The Course Project Consists Of 12 Requirements For You To Co ✓ Solved

The Course Project Consists Of 12 Requirements For You To Complete Th

The Course Project consists of 12 Requirements for you to complete. The Course Project is due at the end of Module 9. See the Due Dates section for more information. All of the information you need to complete the Course Project is located in an Excel® Workbook. Be sure to read all the sheets in the workbook.

This workbook includes:

• Eight worksheets in the workbook you will need to complete

• A list of March 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

You will continue to use the same workbook for all 3 milestones. You do not need to download a new copy for Milestones 2 or 3. When you submit Milestone 3, all sheets in your workbook will be complete.

Sample Paper For Above instruction

The course project presented involves a comprehensive set of twelve requirements designed to assess the student's ability to accurately analyze and record financial transactions using an Excel® workbook. This project is structured to be completed incrementally across three milestones, ultimately culminating in a final submission at the end of Module 9. By maintaining consistency through the same workbook for all milestones, students ensure continuity and facilitate error tracking.

Central to this project is the provided Excel® file, which contains crucial information and resources necessary for completing all thirteen requirements. The workbook features eight distinct worksheets, each dedicated to specific aspects of the financial data analysis and recording process.

Within the workbook, students will find a detailed list of March transactions. These transactions constitute the core data, reflecting typical business operations that will need to be accurately recorded and categorized throughout the worksheet. Correct recording of these transactions not only demonstrates bookkeeping proficiency but also impacts the accuracy of financial statements generated from this data.

Additionally, the workbook contains a Chart of Accounts reference sheet, which provides definitions and classifications for various accounts to ensure proper categorization. Familiarity with the Chart of Accounts is essential for accurate data entry, ensuring that each transaction is assigned the correct account in accordance with standard accounting principles.

To support students in understanding the expected outcomes and in self-assessment, a Grading Rubric is embedded within the workbook. This rubric offers clear expectations for accuracy, completeness, and formatting, guiding students to meet the assignment criteria effectively.

Each worksheet also includes embedded Check Figures as comments. These embedded checks serve as a built-in validation tool, allowing students to verify their data entries and calculations, thereby reducing errors and improving overall accuracy.

It is important to note that the same workbook must be used across all three milestones. This approach promotes a comprehensive understanding of the process, as students build upon their previous work. Upon completion of Milestone 3, students will submit the finalized workbook with all sheets completed, demonstrating a thorough understanding of the accounting process from transaction to financial statement preparation.

Overall, this structured approach fosters practical skills in data entry, account classification, validation, and documentation within Excel®. Proper adherence to these guidelines ensures both academic success and foundational competence in financial data management, which are essential skills for aspiring accounting professionals.

References

  • AccountingCoach. (2022). Bookkeeping and Accounting Practice. https://www.accountingcoach.com
  • Excel Easy. (2023). Excel for Beginners. https://www.excel-easy.com
  • Gaille, B. (2020). Importance of Accurate Financial Records. Business News Daily. https://www.businessnewsdaily.com
  • Harvard Business Review. (2021). The Role of Data Validation in Business Management. https://hbr.org
  • Kieso, D., Weygandt, J., & Warfield, T. (2019). Intermediate Accounting (16th ed.). Wiley.
  • Microsoft Support. (2022). Use formulas and functions in Excel. https://support.microsoft.com
  • AccountingTools. (2023). Chart of Accounts Definition. https://www.accountingtools.com
  • Rowe, A. (2021). Enhancing Financial Accuracy with Check Figures. Journal of Financial Data, 12(3), 45-52.
  • Saylor Academy. (2021). Introduction to Accounting and Financial Statement Management. https://learn.saylor.org
  • Wall Street Prep. (2022). Excel Tips for Financial Modeling. https://www.wallstreetprep.com

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