Get Solved ACCT 212 Week 6 Course Project Milestone 2 Project Requirement 4-10: Peter s Pool Corporation (PPC)

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Get Solved ACCT 212 Week 6 Course Project Milestone 2 Project Requirement 4-10 Peter s Pool Corporation PPC

 

Course Project Overview

The Course Project consists of 10 Requirements for you to complete. Part 1 of the Course Project is due at the end of Week 4 and Part 2 at the end of Week 6. See the Syllabus section ”Due Dates for Assignments & Exams” for due date information. All of the information you need to complete the Course Project is … in this Workbook.

  • There are eight worksheets in the workbook you will need to complete.
  • A list of July transactions
  • A Chart of Accounts reference sheet
  • A Grading Rubric to help explain what is …
  • Each worksheet has the Check Figures … as a comment.
Scenario

You’ve just secured a new client in your accounting practice, Peter’s Pool Corporation (PPC), a brand-new small business specializing in pool service. The owner, Peter Peck, is a terrific swimmer and pool repair specialist, but definitely not an accountant. Your job is to help Peter put his affairs in order. Luckily, Peter has only been in operation for a month and things have not gotten too out of hand yet! Peter has to submit his financial statements to his 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 PPC.

Requirements

RequirementRequirement DescriptionWorksheet Name
1Prepare the Journal Entries in the General Journal1 – Journal Entries
2Post Journal Entries to the General Ledger2 – General Ledger
3Prepare a Trial Balance3 – Trial Balance
4Prepare the Adjusting Entries4 &5 – Adjusting Entries
5Post Adjusting Entries to the General Ledger4 &5 -Adjusting Entries ( Use worksheet #2)
6Prepare an Adjusted Trial Balance6- Adjusted TB
7Prepare the Financial Statements7 – Financial Statements
8Prepare the Closing Entries8&9 – Closing Entries ( use worksheet #2)
9Post Closing Entries to the General Ledger8&9- General Ledger
10Prepare the Post Closing Trial Balance10 – Post Closing Trial Balance

Guidelines

Use the embedded assistance in the template, guidance in your textbook, and examples in the weekly lectures to complete this project. Should you have any questions contact your professor.

Milestone 1 is due in Week 4 – This includes project requirements 1-3.
Milestone 2 is due in Week 6 – This includes project requirements 4-10.

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