Complete all work on the Option 2 Spreadsheet (linked at the bottom of the page) to this assignment; it will be your only deliverable.

Using the data in the attached spreadsheet, perform the accounting required for each of the following government fund transactions:

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  1. Perform the required journal entries


Clearly identify the requirements being addressed. Show all calculations within the cells of an Excel spreadsheet. This means that you must use formulas and links so that the thought process can be examined. Make good use of comments to convey your thought process as well. No hard coding of solutions. Submit a single MS Excel file for grading.