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Deadline for submission: Dec 21, 2020, Monday, 23:59 Do NOT prepare a Copy-Paste assignment. Do NOT prepare the same numbers, same examples, or same thoughts
- Deadline for submission: Dec 21, 2020, Monday, 23:59
- Do NOT prepare a Copy-Paste assignment.
- Do NOT prepare the same numbers, same examples, or same thoughts for more than one student in assignments.
- The SA should be prepared with high quality by considering English grammar and good shape in structuring paper.
- There should be a cover page that will include;
- The name, department, and number of the student.
- The subject of the assignment
- The abstract (summary) of your accomplishment (by saying that what you did, what you reach, what you learn, etc.)
- If necessary, I will inform further considerations.
- The SAs subject:
There is a newly established SERVICE COMPANY as of Jan 01, 2015.
- You will assume that some capital from shareholders, and some loan from the creditors to be registered to the Journal
- During the month you will consider 15 more economic events (including 2 prepaid expenses, 1 accrued expense, 1 unearned revenues, 1 accrued revenue) to be registered to the Journal.
- The 15 entries will have samples from Lecture 1 to Lecture 7. (Lecture 8 and further is not included the SA).
- Post the above 17 entries (2 entries are according to article 1 and 15 entries are according to art 2) to the Ledger.
- At the end of January,
- Prepare Trial Balance
- Record Adjusting Entries
- Prepare Adjusted Trial Balance
- Prepare Income Statement
- Prepare Retained Earnings Statement
- Prepare Balance Sheet
- Prepare 6 Ratio Analysis by utilizing your Balance Sheet and Income Statement,
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