Online College Courses for Credit

ACC 545 Week 3 Assignment Retained Earnings and Owner’s Equity Statement Preparation

ACC 545 Week 3 Assignment Retained Earnings and Owner’s Equity Statement Preparation

Author: l marshall

Click link for download:

Resource: ABC Company History and ABC Financial Data Excel® spreadsheet, and the values from the Week 2 Individual AssignmentPrepare a statement of Retained Earnings and Comprehensive Income using the values from Week 2. • Apply error corrections to the retained earnings statement.• Calculate foreign currency translation.• Apply hedging or derivative transaction into statement.Prepare a Statement of Owner's Equity, referring to the balance sheet results as well as the statements prepared for the Week 2 Individual Assignment.Submit the Statement of Retained Earnings in a Microsoft® Excel® spreadsheet and the Statement of Owner's Equity and Comprehensive Income.The following should be on your excel sheet to properly respond to the above questions:With the general data provided the following Financial Statements for ABC Company:• Statement of Retained Earnings • Statement of Owners Equity • Apply error corrections to appropriate statement • Calculate foreign currency translation and apply to appropriate statement• Apply Hedging/Derivative transaction to appropriate statement

See More
Fast, Free College Credit

Developing Effective Teams

Let's Ride
*No strings attached. This college course is 100% free and is worth 1 semester credit.

46 Sophia partners guarantee credit transfer.

299 Institutions have accepted or given pre-approval for credit transfer.

* The American Council on Education's College Credit Recommendation Service (ACE Credit®) has evaluated and recommended college credit for 33 of Sophia’s online courses. Many different colleges and universities consider ACE CREDIT recommendations in determining the applicability to their course and degree programs.