You should begin working on elements of the Final Project in Week One. Each week, there is a recommended learning activity associated with helping you complete the Final Project. There are ungraded and graded practice exercises, which will allow you to practice applying accounting skills learned in class to different scenarios. Work through the problems, starting with Chapter 1, following the instructions in the textbook and Excel template.
Download and open the Excel file BUS591 Final Project Template. Review the instructions presented on the Instructions Tab in the Workbook and the weekly recommended learning activity. If you complete each part as recommended, you will have the complete Final Project finished by Week Six. Chapters 1, 2 and 3 are ungraded practice problems, while Chapters 4 and 13 are graded problems. Take your time and complete all requirements. Also, if you complete the practice problems from Chapter 3, completing the graded portion from Chapter 4 will be much easier.
Do not work ahead unless you read the corresponding chapters. For example, read Chapters 3 and 4 before completing the Continuing Cookie Chronicle problems from those chapters.
Carefully review the Grading Rubric (Links to an external site.)Links to an external site. for the criteria that will be used to evaluate your assignment.
Requirements Sheet in Workbook
Chapter 1 and 2 “Continuing Cookie Chronicle” – Review the problem and make notes of your answers. Chapter 1 & 2 Notes
Chapter 3, Part A, prepare journal entries to record the November transactions Journal Entries
Chapter 3, Part B, post the journal entries to the general ledger accounts General Ledger
Chapter 3, Part C, prepare a trial balance at November 30, 2014 Trial Balance
Chapter 4, Part A, journalize the transactions Journal Entries
Chapter 4, Part B, post the December transactions to the general ledger accounts General Ledger
Chapter 4, Part C, prepare a trial balance at December 31, 2014 Trial Balance
Chapter 4, Part D, prepare and post adjusting journal entries for December Adjusting Entries
Chapter 4, Part E, prepare adjusted trial balance at December 31, 2014 Adjusted Trial Balance
Chapter 4, Part F, prepare an income statement, retained earning statement and balance sheet Financial Statements
Chapter 4, Part G, prepare and post closing entires as of December 31, 2014 Closing Entries
Chapter 4, Part H, prepare a post-closing trial balance Post Closing TB
Chapter 13 – Part A, prepare a horizontal and vertical analysis Horiz. & Vert. Analysis
Chapter 13 – Part B, Calculate several financial ratios as indicated Financial Ratios
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