ACC 300 Week 3 Working With Financial Statements

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ACC 300 Week 3 Working With Financial Statements
ACC 300 Week 3 Working With Financial Statements
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ACC 300 Week 3 Working With Financial Statements

Write a 1,400- to 1,750-word paper explaining the following:

  • Revenue recognition principle

  • Expense recognition principle

Describe the four situations that require adjusting journal entries and provide one example for each:

  • Prepaid expenses

  • Unearned revenues

  • Accrued expenses

  • Accrued revenues

Format the paper consistent with APA guidelines.

Complete problem set P4-2A in Ch. 4 of Financial Accounting.

Click the Assignment Files tab to submit your assignment.