Accounting Assignment
Part 1
Start by reading and following these instructions:
1. Quickly skim the questions or assignment below and the assignment rubric to help you focus.
2. Read the required chapter(s) of the textbook and any additional recommended resources. Some answers may require you to do additional research on the Internet or in other reference sources. Choose your sources carefully.
3. Consider the discussion and the any insights you gained from it.
4. Create your Assignment submission and be sure to cite your sources, use APA style as required, check your spelling.
Part 2
Start by reading and following these instructions:
1. Quickly skim the questions or assignment below to help you focus.
2. Read the required chapter(s) of the textbook and any additional recommended resources. Some answers may require you to do additional research on the Internet or in other reference sources. Choose your sources carefully.
3. Consider the discussion and the any insights you gained from it.
4. Create your Assignment submission and be sure to cite your sources, use APA style as required, check your spelling.
Task
1. Prepare a worksheet for Morin Co. from the information for Exercise Set A, L02.
2. Using the worksheet in Module assignment for Sanchez Computer Center, journalize and post the adjusting entries and prepare the financial statements.
3. The Corner Dress Shop: Reviewing the Accounting Cycle for a Merchandise Company
o This practice set will help you review all the key concepts of a merchandise company, along with the integration of payroll, including the preparation of Form 941.
o Because you are the bookkeeper of the Corner Dress Shop, we have gathered the following information for you. It will be your task to complete the accounting cycle for March.
o Used the information and perform the tasks specified in your textbook on pages 498 through page 493.
4. From the ledger balances and additional data given, do the tasks for Cross Lumber for the year ended December 31, 201X.
Discussion Question:
Spring Co. bought merchandise from All Co. with terms 2/10, n/30. Joanne Ring, the bookkeeper, forgot to pay the bill within the first 10 days. She went to Mel Ryan, the head accountant, who told her to backdate the check so that it looked like the bill was paid within the discount period. Joanne told Mel that she thought they could get away with it. Should Joanne and Mel backdate the check to take advantage of the discount? You make the call. Discuss your specific recommendations to Joanne.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.
Download:- Accounting-Data.rar