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ACCT 483 King Saud University AL OTAIBI Shop Financial Statements Report

ACCT 483 King Saud University AL OTAIBI Shop Financial Statements Report

ACCT 483 King Saud University AL OTAIBI Shop Financial Statements Report

Question Description

I’m working on a accounting question and need support to help me learn.

As an accountant for “AL OTAIBI Shop”, you have been asked by the owner to prepare the

following documents to the external editor:

1- The General journal and ledger for the year 2020. (7 points)

2- The worksheet and the financial statements (Income statement & Balance Sheet

statements). (7 points)

3- The trial balance per-closing. (Must be separated from the worksheet). (1 points)

4- Opening new Accounting Books for the New Accounting Period 2021 and prepare the

opening trail balance. (3 points)


1- The exam due date is Tuesday 13 / 9 / 1442 (25/4/2021) by email. Note: Students who

send the exam after the due date will lose 1 point for each.

2- The Accounting documents (the answer) must have no amendments or cancellation of

any kind, and must be hand written.

3- The answer must be organized and completed. (2 points).

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