Question: Accounting Principles 1 - Assignment Establish a virtual company in your name, suggest and Record at least 10 transactions for the company and use them

 Accounting Principles 1 - Assignment Establish a virtual company in your

Accounting Principles 1 - Assignment Establish a virtual company in your name, suggest and Record at least 10 transactions for the company and use them to prepare the following Financial Statements: Income Statement Retained Earnings Statement Statement of Financial Position Assessment Guidelines: * The assignment will be marked out of 25. * Assignment submission Deadline is 15/08/2020. Submissions will be accepted through Blackboard only. * The 10 transactions should Include All of the following items: Assets: 1. Cash 2. Accounts Receivable 3. Supplies 4. Equipment Liabilities: 1. Accounts Payable 2. Note Payable Equity: 1. Share Capital 2. Service Revenue 3. Rent Expense 4. Salaries and Wages Expense 5. Dividends 'Submit your work by uploading it in Microsoft Word format to Blackboard. *Use Your Name as the company name. *Use dates from 1/1/2020 to 31/12/2020 for your transactions

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