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ACC 225 To exceed, you must read/Uophelpdotcom

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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. – PowerPoint PPT presentation

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Title: ACC 225 To exceed, you must read/Uophelpdotcom


1
ACC 225 To exceed, you must read/Uophelpdotcom
  • For more course tutorials visit
  • www.uophelp.com

2
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.
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3
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
  • Due Date Day 4 post to the Main forum
  • Post your response to the following Describe
    one of the four basic financial statements,
  • and answer the following questions.
  • o For what is it typically used?
  • o What information is the most valuable?
  • o How does it complement another financial
    statement?
  • Respond to a classmate who selected a different
    financial statement from yours. How do
  • the financial statements tie into one another?
  •  

4
ACC 225 Week 1 Exercise Accounting and Business
Organizations
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • Exercises Accounting and Business Organizations
  • Resource Fundamental Accounting Principles, p.
    30
  • Due Date Day 5
  • Post your answers to Exercises 11 and 14.
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5
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.
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6
ACC 225 Week 2 CheckPoint Debits and Credits
  • For more course tutorials visit
  • www.uophelp.com
  •  
  •    
  • CheckPoint Debits and Credits
  • Resource Fundamental Accounting Principles, p.
    74
  • Due Date Day 4 Individual forum
  • Post your answers to Quick Study questions QS
    23, QS 24, and QS 25.
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7
ACC 225 Week 3 Checkpoint Adjustments and Accrual
and Cash Basis Accounting
  • For more course tutorials visit
  • www.uophelp.com
  • CheckPoint Adjustments and Accrual and Cash
    Basis Accounting
  • Resource Fundamental Accounting Principles,
    pp. 116118 and 120
  • Due Date Day 5 Individual forum
  • Complete Quick Study questions QS 31 and QS 39
    on pp. 116 and 117 and Exercises
  • 31 and 37 on pp. 118 and 120.
  • Post your answers as an attachment.
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8
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
  • appropriate to use.
  •  

9
ACC 225 Week 4 Assignment Preparing Entries and
Statements
.
  • 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
  • appropriate to use.
  •  

10
ACC 225 Week 4 Checkpoint Preparing Balance
Sheets and Statements
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • CheckPoint Preparing Balance Sheets and
    Statements
  • Resource Fundamental Accounting Principles,
    pp. 156 and 159
  • Due Date Day 4 Individual forum
  • Complete Quick Study question QS 42 on p. 156
    and Exercises 44 and 45 on p. 159.
  • Post your answers as an attachment.
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11
ACC 225 Week 5 Checkpoint Inventory Systems and
Calculating Revenues, Expenses, and Income
  • For more course tutorials visit
  • www.uophelp.com
  •   CheckPoint Inventory Systems and Calculating
    Revenues, Expenses, and Income
  • Resource Fundamental Accounting Principles,
    pp. 206, 208, and 209.
  • Due Date Day 5 Individual forum
  • Complete Quick Study question QS 58 on p. 206
    and Exercises 59 and 513 on pp.
  • 208209.
  • Post your answers as an attachment.
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12
ACC 225 Week 5 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 Find the
    financial statements of a service company
  • and of a merchandising company
    http//highered.mcgrawhill.
  • com/sites/0072512431/student_view0/chapter1/text_c
    ompany_links.html
  • What items appear on the merchandising company
    statements that dont appear on the
  • service company statements? Why is there a
    difference?
  •  

