Hello there, I will upload a file in a minute. Give me a moment please. Thank you!
User_28229 | Mar 12, 2021, 03:23 AM

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Alright. Thankyou. I will deliver great paper
firstclass | Mar 12, 2021, 03:25 AM

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I upload it. I hope I give you enough info for this assignment. Let me know if I'm missing something.
User_28229 | Mar 12, 2021, 03:34 AM

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Just let you know I would love to open my own real estate business.
User_28229 | Mar 12, 2021, 03:35 AM

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Yes , Thankyou very much
firstclass | Mar 12, 2021, 03:40 AM

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I was going through the attachments and found them helpful and I will promptly deliver a great solution. Thanks
firstclass | Mar 12, 2021, 03:48 AM

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Uploaded the business idea. Kindly review it ..Thanks
firstclass | Mar 14, 2021, 19:48 PM

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Hello there friend.
firstclass | Mar 17, 2021, 00:57 AM

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Hello there, do you think coffee shop involves in real estate?
User_28229 | Mar 17, 2021, 08:52 AM

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hello, to me its fairly fine unless you had a different opinion friend.
firstclass | Mar 17, 2021, 09:36 AM

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Hello, am so open and willing to improve on your assignment for free. Let me know what you need adjusted to make it better friend. Regards
firstclass | Mar 17, 2021, 10:07 AM

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Hello there, will you please help me with the response to student's comments?
User_28229 | Apr 02, 2021, 03:01 AM

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Yes I will where is the project ?
firstclass | Apr 02, 2021, 03:02 AM

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It is not project but a response to students comment.
User_28229 | Apr 02, 2021, 03:04 AM

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this is a student comment :
User_28229 | Apr 02, 2021, 03:04 AM

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Yes okay.. will you mind to post it please ? I am here to help asap
firstclass | Apr 02, 2021, 03:05 AM

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Okay bring it up
firstclass | Apr 02, 2021, 03:06 AM

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The accounting cycle is a nine-step process business, both small and large, uses to compile all of the necessary information to prepare important financial statements. Financial statements are accurate records of financial activity in the business. The accounting cycle ensures the consistency and accuracy of financial statements. Step 1- Analyze transactions: In this step, you will collect all transactions recorded for analysis that affect your business’s financial position. This includes all-cash sales, all purchases, anything measurable. Step 2-Journalize the transactions: In this step, record the transactions in the journal. This will give a glimpse of the amount of cash on hand at any given point. Step 3-Post the journal entries: You need to consolidate all of your raw data into one master source. The ledger contains all your transactions and events, as well as a chart of accounts that tracks assets, liabilities, equity, revenue, and expenses.
User_28229 | Apr 02, 2021, 03:07 AM

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Step 4 -Prepare a worksheet: Now it is time to measure your unadjusted trial balance. This tells you the balances for each of your ledger accounts at the end of your reporting period. You will go through the debits and credits in your ledger and make sure they balance out. Step 5- Prepare financial statements: The steps above get everything in order to complete most financial statements: the income statement, balance sheet, cash flow statement, and owner’s equity statement. Step 6- Journal and post adjusting entries: The adjusted trial balance provides another opportunity to double-check your work and make sure everything is accurate.
User_28229 | Apr 02, 2021, 03:08 AM

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How many words response?
firstclass | Apr 02, 2021, 03:08 AM

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Step 7- Journal and post-closing entries: This is where you get to actually “close your books.” you move balances from temporary accounts, like revenues, expenses, and dividends, to permanent accounts, like an income summary. Step 8-Prepare a post-closing trial balance: This will ensure that the debits and credits in your post-closing trial balance match up. The only difference here is that instead of temporary accounts, this balance consists only of permanent accounts like assets, (Links to an external site.)liabilities, and owner’s equity. Step 9- Interpret the financial information: Use the financial statements to be able to communicate and make important financial decisions. It can help handle accounting activities. It also helps to ensure consistency, accuracy, and efficient financial performance analysis.
User_28229 | Apr 02, 2021, 03:08 AM

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one paragraph or less.
User_28229 | Apr 02, 2021, 03:10 AM

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That's up to you.
User_28229 | Apr 02, 2021, 03:10 AM

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This is another student comment:
User_28229 | Apr 02, 2021, 03:11 AM

