Acc 201 milestone one

Interest and the principal are repayable at maturity. October 7: Entered into a lease agreement for bakery space. The agreement is for one year.

All other objects on each Numbers sheet were placed on separate worksheets. Please be aware that formula calculations may differ in Excel. There is nothing to complete on this page; this is simply a resource for you. Prepaid rent Prepaid insurance 7-Oct 1, Oct 1, Accounts payable Salary and wages expense - 1-Oct Oct

Acc 201 milestone one

Provide details on what you need help with along with a budget and time limit. Studypool matches you to the best tutor to help you with your question. Our tutors are highly qualified and vetted. Your matched tutor provides personalized help according to your question details. Payment is made only after you have completed your 1-on-1 session and are satisfied with your session. In previous modules, you examined the initial stages of the accounting cycle and practiced journalizing financial transactions. In Milestone One, you will complete the first part of your course project to demonstrate your ability to accurately record financial data, which will continue to be used to complete other parts of the project. You are a certified public accountant CPA who is working with a small bakery to prepare their financial statements for three months of the current fiscal year. Because the company is a startup and so small, the accounting is done manually in Microsoft Excel. You have been given the accounts and information you need to prepare their financial statements, but you will need to use the accounting cycle to report accurate information to the finance department. Record Financial Data : Use accepted accounting principles to accurately capture business transactions for October, November, and December in the Company Accounting Workbook Template using the data provided in the Accounting Data Appendix document. This should be completed and submitted using Microsoft Excel.

Lease period is effective July 1,through June 30, Step Two Data Click on the link to return to the prompt.

By using our site, you agree to our collection of information through the use of cookies. To learn more, view our Privacy Policy. To browse Academia. To complete Milestone One, use accepted accounting principles to follow and record your business transactions for a three-month period. You will find the provided data for your workbook in the appendix at the end of this document.

Overview: In this milestone, you will move through the first four steps of Final Project I by creating the monthly journal entries and general ledger accounts in your accounting workbook. The monthly journal entries are how businesses input financial activities into their accounting systems. The values from these entries are posted to the general ledger. Prompt: Your dog, Peyton, has severe allergies and cannot have the usual store-bought dog treats. You have been making homemade treats for him that are all- natural and hypoallergenic.

Acc 201 milestone one

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Culture Documents. The payment was made in cash. Completion Status:. The study of cases of fixed points of a complex function depending on the inputs of this function. Personal Growth Documents. Into Thin Air by Jon Krakauer. Our tutors are highly qualified and vetted. Should ASG consider strategic alliances for your product line? Get Quality Help Your matched tutor provides personalized help according to your question details. We believe that the addition of a sit-down r Report this Document. The equipment has a five-year useful life.

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Situation - Verizon and the Labor Unions. Most Popular Study Documents. Accounting Data Appendix 1. Locate and cite one University Library article are other valid source related to operating a business. The agreement is for one year. Acct11 1hw Acct11 1hw. Take 10 seconds to Sign up! Our verified tutors can answer all questions, from basic math to advanced rocket science! Use the perpetual inventory method with the FIFO valuation method. Employment Law Presentation, management homework help. Scenario You are a certified public accountant CPA who is working with a small bakery to prepare their financial statements for three months of the current fiscal year.