SLP 2 Principles of Accounting

SLP 2 Principles of Accounting - TRIDENT UNIVERSITY...

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TRIDENT UNIVERSITY INTERNATIONAL Dean J. Keveles Module 2 Session Long Project ACC403 - Principles of Accounting Dr. Eugene Nesbitt May 15, 2011
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The organization I selected for my Session Long Project is the United States Field Artillery Association (USFAA), located on Fort Sill, Oklahoma. The USFAA is a non-profit organization that provides sales of individual and corporate memberships and products to support funding of five separate programs and four special projects. Besides the sales of memberships to this organization, they sell many products which fosters and preserves the spirit, traditions and solidarity of the Field Artillery. The activity I selected for this module is the USFAA Party Kooler, which is a collapsible tub cooler, and sells for $20.00 each. This product can be found and purchased in the USFAA gift shop on Fort Sill, as well as ordered online, through the organization's website at http://www.redlegoutpost.com/isles/association_app.htm. Sales for this product from January 1, 2010 to December 31, 2010 was 13, generating a revenue of $260.00. Being that the product costs the USFAA $10.49 each, which includes shipping and handling, to purchase from the
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SLP 2 Principles of Accounting - TRIDENT UNIVERSITY...

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