13
ACC 225 Week 6 Assignment Estimating Inventory
and Preparing Multiple Step and Single Step Income
  • For more course tutorials visit
  • www.uophelp.com
  • Assignment Estimating Inventory and
    Preparing MultipleStep and SingleStep Income
  • Statements
  • Resource Fundamental Accounting Principles,
    pp. 251 and 256
  • Due Date Day 7 Individual forum
  • Complete Problems 54A on p. 212, 61A on p. 251,
    and 66B and 67B on p. 256.
  • Post your answers as an attachment.
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14
ACC 225 Week 7 Checkpoint Accounting Information
Systems and Special Journals
  • For more course tutorials visit
  • www.uophelp.com
  • CheckPoint Accounting Information Systems and
    Special Journals
  • Resource Fundamental Accounting Principles,
    pp. 289, 290, and 291
  • Due Date Day 5 Individual forum
  • Complete Quick Study questions QS 71 and QS 73
    on p. 289, and Exercises 71, 74,
  • 77, and 710 on pp. 290291.
  • Post your answers as an attachment.
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15
ACC 225 Week 7 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 Megagrocer
    is a grocery chain that operates five
  • stores. The stores are supplied with produce,
    meat, dairy, and dry goods by six separate
  • vendors. In addition to the stores, Megagrocer
    maintains an ecommerce site through
  • which customers can order and pay for groceries.
    The groceries are packed and
  • delivered to customers from one of the five
    stores in a Megagrocer van by that stores
  • personnel. Think about the accounting information
    systems that Megagrocer might use.
  • o What types of source documents might be
    collected by Megagrocer to be processed
  • by its accounting information systems?
  • o Why are those documents important?

16
ACC 225 Week 8 Assignment Internal Control and
Bank ReconciliationsACC 225 Week 8 Assignment
Internal Control and Bank Reconciliations
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • Assignment Internal Control and Bank
    Reconciliations
  • Resource Fundamental Accounting Principles,
    pp. 338 and 339
  • Due Date Day 7 Individual forum
  • Complete Problems 81A, 83A, and 84A (including
    the Analysis Component) on pp.
  • 338339. When responding to the cases in 81A, be
    sure to think critically about each
  • case. Identify the principles of internal control
    that has been violated, and give an
  • explanation of why you think that principle has
    been violated. Identify the consequences
  • of the actions described in the cases. Make a
    recommendation for what the business
  • should do to ensure adherence to principles of
    internal control.
  • Use the spreadsheet in Appendix B available on
    aXcess to complete Problem 84A. Be
  • sure to use the tabs labeled SP0804A and Given
    P0804A
  • Post your answers as an attachment.
  •  

17
ACC 225 Week 8 Checkpoint Internal Control and
Bank Reconciliations
  • For more course tutorials visit
  • www.uophelp.com
  • CheckPoint Internal Control and Bank
    Reconciliations
  • Resource Fundamental Accounting Principles,
    pp. 335 and 336
  • Due Date Day 4 Individual forum
  • Complete Quick Study question QS 86 on p. 335,
    and Exercises 83 and 84 on p. 336.
  • Post your answers as an attachment.
  •  
  •  

18
ACC 225 Week 9 Capstone DQ
  • For more course tutorials visit
  • www.uophelp.com
  • Capstone Discussion Question
  • Due Date Day 3 Main forum
  • Post your response to the following A major
    network is launching a reality program
  • called The Accountant. A group of recent
    accounting graduates will be competing for a
  • spot in a national accounting firm. What would
    make someone a good candidate for The
  • Accountant? Describe three challenges the
    candidates should complete on the program,
  • using as much detail as you can.
  • The challenges should test contestants skill in
    challenges related to topics covered in
  • this course. Be creative. Describe how the
    challenge will test the contestants accounting
  • skill(s) and knowledge as well as the skills the
    contestant should have to complete each
  • challenge successfully.
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19
ACC 225 Week 9 Final Project Comprehensive
Problem Perpetual
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • Final Project Comprehensive ProblemPerpetual
  • Resources Appendix A, Fundamental Accounting
    Principles, p. 301, and Appendix C
  • Due Date Day 7 Individual forum
  • Complete the Comprehensive ProblemPerpetual. In
    this project, follow the steps of the
  • accounting cycle to process given transactions in
    a business environment. Then,
  • synthesize special journals, a trial balance,
    financial statements, and a postclosing trial
  • balance.
  • Use the spreadsheet in Appendix C available on
    aXcess to complete the problems. Be
  • sure to use the tabs labeled P07C and Given P07C.
  • Post your answers as an attachment.
  •  

20
ACC 225 To exceed, you must read/Uophelpdotcom
  • For more course tutorials visit
  • www.uophelp.com
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