ACC 290 Week 2 LT Reflection Summary For more course tutorials visit www . uophelp . com
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Discuss the objectives for ACC 290 Week Two .
What do you think will be the most important of the skills learned when you are in an accounting position ?
Differentiate between accrual basis and cash basis of accounting . Create Adjusting Entries . Prepare an adjusted trial balance .
Write a 350 to 500 word summary of your Learning Team ’ s discussion .
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ACC 290 Week 2 LT Reflection Summary For more course tutorials visit www . uophelp . com
Discuss the objectives for ACC 290 Week One . How do they relate to the practice of accounting and its uses in business ? Identify the four basic financial statements . Classify transactions using the rules of debit and credit . Journalize basic transactions . Discuss how financial statements would be useful to external users such as investors and creditors . Write a 350 to 500 word summary of your Learning Team ’ s discussion .