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devry acct 212 week 1 and 2 discussions

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Question;Week 1 discussions;Financial Statements (graded);I suspect that most of us can view;and appreciate most sports such as baseball, football, and basketball. What if;you were to view a Cricket World Cup game? If you didn't know the rules you;probably would not have much fun. The same happens in business if you don't;understand its language - Accounting. What rules impact a business' Accounting;Information System? What types of compliance is required?;Course Project 1 Part A (graded);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 1. Let's start with Exercise 1-17A. Read about CoffeeShop;Doughnuts and select one of the four requirements to answer.;Week 2 discussions;Accounting System (graded);Last week, we discussed "The;Language of Business" and why the accounting information system is;important in business. This week, we are going to look at the mechanics of how;it all works. It might be a bit easier if we started with an example which;would be the Genie Car Wash, Inc. in Chapter 2 of your textbook. Pick a;transaction from Genie and let us know how it impacts the accounting;equation. Make sure to identify the two accounts impacted. Why is it important;to record your selected transaction?;Course Project 1: Part A (graded);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 1. As;you complete the requirements of Week 2, you should review the Course Project;tab in Course Home, as you could start work on Project 1. The template for;Course Project 1 Parts A & B is located in Doc Sharing.;Let's start with Exercise 2-16A. Select one of the;nine financial transactions of the medical practice of Bob Morin, P.C. Develop;a journal entry with date and explanation. Post it in this discussion and then;conduct peer reviews of your classmates. The next requirement is to select one;of the five questions (a-e) and post an answer. Do show your computations.

 

Paper#43972 | Written in 18-Jul-2015

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