Excel Balance Sheet, accounting homework help

Review the account balances of Ma and Pa Grocery as of December 31, 20##, in the attached Excel template.


    1. Prepare the Statement of Retained Earnings for the period ending December 31, 20##.
    2. Prepare the Balance Sheet as of December 31, 20##.
    3. Calculate the current ratio for the year.

Save your assignment as a Microsoft Excel document.