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Step 1 would be to analyze the transaction, finding the transaction how, when, why did it happen and understanding the fundamental value of that specific transaction. Do not over think it but when we see 1 transaction, question if it make sense of the cost and how did it get on paper correctly or not. Step 2 to journalize it means to transfer over to next step, transferring it into a journal which is a recorded transaction on a more permanent process. Step 3 would be to post the journalized entries, which we will transfer the data from the journal to a general ledger which will help keep financial record of every transaction and how does the money move around.
User_28229 | Apr 02, 2021, 03:11 AM

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Step 4 is to prepare the worksheet using a trial balance and crediting and debiting all accounts for each and every asset and liabilities of the process. Understanding the movement of the money and gaining financial asset and liabilities of the corporation. Step 6 is to post the adjusting the journalized entries which any and all mistakes made from the time period, would be corrected for a more corrected balance.
User_28229 | Apr 02, 2021, 03:12 AM

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Step 7 is to journalized the closing entries to verify all zeroed out entries without leaving a single cent out of place. Step 8 is postclosing trial balance which is to verify the zeroed out accounts. Step 9 is to interpret the transaction and verify the notation by which it happen. Going back to Step 1 which we understand the transaction, step 9 will be noting it permanently.
User_28229 | Apr 02, 2021, 03:13 AM

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follwing sent them all
firstclass | Apr 02, 2021, 03:15 AM

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okay. when do you need it and are you supplementing to pay me friend?
firstclass | Apr 02, 2021, 03:19 AM

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How fast do you need it please good friend
firstclass | Apr 02, 2021, 03:25 AM

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today or tomorrow
User_28229 | Apr 02, 2021, 03:26 AM

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Let me give you tommorrow before noon. Are you paying for it please? let me know am ready to help you either way
firstclass | Apr 02, 2021, 03:40 AM

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great thank you
User_28229 | Apr 02, 2021, 06:57 AM

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Hello, I have completed the responses but you have not updated me how much you are willing to compensate me and how you will pay for it now that you have not posted the task. Please respond so that I can share it to you......Thanks
firstclass | Apr 02, 2021, 23:55 PM

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I sent it to you on message.
User_28229 | Apr 03, 2021, 02:22 AM

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okay. I have finished the replies. Can you post it with your option then I upload it for you.
firstclass | Apr 03, 2021, 02:26 AM

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Unless you had another opinion away from mine.
firstclass | Apr 03, 2021, 02:26 AM

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i have different opinion. Post it please
User_28229 | Apr 03, 2021, 02:28 AM

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Then you know thats infridgement of company rules and I may be penalted for that? in your option how will you pay me for the work?
firstclass | Apr 03, 2021, 02:30 AM

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Reply student one I have to note that your discussion is well organized and informative. Your points are well well discussed and needs no objections. One important role of having the nine-step accounting cycle in an accounting department is the attention to detail each transaction gets in terms of analysis and recording. Every transaction made, whether money spent or received, is analyzed so the accountant knows the exact amount, the purpose of the transaction and the date and time of the transaction and also has documented proof it took place. The first two steps of the cycle deal with collecting, analyzing and recording the data so the company is prepared should a customer or client inquire about a specific transaction. Ensuring the accuracy of the transaction is also beneficial for when you create annual budgets and reports. Going through your points and discussion has widely enriched my knowledge. well done classmate.
firstclass | Apr 03, 2021, 02:38 AM

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Replies student two I agree with you that step 1 through to step 9 is very important to every organization. This is because at the end of a fiscal period, the accounting department must prepare a financial annual report for investors and shareholders. The accounting cycle ensures the data presented in the report is organized and accurate, as step seven of the report involves creating financial statements covering the company’s fiscal year. The financial statements must be prepared in a certain order to ensure accuracy. The income statement must be prepared first, followed by the retained earnings. A balance sheet and cash-flow statements must be made third and fourth in the financial statement process
firstclass | Apr 03, 2021, 02:39 AM

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How do I give bonus? And thank you so much.
User_28229 | Apr 03, 2021, 02:43 AM

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Most welcome Suyong. you could have posted it as a new project names Firstclass with a budget of 15$ then I would have uploaded the solution and get a good review from you. I am here also to help you again and again.
firstclass | Apr 03, 2021, 02:46 AM

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I have never given a bonus by a client so I may not know about it. sorry
firstclass | Apr 03, 2021, 02:47 AM

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Will you do so? just open this project and see if there is bonus option.
firstclass | Apr 03, 2021, 02:57 AM

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hello there
firstclass | Apr 03, 2021, 03:12 AM

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Okay. Thankyou.
firstclass | Apr 03, 2021, 03:29 AM

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