Description
ACC 225 ACC225 ACC/225 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
ACC 225 Week 1 Checkpoint Financial Statements
ACC 225 Week 1 DQ 1 and DQ 2
ACC 225 Week 1 Exercise Accounting and Business Organizations
ACC 225 Week 2 Assignment Preparing Journal Entries and Trial Balances
ACC 225 Week 2 CheckPoint Debits and Credits
ACC 225 Week 3 Checkpoint Adjustments and Accrual and Cash Basis Accounting
ACC 225 Week 3 DQ 1 and DQ 2
ACC 225 Week 4 Assignment Preparing Entries and Statements
ACC 225 Week 4 Checkpoint Preparing Balance Sheets and Statements
ACC 225 Week 5 Checkpoint Inventory Systems and Calculating Revenues, Expenses, and Income
ACC 225 Week 5 DQ 1 and DQ 2
ACC 225 Week 6 Assignment Estimating Inventory and Preparing Multiple Step and Single Step Income
ACC 225 Week 6 Checkpoint Computing Inventory Balances and Lower of Cost or Market
ACC 225 Week 7 Checkpoint Accounting Information Systems and Special Journals
ACC 225 Week 7 DQ 1 and DQ 2
ACC 225 Week 8 Assignment Internal Control and Bank Reconciliations
ACC 225 Week 8 Checkpoint Internal Control and Bank Reconciliations
ACC 225 Week 9 Capstone DQ
ACC 225 Week 9 Final Project Comprehensive Problem Perpetual
ACC 225 ACC225 ACC/225 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
ACC 225 Week 1 Checkpoint Financial Statements
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.
• Review the information on financial statements in Ch. 1 of Fundamental Accounting
Principles.
• Discuss, in 200300 words, each of the four financial statements. Explain the different
components of the statements as well as what the statements tell about a business.
ACC 225 ACC225 ACC/225 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
ACC 225 Week 1 DQ 1 and DQ 2
Discussion Question 1
• 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?
Discussion Question 2
• Due Date: Day 4 [post to the Main forum]
• Post your response to the following: Describe one of the four basic financial statements,
and answer the following questions.
o For what is it typically used?
o What information is the most valuable?
o How does it complement another financial statement?
• Respond to a classmate who selected a different financial statement from yours. How do
the financial statements tie into one another?
ACC 225 ACC225 ACC/225 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
ACC 225 Week 1 Exercise Accounting and Business Organizations
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 ACC225 ACC/225 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
ACC 225 Week 2 Assignment Preparing Journal Entries and Trial Balances
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 ACC225 ACC/225 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
ACC 225 Week 2 CheckPoint Debits and Credits
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 ACC225 ACC/225 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
ACC 225 Week 3 Checkpoint Adjustments and Accrual and Cash Basis Accounting
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 ACC225 ACC/225 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
ACC 225 Week 3 DQ 1 and DQ 2
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 accrualbasis financial statements provide more useful information than
cashbasis financial statements?
o Describe when each method (cash basis and accrual basis accounting) would be
appropriate to use.
Discussion Question 2
• Due Date: Day 4 [Main] forum
• Post your response to the following: The Ritz Manor is a popular seaside resort. A
double room costs $220 for one night. In order to reserve a room, guests must pay one
night’s stay in advance. On each floor of the hotel, Vendalite Company operates vending
machines with energy bars, juices, and other snacks for guests. Vendalite stocks the
machines and collects revenue every week. Total average weekly revenue from these
machines is $720. The Ritz Manor is entitled to 30% of the revenue from the machines.
Vendalite sends a check to the Ritz Manor once at the end of each quarter for the resort’s
share of the revenue.
o Based on this information, what type of adjusting entries does the Ritz Manor have?
o How are the amounts of these adjustments determined?
o Which accounts are affected?
ACC 225 ACC225 ACC/225 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
ACC 225 Week 4 Assignment Preparing Entries and Statements
Assignment: Preparing Entries and Statements
• Resources: Fundamental Accounting Principles, pp. 165167
• Due Date: Day 7 [Individual] forum
• Complete Problems 45A and 46A. When responding to the analysis component of 4
5A, be sure to think critically about the possible errors that are described. In your answer,
be sure to carefully analyze the worksheet as if the errors were made and present the
evidence for your explanation. Identify the consequences of the errors and describe their
impact on the financial statements. Explain whether the error is likely to be discovered
when completing the worksheet.
