ACC 545 Week 3 Assignment: ABC Company History and ABC Financial Data Excel® Spreadsheet
Resource: ABC Company History and ABC Financial Data Excel® spreadsheet, and the values from the Week 2 Individual Assignment
Prepare a statement of Retained Earnings and Comprehensive Income using the values from Week 2.
- Apply error corrections to the retained earnings statement.
- Calculate foreign currency translation.
- Apply hedging or derivative transaction into statement.
Prepare a Statement of Owner's Equity, referring to the balance sheet results as well as the statements prepared for the Week 2 Individual Assignment.
Submit the Statement of Retained Earnings in a Microsoft® Excel® spreadsheet and the Statement of Owner's Equity and Comprehensive Income.
The following should be on your excel sheet to properly respond to the above questions:
With the general data provided the following Financial Statements for ABC Company: | ||
· Statement of Retained Earnings |
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· Statement of Owners Equity |
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· Apply error corrections to appropriate statement |
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· Calculate foreign currency translation and apply to appropriate statement | ||
· Apply Hedging/Derivative transaction to appropriate statement
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11 years ago
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