ACC 290 All Participations

ACC 290 All Participations

Entire Course Link

https://zh.scribd.com/document/340327850/Uop-Tutorial

 ACC/290

PRINCIPLES OF ACCOUNTING I

 

The Latest Version A+ Study Guide

 

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ACC 290 All Participations Link

https://uopcourses.com/category/acc-290-participations/

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ACC 290 Week 1 participation Financial Accounting, Ch. 1: Introduction to Financial Statements
 

Read Ch. 1 of Financial Accounting.

Consider the following as you read:

Every industry has language and processes unique to its sector, and the business world is no different. Accounting is known as the language of business, and anyone seeking to understand how business works must become familiar with accounting. As you go through the lessons in this chapter consider the following:

 

 

 

How does one determine which form of business is most suitable?
 

 

What is the purpose of accounting information?
 

 

 

 
 

 

 

ACC 290 Week 1 participation Financial Accounting, Ch. 2: A Further Look at Financial Statements
 

Read Ch. 2 of Financial Accounting. 

Consider the following as you read:

 

 

 

How is accounting information communicated to the different users of financial information?
 

 

 

 
 

 

 

ACC 290 Week 1 participation University of Phoenix Learning Teams: Why We Have Them
 

 

Watch the “University of Phoenix Learning Teams: Why We Have Them” video
 

 

 

 

ACC 290 Week 1 participation Ch. 1: Overview with Paul Kimmel
 

Watch the “Ch. 1: Overview with Paul Kimmel” video located in Week 1 Video Assignments in WileyPLUS.

Consider the following as you watch the video:

 

 

 

In this video, Paul Kimmel, the co-author of your text, introduces you to the basic facts about financial reporting and why companies use financial reports. In addition, you will listen to examples from real world experience as Mr. Kimmel sets the tone for what is ahead in Ch. 1.
 

 

 

 
 

 

 

ACC 290 Week 1 participation Similar to Problem 1-3A
 

Watch the “Similar to Problem 1-3A” video located in Week 1 Video Assignments in WileyPLUS.

Consider the following as you watch the video:

 

 

 

The purpose of this video is to show how to prepare an income statement, retained earnings statement, and a balance sheet using financial data that is provided for you. As you watch this video, please observe the relationships between the financial statements, reflect on the process the instructor uses to arrive at the answers, and the various explanations provided in the video to help you understand why each step is taken.
 

 

 

 
 

 

 

ACC 290 Week 2 participation Financial Accounting, Ch. 3: The Accounting Information System
 

Read Ch. 3 of Financial Accounting. 

Consider the following as you read:

In the 1400’s, Luca Pacioli, who is known as the father of accounting, introduced the world to a better understanding of accounting and the double entry accounting system through his book, Summa de Arithmetica, Geometria, Proportioni et Proportionalita. Today, the same principles and concepts keep many companies around the world well informed of their financial standing:

 

 

 

How are business events captured for reporting?
 

 

What is the ultimate purpose of communicating accounting information?
 

 

 

 
 

 

 

ACC 290 Week 2 participation Financial Accounting, Ch. 4: Accrual Accounting Concepts
 

Read Ch. 4 of Financial Accounting. 

Consider the following as you read: 

 

 

 

How are changes in business activities monitored and tracked?
 

 

 

 
 

 

 

ACC 290 Week 2 participation Ch. 3: Overview with Paul Kimmel
 

Watch the “Ch. 3: Overview with Paul Kimmel” video located in Week 2 Video Assignments in WileyPLUS.

Consider the following as you watch the video: 

 

 

 

The purpose of this video is to help you understand the financial reporting process. In this video, Paul Kimmel, the co-author of your text, shares with you why this process is important and sets the tone for what is ahead in Ch. 3.
 

 

 

 
 

 

 

ACC 290 Week 2 participation Similar to Problem 3-4A
 

Watch the “Similar to Problem 3-4A” video located in Week 2 Video Assignments in WileyPLUS.

