TUGAS MATA KULIAH: AKUNTANSI PENGANTAR - BAB 2

NAMA:
NIM:
KELAS:

After researching the different forms of business organization. Natalie Koebel decides
to operate “Cookie Creations” as a proprietorship. She then starts the process of getting
the business running. In November 2016, the following activities take place.
1. Nov. 8 Natalie cashes her U.S. Savings Bonds and receives $520, which she
deposits in her personal bank account.
2. 8 She opens a bank account under the name “Cookie Creations” and transfers
$500 from her personal account to the new account.
3. 11 Natalie pays $65 for advertising.
4. 13 She buys baking supplies, such as fl our, sugar, butter, and chocolate chips, for
$125 cash. (Hint: Use Supplies account.)
5. 14 Natalie starts to gather some baking equipment to take with her when
teaching the cookie classes. She has an excellent top-of-the-line food processor
and mixer that originally cost her $750. Natalie decides to start using it only in
her new business. She estimates that the equipment is currently worth $300. She
invests the equipment in the business.
6. 16 Natalie realizes that her initial cash investment is not enough. Her
grandmother lends her $2,000 cash, for which Natalie signs a note payable in the
name of the business. Natalie deposits the money in the business bank account.
(Hint: The note does not have to be repaid for 24 months. As a result, the note
payable should be reported in the accounts as the last liability and also on the
balance sheet as the last liability.)
7. 17 She buys more baking equipment for $900 cash.
8. 20 She teaches her fi rst class and collects $125 cash.
9. 25 Natalie books a second class for December 4 for $150. She receives $30 cash in
advance as a down payment.
10. 30 Natalie pays $1,320 for a one-year insurance policy that will expire on
December 1, 2017.

Instructions
(a) Prepare journal entries to record the November transactions.
(b) Post the journal entries to general ledger accounts.
(c) Prepare a trial balance at November 30.

This is, all About You

Every company needs to plan in order to move forward. Its top management must
consider where it wants the company to be in three to fi ve years. Like a company, you
need to think about where you want to be three to fi ve years from now, and you need
to start taking steps now in order to get there. Instructions Provide responses to each of
the following items.
(a) Where would you like to be working in 5 to 10 years? Describe your plan for getting
there by identifying between five and 10 specific steps that you need to take.
(b) In order to get the job you want, you will need a résumé. It needs to provide
relevant and reliable information about your past accomplishments so that employers
can decide whether to “invest” in you. If you have to write about your CV for your
dream job, what it would be like?