Prepare the financial statement

It is an introduction to accounting project. The deadline for it is 2nd of November. I am uploading the project file, please check the file and its requirements. let me know if you can help

And the required is;

Note: this task is based on the analysis of very extensive narrative and detailed project documents. The next pages have all the documents that John processed and are kept in a shoebox (use 2 decimal places, if needed round up the figures to the next cent). Students with the last digit being 3, must use 3 as if it were the last digit for all transactions in this part C of the term project.

STEP 1: Prepare the Financial Statements by doing the following:

Check and use the Chart of Accounts provided (do not create new accounts).

Prepare the bank and cash reconciliation for May 31st 2020.

Prepare the General Journal for the month (all journal entries including AJE). Prepare Closing Entries for the month of May to continue with business in the month of June as the next period.

Post all transactions to the T-accounts and prepare a trial balance. Show a detailed balance of each of these accounts for the month of May operations (end of Month),

Prepare the Financial Statements in good form including contingency disclosures that are exclusive of the transactions of this case (do not include general notes). Prepare an Income Statement, a Statement of Owners Equity (Retained Earnings), and a Statement of Financial Position (Balance Sheet). Cash flow statement is not required.

Each General Journal entry should satisfy all formalities (date, explanation, accounts, etc.).

STEP 2: Analyze the financial statements by answering the following questions:

Indicate if the net income of the month is in line with John’s expectations?

Make one clear suggestions of how the business can be improved so John can achieve and surpass his target.

Indicate if John will be able to scale up his operations in another location (Wasaga Beach) during July and August if the lead rider (manager) is to be paid $1,000 per month to operate the business on top of the salary received for the rides he/she provides.

STEP 3: Submit all the 9 items in one word or readable PDF document (no pdf pictures or scans, instead generate the pdf file as a print out of the software you are using: Word, Excel, etc.). Before submitting check that the files have been printed as desired and that the PDF file generated can be read.

Habilidades: Contabilidade, Finanças, Análise Financeira, Financial Accounting

Veja mais: can financial statement data, fsoft financial statement, ptml financial statement, steps in preparing financial statements, preparation of financial statements pdf, how to prepare financial statements from trial balance, financial statements are prepared quizlet, income statement example, internally prepared financial statements, income statement, financial statement worksheet with answers, objective financial statement, financial statement bakeshop, description financial statement balance sheet, financial statement analysis project example, financial statement mitsubishi motors cebu, prepare financial statement ngo, pro data inc financial statement, projects done financial statement analysis, objectives financial statement

Acerca do Empregador:
( 5 comentários ) Toronto, Canada

ID do Projeto: #27929047

Concedido a:


Hi. I am a CPA (USA) and a Chartered Accountant from India with over 10 years of experience in the field of accounting, finance, taxation, budgeting, etc. I have completey read the requirements and can complete the pro Mais

$83 CAD em 2 dias
(6 Comentários)

38 freelancers estão ofertando em média $164 nesse trabalho


Business Analysis ✅ Financial Research✅ Financial Analysis✅ Financial Modeling✅ Accounting✅ Hello, I am one of the top experienced and professional business writer at having successfully completed ove Mais

$200 CAD in 3 dias
(265 Comentários)

Hi there! I am a Chartered Accountant which is equivalent to CPA USA and have an experience of 10 years in the fields of Accounting, Finance, Bookkeeping, Auditing, Taxation, Business Analysis and Business Management. Mais

$200 CAD in 4 dias
(115 Comentários)

Hi, I have gone through the attached contents and understood the requirements. I would love to prepare and deliver this assisgnment for you and I will charge $400 for this. I am an accountant and I have completed many Mais

$400 CAD in 7 dias
(32 Comentários)

Hello, Top of the day. Trust you are doing great. I will like to work with you on your project. I am a Professional Accountant, Researcher and Writer with wealth of experience in report writing, academic writing, fi Mais

$250 CAD in 5 dias
(42 Comentários)

Greetings! I am a qualified accountant with having ten years of experience. I have done many projects like your one. I am glad to offer my quality service to you. feel free to discuss this with me. Thanks & regard, K Mais

$225 CAD in 3 dias
(37 Comentários)

Hi there, It seems like you need attached introduction to accounting project. I can do this for you as I am a qualified accountant. Please drop me a message to discuss in details. Thanks and regards:

$296 CAD in 3 dias
(10 Comentários)

Hi, I have come across your post and would like to offer my services. A bit about myself, my academic qualification is Chartered accountant. For the past seven years I have gained considerable experience using various Mais

$30 CAD em 1 dia
(23 Comentários)

Hello, I am expert in Accounting. I can help you in your project. I have done Accounting project. Please have a look: Looking forw Mais

$100 CAD in 5 dias
(18 Comentários)

Hi! I can surely assist you with your financial statement task. I am an experienced business writer and financial analyst. I'm a graduate in business management, Masters in finance from Staffordshire University, Un Mais

$300 CAD in 3 dias
(12 Comentários)

Hi there, I have gone through the project details and I am very interested in this project. About me : I am an ACCA Qualified and also pursuing Chartered Accountancy -Final course (India). Besides this, I also hold Ad Mais

$200 CAD in 5 dias
(15 Comentários)

Hello. I am certified chartered accountant having 7 years’ practical experience in the field of Accounting/Business valuation/Business report writing/Process Flow Designing /Financial statements/Bookkeeping/Reconcilia Mais

$100 CAD in 4 dias
(5 Comentários)

Hi, hope so you are good. I am Chartered Accountant (Finalist) and working in an reputed audit firm. I have command over accounting and audit. Preparation of Accounts is my daily routine work. I will share my previous Mais

$30 CAD em 1 dia
(2 Comentários)

Need 1 page proposal writing ASAP This project is my strength and I can fulfill your requirements properly within your given deadline. I always give plagiarism-free work to my clients at very competitive prices. I hav Mais

$30 CAD em 1 dia
(10 Comentários)

Hi. I am an expert in Accounting and can do all those questions before Nov 2 just as you instructed. I am working on the 1st question: Prepare the bank and cash reconciliation for May 31st 2020, to provide you with a s Mais

$75 CAD in 7 dias
(1 Comentário)

Hi Article writer360,I see that you are looking for a seasoned skills including financial statement , SPSS Statistics, Statistical Analysis, Statistics, Mathematics, and Research Writing. I sincerely hope that my work Mais

$100 CAD in 3 dias
(2 Comentários)

Hi, I am a Chartered Certified Accountant (ACCA) and also a Quickbooks Certified ProAdvisor. I am experienced working with Xero, Wave, Quickbooks (online & desktop), Freshbooks, Roughneck and other accounting software Mais

$250 CAD in 7 dias
(3 Comentários)

Dear esteemed client; I am a professional accountant cum economist, a tutor, financial and data analyst and a management accountant. My expertise cuts across financial statements preparation and analysis and as well a Mais

$30 CAD em 1 dia
(1 Comentário)

Hello there !! NICE GREETINGS!!! I have gone through your project and precisely understood. I am ready do your job right now. I will able to accomplish your perfectly. As I am good at English feel free to knock me Mais

$150 CAD in 3 dias
(1 Comentário)

Greetings! I am an MBA in Finance and I can help you with corporate finance related articles and assignments. Can you please share the brief so that I have an idea about the actual requirements. thank you.

$50 CAD in 2 dias
(0 Comentários)

I have the experience of doing such projects. I did lot of such kind of assignments on fiverr. link is provided below. Certified Quickbooks expert with more than 5 years of experience in accounting and bookkeeping. He Mais

$200 CAD in 4 dias
(0 Comentários)