Essay on Acc 201 Principles of Financial Accounting Complete Class

1000 Words Jun 10th, 2015 4 Pages
ACC 201 Principles of Financial Accounting Complete Class

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ACC 201 Week 1 Chapter 1 and 2 Practice
Exercises

Complete the following practice exercises from Chapter 1 and 2 and submit them to your instructor. This assignment will be graded as a completion only to allow you to transition into the subject matter during the first week. The instructor will post the answers to these exercises by the end of Day 6 for you to check your accuracy and comprehension on the subject matter. Exercises: 1-2, 1-4, 1-9, 1-12, 1-18, 2-1, 2-3, 2-19, 2-22, 2-25.

ACC 201 Week 1 Memo to Blair

Complete the
…show more content…
Problems: 4-20,
4-21

ACC 201 Week 2 Assignment FASB Paper

Go to the website of the Financial Accounting Standards Board, www.fasb.org. Write a paper, in at least 400 words, that describes the mission of FASB, how it is organized, how it functions, and who grants the authority of
FASB to issue accounting standards. Also, research the most recent accounting issues that FASB is taking into consideration.

ACC 201 Week 3 Assignment GAAP &
Ethics

Read ATC 6-5 of Chapter 6 and answer part a. Additionally, given what you have learned about financial accounting so far, think of as many ways that you could “adjust” the financial records to make your company look better yet still follow GAAP and ethical guidelines. (Hint: think of the choices that can be used in the various accounting methods you have learned: i.e., inventory valuation methods.)

ACC 201 Week 3 Chapter 5 Problems

Complete the following problems from Chapter 5 and submit to your instructor. These problems will be graded for accuracy. Problems: 5-24,
5-26

ACC 201 Week 3 Chapter 6 Problems

Complete the following problems from Chapter 6 and submit to your instructor. These problems will be graded for accuracy. Problems: 6-27,
6-28, 6-32

ACC 201 Week 3 DQ Credit Sales and
Collections

Review ATC 5-4 of Chapter 5 and post your thoughts on the question regarding the issues and procedures that a business must consider when dealing with credit sales and

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