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XACC 280 Entire Course FOR MORE CLASSES VISIT www.xacc280tutorials.com XACC 280 Week 1 CheckPoint Accounting Assumptions, Principles, and Constraints.

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Presentation on theme: "XACC 280 Entire Course FOR MORE CLASSES VISIT www.xacc280tutorials.com XACC 280 Week 1 CheckPoint Accounting Assumptions, Principles, and Constraints."— Presentation transcript:

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2 XACC 280 Entire Course FOR MORE CLASSES VISIT www.xacc280tutorials.com XACC 280 Week 1 CheckPoint Accounting Assumptions, Principles, and Constraints XACC 280 Week 1 CheckPoint The Accounting Equation XACC 280 Week 1 Discussion Question 1 & 2

3 XACC 280 Week 1 CheckPoint Accounting Assumptions, Principles, and Constraints FOR MORE CLASSES VISIT www.xacc280tutorials.com CheckPoint: Accounting Assumptions, Principles, and Constraints Write an essay in 250 to 300 words, including the following: The basic assumptions of accounting

4 XACC 280 Week 1 CheckPoint The Accounting Equation FOR MORE CLASSES VISIT www.xacc280tutorials.com CheckPoint: The Accounting Equation View PhxKlipsThe 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.

5 XACC 280 Week 1 Discussion Question 1 and 2 FOR MORE CLASSES VISIT www.xacc280tutorials.com Discussion Questions In your own words, how would you describe financial accounting? Select two users, one internal and one external, who you think benefit the most from accounting.

6 XACC 280 Week 2 Assignment Journalizing, Posting, and Preparing a Trial Balance FOR MORE CLASSES VISIT www.xacc280tutorials.com Assignment: Journalizing, Posting, and Preparing a Trial Balance Complete P2-2A on p. 81 of Financial Accounting, using the templates in Appendix

7 XACC 280 Week 2 CheckPoint Debits and Credits FOR MORE CLASSES VISIT www.xacc280tutorials.com 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.

8 XACC 280 Week 3 CheckPoint Adjusting Entries, Posting, and Preparing an Adjusted Trial Balance FOR MORE CLASSES VISIT www.xacc280tutorials.com CheckPoint: Adjusting Entries, Posting, and Preparing an Adjusted Trial Balance Complete parts a, b, and c of P3-1A on pp. 128–129 of Financial Accounting.

9 XACC 280 Week 3 Discussion Question 1 and 2 FOR MORE CLASSES VISIT www.xacc280tutorials.com Discussion Questions What would be the effect of removing either the Matching Principle or the Revenue Recognition Principle from the process? Use a concrete example of how doing so might affect accounting in a given period.

10 XACC 280 Week 4 Assignment Preparing a Financial Statement Worksheet FOR MORE CLASSES VISIT www.xacc280tutorials.com Assignment: Preparing a Financial Statement Worksheet Complete E4-1 on pp. 176–177 of Financial Accounting.

11 XACC 280 Week 4 CheckPoint Subsidiary Ledgers and Special Journals FOR MORE CLASSES VISIT www.xacc280tutorials.com CheckPoint: Subsidiary Ledgers and Special Journals Explain in 250 to 300 words, your answers to the following: What are the advantages of the four different special journals? When would you use each type?

12 XACC 280 Week 5 CheckPoint Closing Entries and a Post Closing Trial Balance FOR MORE CLASSES VISIT www.xacc280tutorials.com CheckPoint: Closing Entries and a Post-closing Trial Balance Complete E4-4 on p. 177 of Financial Accounting. Use the templates in Appendix F and complete all three tabs.

13 XACC 280 Week 5 CheckPoint Reversing Entries FOR MORE CLASSES VISIT www.xacc280tutorials.com CheckPoint: Reversing Entries Post your answers to BE4-12 on p. 176 of Financial Accounting.

14 XACC 280 Week 5 Discussion Question 1 and 2 FOR MORE CLASSES VISIT www.xacc280tutorials.com Discussion Questions What are reversing entries and why are they required? What would happen if reversing entries were not made? What transactions might require reversing entries? What transactions might not require reversing entries?

15 XACC 280 Week 6 Assignment Comprehensive Problem FOR MORE CLASSES VISIT www.xacc280tutorials.com Assignment: Comprehensive Problem Complete the Comprehensive Problem on pp. 189–190 of Financial Accounting.

16 XACC 280 Week 6 CheckPoint The Nine Steps of the Accounting Cycle FOR MORE CLASSES VISIT www.xacc280tutorials.com CheckPoint: The Nine Steps of the Accounting Cycle Complete The Nine Steps of the Accounting Cycle multimedia activity. Capture the screen of the completed accounting cycle in the multimedia activity.

17 XACC 280 Week 6 Exercise Financial Statements FOR MORE CLASSES VISIT www.xacc280tutorials.com Exercise: Financial Statements Post one or two new concepts you learned from each of the PhxKlips

18 XACC 280 Week 7 CheckPoint Ratio, Vertical, Horizontal Analyses FOR MORE CLASSES VISIT www.xacc280tutorials.com CheckPoint: Ratio, Vertical, and Horizontal Analyses The calculations you perform for this CheckPoint form the basis of your analysis of your capstone project.

19 XACC 280 Week 7 Discussion Question 1and 2 FOR MORE CLASSES VISIT www.xacc280tutorials.com Discussion Questions Select three ratios, one from each category—liquidity, profitability, and solvency—you think are the most important.

20 XACC 280 Week 7 Exercise Career Opportunities for Accountants FOR MORE CLASSES VISIT www.xacc280tutorials.com Exercise: Career Opportunities for Accountants Post your response to the following items: Describe two business sectors you might want to work in if you were an accountant

21 XACC 280 Week 8 Assignment Internal Controls FOR MORE CLASSES VISIT www.xacc280tutorials.com Assignment: Internal Controls Write a 750- to 1,050-word paper in APA format, including citations and references, summarizing your ideas about internal controls.

22 XACC 280 Week 8 CheckPoint Impacts of Unethical Behavior FOR MORE CLASSES VISIT www.xacc280tutorials.com CheckPoint: Impacts of Unethical Behavior Research a company that has been in the news for unethical practices, such as Enron, Tyco, Global Crossing, or WorldCom.

23 XACC 280 Week 8 CheckPoint Regulatory Bodies FOR MORE CLASSES VISIT www.xacc280tutorials.com CheckPoint: Regulatory Bodies Post your response to the following question, using 250 to 300 words: What are the major regulatory bodies and their functions?

24 XACC 280 Week 9 Capstone DQ FOR MORE CLASSES VISIT www.xacc280tutorials.com Capstone Discussion Question Reviewthe annual reports for PepsiCo, Inc. and The Coca-Cola Company in Appendixes A& B of Financial Accounting. Selecteither PepsiCo, Inc. or The Coca-Cola Company.

25 XACC 280 Week 9 Final Project Financial Analysis FOR MORE CLASSES VISIT www.xacc280tutorials.com Final Project: Financial Analysis Review the annual reports for PepsiCo, Inc. and The Coca-Cola Company in Appendixes A & B, especially the Consolidated Statements of Income and the Balance Sheets on pp

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