Accounting Intro

Target(s): Naming Account Categories and Learning the Accounting Equation

Main Targets:
  1. Using the Accounting Equation
  2. Defining Assets: What you Own
  3. Defining Liabilities: What you Owe (like on a Credit Card)
  4. Defining Owner's Equity: What you are worth
  5. Using a simple spreadsheet
  6. Creating simple transactions

Accounting Categories

Accounting Equation Assignments

Accounting Equations Assignments Continued

Accounting Chapter 1

Target(s): Basic Transactions and Accounts--Service Business

Main Targets:
  1. Using the Accounting Equation: Assets= Liabilities + Owner's Equity
  2. Defining Assets: What you Own
  3. Defining Liabilities: What you Owe (like on a Credit Card)
  4. Defining Owner's Equity: What you are worth
  5. Using Accounts and Transaction Lists
  6. Using Excel to Create Sum Totals

Assignments for Accounting Unit 1

Assignment # Assignment Name Link(s)
1. Java Junkies CH 1 Assignment 1--Java Junkies and Transaction List
2. Accounting Chapter 1 Assignment 2—UHS Store Accounting Chapter 1 Assignment 2and Transaction List
3. Accounting Chapter 1 Assignment 3 Viking (Summative) Accounting Chapter 1 Assignment 3and Transaction List
4. Accounting Chapter 1 Assignment 4 Review Assignment and Transaction List
4. Accounting Chapter 1 Assignment 5

You will send me an e-mail or print out the assignment details: You will:

  1. Define what a Service-type business is
  2. Give me a list of 10 service type business
3. Accounting Chapter 1 Assignment 5 (Summative)

Summative -- Mr. Gebers has the transation Lists

_____________________________________________________________________________

Accounting Chapter 2

Target(s): Basic Transactions and Accounts--Service Business--Next Journal

Main Targets:
  1. Using the Accounting Equation: Assets= Liabilities + Owner's Equity
  2. Defining Assets: What you Own
  3. Defining Liabilities: What you Owe (like on a Credit Card)
  4. Defining Owner's Equity: What you are worth
  5. Using Accounts and Transaction Lists
  6. Using Excel to Create Sum Totals

Assignments for Accounting Unit 2

Assignment # Assignment Name Link(s)
1. Chapter 2 Assignment 1 Pages 1 & 2 ***Accounting Chapter 2 Assignment 2 Pages 1 and 2 and Transaction Lists
2. Accounting Chapter 2 Assignment 2—Page 3 ***Accounting Chapter 1 Assignment 5 Page 3 and Transaction List fopr Page 3
3. Accounting Chapter 2 Assignment 3 -- Viking (Summative) ***Accounting Chapter 1 Summative Assignment 4 and Transaction List
4.

Friday Assignment September 11th

After reading about what a service type business is and the different types of service business are, answer the following question.

If I loaned you $200,000 dollars to start a service type business, what type of business would you start and why?

Must be at least 75 words for a C, 100 for a B, and 125 for an A.

Accounting Chapter 3

Target: Learning Debits and Credits

Main Targets:
  1. Using the Accounting Equation: Assets= Liabilities + Owner's Equity
  2. Defining Assets: What you Own
  3. Defining Liabilities: What you Owe (like on a Credit Card)
  4. Defining Owner's Equity: What you are worth
  5. Using Debits and Credits to create Transactions
  6. How to Set up Debits and Credits with different Types of Accounts
    • Assets: Debits Increase-Credits Decrease the Account
    • Liabilities: Credits Increase-Debits Decrease the Account
    • Owner's Equity: Credits Increase-Debits Decrease the Account
    • (expenses and Drawing go Debits Increase-Credits Decrease because they are contra O.E. Accounts)

Assignments for Accounting Unit 3

Assignment # Assignment Name Link(s)
1. Chapter 3 Assignment 1--Java Accounting Chapter 3 Assignment 1 Spreadsheet and Transactions List
2. Accounting Chapter 3 Assignment 2—Viking Bait Print out Transactions List

1st Assignment Spreadsheet--Viking Bait and Tackle
3. Accounting Chapter 3 Assignment 3 -- Valhalla (Summative) Accounting Chapter 2 Valhalla Transaction List Accounting Chapter 3 Assignment Spreadsheet--Valhalla
4. Accounting Chapter 3 Assignment 4 (Summative) Summative Chapter 2 September 21st Accounting Chapter 2 Monday Assignment Transaction List--Get From Mr. Gebers on Monday Accounting Chapter 3 Summative Spreadsheet

