ACCT 212 Course Real Tradition,Real Success / acct212dotcom

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ACCT 212 Course Real Knowledge / acct212dotcom
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ACCT 212 Course Real Knowledge / acct212dotcom
ACCT 212 Entire Course (Devry)
ACCT 212 Course Project (Includes both Course
ACCT 212 Course Project ACCT 212 Week 4 Midterm
(includes all Sets available on our website) ACCT
212 Week 1-7 All DQs ACCT 212 Final Exam (3 Sets)
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.
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ACCT 212 Course Real Knowledge / acct212dotcom
ACCT 212 Week 1-7 All Discussion Questions
ACCT 212 Final Exam (3 Different Sets)
Week 1 DQ1 Financial Statements Week 2 DQ1
Prepaid Expenses vs. Unearned Revenue Week 2DQ2
Accrual vs. Cash Accounting Week 3DQ1 Ethical
Business Decisions
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 closing of an expense account,
Supplies Expense in the form of a journal entry
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ACCT 212 Course Real Knowledge / acct212dotcom
ACCT 212 Week 4 Midterm (Set 2)
ACCT 212 Week 4 Midterm (Devry)
1. (TCO 1) Suppose your company sold 50,000 in
merchandise to a customer for cash. How does this
transaction impact the accounting equation? 2.
(TCO 2) Suppose your company paid 12,000 in cash
for a used car. How does this transaction impact
the accounting equation?
1. (TCO 1) The Accounting Equation is used
to develop the organizations financial reports.
(1) Describe what assets value would be if
Liabilities are 12,000 and Owners' Equity is
50,000 by showing the Accounting Equation (10
points) and (2) provide an example of two asset
accounts that could contain the value. (10
points) (Points 20)
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ACCT 212 Course Real Knowledge / acct212dotcom

ACCT 212 Week 4 Midterm (Set 3)

1. (TCO 1) Suppose your company paid 12,000 in
cash for its rent. How does this transaction
impact the accounting equation? 2. (TCO 2)
Suppose your company sold 25,000 in merchandise
to a customer for credit. How does this
transaction impact the accounting equation?
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ACCT 212 Course Real Knowledge / acct212dotcom
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www.acct212.com