CheckPoint: Financial Statements
Complete exercises 7-1 and 7-2 on pp. 242-243 of the text using
Peachtree Complete Accounting®.
Write a paragraph for each exercise analyzing what the information
from each financial statement means and why the information is
useful to those who read the financial statements.
Save your work as a PDF file. Under the File menu, choose Create
PDF.
Post the PDF file as an attachment.
===================================================
ACC 250 Week 6 DQ 1 and DQ 2 (UOP)
FOR MORE CLASSES VISIT
www.acc250assist.com
Discussion Questions
Peachtree Complete Accounting® generates several financial
statements based on the information entered. Identify and briefly
summarize each financial statement. How are these statements
utilized? Why is it important that these statements are accurate?
This week, you learned about the information contained in several
financial statements generated by Peachtree Complete Accounting®
and how these statements interrelate. What information did you find
most challenging? Explain.
===================================================