ACC 290 Week 3 / 4 Learning Team Financial Reporting Problem , Part 1 (** 2 Different Papers **)( New )
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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 3 / 4 Learning Team Financial Reporting Problem , Part 1 (** 2 Different Papers **)( New )
For more course tutorials visit www . uophelp . com
Financial Reporting Problem Part I
Browse the Internet to acquire a copy of the most recent annual report for a publicly traded company . Analyze the information contained in the company ’ s balance sheet and income statement to answer the following questions :
What are the company ’ s total assets at the end of its most recent annual reporting period ? Why is this important ?
What are the total assets at the end of the previous annual reporting period ?
How much cash and cash equivalents did the company have at the end of its most recent annual reporting period ?
What amount of accounts payable did the company have at the end of its most recent annual reporting period ?
What amount of accounts payable did the company have at the end of the previous annual reporting period ?