Accounting Chapter 4

Targets: Learning To use a Multi-Column Journal

Main Targets:
  1. Using the Accounting Equation: Assets= Liabilities + Owner's Equity
  2. How to use a Multi Column Journal to record Transactions
  3. Using Excel to Create Sum Totals
  4. Work with Formulas

Assignments for Accounting Unit 4

Assignment # Assignment Name Link(s)
1. Chapter 4 Assignment 1--Java Accounting Chapter 4 Assignment 1 Spreadsheet and and the Transaction List
2. Chapter 4 Assignment 2--Valhalla Accounting Chapter 4 Assignment 2 Spreadsheet (Valhalla Clothing) and Transaction List for Valhalla Clothing
3. Chapter 4 Assignment 3 -- Java Junkies 3 Accounting Chapter 4 Assignment 3 Spreadsheet (Java Junkies 3) and Transaction List
4. Chapter 4 Assignment 4—JnK Soda Accounting Chapter 4 Assignment 4 Spreadsheet (JnK Soda) (Summative) and Transaction List
5. Chapter 4 Assignment 5—JnK Cookies

Accounting Chapter 4 Assignment 5 Spreadsheet (JnK Cookies) (Summative)

Accounting Chapter 5

Main Targets: Learning how to use Ledger Accounts

Main Targets:
  1. Using Ledgers
  2. Posting from a Journal to an Individual Ledger
  3. Maintaining a General Ledger:
    • Making Each Ledger has correct dates and transactions
    • Each Ledger has a correct Balance, which can be checked
    • How to set up New Ledgers and making sure the correct balance is associated with each ledger
    • Assets: Debits Balance
    • Liabilities: Credit Balance
    • Owner's Equity: Credit Balance
    • (expenses and Drawing go Debits Debit balance because they are contra O.E. Accounts)
    Completing the Post Reference in the Journal

Assignments for Accounting Unit 5

Assignment # Assignment Name Link(s)
1. Chapter 5 Assignment 1—Java Ledgers Accounting Chapter 5 Assignment 1 Java Junkies Ledgers
2. Chapter 5 Assignment 2—Viking Dinner Ledgers Accounting Chapter 5 Assignment 2 Viking Dinner Ledgers
3. Chapter 5 Assignment 3 -- Valhalla Ledgers Accounting Chapter 5 Assignment 3 Valhalla Clothing Ledgers
4. Chapter 5 Assignment 4—UHS Lunch Ledgers Accounting Chapter 5 Assignment 4 UHS Lunch Ledgers
5. Chapter 5 Assignment 5—Umatilla Taco’s Accounting Chapter 5 Assignment 5 Umatilla Taco's Ledgers
6. Chapter 5 Assignment 6—Hawaiian Snacks (Summative) Accounting Chapter 6 Assignment 6 Hawaiian Style Snacks Ledgers
7. Chapter 5 Assignment 7—JnK Cookies (Summative) Accounting Chapter 5 Assignment Summative JnK Cookies Ledgers
8. Chapter 5 Assignment 8—Calculate Ledgers 1st Assignment for Calc Ledgers
9. Chapter 5 Assignment 9—Calculate Ledgers 2 2nd Assignment for Ledgers
10. Chapter 5 Assignment 10—Hawaiian Snacks Calc Ledgers Assignment for Ledgers Snacks
11. Chapter 5 Assignment 11 – Calc Ledgers 3 (Summative) Ledgers Assignment 3 Calulations
12. Chapter 5 Assignment 12 – Calc Ledgers Taco (Summative) Ledgers Summative
13. Chapter 5 Assignment 13 – October ?'s

Friday Assignment

Accounting Chapter 6

Main Targets: Learning how to Finish a Bank Reconciliation

Main Targets:
  1. Using a Bank Reconciliation Form
  2. Checking our Statements against the Banks
  3. Maintaining a correct Cash Ledger

Assignments for Accounting Unit 6

Assignment # Assignment Name Link(s)
1. Chapter 6 Assignment 1—Bank Rec #1 Bank Reconciliation #1
2. Chapter 6 Assignment 2—Viking Dinner Ledgers 2nd Bank Reconciliation

