ACC 225 Ash Courses/ uophelp

ACC 225 Ash Courses/ uophelp

ACC 225 Week 1 Checkpoint Financial Statements

For more course tutorials visit
www.uophelp.com


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 200300 words, each of the four financial statements. Explain the different
components of the statements as well as what the statements tell about a business.



ACC 225 Week 1 DQ 1 and DQ 2

For more course tutorials visit
www.uophelp.com


Discussion Question 1
• Due Date: Day 2 [post to the Main forum]
• Post your response to the following: Interview a friend or family member about his/her
work environment. Is his/her organization a sole proprietorship, partnership, or
corporation? Who is involved with the accounting decisions and information? In what
ways is your friend or family member affected by the accounting information?

Discussion Question 2

ACC 225 Week 2 Assignment Preparing Journal Entries and Trial Balances

For more course tutorials visit
www.uophelp.com


Assignment: Preparing Journal Entries and Trial Balances
• Resource: Fundamental Accounting Principles, pp. 76 and 80
• Due Date: Day 7 [Individual] forum
• Complete Exercises 24 and 25 on p. 76 and Problem 22A on p. 80.
• Post your answers as an attachment.

ACC 225 Week 3 DQ 1 and DQ 2

For more course tutorials visit
www.uophelp.com


Discussion Question 1
• Due Date: Day 2 [Main] forum
• Post your response to the following:
o What is the difference between cash basis and accrual basis accounting?
o Why do accrualbasis financial statements provide more useful information than
cashbasis financial statements?
o Describe when each method (cash basis and accrual basis accounting) would be...

Similar Essays