(Done Paper) Referencing Styles : APA 1. Provide adjusting journal entries for the above transactions, which have not yet been recorded. Attach a list of descri

//(Done Paper) Referencing Styles : APA 1. Provide adjusting journal entries for the above transactions, which have not yet been recorded. Attach a list of descri

(Done Paper) Referencing Styles : APA 1. Provide adjusting journal entries for the above transactions, which have not yet been recorded. Attach a list of descri

1. Provide adjusting journal entries for the above transactions, which have not yet been recorded. Attach a list of descriptions explaining each of the entries. Show any calculations. (26 marks)2. Show the effects of the adjusting entries on net earnings and cash. If there is no cash flow effect, list as ‘none’. Enter any decreases to account balances with a minus sign. (6 marks)3. Prepare a multi-step income sta … View More 1. Provide adjusting journal entries for the above transactions, which have not yet been recorded. Attach a list of descriptions explaining each of the entries. Show any calculations. (26 marks) 2. Show the effects of the adjusting entries on net earnings and cash. If there is no cash flow effect, list as ‘none’. Enter any decreases to account balances with a minus sign. (6 marks) 3. Prepare a multi-step income statement for the year ended December 31, 2015. (See page 41 of your textbook for an example.) (33 marks) 4. Disclose earnings per share on your income statement and, in a footnote, show your calculations. (2 marks) 5. Prepare an adjusted trial balance as at December 31, 2015. (15 marks) 6. Prepare a classified statement of financial position as at December 31, 2015. (See page 40 of your textbook for an example.) (44 marks) 7. Prepare the closing entries as at December 31, 2015. (10 marks) 8. Marks will be awarded based on the quality and presentation of the report. (10 marks) (Total = 146 marks/100%) Note: Each student is required to submit a hard copy of their group’s solution Read Less

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By | 2018-08-25T18:41:58+00:00 August 25th, 2018|Business|0 Comments

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