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Get Monopoly Project
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How to fill out the MONOPOLY PROJECT online
This guide provides you with a helpful overview of how to complete the MONOPOLY PROJECT online. Follow the outlined steps carefully to ensure your submission meets all requirements and criteria.
Follow the steps to successfully complete your MONOPOLY PROJECT.
- Click the ‘Get Form’ button to access the MONOPOLY PROJECT form and open it in the editor.
- Begin by filling in your student name on the cover sheet. This is essential for identifying your submission and ensuring it is graded correctly.
- Review the grading criteria listed on the cover sheet, which includes points possible for properly ordered working papers, neatness, journal entries, T-accounts, trial balance, balance sheet, income statement, and statement of retained earnings.
- Gather in groups of two to four participants to play the game. Designate one person as the banker and adhere to the game's rules during play.
- As you progress through the game, make a minimum of twenty-five journal entries on the provided journal paper. Format your entries correctly, ensuring to credit and debit accounts accurately and provide explanations for each transaction.
- After recording all transactions, set up T-accounts using the information from your journal entries and post the transactions accordingly.
- Calculate the account balances and prepare a trial balance from your posted T-accounts.
- Utilize the trial balance to create a balance sheet, income statement, and statement of retained earnings, ensuring they are prepared in proper format.
- Compile your working papers in the specified order: cover sheet, instruction sheet, chart of accounts, journal entries, T-accounts, trial balance, balance sheet, income statement, and statement of retained earnings.
- Once you have completed all sections, review your work for accuracy, save your changes, and download or print the document as needed before submission.
Start filling out the MONOPOLY PROJECT online today for a successful submission!
Related links form
A monopoly is a market structure where a single seller or producer assumes a dominant position in an industry or a sector. Monopolies are discouraged in free-market economies as they stifle competition and limit substitutes for consumers.
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