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ACCOUNTING PROBLEM- VIADUCT CO.

Posted by:Prof. Lexx Posted on:Jul 7,2016

Accounting Problem- Viaduct Co.

See attached questions and Excel Template to complete the assignment on.

Instructions:

  1. Prepare a work sheet for the fiscal year ending December 31, 2006. List all accounts in order given.
  2. Prepare a multi-step income statement.
  3. Prepare a statement of owner’s equity.
  4. Prepare a report form of balance sheet, assuming that the current portion of the note payable is $15,000
  5. Journalize the adjusting entries.
  6. Journalize the closing entries.

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Prof. Lexx

Overview I have a Bachelor of Arts, majoring in English and minoring in History. I have worked in various fields ranging from academic research to freelance translating to editing to customer support and data entry. These include editing my old university's newspaper as well as co-leading their creative writing team; serving as a junior member in the history department's research network; publishing music and film reviews for several different magazines and webzines; and translating papers and books for numerous researchers in various languages, including Russian, Spanish, and Romanian. I am also a skilled typist, with a rate of at least 70 words per minute, and have myself digitized dozens of books and essays for both private and commercial use. I have a very strong work ethic, and make sure to prioritize the task I am given so that it is completed as quickly as possible. I am organized and disciplined, ensuring a job done professionally and efficiently.

    I have a background of 8 years in writing profession and currently pursuing also as an editor and proofreader. I have a knack for writing and thus, it was obvious to enhance my skills and serve others. Currently joined ‘Member of Association of Professional Writers and Editors’ a

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