Student Assessment Checklist, v1 Accounting Project

Student:________________________ Class:_________
The student should have the following entries in their
workbook:
1-Chart of Accounts tab:

Points
__ of 10

2-General Journal tab:

__ of 15

Total Debits (D163) should EQUAL Total Credit (E163) = $22,835

3a-General Ledger tab:

Totals
Total Debit
(S24) =
Total Credit
(S25) =

$41,3
35
$41,3
35

__ of 25
Account
Assets

Cash (B37)
Cash, Savings (F37)
Dogs for Sale (J37)

Equity

Owner's Capital
(C64)
Owner's Distribu.
(G64)

$18,255
(Cr)
$1,500
(Dr)

Sales Dogs (C81)

$1,800
(Cr)

Sales - Store Items

(G81)

$6,700
(Cr)

Cost of Dogs (B95)

$925
(Dr)
$700
(Dr)
$2,000
(Dr)
$800
(Dr)

Revenue
s

Expenses

Balance
$9,460
(Dr)
$9,220
(Dr)
$2,425
(Dr)

Bedding (N95)
Payroll (B107)
Accounting Serv.
(R107)

(NOTE, not all accounts are shown)

4-Income Statement and 4a-Balance Sheet tab:

Income Statement
Total Revenue (B7) =
$8,520
Total Expenses (B21) =
$7,265
Net Income (B24)
=
$1,255

Balance Sheet
Total Assets (B10)
=
$21,205
Total Equity (B24)
=
$18,255
Total Liabilities + Equity (B27) =
$21,205

__ of 25

Student Assessment Checklist, v1 Accounting Project

Student:________________________ Class:_________
5-Closing Entries:
Total Debit
(S19) =
Total Credit
(S20) =

__ of 25

$59,8
75
$59,8
75

5a-Post-Closing Trial Balance tab:

Account
Cash (C4)
Cash, Savings (C5)
Dogs for Sale (C6)
Accounts Receivable
(C7)
Accounts Payable
(C8)
Owner's Capital (C9)
ALL other accounts

Balance
$9,460
(Dr)
$9,220
(Dr)
$2,425
(Dr)
$100 (Dr)
$2,950
(Cr)
$18,255
(Cr)
$0

TOTAL

___ of
100