{"id":132226,"date":"2023-08-20T06:42:48","date_gmt":"2023-08-20T06:42:48","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/milestone-one-accounting-accounting-southern-new-hampshire-university\/"},"modified":"2023-08-20T06:42:48","modified_gmt":"2023-08-20T06:42:48","slug":"milestone-one-accounting-accounting-southern-new-hampshire-university","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/milestone-one-accounting-accounting-southern-new-hampshire-university\/","title":{"rendered":"Milestone one – accounting | Accounting | Southern New Hampshire University"},"content":{"rendered":"
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Overview<\/h2>\n

In previous modules, you examined the initial stages of the accounting cycle and practiced journalizing financial transactions. In Milestone One, you will complete the first part of your course project to demonstrate your ability to accurately record financial data, which will continue to be used to complete other parts of the project.<\/p>\n

Scenario<\/h2>\n

You are a certified public accountant (CPA) who is working with a small bakery to prepare their financial statements for three months of the current fiscal year. Because the company is a startup and so small, the accounting is done manually in Microsoft Excel. You have been given the accounts and information you need to prepare their financial statements, but you will need to use the accounting cycle to report accurate information to the finance department.<\/p>\n

Prompt<\/h2>\n

Record Financial Data<\/strong>: Use accepted accounting principles to accurately capture business transactions for October, November, and December in the Company Accounting Workbook Template Spreadsheet<\/a>\u00a0using the data provided in the Accounting Data Appendix Word Document<\/a>.<\/p>\n

Specifically, you must address the following rubric criteria:<\/p>\n