Note: This is a two part assignment; both parts need to be submitted for grading.
The Bank Reconciliation
Review the transactions and financial position of Gooseberry Inc. for May 31 in the Excel Template.
- Prepare the bank reconciliation.
- Prepare the journal entries.
The Allowance Method and Notes Receivable
Review the transactions and financial position of Outfitters Supply Co. in the Excel Template.
- Journalize the transactions, omitting explanations.
Submit your completed assignment to the drop box below. Please check the Course Calendar for specific due dates.
Save your assignment as an Excel document. (Mac users, please remember to append the “.xlsx” extension to the filename.) The name of the file should be your first initial and last name, followed by an underscore and the name of the assignment, and an underscore and the date. An example is shown below: