Course Project Overview "The Course Project consists of 10 Requirements for you to complete.

There are eight worksheets in the workbook you will need to complete.

A list of July transactions

A Chart of Accounts reference sheet

Each worksheet has the Check Figures embedded as a comment.

" Scenario Youve just secured a new client in your accounting practice, Peter's Pool Corporation (PPC), a brand new small business specializing in pool service. The owner, Peter Peck, is a terrific swimmer and pool repair specialist, but definitely not an accountant. Your job is to help Peter put his affairs in order. Luckily, Peter has only been in operation for a month and things have not gotten too out of hand yet! Peter has to submit his financial statements to his investors and doesnt know where to begin. Its your job to go through the complete accounting cycle to prepare the financial statements for the PPC.

Requirements ACCT 212:

Course Project Requirement Requirement Description Worksheet Name

1 Prepare the Journal Entries in the General Journal 1 - Journal Entries

2 Post Journal Entries to the General Ledger 2 - General Ledger

3 Prepare a Trial Balance 3 - Trial Balance

4 Prepare the Adjusting Entries 4 &5 - Adjusting Entries

5 Post Adjusting Entries to the General Ledger 4 &5 -Adjusting Entries ( Use worksheet #2)

6 Prepare an Adjusted Trial Balance 6- Adjusted TB

7 Prepare the Financial Statements 7 - Financial Statements

8 Prepare the Closing Entries 8&9 - Closing Entries ( use worksheet #2)

9 Post Closing Entries to the General Ledger 8&9- General Ledger

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