I need someone to help me prepare balance sheet and income statement. everything you need is attached. Do not bid if you can't do. The books of accounting for Basswood Furniture must be completed manually, and the financial statements submitted in the proper format for grading. You’ll upload the following financial statements according to the instructions found in this study unit: Balance sheet Income statementThis project is a simulation of an actual accounting period. While no two businesses are exactly alike, this project is a representation of the types of transactions and procedures you’ll encounter in business bookkeeping. The only difference is that you’ll encounter more of them in the normal course of business. For example, in the project you may make a deposit with only two or three checks. In an actual business, your deposit can easily have 15 or 20 checks. Whether you have 2–3 or 15–20, it’s all the same. Volume doesn’t make for dif- ferent accounting procedures in most casesWhat you’ve learned throughout the program will be used in completing this project. Any concepts that haven’t been cov- ered during the program will be addressed during the course of the project. Therefore, if you’re unsure about what to do, go back through the program materials and workbooks. Review the concept and apply your understanding to the situation as presented in the instructions.Everything you need to complete the project is contained within the project materials in an orderly fashion. The best way to understand what to do for this project is to read through the instructions at least once or twice before attempting to begin the project. This will allow you to become familiar with what needs to be done and how all the parts of the project (forms, journals, ledgers, financial statements, etc.) fit together.

Critical Thinking Case Study: Euro Disneyland In the Euro Disneyland case study, many of the issues Disney had from the start related to cultural differences between the United States and France. Using the Business Problem Solving Model outlined this week in the course content and video, how would you make the following decisions? Discover-Identify the problem: What were the main issues described in the case that were problematic? Investigate-Gather information to define the problem: In managing Euro Disney operations, what were some of the mistakes Disney made? Brainstorm-Produce Alternatives: How could Disney have resolved these mistakes? Implement-Put the best solution into effect: Of your alternatives, which one do you think would work out best? Why? Review-Assess the effects of the solution: Based on Disney’s experience, what are the lessons the company should have learned about how to deal with diversity? Describe each.

Using the Excel file provided below as a starting point, or by creating your own Excel file, complete the following problem, and submit your assignment as an attachment here. Be sure to save your work before you submit, and present your work in a reasonable format with major answers highlighted. Because you have plenty of time to do this assignment, and given that the textbook is available for your use, this assignment should really be close to perfect. ***************************************Here is the problem:On January 2, 2016, Flake Company purchased a truck for $140,000 cash. That truck has an estimated useful life of seven years and an estimated salvage value of $12,000. The straight-line method of depreciation is being used.Required: A. Prepare a schedule showing the calculation of the book value of the truck on December 31, 2019. B. Assume the truck is to be disposed of on May 1, 2020. Prepare the journal entry to record the depreciation for the four months ended April 30, 2020. C. Assuming that the depreciation for 2020 has been brought up to date as in Part B above, prepare the journal entries to record the disposal of the truck on May 1, 2020, under each of the following unrelated assumptions: 1.The truck was sold for $42,000 cash. 2.The truck was sold for $92,000 cash. 3.The truck was retired from service, and it is expected $39,000 will be received from the sale of the salvaged materials. 4.The truck and $110,000 cash were exchanged for office equipment that had a cash price of $200,000. The exchange had commercial substance.5.The truck and $130,000 cash were exchanged for a new truck that had a cash price of $215,000. The exchange has no commercial substance. 6.The truck was completely destroyed in an accident. Cash of $49,000 is expected to be received from the insurance company. *****************************************Here is a very rough document that you might use to get you started on this assignment. Please feel free to modify it to the extent necessary to complete this assignment. In doing so, please change the name of the file to include your name before submitting it.