Accounting Ch. 7--Working with Worksheet's and Ledgers

Main Target: How to Complete a Worksheet

Main Targets:
  1. Using a Worksheet to set up for Income Statements and Balance Sheets
  2. How to add adjusting entries
  3. Figuring out the Net Income
  4. Completing a Correct Worksheet

Assignments for Accounting Unit 7

Assignment # Assignment Name Link(s)
1. Chapter 7 Assignment 1— WS October Worksheet for October
2. Chapter 7 Assignment 2— WS November Worksheet for November
3. Chapter 7 Assignment 3 -- Viking Lunch Worksheet using Ledgers
4. Chapter 7 Assignment 4—September Summative Worksheet for September Summative

5. Chapter 7 Assignment 5—Umatilla Taco’s Accounting Chapter 4 Assignment 5 Umatilla Taco's Ledgers
6. Chapter 7 Assignment 6—Summative October 2 Worksheet for October 2
7. Chapter 7 Assignment 7—Summative Bank Rec 3 Summative Bank Reconciliation

Accounting Ch. 8--Combining Worksheet's, Journals and Ledgers

Main Target: Completing a Worksheet, Journal, and Ledgers

Main Targets:
  1. Using a Worksheet, and Journal and Ledgers in the Accounting cycle
  2. How to add adjusting entries
  3. Figuring out the Net Income
  4. Completing a Correct Worksheet

Assignments for Accounting Unit 8

Assignment # Assignment Name Link(s)
1. Chapter 8 Assignment 1— Bait and Tackle

Umatilla Bait and Tackle Worksheet, Journal and Ledgers

Umatilla Bait and Tackle Journal Entries

2. Chapter 8 Assignment 2— (Summative) Hawaiian Style Cookies Transactions for Journal--Hawaiian Cookies

Journal, Ledgers, and Worksheet For Hawaiian Cookies

3. Chapter 8 Assignment 3 -- Summative 2 Bait and Tackle

Umatilla Bait and Tackle Worksheet, Journal and Ledgers

Umatilla Bait and Tackle Journal Entries




More Halloween Comments
______________________________________________

Income Statement & Balance Sheet

Main Target: How to Complete an Income Statement and Balance Sheet

Main Targets:
  1. Using a Worksheet to set up for Income Statements and Balance Sheets
  2. How to finish the Income Statement from the Worksheet
  3. Figuring out the Net Income
  4. Completing a correct Balance Sheet with the new Capital amount (Beginning Capital (-) Minus Drawing (+) Plus Net Income)

Assignments Accounting Chapter 9 Income Statements and Balance Sheet

Assignment # Assignment Name Link(s)
1. Accounting Chapter 9 — Income Statement and Balance Sheet – Taco

Umatilla Taco Worksheet

2. Accounting Chapter 9 — Income Statement and Balance Sheet – Viking Eats

Viking Eats Worksheet

_
3. Accounting Chapter 9 -- Income Statement and Balance Sheet – Viking Cafe Viking Cafe Worksheet--3rd Assignment

4. Accounting Chapter 9 -- Income Statement and Balance Sheet – Maui Cookies 4th Maui Cookies Worksheet
5. Accounting Chapter 9 -- Income Statement and Balance Sheet – Summative Hawaiian Style 5th Hawaiian Style Snack Shop Worksheet
6. Accounting Chapter 9 -- Income Statement and Balance Sheet – Summative Taco 2 Taco 2 Worksheet

____________________________________________________________

Winter Wonderland December Assignment

Main Targets:

  1. Complete the accounting cycle
    • Journalize Transactions to a Journal
    • Post Transactions to Ledgers
    • Create a Worksheet
    • Prepare an Income Statement and Balance Sheet
    • Complete the Adjusting and Closing Entries
    • How to add adjusting entries

The Winter Wonderland Journal and Ledgers

Wednesday or Thursday November 18th

Assignment--List of Transactions Page 1

Part 2: Post the Journal to the Ledgers

Copy of Correct 1st Page

Monday and Tuesday before Thanksgiving Journalize and Post the 2 Pages of Journal Transactions

Wednesday Assignment--List of Transactions Page 2

___________________________________________________________

Week 2 Transactions

Monday November 30th Assignment--List of Transactions Page 3

Tuesday Post the Journal to the Ledgers

Wednesday Assignment--List of Transactions Page 4

___________________________________________________________

Week 3 Financial Statements December 1st

Worksheet--Income Statement--Balance Sheet

Worksheet, Balance Sheet, Income Statement & and Adjusting Entries

All Due by Deecember 4th

Winter Wonderland Journal Answers page 2

Winter Wonderland Journal Answers page 3

Copy of Journals and Ledgers

Answers for Journals and Ledgers

Intro to the Purchase Journal

Target(s): Posting Transactions using a Purchase Journal

Main Targets:
  1. Using the Purchase Journal
  2. Recording Transactions using a Purchase Journal for Purchases
  3. Posing the Transactions to the AP Ledgers
  4. Recording Merchandising information to a Purchase Account
This section will show you how to use and post the purchase of Merchandise to a Purchase Journal.

