Hello students,

I declare the submission process of the Semester Assignment (SA).

1. Deadline for submission: Dec 21, 2020, Monday, 23:59

2. Do NOT prepare a Copy-Paste assignment.
3. Do NOT prepare the same numbers, same examples, or same thoughts for more than one student in assignments.
4. The SA should be prepared with high quality by considering English grammar and good shape in structuring paper.
5. 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.)

6. If necessary, I will inform further considerations.

7. The SAs subject:

There is a newly established SERVICE COMPANY as of Jan 01, 2015.

1. You will assume that some capital from shareholders, and some loan from the creditors to be registered to the Journal
2. 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.
3. The 15 entries will have samples from Lecture 1 to Lecture 7. (Lecture 8 and further is not included the SA).
4. Post the above 17 entries (2 entries are according to article 1 and 15 entries are according to art 2) to the Ledger.
5. At the end of January,

1. Prepare Trial Balance
2. Record Adjusting Entries
3. Prepare Adjusted Trial Balance

6. Prepare Income Statement
7. Prepare Retained Earnings Statement
8. Prepare Balance Sheet
9. Prepare 6 Ratio Analysis by utilizing your Balance Sheet and Income Statement,