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At the end of each module, you will apply the module’s concepts by completing a comprehensive assignment from the textbook.
Complete these problems from your text book: (P1-44B page 47 & P2-46B page 111) related to transaction analysis, journal entries for typical business transactions, adjusting entries and preparation of the trial balance and adjusted trial balance.
Present your analysis of the assigned problems in Excel format. Enter non-numerical responses in the same worksheet using textboxes.
This must be completed in excel format! The attached file contains the information!

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Accent Photography
Income Statement
For the year ended December 31, 2011

Service Revenue
Less: Expenses
Insurance expense
Advertising expense
Salary expense
Total Expenses
Net Income


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