Assignments Accounting Chapter 10 Purchase Journal

Assignment # Assignment Name Link(s)
1. Purchase Journal #1

Purchase Journals and Ledgers and Transactions List

2. Purchase Journal #2 Purchase Journals and Ledgers #2and Transactions List

3. Purchase Journal #3 Purchase Journals and Ledgers #3 and Transactions List

4. Purchase Journal Summative Purchase Journals and Ledgers For the Summative and Transactions List

Intro to the Cash Payments Journal

Target(s): Posting Transactions using a Cash Payments Journal

Main Targets:
  1. Using the Cash Payments Journal
  2. Recording Transactions using a Cash Payments Journal for Purchases
  3. Posing the Transactions to the Ledgers
  4. Check totals and make sure numbers are correct
  5. Assignments Accounting Chapter 11 Cash Payments Journal

    Assignment # Assignment Name Link(s)
    1. Cash Payment Journal & Ledgers-1

    Cash Payment Journal & Ledgers-1 and Transactions List

    2. Cash Payment Journal & Ledgers-2

    Cash Payment Journal & Ledgers--2 and Transactions List

    _
    3. Cash Payment Journal & Ledgers-3 Summative Payment Journal & Ledgers 3 and Transactions List

Posting to Both the Purchases & Cash Payments Journal

Target(s): Posting Transactions using a Cash Payments & Purchases Journals

Main Targets:
  1. Using two Journals to record transitions
  2. Posing the Transactions to the Ledgers
  3. Check totals and make sure numbers are correct

Assignments Accounting Chapter 12 Cash Payments & Purchase Journals

Assignment # Assignment Name Link(s)
1. Cash Payment Journal, Purchase Journal, & Ledgers-1

< Purchases & Cash Payments Journal & Ledgers--1 and Transactions List

2. Cash Payment Journal, Purchase Journal & Ledgers-2 Summative

Purchases & Cash Payments Journal & Ledgers and grab Transaction List from Mr. Gebers

Sales Journal Intros

Intro to the Sales Journal

Target(s): Posting Transactions using a Sales Journal

Main Targets:
  1. Using the Sales Journal
  2. Recording Transactions using a Sales Journal for Sales
  3. Create a formula for sales tax
  4. Posing the Transactions to the Ledgers
  5. Check totals and make sure numbers are correct

Week of Jan 11th

Assignments Accounting Chapter 13 Sales Journals

Assignment # Assignment Name Link(s)
1. Sales Journal-1 Sales Journal & Ledgers 1and Transaction List

2. Sales Journal-2

Sales Journal & Ledgers for 2 and Transaction List

3. Sales Journal-3 Sales Journal 3/a>and Transaction List
4. Sales Journal-4 Summative Sales Journal & Ledgers 4 Summative and Transaction List
5. Cash Payment - 3 Summative Cash Payment Journal & Ledgers Test Please get handout from Mr. Gebers
6. Cash Payment and Purchase Journal Summative 2

Purchases & Cash Payments Journal & Ledgers test Please get handout from Mr. Gebers

Intro to the Cash Receipts Journal

Target(s): Posting Transactions using a Cash Receipts Journal

Main Targets:
  1. Using the Cash Receipts Journal for Sales
  2. Posing the Transactions to the Ledgers
  3. Check totals and make sure numbers are correct

Assignments Accounting Chapter 14 Cash Receipts Journals

Assignment # Assignment Name Link(s)
1. Cash Receipts Journal-1 Cash Rec. Journal & Ledgers 1 and Transaction List
2. Cash Receipts Journal-2 Cash Rec. Journal & Ledgers 2and Transaction List for Tuesday
3. Cash Receipts Journal-3 Cash Rec. Journal & Ledgers 3and Transaction List for Wed. or Thurs
4. Cash Receipts Journal-4 Summative Cash Rec. Journal & Ledgers Summative A Transaction List for Summative Wed. or Thurs, get From Mr. Gebers on that day
5. Cash Receipts Journal-5 Summative Cash Rec. Journal & Ledgers February Summative Band Transaction List for Friday
________________________________________________

