Essay on Acc 290 Entire Course

1393 Words Oct 7th, 2014 6 Pages
ACC 290 Entire Course
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ACC 290 Entire Course
ACC 290 Week 1 DQ 1
Week One – DQ #1 What are the four basic financial statements? What is the primary purpose of each of the four basic financial statements? In your opinion, which financial statement is the most important? Explain why. How would the financial statements be useful to managers and employees? How would the financial statements be useful to investors and
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How would you explain the purpose of the adjusted trial balance?
ACC 290 Week 2 LT Reflection Summary
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 investors and creditors. Write a 350 to 500 word summary of your Learning Team’s discussion.
ACC 290 Week 2 Individual WileyPLUS Assignment
ACC 290 WileyPLUS and Financial Accounting.
Complete the following in WileyPLUS: Exercise E3-4, Exercise E3-9, Problem 3-5A, Problem 3-6A
ACC 290 Week 3 DQ 1
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? Why are they used? What are the pros and cons of using reversing entries? Why are reversing entries optional?
ACC 290 Week 3 DQ 2
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

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