Category Archives: ACC 225

ACC 225 Week 7 CheckPoint Accounting Information Systems and Special Journals

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· Resource: Fundamental Accounting Principles, pp. 289, 290, and 291

· Complete Quick Study questions QS 7-1 and QS 7-3 on p. 289, and Exercises 7-1, 7-4, 7-7, and 7-10 on pp. 290-291.

· Post your answers as an attachment.

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ACC 225 Week 7 DQ 1

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Megagrocer is a grocery chain that operates five stores. The stores are supplied with produce, meat, dairy, and dry goods by six separate vendors. In addition to the stores, Megagrocer maintains an ecommerce site through which customers can order and pay for groceries. The groceries are packed and delivered to customers from one of the five stores in a Megagrocer van by that store’s personnel. Think about the accounting information systems that Megagrocer might use.

What types of source documents might be collected by Megagrocer to be processed by its accounting information systems?

Why are those documents important?

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ACC 225 Week 9 Final Project Comprehensive Problem-Perpetual

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ACC 225 Week 9 Final Project Comprehensive Problem-Perpetual

· Resources: Appendix A, Fundamental Accounting Principles, p. 301, and Appendix C

· Complete the Comprehensive Problem-Perpetual. In this project, follow the steps of the accounting cycle to process given transactions in a business environment. Then, synthesize special journals, a trial balance, financial statements, and a post-closing trial balance.

· Use the spreadsheet in Appendix C available on aXcess to complete the problems. Be sure to use the tabs labeled P07C and Given P07C.

· Post your answers as an attachment.

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ACC 225 Week 9 Capstone DQ

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ACC 225 Week 9 Capstone DQ

A major network is launching a reality program called The Accountant. A group of recent accounting graduates will be competing for a spot in a national accounting firm. What would make someone a good candidate for The Accountant? Describe three challenges the candidates should complete on the program, using as much detail as you can.

The challenges should test contestants’ skill in challenges related to topics covered in this course. Be creative. Describe how the challenge will test the contestant’s accounting skills as well as the skills the contestant should have to complete each challenge successfully.

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ACC 225 Week 8 CheckPoint Internal Control and Bank Reconciliations

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ACC 225 Week 8 CheckPoint Internal Control and Bank Reconciliations

· Resource: Fundamental Accounting Principles, pp. 335 and 336

· Complete Quick Study question QS 8-6 on p. 335, and Exercises 8-3 and 8-4 on p. 336.

· Post your answers as an attachment.

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ACC 225 Week 8 Assignment Internal Control and Bank Reconciliations

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ACC 225 Week 8 Assignment Internal Control and Bank Reconciliations

· Resource: Fundamental Accounting Principles, pp. 338 and 339

· Complete Problems 8-1A, 8-3A, and 8-4A (including the Analysis Component) on pp. 338-339. When responding to the cases in 8-1A, be sure to think critically about each case. Identify the principles of internal control that has been violated, and give an explanation of why you think that principle has been violated. Identify the consequences of the actions described in the cases. Make a recommendation for what the business should do to ensure adherence to principles of internal control.

· Use the spreadsheet in Appendix B available on aXcess to complete Problem 8-4A. Be sure to use the tabs labeled SP08-04A and Given P08-04A

· Post your answers as an attachment.

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ACC 225 Week 7 DQ 1

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ACC 225 Week 7 DQ 1

Megagrocer is a grocery chain that operates five stores. The stores are supplied with produce, meat, dairy, and dry goods by six separate vendors. In addition to the stores, Megagrocer maintains an ecommerce site through which customers can order and pay for groceries. The groceries are packed and delivered to customers from one of the five stores in a Megagrocer van by that store’s personnel. Think about the accounting information systems that Megagrocer might use.

What types of source documents might be collected by Megagrocer to be processed by its accounting information systems?

Why are those documents important?

 

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ACC 225 Week 6 CheckPoint Computing Inventory Balances and Lower of Cost or Market

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ACC 225 Week 6 CheckPoint Computing Inventory Balances and Lower of Cost or Market

· Resource: Fundamental Accounting Principles, pp. 247-249

· Complete Quick Study question QS 6-1 on p. 247 and Exercises 6-1 and 6-5 on pp. 248 and 249.

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ACC 225 Week 6 Assignment Estimating Inventory and Preparing Multiple-Step and Single-Step Income

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ACC 225 Week 6 Assignment  Estimating Inventory and Preparing Multiple-Step and Single-Step Income
· Complete Problems 5-4A on p. 212, 6-1A on p. 251, and 6-6B and 6-7B on p. 256.

· Post your answers as an attachment

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