Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Cybertext building blocks of accounting a financial perspective

29/12/2020 Client: saad24vbs Deadline: 10 Days

Introduction

Building Blocks of Accounting .. A Financial Perspective

Alexis, when you are ready to have your work graded you will upload this file AB1290.xls or AB1290.xlsx,

F310 180613

to the same screen that the project was downloaded from: www.cybertext.com, The Book List, Building Blocks of Accounting - A Financial Perspective, Enter password, Upload Your Excel File. Keep two copies of your spreadsheet in two separate places in case one does not work. You may find it easier to work on this project if you print a hard copy of all the pages. NOTE: If there are any questions about the project e-mail markfriedman@miami.edu or call 305.284.6296. Grade will be based upon answers entered into the yellow filled cells.

FAQ

Elf Village Productions 50 Sheet Legal Pad

Building Blocks of Accounting .. A Financial Perspective

FAQ Page 1

FAQ 01 My file used to upload, why is it not uploading?

Answer: Sometimes we unknowingly add items to a workbook that inhibits the upload process. The conversion to a Excel Binary

Workbook (*.xlsb) version generally fixes the problem. If the problem continues simple send your BINARY file

as an attachment with your username and password…friedman@cybertext.com

Windows Operating System

Select File

Select Save As

Select Save As Type:

Select Excel Binary Workbook (*.xlsb)

Select Save

Upload the binary file at cybertext.com

Apple Operating System

Select File

Select Save As

Select Format:

Select Excel Binary Workbook (*.xlsb)

Select Save

Upload the binary file at cybertext.com

Elf Village Productions 50 Sheet Legal Pad

Building Blocks of Accounting .. A Financial Perspective

FAQ Page 2

FAQ 02 When I try to enter information in the General Journal why does an error appears indicating that the cell protected?

Answer: The computer program is designed to save you time. Instead of requiring you to enter the description four

times the program automatically copies the description when you enter a new account number. This process

requires that the data entry is limited to those cells which contain unique information. The cells that you can

enter data into are the yellow filled cells.

FAQ 03 In the feedback section, what does it mean when I have points under reverse?

Answer: If you pay a telephone expense of $100.00

Telephone Expense 100

Cash 100

If you debit cash and credit telephone expense you have reversed the whole entry.

Cash 100

Telephone Expense 100

If you debit cash and credit anything else you have reversed part of the entry.

Cash 100

Rent Expense 100

Elf Village Productions 50 Sheet Legal Pad

Building Blocks of Accounting .. A Financial Perspective

FAQ Page 3

FAQ 04 How does my instructor get my grade?

Answer: Every time you upload your grade is recorded in a table. Your instructor can look at the table whenever they

want to, although only the last grade counts. Keep a hard copy of your last upload for documentation.

FAQ 05 I have entered all the transactions and have completed the worksheet however I get following

message on the financial statements: "You must finish the worksheet before you can complete the ...."

Answer: The worksheet demonstrates that the accounting system is working. If all of your journal entries are

in balance then the Unadjusted Trial Balance and the Adjusting Entry columns will balance. The

Adjusted Trial Balance columns net the Unadjusted Trial Balance and the Adjusting Entry columns.

There are four steps to completing the worksheet:

1. Copy the account balances from the Adjusted Trial Balance into the either the Income Statement or the

Balance Sheet columns, (debits remain debits and credits remain credits).

2. Calculate the Net Income or Net Loss by finding the difference between the revenues and expenses.

3. Calculate the Net Income or Net Loss by finding the difference between the total of the debit balances and

the total of the credit balances of the accounts in the Balance Sheet columns of the worksheet.

4. Compare the two Net Incomes. If they are the same the financial statements will be displayed, otherwise

there is an error in the completion of the worksheet.

MF1234.xlsx

Excel Binary Workbook (.xlsb)

Welcome

Building Blocks of Accounting -- A Financial Perspective

The instructions start on row 22 of this page.

FIRST LAST SS File

Alexis Bell 1290 AB1290

For example,

01

In the date field enter the date of the transaction. If you do not enter a date value an error message will appear.

