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Review the account balances of ma and pa grocery as of

Question: Review the account balances of Ma and Pa Grocery as of December 31, 20##, in the Excel Template (attached).

Requirements: 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.

Information related to above question is enclosed below:

Attachment:- assignment_mod_03.rar

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Accounting Basics: Review the account balances of ma and pa grocery as of

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