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ACCT 212 Course Project
ACCT 212 Week 4 Midterm
ACCT 212 Week 1-7 All DQs
ACCT 212 Final Exam
ACCT 212 Week 4 Midterm (Set 2)
ACCT 212 Week 4 Midterm (Set 3) ..
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ACCT 212 Final Exam
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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
2. (TCO 2) As required to complete Course Project 1, one must follow
the cycle that includes 10 steps to complete the accounting cycle. (1)
Explain how to construct an Unadjusted Trial Balance (10 points) and (2)
provide an example of the application of the debit/credit rules in the
development of the trial balance
(TCO 5) Internal Control Procedures are required to safeguard company
assets and to ensure ethical operation of the business. (1) Explain how