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Davenport University: ACCT202 Project - Part I Company Background & Scenario The Davenport Docking Corporation is a well-established, publicly-held corporation, operating as a wholesaler in

Davenport University: ACCT202 Project - Part I Company Background & Scenario The Davenport Docking Corporation is a well-established, publicly-held corporation, operating as a wholesaler in the marine parts industry. Specifically, Davenport Docking purchases marine parts from manufacturers and sells them to large business customers. Most purchases and sales are on account, with trade credit terms specified in "Transactions" worksheet within this workbook. Youre a Davenport University student pursuing a bachelors degree in business and employed at the Davenport Docking Corporation this semester as an intern. Youve worked in various departments and on several projects so far, learning a lot about the companys business operations. Management seems impressed with your enthusiasm and the quality of your work. The companys accountant has just been called away for a family emergency and will likely be absent for a month or so. The General Manager asks you to take over the accountants regular duties on an interim basis. Youre nervous about doing so, but are confident that what youve learned in accounting class, get it done with me now...on pahchalp768@.....g...m...a....i...l...c...o...m...plus your personal problem-solving skills, will make this a successful experience. What a great learning opportunity, not to mention an enhancement to your resume! IMPORTANT: To complete part 1: 1. Read ALL instructions at the top of these tabs: Transactions, General Journal - ADJ, General Journal - CLOSING. 2. Enter journal entries from transactions tab into the general journals pages 1 - 6. The inventory control tab needs to be completed in order to enter certain journal entries 3. Enter adjusting entries in the general journal - ADJ tab 4. Enter 2 closing entries in the general journal closing tab using the trial balance - closing tab amounts.

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