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About This Course

In the full accounting cycle problem using Excel course, we will enter journal entries into the general journal related to setting up a partnership and to the first month of operations.

  • Enter accounting transaction
  • Enter journal entries into a general journal
  • Post journal entries to a general ledger
  • Create a trial balance from a general ledger
  • Enter adjusting entries
  • Create an adjusted trial balance
  • Create financial statements from the trial balance
  • Build a balance sheet
  • Build an income statement
  • Build a statement of partners’ equity
  • Navigate an Excel worksheet
  • Enter standard Excel formulas

We will enter the normal financial transaction for a month of operations, recording debits and credits, or journalizing the financial transactions in the general journal. We will perform these tasks using a preformatted Excel worksheets. Even though this is a comprehensive problem, each new step will have a new Excel worksheet so that we can jump forward or go back and rework any component of the comprehensive problem.

Each new step in the process will include an Excel worksheet with at least two tabs, one demonstrating the completed task, and one with a preformatted worksheet to complete the task in a step by step format with instructional videos.

Once we have journalized the journal entries, we will post them to the general ledger and then create a trial balance form the general ledger. After completing the accounting transactions for the month, we will enter adjusting journal entries for the month, using an adjusting entry worksheet, the result is an adjusted trial balance.

We will use the adjusted trial balance to create the financial statements, to create the balance sheet, income statement, and statement of partners’ equity. Finally, we will enter the closing entries to prepare for the next accounting period, the next month of operations.

Our Promise to You

By the end of this course, you will have learned using Excel for accounting Cycle Problem.

30 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.

Get started today and learn more about the accounting cycle problem using Excel.

Course Curriculum

3h 35m

Section 1 - Introduction
Excel Corporation Accounting Cycle Problem Overview 00:00:00
Downloadable Materials 00:00:00
Section 2 - Financial Transactions
10 Corporation Comp Prob Introduction 00:00:00
20 Corporation Comp Prob Stock Purchase 00:00:00
30 Corporation Comp Prob Equipment Purchase 00:00:00
40 Corporation Comp Prob Supplies Purchase 00:00:00
50 Corporation Comp Prob Revenue on Account 00:00:00
60 Corporation Comp Prob Customer Payment Unearned Revenue 00:00:00
70 Corporation Comp Prob Purchase Insurance 00:00:00
80 Corporation Comp Prob Unhide And Hide Pains 00:00:00
90 Corporation Comp Prob Pay Vendor One Account 00:00:00
100 Corporation Comp Prob Receive Cash on Account 00:00:00
110 Corporation Comp Prob Revenue for Cash 00:00:00
120 Corporation Comp Prob Pay Expenses 00:00:00
130 Corporation Comp Prob Dividends 00:00:00
Section 3 - Adjusting Entries
140 Corporation Comp Prob Adj Entry Insurance 00:00:00
150 Corporation Comp Prob Adj Entry Supplies 00:00:00
160 Corporation Comp Prob Adj Entry Depreciation 00:00:00
170 Corporation Comp Prob Adj Entry Wages 00:00:00
180 Corporation Comp Prob Adj Entry Unearned Revenue 00:00:00
Section 4 - Financial Statements
190 Corporation Comp Prob Financial Statements Assets 00:00:00
200 Corporation Comp Prob Liability & Equity· 00:00:00
210 Corporation Comp Prob Net Income 00:00:00
220 Corporation Comp Prob Statement of Equity 00:00:00
Section 5 - Closing Entries
230 Corporation Comp Closing Entry One 00:00:00
240 Corporation Comp Closing Entry Two 00:00:00
250 Corporation Comp Closing Entry Three 00:00:00
260 Corporation Comp Closing Entry Four 00:00:00

Course Reviews


1 ratings
    KIMBERLEY JILENE TAYLORDecember 12, 2020 at 2:23 pm

    Excellent Beginnner Course and/or Refresher Course for the Accounting Cycle


    Good Refresher on the entire Accounting Cycle. Appreciated the thorough explanations for each transaction. Definitely would recommend for a beginner or someone looking for a brush up on the accounting cycle.

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