There is a spread sheet with the informattion and then there are problems to solve. The instructor wants us to basically find the errors, I guess. I don't know I am so lost on all of this. Can someone give me some examples or maybe walk me through on how to do these entries. I don't want the answers but I know that if someone could walk me through, showing me how it has to be done, I can learn more than just trying to read the material. I am a more hands on learner.

This is impossible to help you with. We can't see what is in front of you, and what you are asking is too big and general and basic.
Ask a classmate or tell the teacher that you have no idea where to start.