Posted: December 27th, 2019

Accounting Trial Balance Project

Question description

I have this project and I have no clue where to start. 1. 
Use the information in the provided trial balance to
create the following financial statements:
a. 
2015 Income Statement
b. 
2015 Balance Sheet
c. 
2015 Cash Flow Statement
2. 
Create ONE Excel Workbook with the following tabs:
a. 
Tab 1:  Trial
Balance for 2014 and 2015 provided
b. 
Tab 2: Closing Entries for 2014 Income Statement
c. 
Tab 3:  2015
Income Statement
d. 
Tab 4:  Closing
entries for 2015
e. 
Tab 5: 2015 Balance Sheet post-closing entries  (Use the 2014 Retained Earnings balance as
your beginning 2015 balance) 
f. 
Tab 6:  Cash Flow
Statement 
g. 
NOTE:  Use the
financial statements found in Appendix A as an example of proper statement
format. 
3. 
Formulas:
a. 
Use Excel to setup
the financial statements by linking the values from the trial balance.
b. 
Use Excel formulas to
calculate all totals and sub-totals. 

What Citation Formats Do You Support?

We hear “Can you write in APA or MLA?” all the time—and the answer’s a big yes, plus way more! Our writers are wizards with every style—APA, MLA, Harvard, Chicago, Turabian, you name it—delivering flawless formatting tailored to your assignment. Whether it’s a tricky in-text citation or a perfectly styled reference list, they’ve got the skills to make your paper academically spot-on.

2014
Trial Balance
2015 Trial Balance

Account Title
Debits
Credits
 
 
Account Title
Debits
Credits
 

Cash and cash equivalents
 $  299
 
 
Cash and cash equivalents
 $  364
 

Short-term investments
 $  553
 
 
Short-term investments
 $  155
 

Are Paper Services Legal?

Yes, completely! They’re a valid tool for getting sample papers to boost your own writing skills, and there’s nothing shady about that. Use them right—like a study guide or a model to learn from—and they’re a smart, ethical way to level up your grades without breaking any rules.

Accounts receivable
 $  198
 
 
Accounts receivable
 $  218
 

Merchandise inventories
 $  441
 
 
Merchandise inventories
 $  500
 

Prepaid expenses and other
current assets
 $  265
 
 
Prepaid expenses and other current assets
 $  307
 

How Much for a Paper?

Prices start at $10 per page for undergrad work and go up to $21 for advanced levels, depending on urgency and any extras you toss in. Deadlines range from a lightning-fast 3 hours to a chill 14 days—plenty of wiggle room there! Plus, if you’re ordering big, you’ll snag 5-10% off, making it easier on your wallet while still getting top-notch quality.

Property and Equipment 
 $  3,023
 
 
Property and Equipment 
 $  3,363
 

Accumulated depreciation
 $  100
 
 
Accumulated depreciation 
 $  200
 

Long-term
investments 
 $  120
 
 
Long-term investments 
 $  63
 

Goodwill
 $  708
 
 
Goodwill
 $  710
 

Will Anyone Find Out I Used You?

Nope—your secret’s locked down tight. We encrypt all your data with top-tier security, and every paper’s crafted fresh just for you, run through originality checks to prove it’s one-of-a-kind. No one—professors, classmates, or anyone—will ever know you teamed up with us, guaranteed.

Intangible
assets
 $  91
 
 
Intangible assets
 $  89
 

Accumulated
amortization of intangible assets
 $  10
 
 
Accumulated amortization of
intangible assets
 $  10
 

Other
assets
 $  156
 
 
Other assets
 $  182
 

Current
installments of capital lease obligations
 $  2
 
 
Current installments of capital
lease obligations
 $  3
 

Do You Rely on AI?

Not even a little—our writers are real-deal experts with degrees, crafting every paper by hand with care and know-how. No AI shortcuts here; it’s all human skill, backed by thorough research and double-checked for uniqueness. You’re getting authentic work that stands out for all the right reasons.

Accounts
payable
 $  276
 
 
Accounts payable
 $  295
 

Accrued payroll, bonus and
other benefits due team members
 $  379
 
 
Accrued payroll, bonus and other benefits due team members
 $  436
 

Dividends
payable
 $  43
 
 
Dividends payable
 $  45
 

Other
current liabilities
 $  557
 
 
Other current liabilities
 $  473
 

Why Are You Top for Research Papers?

