Please help with the following:

ACC 309 Milestone One Guidelines and Rubric

Overview: For Milestone One, which is due in Module Three, you will develop a portion of the workbook and a brief memo to management explaining the impacts to stockholder equity and the impact of tax structures. You will build on this milestone in subsequent modules to create the balance sheet and executive summary portions of your final project.

Prompt: First, review the Final Project Scenario document. Using your review of the scenario, begin your balance sheet and discuss the impacts in your management brief, including impacts on stockholder equity and impacts based on changes to tax structure.

Note: Milestone One is a draft of some of the critical elements of the final project. Specifically, the following critical elements must be addressed:

I. Workbook A. Prepare adjusting entries for unrealized loss and tax issues.

II. Management Brief

1. Identify sources of other comprehensive income not included in net income.

2. Explain rationale for the inclusion as comprehensive income (as opposed to net income) of nondisclosure within notes.

3. Evaluate impacts of company goals and finances for their implications on stockholder equity, using financial information to support claims.

4. Evaluate impacts of company goals and finances for their implications on retained earnings per share, using financial information to support

   claims.

5. Explain the impact of issuing preferred stock or debt for determining changes to equity structures.

6. Assess the impact of changes to current tax structure for articulating changes relevant to the company.

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Tools Data Window Help * D Thu 3:40 PM a Excel File Edit View insert Format AutoSaver O AESU 0 ACC 309 Final Project Student Workbook Q Arial 12 AA = Wrap Text Accounting 12 Acco A TES 17.0 27 Icon X Cut la Copy Format 9. RE Clear Paste A A Cerita $% Insert Commal Delete Merge Center Farma Sensitivity Condicional Format Formatting Table Sart Filar Find Select Analyze Data H56 H ! 1 V w Y 2 M M HOME Adjusting entries DY CA OP Cash Merable Securities Accounts Recewable Baking Supplies Merchandise meory Prepaid Rent Preseid Insurance Miss Supplies Land 3 F PEYTON APPROVED TRIAL BALANCE As of December 1, 2017 D CH 1,488,909.34 5,500,000.00 7,092,495.28 1,505,000.52 198 1528 71.877.07 10720414 17,547 42 250,000.00 1.250,000.00 2,254,140.00 1D 1.488 999 34 5 500 000.00 7092 416 86 1 606 52 12.15263 71.87707 207 834.14 17 64442 250 000 00 1 250 000 00 2 254 140.00 Rating Eeupma 323,282.00 328 26200 Accumuwed Detection Puent ac Wages Payable Ae 1.555.212.85 250,203.31 21.05.22 1,000,000.00 1,042, 11.10 Interest Payable Current Portion of Bonds Payable Income Taxes Current Payable Accrued Pension Liber Accrued Employees Health Insrance 1.556 212 05 250 209 21 21.88822 1 000 000 00 1 1 042 118.16 1223888ASRARARREHR**** 4 000 000 00 500 000.00 1.750 000 00 2 213.122.59 2 Dilando Freterred 50 000.00 5250 000.00 Bakere common 33 881157.15 124 796.80 a Deferred Tax Liably Bonds Payable 4,000,000.00 Preferred Stock 500,000.00 Common Sock 1,750,000.00 Beginning Recained cerings 2,213, 122.59 Dividends- Preferred 50,000.00 5,250,000.00 Sales 33,8 1,157.15 Merchandise Sales 124,795.00 Cost of Goods Sold Baked Coto 10.664.907.30 best Cost of Goods Sod. Nercha 89.904.70 Rent Expense 1,578,731.96 Wages Expense 2,804,520.22 Miss Supplies Expense 263.224.56 Repairs and Maintenance 47.363.06 