ACC 225 WEEK 1 CHECKPOINT FINANCIAL STATEMENTS(UOP)
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CheckPoint: Financial Statements
• Resource: Fundamental Accounting Principles, Ch. 1
• Due Date: Day 5 [post to the Individual forum]
• Consider that you have been asked to explain financial statements to someone who
knows nothing about accounting.
• Review the information on financial statements in Ch. 1 of Fundamental Accounting
Principles.
• Discuss, in 200 300 words, each of the four financial statements. Explain the different
components of the statements as well as what the statements tell about a business
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ACC 225 WEEK 1 EXERCISE ACCOUNTING AND BUSINESS ORGANIZATIONS(UOP)
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Exercises: Accounting and Business Organizations
• Resource: Fundamental Accounting Principles, p. 30
• Due Date: Day 5
• Post your answers to Exercises 1 1 and 1 4
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ACC 225 WEEK 2 ASSIGNMENT PREPARING JOURNAL ENTRIES AND TRIAL BALANCES(UOP)
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Assignment: Preparing Journal Entries and Trial Balances
• Resource: Fundamental Accounting Principles, pp. 76 and 80
• Due Date: Day 7 [Individual] forum
• Complete Exercises 2 4 and 2 5 on p. 76 and Problem 2 2A on p. 80.
• Post your answers as an attachment.
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ACC 225 WEEK 2 CHECKPOINT DEBITS AND CREDITS(UOP)
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CheckPoint: Debits and Credits
• Resource: Fundamental Accounting...