Our writers are Ph.D.-level pros who live for nailing the details—think deep research and razor-sharp arguments. We pair that with top plagiarism tools, free revisions to tweak anything you need, and fast turnarounds that don’t skimp on quality. Your research paper won’t just shine—it’ll set the bar.

Long-term capital lease
obligations, less current installments
 $  60
 
 
Long-term capital lease obligations, less current installments
 $  62
 

Deferred
lease liabilities
 $  548
 
 
Deferred lease liabilities
 $  587
 

Other
long-term liabilities
 $  66
 
 
Other long-term liabilities
 $  71
 

Common
Stock
 $  2,863
 
 
Common Stock
 $  2,904
 

Who’s Behind My Essays?

You’re in good hands with degree-holding pros—many rocking Master’s or higher—who’ve crushed our tough vetting tests in writing and their fields. They’re your partners in this, hitting tight deadlines and academic standards with ease, all while tailoring every essay to your exact needs. No matter the topic, they’ve got the chops to make it stellar.

Treasury
Stock
 $  (711)
 
 
Treasury Stock
 $  (1,124)
 

Accumulated
Other Comprehensive Loss
 $  (7)
 
 
Accumulated Other Comprehensive
Loss
 $  (28)
 

Retained
earnings (beginning of year)
 $  176
 $  1,265
 
 
Retained earnings (beginning of year will be ending 2014 balance after closing
entries)
 $  187
 must be calculated from 2014 close 
**2015 ending balance must also be calculated after closing 2015 income
statement

Sales
 $  14,194
 
 
Sales
 $  15,389
 

Is My Paper Original?

100%—we promise! Every paper’s written fresh from scratch—no AI, no copying—just solid research and proper citations from our expert writers. You can even request a plagiarism report to see it’s 95%+ unique, giving you total confidence it’s submission-ready and one-of-a-kind.

Cost of
Goods Sold
 $  9,150
 
 
Cost of Goods Sold
 $  9,973
 

Selling,
general and administrative expenses
 $  4,032
 
 
Selling, general and
administrative expenses
 $  4,472
 

Pre-opening
expenses
 $  67
 
 
Pre-opening expenses
 $  67
 

Relocation,
store closure and lease termination expenses
 $  11
 
 
Relocation, store closure and
lease termination expenses
 $  16
 

Can You Do Any Citation Style?

Yep—APA, Turabian, IEEE, Chicago, MLA, whatever you throw at us! Our writers nail every detail of your chosen style, matching your guidelines down to the last comma and period. It’s all about making sure your paper fits academic expectations perfectly, no sweat.

Investment
and other income
 $  12
 
 
Investment and other income
 $  17
 

Income
tax expense
 $  367
 
 
Income tax expense
 $  342
 

 $  19,657
 $  19,657
 
 
 
 $  21,008
 $  19,340
 

 
 
 
 
 
 
 
 

Can I Adjust Instructions Later?

Absolutely—life happens, and we’re flexible! Chat with your writer anytime through our system to update details, tweak the focus, or add new requirements, and they’ll pivot fast to keep your paper on point. It’s all about making sure the final draft is exactly what you need, no stress involved.

*Debit
to Retained Earnings represents dividends declared 
 
 
 
 
 
 
 

2014
Trial Balance
2015 Trial Balance

Account Title
Debits
Credits
 
 
Account Title
Debits
Credits
 

Cash and cash equivalents
 $  299
 
 
Cash and cash equivalents
 $  364
 

How Do I Get Started?

It’s super easy—order online with a few clicks, then track progress with drafts as your writer works their magic. Once it’s done, download it from your account, give it a once-over, and release payment only when you’re thrilled with the result. It’s fast, affordable, and built with students like you in mind!

Short-term investments
 $  553
 
 
Short-term investments
 $  155
 

Accounts receivable
 $  198
 
 
Accounts receivable
 $  218
 

Merchandise inventories
 $  441
 
 
Merchandise inventories
 $  500
 

Prepaid expenses and other
current assets
 $  265
 
 
Prepaid expenses and other current assets
 $  307
 

How Fast for Rush Jobs?

We can crank out a killer paper in 24 hours—quality locked in, no shortcuts. Just set your deadline when you order, and our pros will hustle to deliver, even if you’re racing the clock. Perfect for those last-minute crunches without compromising on the good stuff.

