ACC 225 WEEK 4 COMPLETE WORK

ACC 225 WEEK 4 COMPLETE WORK

Week 4:

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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 4-2 on p. 156 and Exercises 4-4 and 4-5 on p. 159.· Post your answers as an attachment.

Assignment: Preparing Entries and Statements

Resources: Fundamental Accounting Principles, pp. 165-167

Due Date: Day 7 [Individual] forum· Complete Problems 4-5A and 4-6A. 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 theevidence for your explanation. Identify the consequences of the errors and describe theirimpact on the financial statements. Explain whether the error is likely to be discoveredwhen completing the worksheet.· Post your answers as an attachment.