Perform steps in the accounting cycle

Assignment Help Other Subject

Reference no: EM133235258

Assignment - Accounting Reflection Paper

Description - Provide your end of course reflections to include the following: In terms of course content what were two of the most important things you learned? (Analyze the balance sheet and financial statements.) What did you like most about the course? (Understanding fundamental accounting terminologies and completing weekly MyLab assignments.) What would you change if you could? ( I would not change anything.)

Use APA formatting with a proper cover page, two in-text citations, and a reference page. Don't forget to have a strong introduction paragraph with a good thesis statement and a concluding paragraph. See the following hints:

The First Paragraph: The Introduction

Describe your main idea, or what the essay is about, in one sentence. ...

Develop a thesis statement, or what you want to say about the main idea. ...

List three points or arguments that support your thesis in order of importance (one sentence for each).

The Last Paragraph: The Conclusion

Restate thesis statement;

Get the main idea from the first paragraph of your essay body;

Get the main idea from the second paragraph of your essay body;

Get the main idea from the third paragraph of your essay body;

Conclude all your main thoughts.

Lessons Learnt:

1. Interpret financial statements

2. Ability to value, record and classify business transactions.

3. Define and use accrual and cash basis of accounting and inventory systems.

4. Analyze balance sheet and financial statements.

5. Perform steps in the accounting cycle including adjusting entries, closing entries and preparation of income statements and balance sheets.

Reference no: EM133235258

Questions Cloud

Explain the rw model in order to practice using the model : Describe that scenario, and then explain it in terms of the RW model in order to practice using the model.

Limitations of existential therapy : Expand on the strengths and weaknesses/limitations of existential therapy when it comes to approaches for multicultural counseling.

What are the ethical violations : The counselor recommends six more months of counseling because his practice has been slow, and he needs the money. What are the ethical violations?

What are the sensory capacities of the infant : What sights, sounds. and textures will you incorporate into the infant's room that correspond to the child's abilities and preferences?

Perform steps in the accounting cycle : Perform steps in the accounting cycle including adjusting entries, closing entries and preparation of income statements and balance sheets

What is the importance of human resources management : MGT324 Public Management Assignment- Effective Human Resource Management Questions, Saudi Electronic University-What is importance of human resources management

Importance of sleep to learning : Include in your notes the importance of sleep to learning and how you could use this research in your own life.

What is the ethical violations : She advises you to get a divorce because men are awful human beings who will only take advantage of you. What is the ethical violation/s?

What is dwecks theory about the effect of praise : What is meant by a fixed mindset? What is meant by a growth mindset? What is Dweck's theory about the effect of praise?

User Account

All Pages