The Accounting Cycle Project consists of 10 Requirements for you to complete. All of the information you need to complete the Course Project is located in the attached Excel Workbook.
• There are eight worksheets in the workbook you will need to complete.
• A list of January transactions
• A Chart of Accounts reference sheet
• A Grading Rubric to help explain what is expected.
• Each worksheet has the Check Figures embedded as a comment.
Scenario:
Moonlight Bay Inn is incorporated on January 2, 2017, by its three owners, each of whom contributes $20,000 in cash in exchange for shares of stock in the business. In addition to the sale of stock, the following transactions are entered into during the month of January: (See January Transactions Tab)