Parts 1, 2 and 3 will utilize Microsoft Excel and Microsoft Word.
Part 1: Determine the type of organization you would like for your company (sole proprietor, partnership,
corporation, etc.) and explain the advantages and disadvantages of your selection.
Part 2: Create a chart of accounts for ABC Company using the Excel template provided below.
ACG1001 ABC Company Chart of Accounts.xls
Part 3: Using transactions provided in the worksheet below, complete the following: (1) create journal entries
for your company using the template provided; and (2) complete the Trial Balance at June 30, 2018 using the
same template.
ACG1001 ABC Company Transactions and Trial Balance.xlsx