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Accounting · Studypool

HWK 1: Prob. 2.53 Simple Trans - Columnar format

Overview

Part A - 17points + Part B 23 Points = Max of 40 points

Upload excel files ONLY for Problem 2.53 Parts A & B in columnar/tabular format as done in class. Required for Parts A and B:

  • Record all September and October Transactions: note corrections
    • Part A: October #4 - Paid assistance $2k for first half of month
    • Part B:
  • Record all Adjustments for the month of October - for Part A and B.
  • Prepare financial statement as the periods ended October 31.

See additional information in Week 5 Addendum:

Part A - PointsPart B - PointsTotal
September Transactions35
October Transactions35
October Adjustments35
October Financial Statements:

See Text p. 37

- Income Statement34Exhibit 2-16
- Stmt of Retained Earnings11 for examples
- Balance Sheet34 of financials
Total Points162440 points max

- Upload excel files only, - NO apple numbers or google sheets files accepted as we cannot open these for grading. Max % earned if late:

50% credit if one day after due date

0% credit if later than two days after due date.

- NO apple numbers files here as we cannot open these for grading.

Due on Oct 5, 2025 11:59 PM

Available on Sep 29, 2025 5:00 PM. Access restricted before availability starts.

Available until Oct 8, 2025 11:59 PM. Access restricted after availability ends.

I just need you to follow all the instructions. My professor is crazy strict, also let me know what else you need before starting