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Specifically, you must address the following rubric criteria: Project One Workbook Correct all errors for the Journal Entries and Inventory tabs of the workbook. Highlight
Specifically, you must address the following rubric criteria:
Project One Workbook
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- Correct all errors for the Journal Entries and Inventory tabs of the workbook. Highlight corrections in green.
- Prepare the current assets and liabilities accounts accurately and completely on the Ledger Accountstab in the workbook.
- Prepare the current assets and liabilities components accurately and completely on the Income Statement and Balance Sheet tabs in the workbook.
Batter Up | |||||
Balance Sheet | |||||
As of December 31, 20XX | |||||
Assets | Liabilities and Owners' Equity | ||||
Current Assets: | Current Liabilities: | ||||
[Insert text] | [Insert value] | [Insert text] | [Insert value] | ||
[Insert text] | [Insert value] | [Insert text] | [Insert value] | ||
[Insert text] | [Insert value] | [Insert text] | [Insert value] | ||
[Insert text] | [Insert value] | ||||
[Insert text] | [Insert value] | Total Current Liabilities | $- | ||
Total Current Assets | $- | Long Term Liabilities: | |||
[Insert text] | [Insert value] | ||||
Total Long-Term Liabilities: | $- | ||||
Total Liabilities: | $- | ||||
Owner's Equity | |||||
Owner's Capital | $- | ||||
Non-Current Assets: | Net Income | [Insert value] | |||
Total Equity | $- | ||||
Total Non-Current/Fixed Assets | $- | ||||
Total Assets: | $- | Total Liabilities & Equity | $- |
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