Assignments Accounting Chapter 15 Cash Receipts & Sales Journals

Assignment # Assignment Name Link(s)
1. Cash Receipts & Sales Journal-1 Cash Rec. plus sales Journals & Ledgers 1 Transaction List
2. Cash Receipts & Sales Journal-2 Cash Rec. plus sales Journals & Ledgers 3 Transaction List
3. Cash Receipts & Sales Journal-3 Summative Cash Rec. plus sales Journals & Ledgers Summative 1

Grab Transaction List from Mr. Gebers
________________________________________________

Assignments Accounting Chapter 16 Review of the Journals

Assignment # Assignment Name Link(s)
1. Review of Cash Payments & Purchase Journal Review of Cash Payments Journal and Purchases Journal Transaction List
2. Review of Cash Payments & Purchase Journal Summative Review of Cash Payments Journal and Purchases Journal Summative 2 Transaction List
3. Cash Receipts & Sales Journal-3 Summative Cash Rec. plus sales Journals & Ledgers Summative 2

Grab Transaction List From Mr. Gebers
4.

All Journal Transactions

Using all four Journals: Purchases, Cash Payments, Sales and Cash Receipts Journals to record transactions

Target(s): Posting Transactions using all 4 Journals

Main Targets:
  1. Using all four Journals to post transactions
  2. Posing the Transactions to the Ledgers
  3. Check totals and make sure numbers are correct

Part 1 Download the Journals

February 15th through the 19th

Assignment 1 -- Week of February 15th through 19th Transaction List for Feb 17th through 20th

Journals and Ledgers for Feb 17th through 20th

Week of February 22nd through the 26th

Assignment 2 -- Monday and Tuesday February 23rd and 24th Transaction List

Journals and Ledgers

part 2

February 25-27 Part 1

Assignment 3 -- February 24-26th Summative Assessment All journals Transaction List

Journals and Ledgers

February 25-27 Part 2

Assignment 4 -- Summative 2 Transaction List for Summative 2

Journals and Ledgers for Part 2 Summative/a>

Petty Cash Assignments March

Week of February 29th

Assignment 1

The Petty Cash Payments Journal #1 and The Transaction List

Assignment 2

The Petty Cash Payments #2 and The Transaction List

Assignment 3

The Petty Cash Payments #3 and

The Transaction List

Assignment 4

The Petty Cash Payments Journal Summative #1 Grab the Transaction List from Mr. Gebers' desk

Assignment 5

All Journals with Petty Cash for Assignment for March 4-5th and Transaction List for March 9th

Monday March 7th--

Assignment 1 -- Assignment for All Journals with Petty Cash 1 and Transaction List

Payroll Register

Weeks of March 8-18th

How to do a Payroll Register for a Business March 10th to March 20th

Payroll Register for #1

The Assignment for Payroll

How to do a Payroll Register for a Business #2

Payroll Register for #2

The Assignment for Payroll

How to do a Payroll Register for a Business Number 3 without Formulas

Payroll Register for #3

The Assignment for Payroll

How to do a Payroll Register for a Business Number 4 without Formulas

Payroll Register #4 and

Employees Payroll Register and Journals #4

Married and Single Tax Charts for Payroll

Assignment Summative -- March 11th

All Journals with Petty Cash Assignment---Summative #2 and Transaction List

Married and Single Tax Charts for Payroll

How to do a Payroll Register for a Business Number 5 without Formulas

Payroll Register #5 and Employees Payroll Register and Journals #5

Married and Single Tax Charts for Payroll

How to do a Payroll Register for a Business Number 6 without Formulas

Payroll Register #6 and The Journal to go with it

Married and Single Tax Charts for Payroll

Payrolls Week 2

Payroll Register #7

and Employees Payroll Register and Journals #7

Married and Single Tax Charts for Payroll

Happy Irish Day (St. Patrick’s)-- March 17th

Last Set of Payrolls

Married and Single Tax Charts for Payroll

Adjusting and Closing Entries

Main Target: How to Adjust and Close Accounts: Supplies, PrePaid Insurance, Expenses, Sales, Income Summary