Consider the following as you watch the video:

 

 

 

Understanding how to interpret accounting information presented in assignment problems can be challenging for students. In this video, you will learn how to record a series of transactions for a business. As you watch this video, please reflect on the process the instructor uses to arrive at the answers and the various explanations provided in the video to help you understand why each step is taken.
 

 

 

 
 

 

 

ACC 290 Week 2 participation Learning Team Charter for Collaborative Learning Activities
 

 

Complete the Learning Team Charter for Collaborative Learning Activities with your collaborative group.
 

 

Collaborative Activity Instructions
 

Establish Learning Team expectations by completing the table below. Determine as a group, how you will address the ground rules for engagement. Each Learning Team member should contribute to a discussion leading to consensus around team expectations.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

Ground Rules for Engagement
  

Learning Team Response
  

Steps the Team will Take to Address

Unmet Team Expectations
Participation 

How often should team members meet to discuss an assignment deliverable?
 
 
Collaboration 

How will we work with others to achieve our assignment goals and work through conflict?
 
 
Communication 

What modes of communication will we use? Where will we communicate?
 
 
Team contributions 

What are the expectations for equitable contributions from each team member?
 
 
Assignment deadlines 

Identify the dates in which team collaborative activities should be completed in order to complete the individual assignments.
 
 
Other Considerations 

Include any other special considerations  for this team
 
 
 

 

 

 

 

ACC 290 Week 3 participation Financial Accounting, Ch. 5: Merchandising Operations and the Multiple-Step Income Statement
 

Read Ch. 5 of Financial Accounting.

Consider the following as you read:

While services type businesses perform services in exchange for income, merchandise businesses have additional task that must be accounted for properly. To understand how different these two business operations are, you will have to look at their operating cycle:

 

 

 

What activities are unique to merchandise businesses?
 

 

How does management account for the additional task unique to a merchandise operations?
 

 

 

 
 

 

 

ACC 290 Week 3 participation Ch. 5: Overview with Paul Kimmel
 

Watch the “Ch. 5: Overview with Paul Kimmel” video located in Week 3 Video Assignments in WileyPLUS.

Consider the following as you watch the video: 

 

 

 

The purpose of this video is to help you understand the financial reporting issues for merchandisers. In this video, Paul Kimmel, the co-author of your text, shares with you about net income as it relates to merchandisers and sets the tone for what is ahead in Ch. 5.
 

 

 

 
 

 

 

ACC 290 Week 3 participation Similar to Problem 5-1A
 

Watch the “Similar to Problem 5-1A” video located in Week 3 Video Assignments in WileyPLUS.

Consider the following as you watch the video:

 

 

 

In this video, Paul Kimmel, the co-author of your text, shows you how to record transactions common to merchandising businesses, prepare a partial balance sheet and compute ratios for analysis. As you watch this video, please reflect on the process the instructor uses to arrive at the answers and the various explanations provided in the video to help you understand why each step is taken.
 

 

 

 
 

 

 

ACC 290 Week 3 participation Similar to Problem 5-6A
 

Watch the “Similar to Problem 5-6A” video located in Week 3 Video Assignments in WileyPLUS.

Consider the following as you watch the video:

 

 

 

The purpose of this video is to show how to prepare adjusting entries and the adjusted trial balance, then use the adjusted trial balance to prepare the income statement, retained earnings, and balance sheet. As you watch this video, please reflect on the process the instructor uses to arrive at the answers, and the various explanations provided in the video to help you understand why each step is taken.
 

 

 

 
 

 

 

ACC 290 Week 3 Most Challenging Concepts
 

 

Recall the readings and activities you have completed this week and describe the one or two points that were least clear to you. What questions do you have that would help you understand these points better?
 

 

 

 

ACC 290 Week 4 participation Financial Accounting, Ch. 6: Reporting and Analyzing Inventory
 

Read Ch. 6 of Financial Accounting. 

Consider the following as you read:

Inventory management is an essential function of any merchandising business. These functions are not just limited to buying and selling goods, but also include keeping track of cost and managing inventory levels:

 

 

 

What is the actual purchase price of goods?
 

