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¬For more classes visits\nwww.snaptutorial.com\n\n(TCO 1) The Accounting Equation is used to develop the organizations financial reports. (1) Describe what owners\' equity values would be if Assets are $100,000 and Liabilities are $27,000 by showing the Accounting Equation (10 points) and (2) provide an explanation of what accounts could be found in owners\' equity. (10 points) \n(TCO 1) The financial statements present a company to the public in financial terms. (1) Which financial statement identifies where cash was generated and where it was spent during the year (10 points) and (2) identify the three major parts of this statement. (10 points) \n(TCO 1) The accounting profession follows a set of guidelines for measurement and disclosure of financial information called the Generally Accepted Accounting Principles (GAAP). (1) Explain what the International Financial Reporting Standards (IFRS) are (10 points

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acct 212 education on your terms www snaptutorial 1

ACCT 212 Education on your terms/www.snaptutorial.com

ACCT 212 Course Project

­For more classes visits

www.snaptutorial.com

(TCO 1) The Accounting Equation is used to develop the organizations financial reports. (1) Describe what owners' equity values would be if Assets are

acct 212 education on your terms www snaptutorial 2

ACCT 212 Education on your terms/www.snaptutorial.com

ACCT 212 Entire Course

­For more classes visits

www.snaptutorial.com

ACCT 212 Course Project

ACCT 212 Week 4 Midterm

ACCT 212 Week 1-7 All Discussion Questions

Week 1 DQ1 Financial Statements

acct 212 education on your terms www snaptutorial 3

ACCT 212 Education on your terms/www.snaptutorial.com

ACCT 212 Final Exam

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www.snaptutorial.com

At the end of the period it is necessary to close all temporary accounts. (1) Explain why this process is required (10 points) and (2) provide an example of the clos

acct 212 education on your terms www snaptutorial 4

ACCT 212 Education on your terms/www.snaptutorial.com

ACCT 212 Week 1-7 All Discussion Questions

­For more classes visits

www.snaptutorial.com

Week 1 DQ1 Financial Statements

Week 2 DQ1 Prepaid Expenses vs. Unearned Revenue

Week 2DQ2 Accrual vs. Cash Accounting

acct 212 education on your terms www snaptutorial 5

ACCT 212 Education on your terms/www.snaptutorial.com

ACCT 212 Week 4 Midterm

­For more classes visits

www.snaptutorial.com

This course has two course projects due. The first, Course Project 1, reinforces the basic principles of accounting and application of the accounting information system. It is completed in two parts. The second, Course