*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 (Post in the Individual Forum – Due Day 2)

• Resource: Fundamental Accounting Principles, p. 74 and p. 77 (also review Chapter 2)
• Post your answers to Quick Study questions 2-1, 2-4, and 2-5 (p. 74) and Exercise 2-9 (p. 77).

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2. Assignment: Preparing Journal Entries and Trial Balances (Post in the Individual Forum – Due Day 6)

• Resource: Fundamental Accounting Principles, pp. 76 & 80
• Complete Exercises 2-6 and 2-8 on p. 76 and 77 and Problem 2-3A on p. 81.

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