid Insurance, Computer Supplies, Supplies, Equipment, Building, Accumulated Depreciation, Notes Payable, Common Stock) and then the accounts in income statement order (Sales Revenue, Salaries Expense, Travel Expense, Rent Expense, Repairs Expense, Depreciation Expense, Insurance Expense, Misc. Expense, Payroll Tax Expense, Supplies Expense, Training Expense, Utilities Expense and Bad Debt Expense, Postage Expense). To reorder the accounts, you can highlight the whole row, right click and select Cut, move to the row where you would like to insert it, and then select Insert Cut Cells to get the row in the appropriate location. Required: Manipulate the journal entries over the sample period and create a trial balance. Ask the Question: Can PivotTables be used to post journal entries and create a trial balance? Master the Data: ProtectID is formed to provide ID privacy and protection. ProtectID begins business January 3, 2022, and has 52 journal entries in the first month, which we have now input into an Excel spreadsheet. Software needed - Excel - Screen capture tool (Windows: Snipping Tool; Mac: Cmd+Shift+4) Data: Alt Lab 1-1 Data.xlsx Perform the Analysis: Refer to original Lab 1-1 in the text for instructions and steps for each of the lab parts. Answer the following questions based the details provided
