Basswood Furniture Project Balance Sheet

This light weight wood works very easily with both hand and power tools.

Basswood furniture project balance sheet.

Ian has copies of the balance sheet and income statements figures 16 and 17 in a microsoft word file fr om the. Basswood also can become drawer stock hidden furniture parts and painted items. I have attached the balance sheet and income statement that i submitted. Tell us more about what you need help with so we can help you best.

Everything you need to complete the project is included in this basswood furniture project package. Make sure the total of the debits for the beginning balances in the g l accounts matches the total of the debits on the trial balance and that the total of the credits matches the total of the credits on the trial balance. Basswood furniture project 60 create a post closing trial balance. This is a g l trial balance after you make and post the closing entries compare the balances on the trial balance with the figures in the balance.

The basswood furniture bookkeeping project is designed to simulate the transactions that occur in an office environment. I also have a spreadsheet to show each day where i posted the transactions. In industry it plays a role as boxes and food containers. It cuts cleanly nails screws and glues well though sanding leaves the surface woolly.

The tutor can help you get an a on your homework or ace your next test. You had previously simulated the closing entries on the worksheet to. Basswood furniture project 60 create a post closing trial balance. Can be painted stained and finished without difficulty.

In this project you ll be the bookkeeper for basswood furniture a sole proprietorship that specializes in home furnishings and accessories. This is a g l trial balance after you make and post the closing entries compare the balances on the trial balance with the figures in the balance sheet column of the worksheet. Next you ll record all the indicated transactions into the appropriate journals and post them accordingly. Carvers prefer basswood because it holds detail well doesn t split has straight grain and carves easily.

They usually prefer air dried slow grown northern stock. Basswood furniture exam 390907 balance sheets and income statement. First you ll need to set up the initial books of accounting. Let me ask if you have the basswood furniture project from penn foster.

So many of my gl accounts are wrong so i not sure which ones i should go back to look at. Enter the beginning balances from the g l trial balance in each account.