Week 3 Assignment And Learning Activity Please Do Not Bid

Week 3 Assignment And Learning Activityplease Do Not Bid For This Ass

Week 3 Assignment and Learning Activity : PLEASE DO NOT BID FOR THIS ASSIGNMENT IF YOU ARE NOT GOOD WITH SOLVING MATH PROBLEMS AND BEING ABLE TO EXPLAIN FINANCIAL TERMS/CONCEPTS. Week 3 Homework Problems – 8 problems total Complete the following Workbook Template Week 3 . Problems E5-2 and E5-6 are from Chapter 5 and P5-5B from the Textbook Student Companion Site. Problems 6-2B and 6-3B from Chapter 6 are located on the Textbook Student Companion Site. Submit your work to your instructor by the posted due date. Show all your work in order to earn full credit. (Week 3 homework template, chapter 5, problems P5-5B, 6-2B and 6-3B are attached)

Learning Activity: Read the “Continuing Problem Cookie Creations” for Chapter 4 on page 205 of the Textbook. Go to the Textbook’s Student Companion Website to see the completion of this problem. Using the Excel file BUS591 Final Project Template provided in Module 6, complete the requirements listed on the “Instructions” tab of the Excel spreadsheet for Chapter 4. For Part D, post the adjusting entries to the general ledger accounts, adding to the balances you did in Part B. Be sure to total new balances for each account. (Continuing Problem Cookie Creation for Chapter 4 and Final Project Template are attached.) Link to Textbook’s Student Companion for your reference. All problems and supporting documentation are attached.

Paper For Above instruction

The weekly assignment for Week 3 encompasses both a set of financial problems designed to test mathematical proficiency and conceptual understanding, and a practical accounting task that involves adjusting entries and ledger management. The core of this assignment is to demonstrate competency in solving complex financial problems, accurately performing accounting adjustments, and comprehending fundamental accounting principles essential for financial analysis and reporting.

The first component of the assignment involves solving eight specific homework problems derived from Chapters 5 and 6 of the textbook. Problems E5-2 and E5-6 from Chapter 5, along with P5-5B from the Student Companion Site, and problems 6-2B and 6-3B from Chapter 6, form the core of this exercise. These problems likely cover topics such as financial calculations, ratios, and basic accounting procedures. Students are expected to show all their work clearly to ensure full credit and understanding, emphasizing not only accuracy but also the transparency of the problem-solving process. This exercise aids in reinforcing the theoretical concepts covered in the chapters, including financial statement analysis, cost behavior, and the application of financial ratios.

The second part of the assignment is a hands-on activity centered on a continuation of the “Cookie Creations” problem from Chapter 4, as presented on page 205 of the textbook. Students must review the problem in the textbook, then consult the Student Companion Website to see the complete solution or further instructions related to this problem. Using the Excel Final Project Template provided in Module 6, students are required to execute specific tasks listed on the “Instructions” tab of the spreadsheet. A critical part of this process involves preparing and posting adjusting journal entries to the general ledger accounts, building upon previous balances recorded in Part B of the activity. Students must ensure that they update each account's balance appropriately and calculate the new totals accurately.

This practical exercise emphasizes applying theoretical accounting knowledge to real-world scenarios, such as adjusting entries and ledger management. It also highlights the importance of detail-oriented work and accuracy in financial reporting, which are vital skills for any accounting or finance professional. The completion of these activities will demonstrate a clear understanding of the accounting cycle, journal entries, and the use of spreadsheet tools for financial management. Both problems and supporting documentation are attached and should be reviewed thoroughly to ensure comprehensive understanding and correct application of concepts.

References

  • Garrison, R. H., Noreen, E. W., & Brewer, P. C. (2021). Managerial Accounting (16th ed.). McGraw-Hill Education.
  • Horngren, C. T., Harrison, W. T., & Oliver, M. (2018). Financial & Managerial Accounting. Pearson.
  • Weygandt, J. J., Kimmel, P. D., & Kieso, D. E. (2020). Accounting Principles (13th ed.). Wiley.
  • Wild, J. J., Subramanyam, K. R., & Halsey, R. F. (2019). Financial Statement Analysis (12th ed.). Pearson.
  • Anton, H. (2019). Practical Financial Accounting, Wiley.
  • AccountingTools. (2022). Adjusting Entries: Definition & Examples. https://www.accountingtools.com
  • Investopedia. (2023). Financial Ratios. https://www.investopedia.com
  • American Accounting Association. (2021). Financial Accounting Standards Board (FASB) updates. https://aaahq.org
  • CPA Canada. (2020). Guide to Effective Financial Statement Analysis. https://www.cpacanada.ca
  • Kieso, D. E., Weygandt, J. J., & Warfield, T. D. (2019). Intermediate Accounting (16th ed.). Wiley.

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