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<br>ACCT 212 Course Project<br>ACCT 212 Week 4 Midterm<br>ACCT 212 Week 1-7 All Discussion Questions<br>Week 1 DQ1 Financial Statements<br>Week 2 DQ1 Prepaid Expenses vs. Unearned Revenue<br>Week 2DQ2 Accrual vs. Cash Accounting<br>Week 3DQ1 Ethical Business Decisions<br>Week 3DQ2 Trade Credit - Accounts Payable<br>Week 4DQ1 Inventory Management<br>Week 4DQ2 LIFO<br>Week 5DQ1 Non-current Assets and Related Liabilities<br>Week 5DQ2 Raising Capital (Cash)<br>Week 6DQ1 Stockholders Equity<br>Week 6DQ2 Net Income vs. Net Operating Cash<br>
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ACCT 212 Entire Course (Devry) • ACCT 212 Course Project • ACCT 212 Week 4 Midterm • 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
ACCT 212 Course Project (Devry) • TCO 1) The Accounting Equation is used to develop the organizations financial reports. (1) Describe what owners' equity values would be if Assets are $100,000 and Liabilities are $27,000 by showing the Accounting Equation (10 points) and (2) provide an explanation of what accounts could be found in owners' equity. (10 points) • (TCO 1) The financial statements present a company to the public in financial terms. (1) Which financial statement identifies where cash was generated and where it was spent during the year (10 points) and (2) identify the three major parts of this statement. (10 points)
ACCT 212 Week 1-7 All Discussion Questions (Devry) • Week 1 DQ1 Financial Statements • Week 2 DQ1 Prepaid Expenses vs. Unearned Revenue • Week 2DQ2 Accrual vs. Cash Accounting • Week 3DQ1 Ethical Business Decisions • Week 3DQ2 Trade Credit - Accounts Payable • Week 4DQ1 Inventory Management • Week 4DQ2 LIFO
ACCT 212 Week 4 Midterm (Devry) 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.
ACCT 212 Final Exam (Devry) • 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 • 2. (TCO 2) As required to complete Course Project 1, one must follow the cycle that includes 10 steps to complete the accounting cycle. (1) Explain how to construct an Unadjusted Trial Balance (
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