 

What is the difference between gross sales and net sales?
 

 

With constant price changes in the economy, how does management assign a value to its inventory?
 

 

 

 
 

 

 

ACC 290 Week 4 participation Ch. 6: Overview with Paul Kimmel
 

Watch the “Ch. 6: Overview with Paul Kimmel” video located in Week 4 Video Assignments in WileyPLUS.

Consider the following as you watch the video:

 

 

 

In this video, Paul Kimmel, the co-author of your text, discusses why merchandising companies spend time accounting for inventory and cost of goods sold as he sets the tone for what’s ahead in Ch. 6.
 

 

 

 
 

 

 

ACC 290 Week 4 participation Similar to Exercise 6-2
 

Watch the “Similar to Exercise 6-2” video located in Week 4 Video Assignments in WileyPLUS.

Consider the following as you watch the video:

 

 

 

The purpose of this video is to show how to compute the ending inventory at year-end from transactions common to merchandising businesses. As you watch this video, please reflect on the process the instructor uses to arrive at the answers, and the various explanations provided in the video to help you understand why each step is taken.
 

 

 

 
 

 

 

ACC 290 Week 4 participation Similar to Exercise 6-4
 

Watch the “Similar to Exercise 6-4” video located in Week 4 Video Assignments in WileyPLUS.

Consider the following as you watch the video:

 

 

 

The purpose of this video is to show how compute ending inventory and cost of goods sold under FIFO, LIFO and Average cost methods. These are methods used by merchandisers. As you watch this video, please reflect on the process the instructor uses to arrive at the answers, and the various explanations provided in the video to help you understand why each step is taken.
 

 

 

 
 

 

 

ACC 290 Week 4 Most Challenging Concepts
 

 

Recall the readings and activities you have completed this week and describe the one or two points that were least clear to you. What questions do you have that would help you understand these points better?
 

 

 

 

ACC 290 Week 5 participation Financial Accounting, Ch. 7: Fraud, Internal Control, and Cash
 

Read Ch. 7 of Financial Accounting. 

Consider the following as you read:

When you have something that is valuable to you, action is taken to protect it, well, companies are no different. Safe guarding company assets are a top priority to prevent theft and losses within the company, and at the top of the list is cash. However, companies are not only responsible for protecting their assets, they must also act to protect the trust investors and other stakeholders have placed in management:

 

 

 

What level of internal controls is consider to be adequate in a company?
 

 

What are effective controls for cash and why are these controls considered to be effective?
 

 

 

 
 

 

 

ACC 290 Week 5 participation Ch. 7: Overview with Paul Kimmel
 

Watch the “Ch. 7: Overview with Paul Kimmel” video located in Week 5 Video Assignments in WileyPLUS.

Consider the following as you watch the video:

 

 

 

In this video, Paul Kimmel, the co-author of your text, talks about fraud, internal controls, and the benefits of internal controls. This video also shares with you what is ahead in Ch. 7.
 

 

 

 
 

 

 

ACC 290 Week 5 participation Similar to Exercise 7-8
 

Watch the “Similar to Exercise 7-8” video located in Week 5 Video Assignments in WileyPLUS.

Consider the following as you watch the video:

 

 

 

The purpose of this video is to show how to prepare a cash budget. As you watch this video, please reflect on the process the instructor uses to arrive at the answers, and the various explanations provided in the video to help you understand why each step is taken.
 

 

 

 
 

 

 

ACC 290 Week 5 participation Similar to Problem 7-7A
 

Watch the “Similar to Problem 7-7A” video located in Week 5 Video Assignments in WileyPLUS. 

Consider the following as you watch the video:

 

 

 

The purpose of this video is to show how to prepare a cash budget. As you watch this video, please reflect on the process the instructor uses to arrive at the answers, and the various explanations provided in the video to help you understand why each step is taken.
 

 

 

 
 

 

 

ACC 290 Week 5 Most Challenging Concepts
 

 

Recall the readings and activities you have completed this week and describe the one or two points that were least clear to you. What questions do you have that would help you understand these points better?
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