211.75746 Business License Expense Nbsexporn Bxpense 141,171.06 Depreciation Expense 634.520.00 Insurance Expanse 112.987.00 Advertising Expense 160.413.40 Interest Expense 484,703.27 Telephone Expense 50,821.34 Pension Expense Retired Employees Heins. Patent Amortization Unreakzed GainLo6S) on Marketable Securities Held for Sale Income Taxes 4,168,472.62 10 954 907 35 88.99479 1576.731 95 2.00452623 263 224 55 47.35305 211757 AS 211.757 65 141.17108 634 520 00 112 937 00 160.413 43 484 709 27 50821 34 4.16847202 45.601.780.08 45,665,780.00 46.666.780.00 46 04678008 00 10 milestone 1 1 milestone 1 Instructions Instructions. Milestone 1 1 Trial Balance 2017 Instructions -Milestone 2 Milestone 2 calculations Instructions final Prel Balance Sheet 2017 2 Prel Income Statement 2017 Prel Retained Earnings 2017 IS 2017 Revised Rei + 010 - + 38% Ready Tools Data Window Help * D Thu 3:40 PM a Excel File Edit View insert Format AutoSaver O AESU 0 ACC 309 Final Project Student Workbook Q Arial 12 AA = Wrap Text Accounting 12 Acco A TES 17.0 27 Icon X Cut la Copy Format 9. RE Clear Paste A A Cerita $% Insert Commal Delete Merge Center Farma Sensitivity Condicional Format Formatting Table Sart Filar Find Select Analyze Data H56 H ! 1 V w Y 2 M M HOME Adjusting entries DY CA OP Cash Merable Securities Accounts Recewable Baking Supplies Merchandise meory Prepaid Rent Preseid Insurance Miss Supplies Land 3 F PEYTON APPROVED TRIAL BALANCE As of December 1, 2017 D CH 1,488,909.34 5,500,000.00 7,092,495.28 1,505,000.52 198 1528 71.877.07 10720414 17,547 42 250,000.00 1.250,000.00 2,254,140.00 1D 1.488 999 34 5 500 000.00 7092 416 86 1 606 52 12.15263 71.87707 207 834.14 17 64442 250 000 00 1 250 000 00 2 254 140.00 Rating Eeupma 323,282.00 328 26200 Accumuwed Detection Puent ac Wages Payable Ae 1.555.212.85 250,203.31 21.05.22 1,000,000.00 1,042, 11.10 Interest Payable Current Portion of Bonds Payable Income Taxes Current Payable Accrued Pension Liber Accrued Employees Health Insrance 1.556 212 05 250 209 21 21.88822 1 000 000 00 1 1 042 118.16 1223888ASRARARREHR**** 4 000 000 00 500 000.00 1.750 000 00 2 213.122.59 2 Dilando Freterred 50 000.00 5250 000.00 Bakere common 33 881157.15 124 796.80 a Deferred Tax Liably Bonds Payable 4,000,000.00 Preferred Stock 500,000.00 Common Sock 1,750,000.00 Beginning Recained cerings 2,213, 122.59 Dividends- Preferred 50,000.00 5,250,000.00 Sales 33,8 1,157.15 Merchandise Sales 124,795.00 Cost of Goods Sold Baked Coto 10.664.907.30 best Cost of Goods Sod. Nercha 89.904.70 Rent Expense 1,578,731.96 Wages Expense 2,804,520.22 Miss Supplies Expense 263.224.56 Repairs and Maintenance 47.363.06 211.75746 Business License Expense Nbsexporn Bxpense 141,171.06 Depreciation Expense 634.520.00 Insurance Expanse 112.987.00 Advertising Expense 160.413.40 Interest Expense 484,703.27 Telephone Expense 50,821.34 Pension Expense Retired Employees Heins. Patent Amortization Unreakzed GainLo6S) on Marketable Securities Held for Sale Income Taxes 4,168,472.62 10 954 907 35 88.99479 1576.731 95 2.00452623 263 224 55 47.35305 211757 AS 211.757 65 141.17108 634 520 00 112 937 00 160.413 43 484 709 27 50821 34 4.16847202 45.601.780.08 45,665,780.00 46.666.780.00 46 04678008 00 10 milestone 1 1 milestone 1 Instructions Instructions. Milestone 1 1 Trial Balance 2017 Instructions -Milestone 2 Milestone 2 calculations Instructions final Prel Balance Sheet 2017 2 Prel Income Statement 2017 Prel Retained Earnings 2017 IS 2017 Revised Rei + 010 - + 38% Ready