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ACC 290 Academic Coachuophelp

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ACC 290 Week 1 Discussion Question 1 ACC 290 Week 1 Discussion Question 2 ACC 290 Week 1 Individual Assignment Financial Statements Paper ACC 290 Week 2 Discussion Question 1 ACC 290 Week 2 Discussion Question 2 ACC 290 Week 2 Individual WileyPLUS Week Two -Exercise E3-4 ,E3-9 Problem 3-5A, 3-6A ACC 290 Week 2 LT Reflection Summary ACC 290 Week 3 Discussion Question 1 ACC 290 Week 3 Discussion Question 2 ACC 290 Week 3 - Individual WileyPLUS Assignment ACC 290 Week Three - Exercise BE4-1, Problem P4-2A and P4-3A ACC 290 Week 3 LT Reflection Summary ACC 290 Week 4 Discussion Question ACC 290 Week 4 Discussion Question ACC 290 Week 4 Individual WileyPLUS Assignment ACC 290 Week Four - Problem 4-8A ACC 290 Week 4 Learning Team Financial Reporting Problem, Part 1 – PowerPoint PPT presentation

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Title: ACC 290 Academic Coachuophelp


1
ACC 290 Course Tutorial
  • For more course tutorials visit
  • www.uophelp.com

2
ACC 290 Course Tutorial
  • ACC 290 Entire Course
  • ACC 290 Final Exam Guide
  • ACC 290 Week 1 Discussion Question 1ACC 290 Week
    1 Discussion Question 2ACC 290 Week 1 Individual
    Assignment Financial Statements PaperACC 290
    Week 2 Discussion Question 1ACC 290 Week 2
    Discussion Question 2ACC 290 Week 2  Individual
    WileyPLUS Week Two -Exercise E3-4 ,E3-9  Problem
    3-5A, 3-6A
  • Which financial statement is used to determine
    cash generated from operations? 
  • 2) In terms of sequence, in what order must the
    four basic financial statements be prepared? 
  • 3) In classifying transactions, which of the
    following is true in regard to assets?
  • 4) An increase in an expense account must be 
  •  

3
ACC 290 Course Tutorial
  • ACC 290 Week 1 Discussion Question 2
  • ACC 290 Week 1 Discussion Question 2
  • What are debits and credits? How are debits and
    credits used to record business transactions? Why
    do accountants debit asset accounts to increase
    them but credit liability accounts to increase
    them? Why do accountants debit expenses to
    increase them but credit revenues to increase
    them?
  • What are debits and credits? How are debits and
    credits used to record business transactions? Why
    do accountants debit asset accounts to increase
    them but credit liability accounts to increase
    them? Why do accountants debit expenses to
    increase them but credit revenues to increase
    them?

4
ACC 290 Course Tutorial
  • ACC 290 Week 1 Individual Assignment Financial
  • ACC 290 Week 2 Individual WileyPLUS Assignment
  • Individual - Financial Statements Paper - Prepare
    a 700 -1,050 word paper in which you identify the
    four basic financial statements. Describe the
    purpose of each of the four financial statements.
    Discuss how the financial statements would be
    useful to internal users, such as to managers and
    employees. Discuss how the financial statements
    would be useful to external users, such as
    investors and creditors.
  • WileyPLUS and Financial Accounting.
  • Complete the following in WileyPLUS Exercise
    E3-4, Exercise E3-9, Problem 3-5A, Problem
    3-6A

5
ACC 290 Course Tutorial
  • ACC 290 Week 2 Discussion Question 1
  • ACC 290 Week 2 Discussion Question 2
  • What is the revenue recognition principle? What
    is the expense recognition principle? Why are
    they important to financial reporting?
  • What are adjusting entries and why are they
    necessary?
  • What are accruals? Provide examples of accruals.
    Why do accruals require adjusting entries?
  • What are deferrals? What are some examples of
    deferrals?
  • What accounts are subject to adjusting journal
    entries and why?
  • How would you explain the purpose of the adjusted
    trial balance?

