Prepare Journal, Ledger, Trial Balance, Profit and Loss A/c, Balance Sheet in MS Excel and
voload in Amocducator
Your name isOwner Name
You started husinesswith cash worth 1200
2 Deposited $7500 cash into Scotia Bank
3 Commission is paid $250 by cash
4.Rent of building paid by cash $1200
5 Received $6000 cash as service revenue
§ Laptop is purchased of $ 500 and payment is made by cheque
Advertisement expenses are paid by cheque s320
8 Longterm loan $2500 is taken from scotia bank
9. Bought Furniture on Credit from IKEA $ 1000
short term loan from tripnd cis mepra Gash suing
calculates
Current Ratio, Debtto Total Assets ratio, Debt to Equity Ratio for financial Analysis.