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ACC250 ALL MODULE DISCUSSIONS

ACC250 ALL MODULE DISCUSSIONS

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Module 1 DQ 1 5.0 This discussion thread will be used to discuss the practice problems completedin this module. Complete practice
problems P1-34A and P1-36A in the
textbook using the Excel template
provided for you. After completing
the problems, submit your answers to
the appropriate assignment drop box.
Review the posted solutions to the
practice problems, and determine what
errors, if any, you have made. Respond
to this discussion thread and discuss
any challenges you had with completing
the problems, tips that helped you
arrive at the correct answers, and/or
questions you may still have.
Module 1 DQ 2 5.0 Desean Edwards plans on opening anew business named Desean EdwardsOnline Marketing Strategies. He is considering the various types of
business organizations and wishes to
organize his business with unlimited
life and limited liability features.
Additionally, Desean wants the option
to raise additional equity easily in
the future. Which type of business
organization will meet Desean’s needs
best and why? Discuss possible issues
and/or limitations Desean may encounter
as a result of choosing this business
organization compared with others.
Module 2 DQ 1 5.0 This discussion thread will be usedto discuss the practice problemscompleted in this module. Complete practice problem P2-29A in the textbook using the Excel template provided for
you. After completing the problems,
submit your answers to the appropriate
assignment drop box. Review the posted
solutions to the practice problems,
and determine what errors, if any, you
have made. Respond to this discussion
thread and discuss any challenges you
had with completing the problems, tips
that helped you arrive at the correct
answers, and/or questions you may still
have.
Module 2 DQ 2 5.0 Susie Homaker wants to open a delivery service called Cookies on Wheels.Baking skills and creativity are her strengths, but she lacks knowledge
on how to keep records on money
transactions for a business. While she
might hire an accountant, she needs
to be able to speak the language.
Discuss which key accounting practice
or principles (e.g., procedural steps,
types of accounts, tools, etc.) are going to be important for her tounderstand and whyModule 3 DQ 2 5.0 The term “adjusting entries” soundslike an illegal practice, but, infact, it refers to a very important accounting process. Explain when,
why, and how the adjusting process is
used. Provide examples to clarify your
statements
Module 3 DQ 1 5.0 This discussion thread will be usedto discuss the practice problemscompleted in this module. Complete practice problem P3-32A in the textbook using the Excel template provided for
you. After completing the problems,
submit your answers to the appropriate
assignment drop box. Review the posted
solutions to the practice problems,
and determine what errors, if any, you
have made. Respond to this discussion
thread and discuss any challenges you
had with completing the problems, tips
that helped you arrive at the correct
answers, and/or questions you may still
have.


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