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11/30/2015IntroductionOverview and Guidelines

Introduction

This course has a Course Project due at the end of Week 6. The Course Project reinforces the basic principles of accounting and application of the accounting information system.Overview and Guidelines

The Course Project has 10 requirements for you to complete. The Course Project is due at the end of Week 6. See Syllabus/”Due Dates for Assignments & Exams” for due date information.

The Course Project template has all of the information you will need to complete the project. The template also includes:

• Detailed Project Instructions (with requirements)
• A reference list of October transactions
• A Chart of Accounts reference sheet
• A Grading Rubric to help explain what is expected.
• Each worksheet has the Check Figures embedded as a comment.

Download the Excel template named ACCT212_CourseProject located on the Doc Sharing tab in the course shell.

To complete the Course Project (due at the end of Week 6):

• Complete Requirements 1-10 on the worksheets.
• Type your work directly into the worksheets.
• Save your workbook as “CourseProject_ ACCT212_YourLastName”.

 ATTACHMENT PREVIEW Download attachmentACCT 212: Course Project 1RequirementRequirement DescriptionWorksheetPart A1Prepare the Journal Entries in the General Journal2Post Journal Entries to the General Ledger3Prepare a Trial BalancePart B4Prepare the Adjusting Entries5Post Adjusting Entries to the General Ledger6Prepare an Adjusted Trial Balance7Prepare the Financial Statements8Prepare the Closing Entries9Post Closing Entries to the General Ledger10Prepare the Post Closing Trial BalanceJournal EntriesGeneral LedgerTrial BalanceAdjusting EntriesGeneral LedgerAdjusted TBFinancial StatementsClosing EntriesGeneral LedgerPost Closing TBClick on the worksheetlink to complete thecorrespondingRequirement or theProject Instructionsbutton below for anoverview.Project InstructionsProject Instructions

View the AnswerCourse Project #1 OverviewScenarioRequirementsGuidelinesThe Course Project consists of 10 Requirements for you to complete. The Course Project is due at the end ofWeek6. See the Syllabus section ”Due Dates for Assignments & Exams” for due date information. All of the informationyou need to complete the Course Project is located in this Workbook.• There are eight worksheets in the workbook you will need to complete.• A list of October transactions• A Chart of Accounts reference sheet• A Grading Rubric to help explain what is expected.• Each worksheet has the Check Figures embedded as a comment.You’ve just secured a new client in your accounting practice, the Rawls Repair Corporation (RRC), a brand newsmall business specializing in bicycle repair. The owner, Rob Rawls, is a terri±c cyclist and bike repair specialist, butde±nitely not an accountant. Your job is to help Rob put his a²airs in order. Luckily Rob has only been in operationfor a month and things have not gotten too out of hand yet! Rob has to submit his ±nancial statements to hisinvestors and doesn’t know where to begin. It’s your job to go through the complete Accounting cycle to preparethe ±nancial statements for the RRC.Use the embedded assistance in the template, guidance in your textbook, and examples in the weekly lectures tocomplete this project.Should you have any questions contact your professor.Before You Begin:Reviewthe Week 2 Lecture prior tostarting work on this project.Printthe Chart of Accounts andOctober Transactions worksheets foryour reference.You will need to referto both throughout the project.Reviewthe Grading Criteria.SAVEyour work frequently in thisworkbook.

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