ACC 225 – Financial Accounting
WEEK 1
Week 1: Accounting Information and Financial Statements
Discussion Questions
CheckPoint: Financial Statements
Exercises: Accounting and Business Organizations
WEEK 2
Week 2: Business Transactions
CheckPoint: Debits and Credits
Assignment: Preparing Journal Entries and Trial Balances
WEEK 3
Week 3: Preparing Financial Statements
Discussion Questions
CheckPoint: Adjustments and Accrual and Cash Basis Accounting
WEEK 4
Week 4: Completing the Accounting Cycle
CheckPoint: Preparing Balance Sheets and Statements
Assignment: Preparing Entries and Statements
WEEK 5
Week 5: Merchandising Accounting
Discussion Questions
CheckPoint: Inventory Systems and Calculating Revenues, Expenses, and Income
WEEK 6
Week 6: Inventory
CheckPoint: Computing Inventory Balances and Lower of Cost or Market
Assignment: Estimating Inventory and Preparing Multiple-Step and Single-Step Income Statements
WEEK 7
Week 7: Accounting Information Systems and Special Journals
Discussion Questions
CheckPoint: Accounting Information Systems and Special Journals
WEEK 8
Week 8: Cash and Internal Controls
CheckPoint: Internal Control and Bank Reconciliations
Assignment: Internal Control and Bank Reconciliations
WEEK 9
Week 9: Applying the Accounting Cycle
Capstone Discussion Question
Final Project: Comprehensive Problem-Perpetual
