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At the end of each module, you will apply the module’s concepts by completing comprehensive assignments from the textbook.

 

Complete problems P3-43 (p. 185) and P4-38 (p. 252) in your text book.

 

Present your analysis of the assigned problems in Excel format. Enter non-numerical responses in the same worksheet using textboxes.

 

By Wednesday, March 4, 2015 deliver your assignment to the M2: Assignment 3 Dropbox.

 

Create the file with the following name: LastnameFirstInitial_M2A3.Excel.xls.

 

Assignment 3 Grading Criteria

Maximum Points

P3-43:

  

Open addition T accounts

3

Journalize transactions December 21-30

4

Post to T-accounts

2

Prepare trial balance

5

Adjusting entries made in adjustments column

3

Journalize and post adjusting entries and denoted adjusting amounts

4

Prepare income statement and retained earnings

5

P4-38:

  

Complete accounting worksheet at 12/31

6

Journalize and post closing entries at 12/31

6

Prepare classified balance sheet

7

Accuracy and timeliness

5

Total:

50

 

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