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

Consider the six hypothetical electron states listed in the table - University of washington environmental policy - Cvp graph - Ebay clothing listing template - Laser diffraction lab report - 115 mm to inches - 0.38 repeating as a fraction - Trevor noah plays who d you rather - How to paste spss output into word - Infinite monkey theorem pte answer - Exercise 4 accuracy and precision - Share it with the world incmedia lyrics - How does web 2.0 change security for the internet? - 17/7 as a mixed number - Sulfamic acid grout cleaner home depot - The skylark poem questions and answers - Yoga, CHAKRAS - Single phase motor protection - Long distance gretta ray chords - The guy code book - Rolls royce marine perth - Assembly of confessing congregations - Www httpdebugger com tools view httpheaders aspx - Regarding t accounts which of the following statements is correct - Case on fair and lovely - Principles of Business Management - Team meals for away games - Case ih 1660 combine grain tank capacity - Internet Marketing - A case of acute pancreatitis case study answers - MKTG201 Week 7 Discussion - Pip short film theme - 43a elsie street watermans bay - Assignment Help - King's goal attainment theory conceptual framework - Cryptography - Minn kota riptide manual - Discussion on cloud computing - Neta tap timer instructions - An inconvenient truth study guide - How does the cryosphere interact with the geosphere - Microwave wattage qualitative or quantitative - Discount matrix transactional analysis - Mcgraw hill chapter 10 quiz - Nissan recovering supply chain operations - Accounting Assignment Help - Allison automatic fault codes - Seminar Reaction Paper - Sqa marking instructions maths - Voicemail google subscriber is not available - Ac dc power supply block diagram - Correctional processes - Article Question review - ENG-102 READING QUIZ - Principles of motivational interviewing - Wk 5, IOP 480: DR 1 - Where To Get Quality Assignment? - What is descriptive language - Purchased goods on credit accounting equation - Planning 5E Questioning Strategies - Case study 2 improving e mail marketing response - One variable statistical calculator applet - Reading summary - Computer application course outline - Boeing 737 startup checklist - Relic 12 hung liu - French bulldog club nsw - Fault tree analysis in accident investigation - Similes to describe trees - Bt 195 directory enquiries - Discussion - OL - Role of IT in BI - Eyeglassomatic manufactures eyeglasses for different retailers - Contemporary Nursing Practice - Break-even point example questions and answers - Type of research Framework - Hospitality hotels forecasts monthly labor needs - Operating income return on investment definition - Mentors and mentees in the bible - Order of reaction ppt - Scs 100 project 1 comparison template - Why chinese mothers are superior by amy chua pdf - Shelfer v city of london electric lighting - 1 3 cyclopentadiene diels alder - Procedural and non procedural dml example - Newsfeed defenders mini quiz answers - Lead 8 - How to calculate annual depreciation straight line method - What is the possessive form of deer - GROUP PROPOSAL PAPER - Informative speech critique example - Paper - Thinking critically about ethical issues - How to calculate ksp value - Qdoba locations that serve breakfast - Rosemarie rizzo parse metaparadigm - Ford pinto case study answers - Latent heat of ice - Enzymatic browning of apples experiment - Mcgraw hill practice operations module 6 - Salford council pest control