ACCT212 Course Discussions Week 1

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ACCT212 Course Discussions Week 1
Students are encouraged to use online collaboration tools to create a submission 2-4 minutes in length…

SKU: ACCT 212 Financial Statements Course Project Categories: , Tags: , ,

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ACCT212 Course Discussions Week 1

ACCT212 Course Discussions Week 1

All Posts – 82 Pages 

Financial Statements – 42 Pages 

Students are encouraged to use online collaboration tools to create a submission 2-4 minutes in length, explaining either an article on the financial statement discussion topic, or assignment work you have done in relation to the discussion topic. Discuss the financial statements of a company of your choice, what they mean in to the company and its shareholders, and how the financial statements relate to each other.

The importance of knowing the basic accounting knowledge is to know how much profit the company will be receiving and how much goes to the shareholders. It helps keep track of where the money is going when ordering materials, paying bills, paying employees, and paying off other necessities to make sure you are not losing money. It helps the employer see where they are wasting money and fix it, so that they do not continue to lose more money…

Course Project – 40 Pages 

In this graded discussion, we will be examining the operation of the Accounting Information System (AIS) with the use of problems and exercises from your textbook. The goal is to cover all of the requirements to ensure an opportunity for your successful completion of Course Project. Let’s start with Exercise 1-17A. Read about CoffeeShop Doughnuts and select one of the four requirements to answer.

The accounting equation, also known as the balance sheet equation, is written as Assets = Liabilities + Equity and underpins the balance sheet’s foundation. The accounting equation is the foundation of double entry accounting, and displays that all assets are either financed by borrowing money or paying with the money of the company’s shareholders. The balance sheet is a complex display of this equation, showing that the total assets of a company are equal to the total of liabilities and shareholder equity, or said differently, all uses of capital (assets) are equal to all sources capital (debt: liabilities and equity: shareholders’ equity)…