Transaction Date Account Name Description Debit Credit

0

01 Jun 01 0

00 Dec 31 0 0

00 Dec 31 0 0

00 Dec 31 0 0

In the account field enter the account number that corresponds to the account in the chart of accounts.

You can also use the pull down list to find the appropriate account number. If you use a number that

is not on the chart of accounts an error message will appear.

Transaction Date Account Name Description Debit Credit

0

01 Jun 01 1110 Cash

00 Dec 31 0 0

00 Dec 31 0 0

00 Dec 31 0 0

The name of the account will automatically appear in the name column. If it is the wrong

account renter the correct account number.

Enter the description in the description field.

Transaction Date Account Name Description Debit Credit

0

01 Jun 01 1110 Cash Joseph's investment

00 Dec 31 0 0

00 Dec 31 0 0

00 Dec 31 0 0

Enter the amount in the debit field.

Transaction Date Account Name Description Debit Credit

Transaction # 1 Not in Balance by $40,000.

01 Jun 01 1110 Cash Joseph's investment 40,000.00

00 Dec 31 0 0

00 Dec 31 0 0

00 Dec 31 0 0

Enter the second account number.

Transaction Date Account Name Description Debit Credit

Transaction # 1 Not in Balance by $40,000.

01 Jun 01 1110 Cash Joseph's investment 40,000.00

00 Dec 31 3100 Capital Stock Joseph's investment

00 Dec 31 0 0

00 Dec 31 0 0

Enter the amount in the credit field.

Transaction Date Account Name Description Debit Credit

0

01 Jun 01 1110 Cash Joseph's investment 40,000.00

00 Dec 31 3100 Capital Stock Joseph's investment 40,000.00

00 Dec 31 0 0

00 Dec 31 0 0

1. Copy the account balances from the Adjusted Trial Balance into the either the Income Statement or the

Balance Sheet columns, (debits remain debits and credits remain credits).

2. Calculate the Net Income or Net Loss by finding the difference between the revenues and expenses.

3. Calculate the Net Income or Net Loss by finding the difference between the total of the debit balances and

the total of the credit balances of the accounts in the Balance Sheet columns of the worksheet.

4. Compare the two Net Incomes. If they are the same the financial statements will be displayed, otherwise

there is an error in the completion of the worksheet.

Note:

Save and make backup copies regularly.

Welcome to the worlds first ePractice case, an individualized, internet generated and graded case study that focuses on the analytically portion of the accounting cycle while automating the repetitive posting cycle. NOTE: If the program is not working e-mail markfriedman@miami.edu, 305.284.6296.

Step I - The Chart of Accounts The chart of accounts includes all of the accounts that you can use to solve your case. You may want to print the chart of accounts and use it as an easy reference guide.

Step II – Journalizing the Transactions. Using your unique transactions record the corresponding general journal entry, rounding to two decimal places.

June 1: Joseph made an investment in Byte of Accounting, Inc. by purchasing 2,000 shares of its common stock for $40,000 cash. The par value of the common stock was $20 per share.

Step IV – Prepare the Financial Statements. After you have entered all of the transactions and prepared the Worksheet, you are to prepare the Income Statement, Shareholder's Equity Statement and Balance Sheet using the forms provided.

Step III – Worksheet Although not graded, you need to complete the Worksheet. If each of your journal entries are in balance then your Unadjusted Trial Balance and the Adjusting Entry columns will be in balance.

Grading: You will be graded on the Journal Entries and the three financial statement. The case will be computer graded, therefore make sure all numbers are in the appropriate cells. The computer will evaluate your transactions when grading your financial statements.

Step VI – Upload the File. Whenever you want to have cybertext.com grade your work submit it to them on the bottom of the screen that you downloaded the file.

Step V – Prepare the Cosing Entries. Based upon the information from your Worksheet or from your Financial Statements, prepare the closing entries.

