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ACC 225 WEEK 4 COMPLETE WORK
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.