ACC3300 Excel Spreadsheet Project – Fall 2013

ACC3300 Excel Spreadsheet Project – Fall 2013

On
December 31, 2012, Barker Inc. provided consulting services to Carr Company at
an agreed price of $151,121. Barker
accepted $60,000 down and agreed to accept the balance in four equal
installments of $30,000 to be received each December 31, beginning December 31,
2013. An assumed interest rate of 12% is
imputed.

Instructions:
Using
Excel, prepare the amortization schedule and then record all required journal
entries that would be made by Barker on the following dates (a) December 31,
2012; (b) December 31, 2013; (c) December 31, 2014; (d) December 31, 2015; and
(e) December 31, 2016.

You
will be assessed on the following skills:
(1)
correct data entered,
(2)
correct and accessible formulas,
(3)
column headings and labels,
(4)
titles merged and centered, and
(5)
spreadsheet formatting and printing.

·
Each
student must submit the completed spreadsheet to me by email
·
Include
the following in the subject line of your email: ACC3300 Excel Project Fall 2013, Your Name
·
Failure
to use the appropriate subject line in the email will result in grade reduction
of 1 letter grade.

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550 words
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