PDA

View Full Version : Can someone please help me with financial accounting cycle


ashlee2300
Sep 24, 2013, 09:37 PM
Please help me with financial accounting cycle project

ashlee2300
Sep 24, 2013, 09:38 PM
Please

J_9
Sep 24, 2013, 09:41 PM
You are going to have to show that you have at least tried to come up with the answer.

odinn7
Sep 24, 2013, 09:42 PM
I have to tell you this so you don't sit here wasting your time waiting...

Nobody here is going to do this for you. First, it is against site rules for us to do your homework. Second, we're all volunteers and nobody is going to take the time to write all this out when you are the one that is supposed to be learning it.

All you can hope for is that you do it, show your work and then you can post it and someone may come along to help you with it... "help" being the key word here.

J_9
Sep 24, 2013, 09:43 PM
OR, we can do it for you and get it all wrong and you get zero points instead of 200.

pready
Sep 25, 2013, 12:01 PM
This is a pretty simple project. Start by getting column paper at an office supplies store. You will need; 2 column paper for your journal entry, adjusting entries, and closing entries. Use plain paper and set-up T accounts for all of your accounts, and you will need at least 14 column paper for a Worksheet to make for your trial balance to your post-closing trial balance.

Or if possible use Excel for this project. Use one Workbook with one page for your journal entries, one page for your T accounts, one page for your Worksheet, and one page for your financials. Just make sure to title your pages accordingly and use the correct formats.

Once you have your paper start with your steps a through I.

Just take your time and do your steps in order. Also use the check figures to see if you match them. If not you probably made a mistake somewhere in your calculations. For your adjusting entries number 4, cleaning supplies used the adjusting entry will be for the amount from your Cleaning Supplies account balance minus your actual Cleaning Supplies balance.