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ACCT 212 Financial Accountinghttp://www.accttutorials.com/downloads/acct-212-financial-accounting/
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ACCT 212 Financial AccountingACCT 212 Entire Course Financial Accounting( ACCT 212 Week 1-7 Complete DQS Included )ACCT 212 Course ProjectACCT 212 Week 4 MidtermACCT 212 Week 1 DQ1 Financial StatementsACCT 212 Week 2 DQ1 Prepaid Expenses vs. Unearned RevenueACCT 212 Week 2 DQ2 Accrual vs. Cash AccountingACCT 212 Week 3 DQ1 Ethical Business DecisionsACCT 212 Week 3 DQ2 Trade Credit – Accounts PayableACCT 212 Week 4 DQ1 Inventory ManagementACCT 212 Week 4 DQ2 LIFOACCT 212 Week 5 DQ1 Non-current Assets and Related LiabilitiesACCT 212 Week 5 DQ2 Raising Capital (Cash)ACCT 212 Week 6 DQ1 Stockholders EquityACCT 212 Week 6 DQ2 Net Income vs. Net Operating CashACCT 212 Week 7 DQ1 Financial Statement AnalysisACCT 212 Week 8 Final Exam 100% Correct Answers(TCO 1) To evaluate the financial operation and health of a business ratio analysis is used. (1) Provide the formula for the Acid-test (or Quick) Ratio and explain how it is computed (10 points) and (2) provide an example of how this ratio can be used in decision-making in business.(TCO 3) At the end of the period it is necessary to close all temporary accounts. (1) Explain why this process is required (10 points) and (2) provide an example of the closing of an expense account, Supplies Expense in the form of a journal entry(TCO 2) As required to complete Course Project 1, one must follow the cycle that includes 10 steps to complete the accounting cycle. (1) Explain how to construct an Unadjusted Trial Balance (10 points) and (2) provide an example of the application of the debit/credit rules in the development of the trial balance.(TCO 5) Internal Control Procedures are required to safeguard company assets and to ensure ethical operation o
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