Week of March 28th

Main Targets:
  1. Using a Worksheet to set up for Income Statements and Balance Sheets
  2. How to add adjusting entries
  3. Figuring out the Net Income
  4. Completing a Correct Worksheet

How to Journalize and Post Adjusting and Closing Entries

Umatilla Bait and Tackle Shop--Tuesday Assignment

Umatilla Bait and Tackle

Umatilla Bait and Tackle Shop--Tuesday Assignment 2

Umatilla Bait and Tackle 2

Umatilla Bait and Tackle Shop--Wednesday or Thursday Assignment--Summative

Umatilla Bait and Tackle 3

South Hills Hotel--Wednesday or Thursday Assignment--Part 2

South Hills Hotel --4th Assignment

On this Assignment You will be completing a:

  1. Worksheet with the Numbers Provided
  2. Income Statement from the the Amounts on the Income Statement Part Of the Worksheet
  3. Balance Sheet from the the Amounts on the Balance Sheet Part Of the Worksheet
  4. The Adjusting and Closing Entries

South Hills Hotel--Wednesday or Thursday Assignment--Summative

South Hills Hotel 2--Summative

On this Assignment You will be completing a:

  1. Worksheet with the Numbers Provided
  2. Income Statement from the the Amounts on the Income Statement Part Of the Worksheet
  3. Balance Sheet from the the Amounts on the Balance Sheet Part Of the Worksheet
  4. The Adjusting and Closing Entries

Adjusting and Closing Entries

Week of April 4th

Viking Eats--Monday Assignment

Viking Eats--1

Viking Eats--Tuesday Assignment

Viking Eats--2

Viking Eats--Tuesday Assignment--Part 2

Viking Eats--April 29th

UHS Store--Wednesday or Thursday

Part 1 --Complete an Income Statement, Balance Sheet & Adjusting and Closing Entries

UHS Store--November

On the above assignment, you need to do the following 1. Do the Income Statement 2. Do the Balance Sheet 3. Complete the Journal and the adjusting and closing entries

Part 2 -- Wednesday and Thursday

Formative (Must be done before Summatives) Assignment Assignment

UHS Store Formative 2--Closing and Adjusting Entries

Notes!!!:

These Accounts should be Zero in the Balance (0) when you are finished.
  • Owner's Drawing
  • Sales
  • Income Summary
  • All the Expense Accounts

Part 3 -- Summative 1 for Wednesday and Thursday

Summative Assignment 2

UHS Store 3 Summative--Closing and Adjusting Entries

Summative for Friday

Summative Assignment Assignment

UHS Store 4Summative2 --Closing and Adjusting Entries

Accounting Simulations

Weeks of April 11th to 29th

Part 1

Download The Ledgers and the Journals

Download and Save the 4 Journals for the Final

Download and Save the Ledgers Final For the 4 Journals

Final Accounting Assignments List

Purchase Journals Sales Journals Cash Payments Journals Cash Reciepts Journals
Purchase Transactions page 1

Sales Transactions page 1

Cash Payments and Cash Receipts Transactions page 1 Cash Rec Week 1 Transactions are on the Cash Pay Transactions Week 1
Purchase Transactions Sets 2 Sales Transactions Sets 2 Cash Payment Transactions Sets 2 Cash Receipts Sets 2
Purchase Transactions Set 3 Sales Transactions Set 3 Cash Payment Transactions Set 3

Cash Receipts Transactions May Set 3

Purchase Transactions Set 4 Sales Transactions Set 4 Cash Payment Transactions Set 4

Cash Receipts Transactions Set 4

Week of April 25th to 29th Complete the Ledgers

May 2nd

Please complete this worksheet and Financial Statements with the Ledgers you finished on the April Assignment--Worksheet, Income Statement, Balance Sheet, Adjusting and Closing Entries

Week of May 3rd to 6th

*Finish The Financial Statements and complete the assignment below

Post Closing Trial Balance Assignment

Post Closing Trial Balance Assignment -- For April Assignment

Post Closing Trial Balance Assignment--Summative

Post Closing Trial Balance for Big April Assignment

===============================================

Week of May 9th-13th

Financial Assignment--Formative 1

Financial Assignment--Formative 2

Financial Assignment--Summative

Week of May 16th-20th

May 11th

Practice--Finishing a Journal Example Assignment

Finishing a Journal Example Assignment answers

May 12th

Financial Statement Examples Assignment

May 13-14th

Accounting Example For the Final

To finish this assignment you MUST:

