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ACCT 212 WEEK 1-8 DISCUSSION QUESTIONS

ACCT 212 Discussions ALL 7 Weeks Posted by ALL Students

ACCT 212 Discussions 1 Week 1 Financial Statements

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?

ACCT 212 Discussions 2 Week 1 Course Project 1 Part A

In this graded discussion, we …show more content…

With manufacturers, such as Ford, the inventory is spread between three different categories. Let’s start our discussion with some basic inventory questions. How is inventory valued? Which inventory valuation method is most popular and why? What impact on the financial reports can the selection of an inventory valuation method have?
ACCT 212 Discussions 2 Week 4 Course Project 1 Part A

Go to Course Home and review the Course Project tab. Continue to use the Course Project template from Doc Sharing. 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 – Part B.

Let’s start with Exercise 3-22A and practice developing journal entries to make adjustments. Select one of the six transactions and develop the adjusting journal entry. If you are using an example found in the textbook do mention the page number.

ACCT 212 Discussions 1 Week 5 Non-Current Assets and Related Liabilities 29 Pages

In the spotlight about FedEx Corporation, you get a feel for the amount of investment in assets and the resulting liabilities that are required to operate a competitive corporation. Even small businesses require plant, property, and equipment to