Thursday, June 3, 2010

*NEW* ACC 225 Week Two Solution

ACC 225

Axia College of University of Phoenix (UoP)

Financial Accounting

Larson, K. D., Wild, J. J., & Chiappetta B. (2005). Fundamental accounting principles (17th ed.)

ACC 225 Week 2 Solution

1. CheckPoint: Debits and Credits

• Resource: Fundamental Accounting Principles, p. 74
• Post your answers to Quick Study questions 2-4, 2-5, & 2-6.

Quick Study questions 2-4 (QS 2-4) SOLUTION

Quick Study questions 2-5 (QS 2-5) SOLUTION

Quick Study questions 2-6 (QS 2-6) SOLUTION

2. Assignment: Preparing Journal Entries and Trial Balances

• Resource: Fundamental Accounting Principles, pp. 75 & 81.
• Complete Exercise 2-1 on p. 75 and Problem 2-3A on p. 81.

Exercise 2-1 (E2-1) SOLUTION

Problem 2-3A (P2-3A) SOLUTION