ACC 290T All Discussions

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ACC 290T All Discussions
ACC 290T All Discussions
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ACC 290T All Discussions

The Latest Version A+ Study Guide

 

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ACC 290T All Discussions Link

https://hwsell.com/category/acc-290/

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ACC 290T Wk 1 Discussion – Financial Statements

Post a total of 3 substantive responses over 2 separate days for full participation.

Due Friday

An initial post must be posted by Friday. Please respond to the following questions:

 

What are the four basic financial statements? Describe the information that can be found on each statement? Which statement do you feel is more important and why?

 

Due Monday

You may utilize your additional 2+ posts to reply to your classmates’ original posts. I also encourage you to post about any personal experience you might have with this week’s topic. Have you ever seen or used a financial statement before? Does your company allow you to view their financial statements? You can also utilize these posts to ASK questions! If you are unsure about any of the new terminology or any of the topics from the text, please use these discussions to learn.

EXPECTATIONS

There are no formal word count requirements for these posts, however, they must be substantive. This means I will not be counting the typical throw away post….. “I really like your post, Joe. It really helped me understand ____x__ topic this week”. You actually will need to add something meaningful to the discussion in order to get credit for participation in the discussions. TRUST me it will help

 

 

ACC 290T Wk 2 Discussion – Debits and Credits

Post a total of 3 substantive responses over 2 separate days for full participation.

Due Friday

An initial post must be posted by Friday. Please respond to the following questions:

According to our rules of debits and credits, an increase to an asset (such as our cash account) is a DEBIT and a decrease to an asset is a CREDIT. Why then when we look at our bank statement is a deposit a Credit? and a withdrawal is a debit? Why does that seem backwards?

Due Monday

You may utilize your additional 2+ posts to reply to your classmates’ original posts. I also encourage you to post about any personal experience you might have with this week’s topic. Have you ever seen or used journal entries before? Are you required to provide any kind of code or GL Code to any paperwork you process at work? How might that code you provide at work link to these accounting concepts? Do you utilize any accounting software at work like Quickbooks and how does that relate to these debits and credits? You can also utilize these posts to ASK questions! If you are unsure about any of the new terminology or any of the topics from the text, please use these discussions to learn.

EXPECTATIONS

There are no formal word count requirements for these posts, however, they must be substantive. This means I will not be counting the typical throw away post….. “I really like your post, Joe. It really helped me understand ____x__ topic this week”. You actually will need to add something meaningful to the discussion in order to get credit for participation in the discussions. TRUST me it will help!

 

 

ACC 290T Wk 3 Discussion – The Accounting Cycle

Post a total of 3 substantive responses over 2 separate days for full participation.

Due Friday

An initial post must be posted by Friday. Please respond to the following questions:

What are the four steps of processing a transaction? What form do we create after the final step of all transaction processing is complete?

After these steps are all complete we prepare financial statements in what order? Why?

Due Monday

You may utilize your additional 2+ posts to reply to your classmates’ original posts. I also encourage you to post about any personal experience you might have with this week’s topic. Have you done any transaction processing at your job? What did it entail? How might those transactions you processed link up to the accounting system? What is your view of the accounting cycle? Does anything you do in your job contribute to any of these steps in the cycle? You can also utilize these posts to ASK questions! If you are unsure about any of the new terminology or any of the topics from the text, please use these discussions to learn.

EXPECTATIONS

There are no formal word count requirements for these posts, however, they must be substantive. This means I will not be counting the typical throw away post….. “I really like your post, Joe. It really helped me understand ____x__ topic this week”. You actually will need to add something meaningful to the discussion in order to get credit for participation in the discussions. TRUST me it will help.

 

ACC 290T Wk 4 Discussion – Recording Adjustments

Post a total of 3 substantive responses over 2 separate days for full participation.

Due Friday

An initial post must be posted by Friday. Please respond to the following questions:

What are the four types of adjustments? Give a specific example of each. Preferred if you can think of an example from personal experience!

Due Monday

You may utilize your additional 2+ posts to reply to your classmates’ original posts. I also encourage you to post about any personal experience you might have with this week’s topic. Try to think of examples of adjustments from your personal life or your professional experience. You can also utilize these posts to ASK questions! If you are unsure about any of the new terminology or any of the topics from the text, please use these discussions to learn.

EXPECTATIONS

There are no formal word count requirements for these posts, however, they must be substantive. This means I will not be counting the typical throw away post….. “I really like your post, Joe. It really helped me understand ____x__ topic this week”. You actually will need to add something meaningful to the discussion in order to get credit for participation in the discussions. TRUST me it will help.

 

ACC 290T Wk 5 Discussion – Closing the Books

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other student or faculty posts.

 

Due Friday

An initial post must be posted by Friday. Please respond to the following questions:

What are the steps in the closing process? How and why is the income summary account used in this process? Are all accounts closed out or just certain accounts? Why? What final step do we complete to ensure the accounts are still in balance after closing?

Due Monday

You may utilize your additional 2+ posts to reply to your classmates’ original posts. I also encourage you to post about any personal experience you might have with this week’s topic. Do you have any special tasks you have to do with your job at the end of the month or end of the year that might link to this closing process? You can also utilize these posts to ASK questions! If you are unsure about any of the new terminology or any of the topics from the text, please use these discussions to learn.

EXPECTATIONS

There are no formal word count requirements for these posts, however, they must be substantive. This means I will not be counting the typical throw away post….. “I really like your post, Joe. It really helped me understand ____x__ topic this week”. You actually will need to add something meaningful to the discussion in order to get credit for participation in the discussions. TRUST me it will help.