Acct 212: Course Project 1

ACCT 212: Course Project 1

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Part A

1

Prepare the Journal Entries in the General Journal

Journal Entries

2

Post Journal Entries to the General Ledger

General Ledger

3

Prepare a Trial Balance

Trial Balance

Part B

4

Prepare the Adjusting Entries

Adjusting Entries

5

Post Adjusting Entries to the General Ledger

General Ledger

6

Prepare an Adjusted Trial Balance

Adjusted TB

7

Prepare the Financial Statements

Financial Statements

8

Prepare the Closing Entries

Closing Entries

9

Post Closing Entries to the General Ledger

General Ledger

Prepare the Post Closing Trial Balance

Post Closing TB

Click on the worksheet

link to complete the

corresponding

Requirement or the

Project Instructions

button below for an

overview.

10

Project Instructions

Course Project #1 Overview

The Course Project consists of 10 Requirements for you to complete. The Course Project is due at the end of Week

6. See the Syllabus section ”Due Dates for Assignments & Exams” for due date information. All of the information

you need to complete the Course Project is located in this Workbook.

• There are eight worksheets in the workbook you will need to complete.

• A list of October transactions

• A Chart of Accounts reference sheet

• A Grading Rubric to help explain what is expected.

• Each worksheet has the Check Figures embedded as a comment.

Scenario

You’ve just secured a new client in your accounting practice, the Rawls Repair Corporation (RRC), a brand new

small business specializing in bicycle repair. The owner, Rob Rawls, is a terrific cyclist and bike repair specialist, but

definitely not an accountant. Your job is to help Rob put his affairs in order. Luckily Rob has only been in operation

for a...