Acc 280 Full Course

ACC 280 FULL COURSE

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ACC 280 WEEK 1

ACC 280 Week 1 Assignment - Financial Statements Paper

ACC 280 Week 1 DQ 1 - Who are the different users of accounting information? What are the differences between managerial and financial accounting? What is the role of the CPA and how does it differ from other accountants? What is the value of the accounting function in your organization, both internally and externally?

ACC 280 Week 1 DQ 2 - What types of information is provided to managers in your department and how do managers in your organization use information presented in financial statements? What is your experience with financial statements? If you don't have experience with the statements, what experience would you like to obtain?

ACC 280 Week 1 DQ 3 - What are the four basic financial statements? What do the different financial statements tell you about a company? Which financial statement is the most useful? Why?

ACC 280 Week 1 DQ 4 - What is the debt and credit?

ACC 280 WEEK 2

ACC 280 Week 2 Exercises - (1-1, 1-5, 1-12, 1-13, 2-2, 2-3, 7-3)

ACC 280 Week 2 DQ 1 - Which basis of accounting do most companies use, cash or accrual? Why? Which method is approved by GAAP? Why? What are the positives and negatives of each? Is it legal for an organization to keep two sets of accounting records; one for tax and one for book? Why or why not? What transactions might fall under a dual method?

ACC 280 Week 2 DQ 2 - When is the trial balance prepared? What is the purpose of preparing a trial balance? What does the trial balance tell you? What does the trial balance not tell you? Why not use the Trial Balance to report financial information internally and externally? What limitations does it have over formal financial statements?

ACC 280 Week 2 DQ 3 - Fiscal Year, Matching Principle, and Revenue Recognition.

ACC 280 Week 2 DQ 4 - What are the four different adjusting entries? What...