This project is a continuation of Project 1, KTZFIG Consulting Inc. An additional 11 months have passed since Project 1 (we are now at June
This project is a continuation of Project 1, KTZFIG Consulting Inc. An additional 11 months have passed since Project 1 (we are now at June 30, 2019 the companys year end). The friends have expanded the shop to include sales of gidgits as well as the consulting services activities. The new company name is KTZFIG Consulting & Sales Inc. All transactions for the company through the end of the year have been posted to the accounts EXCEPT FOR those relating to the purchasing and sales of gidgits in June. You will be recording and posting those entries. Additionally, all adjustments have been made EXCEPT for those related to accounting for bad debts and any inventory and cost of goods sold issues. You will be adding that information. You will then be preparing the year end multi step income statement for the company.
File Home Insert Draw Page Layout Formulas Data R A9 XfSubmission 2 - due Monday Octob ACC 3010 Project 2 Version 1 Fall 2013 This project will be submitted in 3 parts. The submission dates and Required 5 parts to be completed for each submission are: Submission 1- due Monday Detober 15 before 5pm - You must submit your completed June Journal entries your completed Inventory Cards for all 3 Irivenitory costing methods, and the Worksheet complete through the Trial Balance and the Worksheet Formulas tab. Your file must be narned correctly- "Your name [first and last) Project 2 part 1. Failure to name your file correctly will result in a 1 poinit deduction Submission 2 -due Monday October 22 before 5prn You must submit your completed Bank Reconciliation, the journal entries to bring the cash balance to the correct balance, and the Bank Reconciliation formulas tab completed Your file must be named correctly - "Your name [first and last) Project 2 part 2. Failure to name your file s correctly will result in a 1 point deduction ssion 3 - due Monday Dctober 29 before 5pm- You must submit your Adiust and Adjusted Trial Balance Columns completed, and the Multistep Incone Statement Journal Entries, the worksheet with the adjustingjournal entries and Bank Reconciliation completed and the entire excel file must be submitted to the correct assignments link on the class Canvas site Your file must be named correctly - "Your name [first and last) Project 2 part 3 worksheet and the financial statements formulas tabs completed The Failure t o name your file correclly will result in a 1 point deduction 12 Because you will need to complete Part 1 to be able to complete Part 2 and complete Part 2 to complete Part 3 you may earn partial credit for a Part of the Proiect that you did NOT submit in a timely fashion when you submt the subsequent part of the project 14 For example, if you do not complete and submit Part 1 of the project by the due date you vwill lose the 9 points alloccated to that part of the project. If you complete that part of the project and submit it to the part 1 link before the final due date for the complele project, you can earn up to 85-150% of the possible ports. YOU MUST USE FORMULAS AND CELL REFERENCES TO BE CONSIDERED FOR FULL CREDIT ON THE PROJECT Femeriber you can email the Accounling Lab Accountinglab@wayne edu- for heip with the praject If you are also emailing your instructor for help please include beth on the same email so we don't reply twice Also, email help will not be guaranteed in a timelv enough fashion to guarantee time for correcbonis and submission for ernails received after 2pm on the project due 20 This project is a continuation of Project 1. KTZFIG Consulling inc. An addtional 1 months have passed since Project 1 [we are now at June 30, 2019 the company's vear end). The friends have exparded the shop to include sales of gidgits as well as the consulting services achivities. The new compary name is KT2FIG Consuling & Sales Inc All transactions for the serpary through the end of the vear have been posted to the accounts ESCEPT FOR those Purchase Sales information inv cards jes | worksheet bank Select destination and press ENTER or choose Paste O Type here to search File Home Insert Draw Page Layout Formulas Data R A9 XfSubmission 2 - due Monday Octob ACC 3010 Project 2 Version 1 Fall 2013 This project will be submitted in 3 parts. The submission dates and Required 5 parts to be completed for each submission are: Submission 1- due Monday Detober 15 before 5pm - You must submit your completed June Journal entries your completed Inventory Cards for all 3 Irivenitory costing methods, and the Worksheet complete through the Trial Balance and the Worksheet Formulas tab. Your file must be narned correctly- "Your name [first and last) Project 2 part 1. Failure to name your file correctly will result in a 1 poinit deduction Submission 2 -due Monday October 22 before 5prn You must submit your completed Bank Reconciliation, the journal entries to bring the cash balance to the correct balance, and the Bank Reconciliation formulas tab completed Your file must be named correctly - "Your name [first and last) Project 2 part 2. Failure to name your file s correctly will result in a 1 point deduction ssion 3 - due Monday Dctober 29 before 5pm- You must submit your Adiust and Adjusted Trial Balance Columns completed, and the Multistep Incone Statement Journal Entries, the worksheet with the adjustingjournal entries and Bank Reconciliation completed and the entire excel file must be submitted to the correct assignments link on the class Canvas site Your file must be named correctly - "Your name [first and last) Project 2 part 3 worksheet and the financial statements formulas tabs completed The Failure t o name your file correclly will result in a 1 point deduction 12 Because you will need to complete Part 1 to be able to complete Part 2 and complete Part 2 to complete Part 3 you may earn partial credit for a Part of the Proiect that you did NOT submit in a timely fashion when you submt the subsequent part of the project 14 For example, if you do not complete and submit Part 1 of the project by the due date you vwill lose the 9 points alloccated to that part of the project. If you complete that part of the project and submit it to the part 1 link before the final due date for the complele project, you can earn up to 85-150% of the possible ports. YOU MUST USE FORMULAS AND CELL REFERENCES TO BE CONSIDERED FOR FULL CREDIT ON THE PROJECT Femeriber you can email the Accounling Lab Accountinglab@wayne edu- for heip with the praject If you are also emailing your instructor for help please include beth on the same email so we don't reply twice Also, email help will not be guaranteed in a timelv enough fashion to guarantee time for correcbonis and submission for ernails received after 2pm on the project due 20 This project is a continuation of Project 1. KTZFIG Consulling inc. An addtional 1 months have passed since Project 1 [we are now at June 30, 2019 the company's vear end). The friends have exparded the shop to include sales of gidgits as well as the consulting services achivities. The new compary name is KT2FIG Consuling & Sales Inc All transactions for the serpary through the end of the vear have been posted to the accounts ESCEPT FOR those Purchase Sales information inv cards jes | worksheet bank Select destination and press ENTER or choose Paste O Type here to searchStep by Step Solution
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