Property and Equipment 
 $  3,023
 
 
Property and Equipment 
 $  3,363
 

Accumulated depreciation
 $  100
 
 
Accumulated depreciation 
 $  200
 

Long-term
investments 
 $  120
 
 
Long-term investments 
 $  63
 

Goodwill
 $  708
 
 
Goodwill
 $  710
 

Intangible
assets
 $  91
 
 
Intangible assets
 $  89
 

Can You Handle Complex Subjects?

For sure! Our writers with advanced degrees dive into any topic—think quantum physics or medieval lit—with deep research and clear, sharp writing. They’ll tailor it to your academic level, ensuring it’s thorough yet easy to follow, no matter how tricky the subject gets.

Accumulated
amortization of intangible assets
 $  10
 
 
Accumulated amortization of
intangible assets
 $  10
 

Other
assets
 $  156
 
 
Other assets
 $  182
 

Current
installments of capital lease obligations
 $  2
 
 
Current installments of capital
lease obligations
 $  3
 

Accounts
payable
 $  276
 
 
Accounts payable
 $  295
 

Accrued payroll, bonus and
other benefits due team members
 $  379
 
 
Accrued payroll, bonus and other benefits due team members
 $  436
 

How Do You Meet Prof Standards?

We stick to your rubric like glue—nailing the structure, depth, and tone your professor wants—then polish it with edits for that extra shine. Our writers know what profs look for, and we double-check every detail to make sure it’s submission-ready and grade-worthy.

Dividends
payable
 $  43
 
 
Dividends payable
 $  45
 

Other
current liabilities
 $  557
 
 
Other current liabilities
 $  473
 

Long-term capital lease
obligations, less current installments
 $  60
 
 
Long-term capital lease obligations, less current installments
 $  62
 

Deferred
lease liabilities
 $  548
 
 
Deferred lease liabilities
 $  587
 

What’s Your Editing Like?

Send us your draft and tell us your goals—we’ll refine it, tightening arguments and boosting clarity while keeping your unique voice intact. Our editors work fast, delivering pro-level results that make your paper pop, whether it’s a light touch-up or a deeper rework.

Other
long-term liabilities
 $  66
 
 
Other long-term liabilities
 $  71
 

Common
Stock
 $  2,863
 
 
Common Stock
 $  2,904
 

Treasury
Stock
 $  (711)
 
 
Treasury Stock
 $  (1,124)
 

Accumulated
Other Comprehensive Loss
 $  (7)
 
 
Accumulated Other Comprehensive
Loss
 $  (28)
 

Retained
earnings (beginning of year)
 $  176
 $  1,265
 
 
Retained earnings (beginning of year will be ending 2014 balance after closing
entries)
 $  187
 must be calculated from 2014 close 
**2015 ending balance must also be calculated after closing 2015 income
statement

Can You Pick My Topic?

Yes—we’ve got your back! We’ll brainstorm fresh, workable ideas tailored to your assignment, picking ones that spark interest and fit the scope. You choose the winner, and we’ll turn it into a standout paper that’s all yours.

Sales
 $  14,194
 
 
Sales
 $  15,389
 

Cost of
Goods Sold
 $  9,150
 
 
Cost of Goods Sold
 $  9,973
 

Selling,
general and administrative expenses
 $  4,032
 
 
Selling, general and
administrative expenses
 $  4,472
 

Pre-opening
expenses
 $  67
 
 
Pre-opening expenses
 $  67
 

Relocation,
store closure and lease termination expenses
 $  11
 
 
Relocation, store closure and
lease termination expenses
 $  16
 

Investment
and other income
 $  12
 
 
Investment and other income
 $  17
 

Income
tax expense
 $  367
 
 
Income tax expense
 $  342
 

Do You Do Quick Revisions?

Yep—need changes fast? We’ll jump on your paper and polish it up in hours, fixing whatever needs tweaking so it’s ready to submit with zero stress. Just let us know what’s off, and we’ll make it right, pronto.

 $  19,657
 $  19,657
 
 
 
 $  21,008
 $  19,340
 

 
 
 
 
 
 
 
 

*Debit
to Retained Earnings represents dividends declared 
 
 
 
 
 
 
 
project_1_trial_balance.xlsx

Tags: Ace-myhomework Assignment, Affordable College Homework, APA Citation Assignment Help, Custom Essay Writing