These problems use the knowledge acquired from reading in the textbook. This problem helps students comprehend how to apply the concepts read with application. This also tests the student’s knowledge of vocabulary – students are expected to define terms to use them to apply the concepts in exercises and problems.
Problems
Chapter 1, Exercise Set A – textbook (see below login)
EA 1
EA 2
EA 3
EA 5
EA 6
EA 8
EA 9
EA 10
EA 11
Students must create an Excel file to answer these problems – use the textbook as a guide. Use the correct heading and format for the problem assigned. Create one workbook with a worksheet for each problem. SAVE as a PDF entitle the File using your name and the Assignment Title.
See the sources below.
Using Excel to create Financial Statements
Openstax Login
https://openstax.org/
Principles of Accounting Volume 2
Chapter 1
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