ACC 225 Week 1 Checkpoint Financial

Statements

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CheckPoint: Financial Statements

Resource: Fundamental Accounting Principles, Ch. 1
Due Date: Day 5 [post to the Individual forum]
Consider that you have been asked to explain financial statements to
someone who knows nothing about accounting.

 ACC 225 Week 1 DQ 1 and DQ 2

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Due Date: Day 2 [post to the Main forum]

Post your response to the following: Interview a friend or family member about
his/her work environment. Is his/her organization a sole proprietorship, partnership, or
corporation? Who is involved with the accounting decisions and information? In what
ways is your friend or family member affected by the accounting information?

 ACC 225 Week 1 Exercise Accounting

and Business Organizations

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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.

 ACC 225 Week 2 Assignment Preparing

Journal Entries and Trial Balances

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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 CheckPoint Debits and

Credits

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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.

 ACC 225 Week 3 Checkpoint Adjustments

and Accrual and Cash Basis Accounting

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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 DQ 1 and DQ 2

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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 accrual basis financial statements provide more useful information than
cash basis financial statements?

 ACC 225 Week 4 Assignment Preparing

Entries and Statements

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Assignment: Preparing Entries and Statements

Resources: Fundamental Accounting Principles, pp. 165167
Due Date: Day 7 [Individual] forum
Complete Problems 45A and 46A.

 ACC 225 Week 4 Checkpoint Preparing

Balance Sheets 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.

 ACC 225 Week 5 Checkpoint Inventory

Systems and Calculating Revenues,
Expenses, and Income

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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 DQ 1 and DQ 2

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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 dont appear on the service
company statements? Why is there a difference?

 ACC 225 Week 6 Assignment Estimating

Inventory and Preparing Multiple Step and
Single Step Income

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Assignment: Estimating Inventory and Preparing Multiple Step and Single Step
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.
Post your answers as an attachment.

 ACC 225 Week 6 Checkpoint Computing

Inventory Balances and Lower of Cost or
Market

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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.

 ACC 225 Week 7 Checkpoint Accounting

Information Systems and Special Journals

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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 DQ 1 and DQ 2

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Discussion Question 1
Due Date: Day 2 [Main] forum
Post your response to the following: Mega grocer 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, Mega grocer maintains an
ecommerce site through which customers can order and pay for groceries. The
groceries are packed

 ACC 225 Week 8 Assignment Internal

Control and Bank Reconciliations

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Assignment: Internal Control and Bank Reconciliations
Resource: Fundamental Accounting Principles, pp. 338 and 339
Due Date: Day 7 [Individual] forum

 ACC 225 Week 8 Checkpoint 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.

 ACC 225 Week 9 Capstone DQ

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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. What would make someone

 ACC 225 Week 9 Final Project

Comprehensive Problem Perpetual

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Final Project: Comprehensive Problem Perpetual

Resources: Appendix A, Fundamental Accounting Principles, p. 301, and Appendix
C
Due Date: Day 7 [Individual] forum