XXVIII
Use the following instructions as a guide in preparing a special report on a business with which you are familiar, either by experience or through investigation.
(a) Write a short history of the business, giving:
- 1. Title.
- 2. Character of business in which engaged.
- 3. Date of beginning and amount of capital invested.
- 4. Successive changes affecting:
- The ownership (individual, partnership, or corporate).
- The amount of capital.
- The character of the business in which engaged.
(b) Submit:
- 1. A trial balance at the close of a fiscal period.
- 2. A balance sheet for the same period.
- 3. A profit and loss statement for the same period.
- 4. Adjusting and closing journal entries for the same period.
- Note: If possible, give 1, 2, 3, for two successive periods
- and prepare a comparative balance sheet and profit and loss
- statement.
(c) Prepare:
1. A list of the different books and blanks used to record the financial transactions.
2. A sample page or blank or a copy of each item listed under 1.
Note: If the copy should require a great deal of space, simply give the form of ruling, headings, and size of page.