Solved by verified expert :IT Project Description
You are given
information about Doha Company which is a service company located in Qatar. You
are expected to analyze, record and communicate that information by using Microsoft
Excel. You will need to complete the accounting cycle in the following order:
a) Prepare journal entries in the general journal.
b) Post the entries to the general ledger.
c) Prepare the income statement, statement of changes in owners’ equity
and balance sheet.
Please note that you will be expected to apply basic Excel applications
such linking the cells and using formulas (i.e. adding and subtracting
information in the different cells). You will be graded on your ability to
complete the accounting cycle by employing Excel functions. Should you need to
type in items that are not available in the provided information, such as
“current asset” in the balance sheet, then please feel free to do so. Additionally,
you will need to:
1. Find information from the internet regarding the different risks
that are found in companies.
You will need to provide the source (link to the website) from which
you have obtain that information. Alternatively, you can submit a printed copy
of the information obtained from the internet.
2. Please a report write a short report (one page or less) to answer
the following:
a)
Assume that Doha Company asked
you for a loan. Based on the information in the financial statements, would you
agree to give a loan to the company? Explain your answer.
b)
In your opinion, how can information
technology help businesses.
Please Make sure that the report
is in PDF format.
3. Please submit the excel sheet, the risk sheet (from the internet) and
the report via Blackboard.
–
Go to Blackboard
–
Go to “Assessment
Information”
–
Click on “IT Project”
–
Submit the three files which
are the Excel sheet, risk sheet (from the internet) and the report.
Please use your Qatar
University ID number to label the differen
