Accounting Problems in Excel
Prince29Assignment 4: Excel Problems
At the end of each module, you will apply the module’s concepts by completing a comprehensive assignment from the textbook.
Complete these problems from your text book: (P1-44B page 47 & P2-46B page 111) related to transaction analysis, journal entries for typical business transactions, adjusting entries and preparation of the trial balance and adjusted trial balance.
Present your analysis of the assigned problems in Excel format. Enter non-numerical responses in the same worksheet using textboxes.
By Wednesday, February 17, 2016 deliver your assignment to the M1: Assignment 4 Dropbox.
Create the file with the following name: LastnameFirstInitial_M1A4.Excel.xls. .
| Assignment 4 Grading Criteria | Maximum Points |
| P1-44B: | |
| Prepared income statement | 7 |
| Prepared statement of retained earnings | 7 |
| Prepared balance sheet | 7 |
| P2-46B: | |
| Journalized each transaction | 8 |
| Posted transactions to T accounts | 8 |
| Prepared trial balance | 8 |
| Accuracy and timeliness | 5 |
| Total: | 50 |
Assignment 3: Excel Problems
At the end of each module, you will apply the module’s concepts by completing comprehensive assignments from the textbook.
Complete problems P3-43 (p. 185) and P4-38 (p. 252) in your text book.
Present your analysis of the assigned problems in Excel format. Enter non-numerical responses in the same worksheet using textboxes.
By Wednesday, February 24, 2016 deliver your assignment to the M2: Assignment 3 Dropbox.
Create the file with the following name: LastnameFirstInitial_M2A3.Excel.xls.
| Assignment 3 Grading Criteria | Maximum Points |
| P3-43: | |
| Open addition T accounts | 3 |
| Journalize transactions December 21-30 | 4 |
| Post to T-accounts | 2 |
| Prepare trial balance | 5 |
| Adjusting entries made in adjustments column | 3 |
| Journalize and post adjusting entries and denoted adjusting amounts | 4 |
| Prepare income statement and retained earnings | 5 |
| P4-38: | |
| Complete accounting worksheet at 12/31 | 6 |
| Journalize and post closing entries at 12/31 | 6 |
| Prepare classified balance sheet | 7 |
| Accuracy and timeliness | 5 |
| Total: | 50 |
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