| Introduction |
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| Welcome to the world’s first ePractice case, an individualized, internet generated and |
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| and graded case study that focuses on the analytically portion of the accounting cycle. |
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| All sheets have been locked to protect the “HELP” messages built into this case. Enter the required |
| data into the yellow filled cells on the General Journal, Worksheet and Financial Statement sheets. |
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| The Chart of Accounts includes all of the accounts that you can use to solve your case. |
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| You may want to print the chart of accounts and use it as an easy reference guide. |
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| Journalizing the Transactions |
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| Using your unique transactions record the corresponding general journal entry, rounding to |
| two decimal places, =Round(value,2). |
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| Using the Worksheet as a reference, prepare the Income Statement, Statement of |
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| Changes in Owner’s Equity and the Balance Sheet. |
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| Record the closing entries to the Income Summary and then the capital accounts. |
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| Upload the File. |
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| Classy, when you are ready to have your work graded you will upload your file |
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| CJ1486.xls, CJ1486.xlsx or CJ1486.xlsb from the bottom of the the same screen that the project |
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| was downloaded from. If you have a problem uploading see FAQ 01. |
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| You will be graded on the Journal Entries and the three financial statements. The project |
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| will be computer graded, therefore make sure all numbers are in the appropriate cells. The |
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