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Unit 5 Assignment – Calculate Merchandise
- Due Sunday by 11:59pm
- Points 25
- Submitting a file upload
Instructions
This assessment addresses the following course objective(s):
- Record various business transactions in accordance with generally accepted accounting principles.
- Analyze the basic financial statements
In this assignment, we will learn that there are two methods in preparing an income statement: the single-step and multi-step. Both use the same accounts and render the same results
- Download AC107 Unit 5 Merchandise Template Download AC107 Unit 5 Merchandise Template[Excel Spreadsheet]
- Follow the instructions found in the template
- Rename your spreadsheet adding your last name to the file name (Ex. AC107 Unit 5 Assignment – Calculate Merchandise LastName)
- Submit your completed spreadsheet
Estimated time to complete: 1 hour
Submit
- Excel File
Assignment Resource(s)
- AC107 Unit 5 Merchandise Template Download AC107 Unit 5 Merchandise Template[Excel Spreadsheet]
Unit 5 Assignment – Journal Buyer and Seller
- Due Sunday by 11:59pm
- Points 25
- Submitting a file upload
Instructions
This assessment addresses the following course objective(s):
- Record various business transactions in accordance with generally accepted accounting principles
In this assignment, we will look at various merchant transactions from the buyer’s and seller’s perspective.
- Download AC107 Unit 5 Buyer and Seller Template Download AC107 Unit 5 Buyer and Seller Template[Excel Spreadsheet]
- Follow the instructions found in the template
- Rename your spreadsheet adding your last name to the file name (Ex. AC107 Unit 5 Assignment – Journal Buyer and Seller LastName)
- Submit your completed spreadsheet
Estimated time to complete: 1 hour
Submit
- Excel File