Instructions

Associated CO & LO:

  • CO-2: Apply the accounting cycle.
    • LO-2.1: Using the underlying assumptions or concepts, analyze business transactions and determine their effects on items in the financial statements.
    • L0 2.2: Analyze financial information and prepare journal entries.

Assignment Instruction:

  • Complete requirements 1 through 3 of Jane’s Skateboards for the first milestone of the course project. You have the option of using either the T-Accounts tab to post journal entries or the General Ledger tab.
  • You will use the Excel Project Template for Jane’s Skateboards attached below.
  • DO NOT change the Excel template drop-down menus or formulas that are already in the template.
  • You should watch the videos in the Content tab above, under Week 2, to assist you in preparing this Assignment.
  • Save your file as “LastnameFirstinitial-ACCT105-M1.”
  • Submit your work by midnight ET on Day 7 (Sunday).
  • **NOTE: Please make sure you review the instructions in the Excel template so you do not miss any requirements.
  • Again, DO NOT change the Excel template format, drop-down menus, or formulas that are already in the template.

Assignment Resources & Supports

Submission Instructions:

  • Submit the completed Excel Workbook for Janes Skateboards parts 1, 2, and 3.
  • The Assignment is due on Sunday of week 2.

Assignment Rubric Name:

Assignment File: Janes Skateboards.

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