| Deeqa Omar |
| MBA6014 Financial Accounting |
| Unit 1 Assignment 1 |
| Financial Statement Overview |
| Activity Instructions |
| This assignment provides you the opportunity to prepare basic financial statements and apply the knowledge learned in Unit 1 to locate financial information in a set of financial statements. Complete P1-1 (page 33) and CP1-2 (page 37) from Chapter 1 of yourFinancial Accountingtextbook. |
| Submission Requirements |
| All quantitative assignments must be completed in the Microsoft Excel templates provided. Create one workbook with multiple tabs, copying each problem’s template onto a separate tab and completing the work there. Submit this single file in the assignment area. Include your name and the assignment number in the file name; also include your name and the problem number on each tab of the document. |
| All work should be shown. Assignments must not be submitted as a PDF. |
| Deeqa Omar |
| MBA6014 Financial Accounting |
| Unit 1 Assignment 2 |
| The Effects of Transactions in T-Accounts |
| Activity Instructions |
| The ability to determine the financial impact of transactions is an important skill that all business professionals should possess. T-accounts provide a valuable tool for analyzing the effects of transactions. This assignment provides you the opportunity to analyze various transactions using T-accounts and utilize the information to prepare a classified balance sheet. In addition, you will utilize the new concepts learned in this chapter to further analyze the financial statements of Urban Outfitters. |
| Complete P2-3 (pages 88–89) and CP2-2 (page 93) from Chapter 2 of your Financial Accounting textbook. |
| Submission Requirements |
| All quantitative assignments must be completed on the Microsoft Excel templates provided. Create one workbook with multiple tabs, copying each problem’s template onto a separate tab and completing the work there. Submit this single file in the assignment area. Include your name and the assignment number in the file name; also include your name and the problem number on each tab of the document. All work should be shown. Assignments must not be submitted as a PDF. |
| All work should be shown. Assignments must not be submitted as a PDF. |
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