The Course Project consists of 10 Requirements for you to complete.
The Course Project consists of 10 Requirements for you to complete.
• There are eight worksheets in the workbook you will need to complete.
• A list of March transactions
• A Chart of Accounts reference sheet
Scenario:
You’ve just secured a new client in your accounting practice, Bethany’s Bicycle Corporation (BBC), a brand new small business specializing in bicycle repair. The owner, Bethany Beck, is a terrific cyclist and bike repair specialist, but definitely not an accountant. Your job is to helpBethany put his affairs in order. Luckily Bethany has only been in operation for a month and things have not gotten too out of hand yet! Bethany has to submit his financial statements to her investors and doesn’t know where to begin. It’s your job to go through the complete Accounting cycle to prepare the financial statements for the BBC.
Requirements:
| Prepare the Journal Entries in the General Journal |
| Post Journal Entries to the General Ledger |
| Prepare a Trial Balance |
| Prepare the Adjusting Entries |
| Post Adjusting Entries to the General Ledger |
| Prepare an Adjusted Trial Balance |
| Prepare the Financial Statements |
| Prepare the Closing Entries |
| Post Closing Entries to the General Ledger |
| Prepare the Post Closing Trial Balance |
ATTACHMENT PREVIEW Download attachmentRequirement12345678910
View the AnswerACCT 212: Course ProjeRequirement DescriptionPrepare the Journal Entries in the General JournalPost Journal Entries to the General LedgerPrepare a Trial BalancePrepare the Adjusting EntriesPost Adjusting Entries to the General LedgerPrepare an Adjusted Trial BalancePrepare the Financial StatementsPrepare the Closing EntriesPost Closing Entries to the General LedgerPrepare the Post Closing Trial Balance
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