(Answered) Bookkeeping projectthe purpose of this memorandum is to

Accounting

Bookkeeping Project

The purpose of this memorandum is to provide clarity and expectations regarding the bookkeeping project.

Background

Adrenaline Junkies Rafting (AJR) is a local provider of white-water rafting trips. AJR has been in business for five years and is a sole proprietorship. The owner, Bill Flip, has asked you to take on the responsibility of maintaining the business books.

Project Instructions

1. Open T accounts for all of the accounts on the May 31, 20xx trial balance.

2. Post the June transactions and adjusting entries to the T accounts.

3. Prepare an adjusted trial balance after you have posted all of the transactions.

4. Prepare an income statement and balance sheet for the month ended June 30, 20xx.

Submission Instructions

Submit the adjusted trial balance, income statement and balance sheet you have prepared on either MS Excel or MS Word or similar program (i.e. Open Office, Lotus 1-2-3, etc.) Submit your file through Moodle at the appropriate link.

Attachment:- Assignment Files.rar

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