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 3 Checkpoint Adjustments and Accrual and Cash Basis Accounting(UOP
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CheckPoint: Adjustments and Accrual and Cash Basis Accounting
· Resource: Fundamental Accounting Principles, pp. 116 118 and 120
· Due Date: Day 5 [Individual] forum
· Complete Quick Study questions QS 3 1 and QS 3 9 on pp. 116 and 117 and Exercises
3 1 and 3 7 on pp. 118 and 120.
· Post your answers as an attachment....