This assessment addresses the following course objective(s):
- Prepare transactions according to the Generally Accepted Accounting Principles.
- Account for various transactions using industry-standard accounting software.
This assignment will help the student better understand how the Effective Interest Method functions.
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- Download AC216 Unit 4 Assignment 5 – Amortization Method [Excel Spreadsheet]
- Follow the instructions found in the template
- Rename your spreadsheet adding your last name to the file name (Ex. AC216 Unit 4 Assignment 4 – Amortization Method Name)
- Submit your completed spreadsheet
Estimated time to complete: 1 hour