Financial Project

  

Financial Project 
Minimum of 80%  Required for Competency
Delivery Revenue, Utilities Expense, Salaries Expense, Supplies Expense
Account Title 
Debit
Credit
Account Title 
Debit
Credit
Assets
:  Cash, Accounts Receivable, Supplies, Prepaid Rent, Delivery Truck, Furniture
Liabilities
: Accounts Payable, Unearned Revenue, Notes Payable
Equity
: Retained Earnings, Common Stock, Paid in Excess of Par Common,
This project is designed as an assessment of key Learning Outcomes presented in 
this course.  
1.: 
Analyzing Business Transactions
.  You will analyze 10 business transactions and provide the proper 
journal entries. (20 pts)
2.- 4.: 
Understanding Financial Statements
:  You will prepare an Income Statement, Statement of 
Retained Earnings, and Balance Sheet. (60 pts)
5.: 
Understanding Financial Statement Analysis
: You will prepare a horizontal  and vertical analysis on 
Income Statement accounts. (10 pts)
6.: 
Analyzing Business Transactions. 
You will complete a bank reconciliation and figure net pay for an 
employee.
Instructions: Please save this spreadsheet to your computer. After you have completed the 
project save it with your name as the filename, for example mine would read: