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ACC 225 Apprentice tutors / snaptutorial.com

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For more classes visit www.snaptutorial.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 Apprentice tutors / snaptutorial.com


1
ACC 225 Slingshot Academy / snaptutorial.com
For More Tutorials
www.snaptutorial.com
2
ACC 225 Slingshot Academy / snaptutorial.com
  • ACC 225 Week 1 Checkpoint Financial Statements
  • ACC 225 Week 1 DQ 1 and DQ 2
  • 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.
  • 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?

3
ACC 225 Slingshot Academy / snaptutorial.com
  • ACC 225 Week 1 Exercise Accounting and Business
  • ACC 225 Week 2 Assignment Preparing Journal
    Entries
  • Exercises Accounting and Business Organizations
  • Resource Fundamental Accounting Principles, p.
    30
  • Due Date Day 5
  • Post your answers to Exercises 11 and 14.
  •  
  • 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.

4
ACC 225 Slingshot Academy / snaptutorial.com
  • ACC 225 Week 2 CheckPoint Debits and Credits
  • ACC 225 Week 3 Checkpoint Adjustments and Accrual
  • 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.
  • 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.

5
ACC 225 Slingshot Academy / snaptutorial.com
  • ACC 225 Week 3 DQ 1 and DQ 2
  • ACC 225 Week 4 Assignment Preparing Entries
  • 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 accrual basis financial statements
    provide more useful information than cash
  • Assignment Preparing Entries and Statements
  • Resources Fundamental Accounting Principles,
    pp. 165167
  • Due Date Day 7 Individual forum
  • Complete Problems 45A and 46A. When responding
    to the analysis component of 45A, be sure to
    think critically about the possible errors

6
ACC 225 Slingshot Academy / snaptutorial.com
  • ACC 225 Week 4 Checkpoint Preparing Balance Sheets
  • ACC 225 Week 5 Checkpoint Inventory Systems
  • 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.
  • CheckPoint Inventory Systems and Calculating
    Revenues, Expenses, and Income
  • Resource Fundamental Accounting Principles,
    pp. 206, 208, and 209.

7
ACC 225 Slingshot Academy / snaptutorial.com
  • ACC 225 Week 5 DQ 1 and DQ 2
  • ACC 225 Week 6 Assignment Estimating Inventory
  • 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.mcgrawhil
    l.
  • com/sites/0072512431/student_view0/chapter1/text_c
    ompany_links.
  • Assignment Estimating Inventory and Preparing
    Multiple Step and Single Step Income Statements
  • Resource Fundamental Accounting Principles,
    pp. 251 and 256

8
ACC 225 Slingshot Academy / snaptutorial.com
  • ACC 225 Week 6 Checkpoint Computing
  • ACC 225 Week 7 Checkpoint Accounting
  • CheckPoint Computing Inventory Balances and
    Lower of Cost or Market
  • Resource Fundamental Accounting Principles,
    pp. 247249
  • Due Date Day 4 Individual forum
  • Complete Quick Study question QS 61 on p. 247
    and Exercises 61 and 65 on pp. 248 and 249.
  • 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

9
ACC 225 Slingshot Academy / snaptutorial.com
  • ACC 225 Week 7 DQ 1 and DQ 2
  • ACC 225 Week 8 Assignment Internal Control and
    Bank
  • Discussion Question 1
  • Due Date Day 2 Main forum
  • Post your response to the following Mega
    grocer 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, Mega grocer
    maintains an ecommerce site
  • 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

10
ACC 225 Slingshot Academy / snaptutorial.com
  • ACC 225 Week 8 Checkpoint Internal Control and
    Bank
  • ACC 225 Week 9 Capstone DQ
  • 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.
  • 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.
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