I need a 1 page paper with 4 financial statements in Excel f
I need a 1 page paper with 4 financial statements in Excel f.
I need a 1 page paper with 4 financial statements in Excel format on the following information:You are an accountant for The Flower Shoppe. Your supervisor has asked you to help her prepare the year-end financial statements. Before you do, she wants to ensure that you understand some main points.Explain the following: The elements of the balance sheet, their purposes, and how to measure them The elements and purpose of the statement of changes in stockholder s equity Based on the adjusted trial balance and additional information, prepare the following in an Excel file to give to the controller for review: Balance sheet Income statement Statement of retained earnings Statement of cash flows The following is additional information about the Flower Shoppe that is needed for financial-statement preparation:Net income for the year ended December 31, 2008 was $10,845. Changes from the prior year s balances included the following: a decrease in accounts receivable of $300. a decrease in inventory of $450. an increase in accounts payable of $250. an decrease in accrued expenses of $100. Land was purchased in April for $3,500. Cash as of January 1, 2008 was $10,105. The Flower ShoppeAdjusted Trial BalanceDecember 31, 2008DebitCreditCash$22,750Accounts Receivable3,200Inventory8,000Land27,000Building56,000Accumulated Depreciation16,800Accounts Payable4,600Accrued Expenses2,500Common Stock20,000Additional Paid-in Capital10,000Dividends1,200Retained Earnings53,405Sales112,020Returns1,300Purchases47,000Salaries38,000Supplies870Utilities5,225Telephone2,850Bank Charges330Depreciation Expense5,600$219,325$219,325
I need a 1 page paper with 4 financial statements in Excel f
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