Complete requirements 1 through 3 of Jane’s Skateboard’s Case for the first milestone of the course project.
Complete requirements 1 through 3 of Jane’s Skateboard’s Case for the first milestone of the course project. In Part 1 ONLY you can use the T-Accounts for posting Journal Entries or the General Ledger page. In Part 2 you will be required to use the General Ledger.
You should watch the videos in the Content tab above, under Week 2, to assist you in preparing this assignment. In addition, read the information in the attached help file.
Please note that the journal entries for this project are not exactly the same as the ones in the demo video. Think them through and you will be fine.
You will use the Excel Project Template for Jane’s Skateboards attached below.
DO NOT change the Excel template drop-down menus or formulas that are already in the template. Do not delete any of the tabs. Do not convert the Excel file to an Apple numbers file.
Save your file as “LastnameFirstinitial-ACCT105-M1.”
Submit your work by midnight ET on Day 7 (Sunday).
**NOTE: Please make sure you review the instructions in the Excel template, so you do not miss any requirements.
Grade
Homework Problems Grading Criteria
90-100%
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Assigned exercises/problems are completed in full.
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Work demonstrates effective application of the concepts/principles covered in the chapter.
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Work thoroughly explains answers and calculations.
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Solutions are calculated with no errors or insignificant errors.
80-89%
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Assigned exercises/problems are completed in full or are significantly complete.
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Work demonstrates effective application of most concepts/principles covered in the chapter.
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Work thoroughly explains most answers and calculations.
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Solutions are calculated with insignificant errors.
70-79%
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Assigned exercises/problems are mostly complete.
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Work demonstrates effective application of some concepts/principles covered in the chapter.
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Work explains some answers and calculations.
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Solutions are calculated with significant errors.
60-69%
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Assigned exercises/problems are fairly complete.
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Work demonstrates effective application of a few concepts/principles covered in the chapter.
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Work explains a few answers and calculations.
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Solutions are calculated with significant errors.
0-59%
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Assigned exercises/problems are less than 50% complete.
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Work does not demonstrate effective application of the concepts covered in the chapter.
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Work submitted does not thoroughly explain answers and calculations.
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Solutions are not calculated or are calculated with significant errors
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