ACC3300 – Intermediate Accounting I

ACC3300 – Intermediate Accounting I

Subject: Business / Accounting
Question
ACC3300 – Intermediate Accounting I
Practice Assessment
Spring 2017
Please use the following adjusted Trial Balance for Great Adventures, Inc. to complete
this assignment. Assume that Great Adventures, Inc. began its operations on January 1, 2017.
There were no identifiable transactions in 20016.
You are asked to prepare the following statements: Income Statement for the year ending December 31, 2017
Statement of Retained Earnings for the year ending December 31, 2017
Statement of Stockholders Equity for the year ending December 31, 2017
Balance Sheet at December 31, 2017
Statement of Cash Flows for the year ending December 31, 2017 Please prepare each statement on a separate tab in an Excel spreadsheet workbook. Please
name the workbook beginning with your last name then first initial followed by Practice
Assessment ACC3300Spring 2017 (as an example, I would name my file submission as
JacksonT Practice Assessment ACC3300 Spring 2017).
This assignment is to be submitted using Blackboard on or before May 4, 2017. Thank you for your attention to this assignment. Note that it is to be submitted using
Blackboard on or before May 4, 2017. Please let me know if you have questions, need additional
information or explanation, or would like to discuss the assignment further.
Thomas A. Jackson, CPA
Lecturer – Accounting
Davies College of Business
University of Houston – Downtown