ACCT503 Week 4 Case Study Latest 2020

Question # 00608025
Course Code : ACCT503
Subject: Business
Due on: 01/31/2020
Posted On: 01/31/2020 07:11 AM
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CASE STUDY - THE COMPLETE ACCOUNTING CYCLE                                                                                                                                                                

This Case Study relates to TCOs E and F, and Chapters 2 and 3.                                                                                                                                                                           

MAKE SURE TO COMPLETE ALL REQUIREMENTS WHICH ARE LISTED BELOW.                                                                      

                                                                                         

There are 10 sheets in the Workbook, including this one.                                                                                            

All of the information that you need for the project is located in this Workbook.                                                                                                                                           

Requirements     Sheet in Workbook                                                                                                   

Requirement 1—Prepare the Journal Entries in the General Journal               Journal Entries                                                                                            

Requirement 2—Post Journal Entries to the General Ledger             General Ledger                                                                                           

Requirement 3—Prepare a Trial Balance  Trial Balance                                                                                                

Requirement 4—Prepare the Adjusting Entries       Adjusting Entries                                                                                                        

Requirement 5—Post Adjusting Entries to the General Ledger         General Ledger                                                                                           

Requirement 6—Prepare an Adjusted Trial Balance             Adjusted Trial Balance                                                                                              

Requirement 7—Prepare the Financial Statements              Financial Statements                                                                                                

Requirement 8—Prepare the Closing Entries          Closing Entries                                                                                            

Requirement 9—Post Closing Entries to the General Ledger             General Ledger                                                                                           

Requirement 10—Prepare the Post Closing Trial Balance   Post-Closing Trial Balance                                                                                                                                                                                                               

Hint for success: Review the Week 2 Lesson prior to starting this project.                                                                                                           

There are also hints contained within certain cells on some of the Worksheet tabs.                                                                                                                       

You can hover over the red pointer at the top right-hand corner of the cell to read the hint.                                                                                                                       

Hints are provided for the following balances:                                                                                                               

1) The debits for the journal entries are on the Journal Entries tab.                                                                                                                       

2) The credits for the journal entries are on the Journal Entries tab.                                                                                                                      

3) The cash balance is on the General Ledger tab.                                                                                                         

4) The debits for the trial balance are on the Trial Balance tab.                                                                                                               

5) The credits for the trial balance are on the Trial Balance tab.                                                                                                              

6) The debits for the adjusted trial balance are on the Adjusted Trial Balance tab.                                                                                                            

7) The credits for the adjusted trial balance are on the Adjusted Trial Balance tab.                                                                                                           

8) Net income for the income statement is on the Financial Statements tab.                                                                                                      

9) Retained earnings as of July 31 are on the Financial Statements tab.                                                                                                                

10) Total assets for the balance sheet are on the Financial Statements tab.                                                                                                                       

11) Total liabilities and shareholders' equity for the balance sheet are on the Financial Statements tab.                                                                                                                       

12) The debits for the post-closing trial balance are on the Post-Closing Trial Balance tab.                                                                                                           

13) The credits for the post-closing trial balance are on the Post-Closing Trial Balance tab.                                                                                                          

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ACCT503 Week 4 Case Study Latest 2020

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