6
ACC 290 Course Tutorial
  • ACC 290 Week 2 LT Reflection Summary
  • ACC 290 Week 3 - Individual WileyPLUS Assignment
  • Discuss the objectives for ACC 290 Week One. How
    do they relate to the practice of accounting and
    its uses in business? Identify the four basic
    financial statements. Classify transactions
    using the rules of debit and credit. Journalize
    basic transactions. Discuss how financial
    statements would be useful to external users such
    as
  • Complete the following in WileyPLUS Brief
    Exercise BE4-1, Problem P4-2A, and Problem P4-3A

7
ACC 290 Course Tutorial
  • ACC 290 Week 3 Discussion Question 1
  • ACC 290 Week 3 Discussion Question 2
  • What are the steps in completing the accounting
    cycle? How do the different steps affect the
    financial statements? What is the effect on the
    financial statements of missing a step when
    completing the accounting cycle? What are the
    four closing journal entries? Why are they
    necessary? What are reversing entries?
  • What are the pros and cons of using reversing
    entries? Why are reversing entries optional? What
    is the main purpose of a financial statement
    worksheet and its benefits? How has automation
    aided the preparation, accuracy, and use of the
    financial statement worksheet?

8
ACC 290 Course Tutorial
  • ACC 290 Week 3 LT Reflection Summary
  • ACC 290 Week 4 Individual WileyPLUS Assignment
  • Discuss the objectives for ACC 290 Week Two.
    What do you think will be the most important of
    the skills learned when you are in an accounting
    position? Differentiate between accrual basis
    and cash basis of accounting. Create Adjusting
    Entries. Prepare an adjusted trial balance.
    Write a 350 to 500 word summary of your Learning
    Teams discussion.
  • ACC 290 Week 4 Individual WileyPLUS Assignment
    ACC 290 Week Four - Problem 4-8A

9
ACC 290 Course Tutorial
  • ACC 290 Week 4 Discussion Question 1
  • ACC 290 Week 4 Discussion Question 2
  • How would you calculate cost of goods sold? What
    items make up cost of goods sold? How does
    beginning and ending inventory affect cost of
    goods sold? What are the journal entries a
    merchandising organization would use to record
    the purchase and subsequent sale of merchandise?
    How would these transactions differ
  • What are the three different inventory cost flow
    assumptions commonly used in commerce today and
    allowed by generally accepted accounting
    principles? How does a company determine what
    cost flow assumption they should use? How does
    first in, first out cost flow assumption work?
    When it is most appropriate to use?

10
ACC 290 Course Tutorial
  • ACC 290 Week 4 Learning Team Financial Reporting
  • ACC 290 Week 4 LT Reflection Summary
  • Financial Reporting Problem Part I
  • Browse the Internet to acquire a copy of the most
    recent annual report for a publicly traded
    company. Analyze the information contained in the
    companys balance sheet and income statement to
    answer the following questions
  •  
  • ACC 290 Week 4 LT Reflection Summary

11
ACC 290 Course Tutorial
  • ACC 290 Week 5 Individual WileyPLUS Assignment
  • ACC 290 Week 5 Learning Team Reflection
  • Complete the following in WileyPLUS Brief
    Exercise BE5-1, Brief Exercise BE5-2, Brief
    Exercise BE6-5, Brief Exercise BE6-7, Brief
    Exercise BE7-4, and Brief Exercise BE7-6
  • Reflection and Financial Reporting Problem Part
    II.
  • Discuss the objectives for ACC 290 Week Four. In
    the wake of accounting scandals over the past
    several years, how has the Sarbanes-Oxley Act
    (SOX) of 2002 affected the practice of
    accounting? What is the role of internal controls
    in complying with SOX (2002)? Write a 350 to 500
    word summary of your Learning Teams discussion.

12
ACC 290 Course Tutorial
  • ACC 290 Week 5 Discussion Question 1
  • ACC 290 Week 5 Individual Assignment Financial
  • What is the control environment? How does the
    control environment affect a companys internal
    controls? What are the negative and positive
    elements of a control environment? What are two
    examples of strong and weak internal controls in
    organizations where you have worked or have
    first-hand knowledge?
  • Financial Reporting Problem Part II
  • Access the internet to acquire a copy of the most
    recent annual report for the public traded
    company used to complete the Financial Reporting
    Problem, Part 1 assignment due in ACC 290 Week
    Four. Analyze the information contained in the
    companys balance sheet and income statement to
    answer the following questions

13
ACC 290 Course Tutorial
For more course tutorials visit www.uophelp.com
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