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ACC 225 WEEK 4 ASSIGNMENT PREPARING ENTRIES AND STATEMENTS

ACC 225 WEEK 4 ASSIGNMENT PREPARING ENTRIES AND STATEMENTS

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Assignment: Preparing Entries and Statements

Resources: Fundamental Accounting Principles, pp. 165167

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.

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