ACC 308 Final Project Workbook.xlsx - Southern New Hampshire University ACC 308 Intermediate Accounting II MILESTONE 1(Due in Module 3 MILESTONE 2(Due

ACC 308 Final Project Workbook.xlsx - Southern New...

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Southern New Hampshire University ACC 308 - Intermediate Accounting II 1. 1. Adjusting Entries Pro Forma Income Statement Adjusted Trial Balance Pro Forma Balance Sheet 2. Revised Balance Sheet Revised Statement of Cash Flows 3. Current Ratio (Working Capital ) Quick Ratio A/R Turnover Inventory Turnover Gross margin Return on Sales Return on Equity Return on Assets MILESTONE 1 (Due in Module 3) MILESTONE 2 (Due in Module 5) For full instructions see Instructions Milestone 1 page For full instructions see Instructions Milestone 2 page Using the Peyton Approved financial data, create: Using the given Pro Forma information, create: Using the Trial Balance and Preliminary financial statements, prepare: Remember the written portion of the Milestone! See the Milestone 2 Assignment Guidelines and Rubric document. Statement Using the financial statements from 2015, 2016, and revised 2017, calculate the following ratios: Trial Balance Ratio Analysis Revised Financial Statements Instructions Milestone 1
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Remember the written portion of the Milestone! See the Milestone 1 Assignment Guidelines and Rubric document.
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Pr Instr
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Southern New Hampshire University ACC 308 - Intermediate Accounting II IMPORTANT NOTE: Use the data from this Milestone and begin working on your final presentation due in Final Project (Mo GENERAL Using the Peyton Approved financial data (see bottom of page): Create the necessary adjusting journal entries. Use the REF column to reference the entry to each Complete the adjusted trial balance REVISED FINANCIAL STATEMENTS Using the preliminary financial statements (yellow tabs) and the Trial Balance 2017, prepare the Current Ratio (Working Capital ) Quick Ratio A/R Turnover Inventory Turnover Gross margin Return on Sales Return on Equity INSTRUCTIONS FOR MILESTONE 1 (Due Module 3) Make sure to completely review the Rubric for Milestone 1 ITEMS TO COMPLETE FOR THIS MILESTONE (Blue Tabs) : You just began a position as a financial accountant at Peyton Approved. In this role, your first task is to prepa financials for the year-end audit. Additionally, the company is interested in expanding its business within the your support in assessing their ability to meet their goals. TRIAL BALANCE 2017 TAB Balance Sheet (BS 2017 Revised tab) Income Statement (IS 2017 Revised tab) Retained Earnings Statement (RE 2017 Revised tab) Statement of Cash Flows (CF 2017 Revised tab) RATIO ANALYSIS Using the revised 2017 financial statements, 2016 financial statements (orange tabs), and 2015 fi (orange tabs), prepare a ratio analysis with the following ratios:
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Return on Assets PEYTON APPROVED FINANCIAL DATA 2. At 12/31/17, Peyton has $200 worth of merchandise on consignment at Bruno’s House of Baco Preliminary Financial Statements have already been prepared (2017 statements in the Final Projec adjusting entries have not yet been made. See table for possible adjustments that indicate what w 12/31/17 (fiscal year end). Use the following to complete year-to-year documentation and notes f depreciation, inventory, and long-term debt.
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