• Post your answers as an attachment.
ACC 225 ACC225 ACC/225 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
ACC 225 Week 4 Checkpoint Preparing Balance Sheets and Statements
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 ACC225 ACC/225 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
ACC 225 Week 5 Checkpoint Inventory Systems and Calculating Revenues, Expenses, and Income
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 ACC225 ACC/225 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
ACC 225 Week 5 DQ 1 and DQ 2
Discussion Question 1
• 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 don’t appear on the
service company statements? Why is there a difference?
Discussion Question 2
• Due Date: Day 4 [Main] forum
• Post your response to the following: Read the BTN53 Ethics Challenge on p. 218 of the
text. Discuss the ethics of what Amy is doing. Are there any consequences to her
actions? How does the store account for Amy’s returns?
ACC 225 ACC225 ACC/225 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
ACC 225 Week 6 Assignment Estimating Inventory and Preparing Multiple Step and Single Step Income
Assignment: Estimating Inventory and Preparing MultipleStep and SingleStep 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 ACC225 ACC/225 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
ACC 225 Week 6 Checkpoint Computing Inventory Balances and Lower of Cost or Market
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 ACC225 ACC/225 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
ACC 225 Week 7 Checkpoint Accounting Information Systems and Special Journals
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 ACC225 ACC/225 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
ACC 225 Week 7 DQ 1 and DQ 2
Discussion Question 1
• Due Date: Day 2 [Main] forum
• Post your response to the following: Megagrocer 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, Megagrocer maintains an ecommerce site through
which customers can order and pay for groceries. The groceries are packed and
delivered to customers from one of the five stores in a Megagrocer van by that store’s
personnel. Think about the accounting information systems that Megagrocer might use.
o What types of source documents might be collected by Megagrocer to be processed
by its accounting information systems?
o Why are those documents important?
Discussion Question 2
• Due Date: Day 4 [Main] forum
• Post your response to the following: Choose a popular merchandise or service company.
How might the company use accounting information systems? In what ways do these
systems benefit the company? In what ways might the systems be challenging for the
company?
ACC 225 ACC225 ACC/225 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
ACC 225 Week 8 Assignment Internal Control and Bank Reconciliations
Assignment: Internal Control and Bank Reconciliations
• Resource: Fundamental Accounting Principles, pp. 338 and 339
• Due Date: Day 7 [Individual] forum
• Complete Problems 81A, 83A, and 84A (including the Analysis Component) on pp.
338339. When responding to the cases in 81A, be sure to think critically about each
case. Identify the principles of internal control that has been violated, and give an
explanation of why you think that principle has been violated. Identify the consequences
of the actions described in the cases. Make a recommendation for what the business
should do to ensure adherence to principles of internal control.
• Use the spreadsheet in Appendix B available on aXcess to complete Problem 84A. Be
sure to use the tabs labeled SP0804A and Given P0804A
• Post your answers as an attachment.
ACC 225 ACC225 ACC/225 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
ACC 225 Week 8 Checkpoint Internal Control and Bank Reconciliations
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 ACC225 ACC/225 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
ACC 225 Week 9 Capstone DQ
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 a good candidate for The
Accountant? Describe three challenges the candidates should complete on the program,
using as much detail as you can.
The challenges should test contestants’ skill in challenges related to topics covered in
this course. Be creative. Describe how the challenge will test the contestant’s accounting
skill(s) and knowledge as well as the skills the contestant should have to complete each
challenge successfully.
ACC 225 ACC225 ACC/225 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
ACC 225 Week 9 Final Project Comprehensive Problem Perpetual
Final Project: Comprehensive ProblemPerpetual
• Resources: Appendix A, Fundamental Accounting Principles, p. 301, and Appendix C
• Due Date: Day 7 [Individual] forum
• Complete the Comprehensive ProblemPerpetual. In this project, follow the steps of the
accounting cycle to process given transactions in a business environment. Then,
synthesize special journals, a trial balance, financial statements, and a postclosing trial
balance.
• Use the spreadsheet in Appendix C available on aXcess to complete the problems. Be
sure to use the tabs labeled P07C and Given P07C.
• Post your answers as an attachment.
