In this assignment, you will complete a balance sheet for
Jack and Lily Taylor to assess their liquidity and solvency. Use the
information in the tables ( I have attached the tables) to
complete the Lesson 2 Financial Statement Template (I have attached the template) by preparing:
1.
The Balance Sheet
2.
Income and Expense Statement for Jack and Lily
Taylor.
Note: The Excel document has two tabs, one for each assignment,
and you must complete both worksheets for the assignment.
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