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fundamentals of accounting Select any company of your choice to complete this project. Each student is advised to submit a complete accounting cycle for 25

fundamentals of accounting

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Select any company of your choice to complete this project. Each student is advised to submit a complete accounting cycle for 25 transactions (detailed as following). * 10 business transactions related to revenues and expenses. ' l0 business transactions related to assets and liabilities (including deferral entries to record adjusting entry at later stage) ' 5 business transactions as adjusting entries requiring adjustment aer unadjusted trail balance. Make sure you are not repeating journal entries (Use at least 12 different account titles in journal entries like cash, receivable. common stock, depreciation exp etc). Requirements: 1. Introduction of the company (max 2 paragraphs). 2. Type of company business (Services, Manufacturing and Merchandising) 3. Transactions 4. Journal 5. Ledger 6. Trial Balance 7. Adjustments 3. Adjusted Trial balance 9. Financial Statements (Income Statement. Statement of changes in RE and balance Sheet) I0. Notes I]. Closing Entries l2. Alter Closing Trial balance 13. Just nd in the annual report and write either the company is using perpetual inventory system or periodic inventory system

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