XACC 280

XACC 280 Complete Class

XACC 280 Financial Accounting Concepts and Principles Version 2

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XACC 280 Week 1 Assignment Accounting Assumptions, Principles, and Constraints
Write an essay in 250 to 300 words, including the following:
·         The basic assumptions of accounting
·         The principles of accounting
·         The constraints of accounting
A conclusion stating how you think sound financial reporting depends on principles, assumptions, and constraints. Refer to the U.S. GAAP in your response. 
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XACC 280 Week 1 Assignment The Accounting Equation
View The Accounting Equation and Write an explanation of the function of each element in the accounting equation, using 100 to 150 words.
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XACC 280 Week 1 DQ 1
In your own words, how would you describe financial accounting? Select two users, one internal and one external, who you think benefit the most from accounting. Explain why and how you think they benefit.
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XACC 280 Week 1 DQ 2
What do each of the four financial statements tell you about a company? How do companies use financial statements? Which financial statement do you think is the most useful and why?
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