Web Project _2 - prepare a personal balance sheet as of...

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ACC 310F, Project #2 Group Members You must have betw een 3-5 group members per team List alphabetically by last name: last name, first name #1 #2 #3 #4 #5 P2 The objective of this project is for you to update and analyze your personal cash budget and personal balance sheet. For your updated cash budget, you should list your March 2008 budget amounts from Project #1 and then prepare a budget report by adding a column for your actual cash amounts from March followed by a column that notes the differences from planned amounts. After you complete your updated cash budget report, you should combine your results with those of your group members; in doing so, you should aggregate the details into related categories as done in Project #1. You should then review the combined cash budget report and comment and explain any significant dollar amount differences from planned cash amounts. For your updated balance sheet, you should list your personal balance sheet from Project #1 and then
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Unformatted text preview: prepare a personal balance sheet as of March31, 2008. As done in Project #1, your individual balance sheet should list assets and liabilities in detail. After you have completed your updated individual balance sheet you should combine your results with those of your group members; in doing so, you should aggregate the details into related categories as done in Project #1. You should then review the combined balance sheet from February 2008, compare it to the combined balance sheet for March 2008 and comment on how your financial situation has changed. Your group should print and complete this cover page and then attach your combined cash budget report with related commentary, your combined balance sheets with related commentary followed by your individual reports. You will have class on Thursday, April 10 th to work with your group and ask questions as needed. The project is due at the start of class on Tuesday, April 22 nd ....
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This note was uploaded on 08/31/2009 for the course ACC 310F taught by Professor Verduzco during the Fall '07 term at University of Texas at Austin.

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