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FOR NYANYA (ONLY) ACCT200 Accounting Basics for Managers – Wk 1 DQ

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Book: 978-0-07-782178-4

Fund. Accounting Principles (Looseleaf) (Custom Package)

Wild 21ST / McGraw-Hill Custom  – Read Ch 1 Accounting in Business & Ch 2 Analyzing and Recording Transactions.

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Week 1 – Reading

Ch 1 Accounting in Business

Explain the purpose and importance of accounting. (p. 4)

Identify users and uses of, and opportunities in, accounting. (p. 5)

Explain why ethics are crucial to accounting. (p. 7)

Explain generally accepted accounting principles and define and apply several accounting principles. (p. 9)

Appendix 1B—Identify and describe the three major activities of organizations. (p. 27)

Ch 2 Analyzing and Recording Transactions

Explain the purpose and importance of accounting. (p. 4)

Identify users and uses of, and opportunities in, accounting. (p. 5)

Explain why ethics are crucial to accounting. (p. 7)

Explain generally accepted accounting principles and define and apply several accounting principles. (p. 9)

Appendix 1B—Identify and describe the three major activities of organizations. (p. 27)

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Week 1 – Discussion Question a minimum of 200-250 words required: Due 1/7/15

Chapter 1 The Role of Accounting in Business
 #3. Define accounting and describe its role in business.
 

 Chapter 2 Basic Accounting Concepts
#1. Describe the basic elements of a financial accounting information system.

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Please complete the following homework to maximize your learning

Chapter 1 Accounting in Business (all topics in this chapter must be covered)

Homework: Exercises 1-2, 1-4, 1-6, and 1-12 and Problems 1-1A

BTN Activity: BTN 1-3

 

Chapter 2 Analyzing and Recording Transactions (all topics in this chapter must be covered)Homework: Exercises 2-2, 2-3, 2-8, 2-11, 2-21, and Problems 2-2A

BTN Activity: BTN 2-4

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