  1. Use the transactions to Complete the Journal. Make sure the numbers in the red boxes at the bottom are the same number (80 pts)
  2. Use the Completed journal to Post the individual Ledgers (100 Pts)
  3. Use the Ledgers to Complete the Worksheet, do not forget to add the Adjusting numbers for Supplies and PrePaid Insurance (20 pts)
  4. Complete the Financial Statements; Income Statement & Balance Sheet (35 pts)
  5. Complete the Adjusting and Closing Journal (25 pts)
  6. Use the ADJUSTING & CLOSING JOURNAL to POST the: Adjusting Entries (Supplies, Supplies Exp, Prepaid Insurance, Insurance Exp) (5 pts)
  7. Use the ADJUSTING & CLOSING JOURNAL to POST the: Closing Entries (Sales, Expenses, Income Summary, Owner’s Capital, Owner’s Drawing) (20 pts)
  8. AFTER Posting the Adjusting & Closing Entries, THEN complete the Post-Closing Trial Balance (15 pts)

Here is an example of the Journal (NOT THE ANSWERS!) Click Here!

Week of May 23rd-27th

May 18-19th

Accounting Example 2 for the Final

To finish this assignment you MUST:

  1. Use the transactions to Complete the Journal. Make sure the numbers in the red boxes at the bottom are the same number (80 pts)
  2. Use the Completed journal to Post the individual Ledgers (100 Pts)
  3. Use the Ledgers to Complete the Worksheet, do not forget to add the Adjusting numbers for Supplies and PrePaid Insurance (20 pts)
  4. Complete the Financial Statements; Income Statement & Balance Sheet (35 pts)
  5. Complete the Adjusting and Closing Journal (25 pts)
  6. Use the ADJUSTING & CLOSING JOURNAL to POST the: Adjusting Entries (Supplies, Supplies Exp, Prepaid Insurance, Insurance Exp) (5 pts)
  7. Use the ADJUSTING & CLOSING JOURNAL to POST the: Closing Entries (Sales, Expenses, Income Summary, Owner’s Capital, Owner’s Drawing) (20 pts)
  8. AFTER Posting the Adjusting & Closing Entries, THEN complete the Post-Closing Trial Balance (15 pts)

Weeks of May 31st

Create Your own Payroll Company--Payroll Summative

You will create a Payroll by yourself.

You will come up with 20 employees with the following Information:

  • Name of Employee
  • Title or Position Name
  • The Hourly Wage you will pay them
  • The Number of Hours they will work (It is 2 weeks so 80 hours is regular and if you go overtime you would add to the OT column)
  • Marital Status (M if Married and S if Single)
  • The Number of Withholding Allowances; For example, If you live alone it would be 1, if you are married with 2 kids it would be 4
  • Amount they would give to their 401K (retirement)
  • Amount they would give for Health Ins

1st Add the information you came up with above to the following Table Employee Table

2nd Complete the Following Register with the Infromation provided by youPayroll Register

  • Married and Single Tax Charts for Payroll 2014 (Ignore the first 2 pages)

  • Week of June 2nd

    Final Test:

    Final Program of Study Assessment

    You will need to get the Transaction List from the Teacher

    To finish this assignment you MUST:

    1. Use the transactions to Complete the Journal. Make sure the numbers in the red boxes at the bottom are the same number (80 pts)
    2. Use the Completed journal to Post the individual Ledgers (100 Pts)
    3. Use the Ledgers to Complete the Worksheet, do not forget to add the Adjusting numbers for Supplies and PrePaid Insurance (20 pts)
    4. Complete the Financial Statements; Income Statement & Balance Sheet (35 pts)
    5. Complete the Adjusting and Closing Journal (25 pts)
    6. Use the ADJUSTING & CLOSING JOURNAL to POST the: Adjusting Entries (Supplies, Supplies Exp, Prepaid Insurance, Insurance Exp) (5 pts)
    7. Use the ADJUSTING & CLOSING JOURNAL to POST the: Closing Entries (Sales, Expenses, Income Summary, Owner’s Capital, Owner’s Drawing) (20 pts)
    8. AFTER Posting the Adjusting & Closing Entries, THEN complete the Post-Closing Trial Balance (15 pts)