Xacc 280 Financial Accounting Concepts and Principles /Complete

XACC 280 Financial Accounting Concepts and Principles /Complete

Purchase here

http://chosecourses.com/xacc-280-financial-accounting-concepts-and-principles-complete

Product Description

XACC 280 Week 1 CheckPoint: Accounting Assumptions, Principles, and Constraints

• Write an essay in 250 to 300 words, including the following:

o The basic assumptions of accounting

o The principles of accounting

o The constraints of accounting

o A conclusion stating how you think sound financial reporting depends on principles,

assumptions, and constraints. Refer to the U.S. GAAP in your response.

CheckPoint: The Accounting Equation

• View PhxKlips The Accounting Equation on your student Web site.

• Write an explanation of the function of each element in the accounting equation, using 100 to

150 words.

• Complete E1-5 on p. 34 of Financial Accounting.

• Post your explanation of the elements in the accounting equation with the answers to E1-5.

XACC 280 Week 2 CheckPoint: Debits and Credits

• View PhxKlips Debits and Credits on your student Web site.

• Complete the questions and fill in the Account Changes matrix in Appendix B.

• Post the completed Appendix B as an attachment.

XACC 280 Week 2 Assignment: Journalizing, Posting, and Preparing a Trial Balance

• Complete P2-2A on p. 81 of Financial Accounting, using the templates in Appendix C for

your answers. Each part of the problem corresponds to one tab in Appendix C. Complete all

three tabs of Appendix C.

• Write a message of 250 to 400 words in the body of your posting that justifies what you did in

Appendix C. This message constitutes part d of the assignment. Address your message to

your creditors and explain:

o The general goals of financial reporting

o The steps you took in the recording process

o How the steps you took support the principles of accounting

• Post your message and the completed Appendix C as an attachment.

XACC 280 Week 3 CheckPoint: Adjusting...