This assessment addresses the following course objective(s):
- Analyze balance sheet equity entries.
- Account for various transactions using industry-standard accounting software.
This assignment will show you the accounting changes that occur in the equity section of the balance sheet when the company is unable to pay cumulative preferred dividends.
- Download AC216 Unit 5 Assignment 4 – Dividend in Arrears [Excel Spreadsheet]
- Follow the instructions found in the template
- Rename your spreadsheet adding your last name to the file name (Ex. AC216 Unit 5 Assignment 4 – Dividend in Arrears Name)
- Submit your completed spreadsheet
Estimated time to complete: 1 hour