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For more course tutorials visit<br>www.acct212.com<br>This course has two course projects due. The first, Course Project 1, reinforces the basic principles of accounting and application of the accounting information system. It is completed in two parts. The second, Course Project 2, is an opportunity to show the ability to analyze financial statements to arrive at conclusions based upon the analysis.<br>
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ACCT 212 Course Real Knowledge / acct212dotcom For More Tutorials www.acct212.com
ACCT 212 Course Real Knowledge / acct212dotcom ACCT 212 Course Project (Includes both Course ACCT 212 Entire Course (Devry) ACCT 212 Course Project ACCT 212 Week 4 Midterm (includes all Sets available on our website) ACCT 212 Week 1-7 All DQs ACCT 212 Final Exam (3 Sets) This course has two course projects due. The first, Course Project 1, reinforces the basic principles of accounting and application of the accounting information system.
ACCT 212 Course Real Knowledge / acct212dotcom ACCT 212 Final Exam (3 Different Sets) ACCT 212 Week 1-7 All Discussion Questions Week 1 DQ1 Financial Statements Week 2 DQ1 Prepaid Expenses vs. Unearned Revenue Week 2DQ2 Accrual vs. Cash Accounting Week 3DQ1 Ethical Business Decisions At the end of the period it is necessary to close all temporary accounts. (1) Explain why this process is required (10 points) and (2) provide an example of the closing of an expense account, Supplies Expense in the form of a journal entry
ACCT 212 Course Real Knowledge / acct212dotcom ACCT 212 Week 4 Midterm (Devry) ACCT 212 Week 4 Midterm (Set 2) 1. (TCO 1) Suppose your company sold $50,000 in merchandise to a customer for cash. How does this transaction impact the accounting equation? 2. (TCO 2) Suppose your company paid $12,000 in cash for a used car. How does this transaction impact the accounting equation? 1. (TCO 1) The Accounting Equation is used to develop the organizations financial reports. (1) Describe what assets value would be if Liabilities are $12,000 and Owners' Equity is $50,000 by showing the Accounting Equation (10 points) and (2) provide an example of two asset accounts that could contain the value. (10 points) (Points : 20)
ACCT 212 Course Real Knowledge / acct212dotcom ACCT 212 Week 4 Midterm (Set 3) 1. (TCO 1) Suppose your company paid $12,000 in cash for its rent. How does this transaction impact the accounting equation? 2. (TCO 2) Suppose your company sold $25,000 in merchandise to a customer for credit. How does this transaction impact the accounting equation?
ACCT 212 Course Real Knowledge / acct212dotcom For More Tutorials www.acct212.com