ACC 225 - uop Course Tutorial/uophelp

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CheckPoint: Financial Statements\n• Resource: Fundamental Accounting Principles, Ch. 1\n• Due Date: Day 5 [post to the Individual forum]\n• Consider that you have been asked to explain financial statements to someone who\nknows nothing about accounting.\n• Review the information on financial statements in Ch. 1 of Fundamental Accounting\nPrinciples.\n• Discuss, in 200300 words, each of the four financial statements. Explain the different\ncomponents of the statements as well as what the statements tell about a business.\n - PowerPoint PPT Presentation

Transcript of ACC 225 - uop Course Tutorial/uophelp

Page 1: ACC 225 - uop Course Tutorial/uophelp

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Page 2: ACC 225 - uop Course Tutorial/uophelp

ACC 225 Week 1 Checkpoint Career Opportunities

ACC 225 Week 1 DQ 1 & DQ 2 ACC 225 Week 2 Checkpoint

Proprietorships, Partnerships, and Corporations

ACC 225 Week 2 Assignment Financial Statements

ACC 225 Week 3 Checkpoint Classified Balance Sheets

ACC 225 Week 3 DQ 1 and DQ 2 ACC 225 Week 4 Checkpoint

Cash Management Matrix Appendix B

CheckPoint: Career Opportunities Visit the U.S. Department of

Labor, Bureau of Labor Statistics at http://www.bls.gov/oco/ocos001.htm for an overview of the accounting field.

Visitwww.careers-in-accounting.com for additional details such as salary expectations and general job expectations.

Locatethree job postings within your state for positions in the field of accounting.

ACC 225 Week 1 Checkpoint Career Opportunities

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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.

• Post your answers as an attachment.

ACC 225 Week 2 Assignment Preparing

Page 4: ACC 225 - uop Course Tutorial/uophelp

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. • Post your answers as an

attachment.

ACC 225 Week 3 Checkpoint Adjustments

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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 accrualbasis financial statements provide more useful information than

cashbasis financial statements?

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 4

5A, be sure to think critically about the possible errors that are described. In your answer,

ACC 225 Week 4 Assignment Preparing Entries and Statements

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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.

• Post your answers as an attachment.

?

CheckPoint: Inventory Systems and Calculating Revenues, Expenses, and Income

• Resource: Fundamental Accounting Principles, pp. 206, 208, and 209.

• Due Date: Day 5 [Individual] forum

• Complete Quick Study question QS 58 on p. 206 and Exercises 59 and 513 on pp.

208209. • Post your answers as an

attachment.

ACC 225 Week 5 Checkpoint Inventory Systems

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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.mcgrawhill.

com/sites/0072512431/student_view0/chapter1/text_company_links.html

What items appear on the merchandising company statements that don’t appear on the

service company statements? Why is there a difference?

Assignment: Estimating Inventory and Preparing MultipleStep and SingleStep Income

Statements • Resource: Fundamental

Accounting Principles, pp. 251 and 256

• Due Date: Day 7 [Individual] forum

• Complete Problems 54A on p. 212, 61A on p. 251, and 66B and 67B on p. 256.

as an attachment.

ACC 225 Week 6 Assignment Estimating

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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 71, 74,

77, and 710 on pp. 290291. • Post your answers as an

attachment.

ACC 225 Week 7 Checkpoint Accounting Information Systems and Special Journals

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Discussion Question 1 • Due Date: Day 2 [Main] forum • Post your response to the

following: Megagrocer 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, Megagrocer maintains an ecommerce site through

which customers can order and pay for groceries.

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) .

ACC 225 Week 8 Assignment Internal Control and Bank Reconciliations

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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.

• Post your answers as an attachment.

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. Analysis Component) .

ACC 225 Week 9 Capstone DQ

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Final Project: Comprehensive ProblemPerpetual

• Resources: Appendix A, Fundamental Accounting Principles, p. 301, and Appendix C

• Due Date: Day 7 [Individual] forum

• Complete the Comprehensive ProblemPerpetual. In this project, follow the steps of the

accounting cycle to process given transactions in a business environment.

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