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Best Coursework Help
University Coursework Help
Helping Hand
Homework Guru
Writer Writer Name Offer Chat
Best Coursework Help

ONLINE

Best Coursework Help

I am an Academic writer with 10 years of experience. As an Academic writer, my aim is to generate unique content without Plagiarism as per the client’s requirements.

$60 Chat With Writer
University Coursework Help

ONLINE

University Coursework Help

Hi dear, I am ready to do your homework in a reasonable price.

$62 Chat With Writer
Helping Hand

ONLINE

Helping Hand

I am an Academic writer with 10 years of experience. As an Academic writer, my aim is to generate unique content without Plagiarism as per the client’s requirements.

$60 Chat With Writer
Homework Guru

ONLINE

Homework Guru

Hi dear, I am ready to do your homework in a reasonable price and in a timely manner.

$62 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Computer science ethical hacking - Week 2 discussio 2 - Brookside group practice lower earley - Quality improvement theory in nursing - Paper for $8 - What was the transformation that took place at valpak - Organization and leadership - Benefits of xs energy drink - Astro unl edu classaction animations coordsmotion daylighthoursexplorer html - The thinker's guide to the art of socratic questioning pdf - Copper ii sulfate and ammonium hydroxide reaction - Time sert tap size - Confederate Monuments Essay - Astor lodge & suites inc case study - Graham v connor pdf - Plastic parts produced by an injection molding operation are checked - Retained earnings end of year - What is cp chemistry - Antonyms crossword puzzle answer key - Assurance of support commonwealth bank - Communicating using video conferencing and E-GROUP - Literature review - Michael goldstein and hannah snopes - Hg palmer princess sewing machine price - Road pins travis perkins - Click and learn virus explorer - Wrtg 393 - Leadership in organizations yukl 8th edition ppt - The sealed nectar summary - On january majestic mantles leased a lathe - House homewares mount gambier - Wk6 assign 6053 - Wheel of fortune sextet nyt crossword - University of georgia map - Lewis the gift of promise - Sadie the cleaning lady chords - Emirates annual report 2012 - Need help please - An astrologer's day story in english - Strategic management concepts by frank rothaermel 4th edition free pdf - Money haffi mek meaning - Ib biology hl paper weighting - Comprehensive soap note example nurse practitioner - Microbiology case study examples with answers - On the fahrenheit scale water freezes at - Country manager simulation toothpaste - Operational Exellence - Research Paper - Mfj screwdriver antenna controller - Johnson and johnson strategic management - Current Events Article (4 paragraphs total) - Acids used in therapeutic processes - Cordyceps gunnii health benefits - David wallace suck it hoodie - Sampling distribution of the mean worksheet with answers - Bjt small signal model - Shark nerds always ran the projector - Is servant leadership inherently christian - Transitions previews and summaries are all examples of - Managerial economics and business strategy 8e - Qnt 561 week 3 - Misplacing the burden of proof - The restocking level increases as the service level falls. - Gcu learning lounge - What is a justification paper - Sponsorship sales deck - Barmah national park walks - Dinosaurs in the hood essay - Bluefruit ez key keyboard - Galette des rois date - Persuasive speech about saving money - Little animals activity centre - Clc cambridge latin course - Gt products grapevine tx - Although in spite of - Which is a common characteristic of both science and pseudoscience - The random variable x has the following discrete probability distribution - Budget and Profit Loss Statement due in 60 hours - Holsworthy high school teachers - Things to make and do in the fourth dimension epub - Insurance on property plant and equipment - Curtis motors dalgety bay - Power sizing exponent - Rhetorical Analysis - Alien periodic table worksheet - The immortal life of henrietta lacks chapter 1 - Electricity usage meter home depot - Chiastic structure of mark's gospel - Final Portfolio Project Draft - Homework - Estelle and carroll funeral directors mudgee - Bunn my cafe k cup drawer leaking - Self evaluation - Calculate average daily census from patient days - Reflection - T1 and t2 weights - Criminal typology for shoplifting - Great gatsby last line meaning - Molar mass of c5h12 - Bay leather republic complaints - How does the internal market for innovation at nypro function