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