ACCT 212 Week 6 Course Project: Bethany’s Bicycle Corporation (BBC)
The Course Project has 10 requirements for you to complete. The Course Project is due at the end of Week 6. See Syllabus/”Due Dates for Assignments & Exams” for due date information. The Course Project template has all of the information you will need to complete the project. The template also includes:
- Detailed Project Instructions with requirements
- A reference list of October 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
Download the Excel template named ACCT212_CourseProject located on the Files section of the Course Menu. To complete the Course Project (due at the end of Week 6):
- Complete Requirements 1-10 on the worksheets.
- Type your work directly into the worksheets.
- Save your workbook as “CourseProject_ ACCT212_YourLastName”.
- Don’t forget to submit your workbook by the end of Week 6.
Name: Jennifer Lucas
Status: Online ⬤
Classes Taken: 3878
You’ve just secured a new client in your accounting practice, Bethany’s Bicycle Corporation (BBC), a brand new small business specializing in bicycle repair. The owner, Bethany Beck, is a terrific cyclist and bike repair specialist, but definitely not an accountant. Your job is to … Bethany put his affairs in order. Luckily Bethany has only been in operation for a month and things have not ……. too out of hand yet! Bethany has to submit his financial statements to her investors and doesn’t know where to begin. It’s your job to go through the complete Accounting cycle to prepare the financial statements for the BBC.
|Requirement||Requirement Description||Worksheet Name|
|1||Prepare the Journal Entries in the General Journal||1 – Journal Entries|
|2||Post Journal Entries to the General Ledger||2 – General Ledger|
|3||Prepare a Trial Balance||3 – Trial Balance|
|4||Prepare the Adjusting Entries||4 – Adjusting Entries|
|5||Post Adjusting Entries to the General Ledger||2 – General Ledger|
|6||Prepare an Adjusted Trial Balance||5 – Adjusted TB|
|7||Prepare the Financial Statements||6 – Financial Statements|
|8||Prepare the Closing Entries||7 – Closing Entries|
|9||Post Closing Entries to the General Ledger||2 – General Ledger|
|10||Prepare the Post Closing Trial Balance||8 – Post Closing Trial Balance|