Describe the types and forms of businesses

Assignment Help Other Subject

Reference no: EM132146496

Discussion: To receive full credit for Week One of the discussion board, you must post the following:

At least one answer from any chapter assigned (Chapters 1-3)

At least two replies to the posts of other students

For full credit you must complete a total of THREE significant posts

Keep in mind that THREE posts is the minimum required, but more involvement on your part will increase the benefit you will receive from this class.

Chapter 1 Introduction to Accounting and Business

Describe the types and forms of businesses, how businesses make money, and business stakeholders.

Describe the three business activities of financing, investing, and operating.

Define accounting and describe its role in business.

Describe and illustrate the basic financial statements and how they interrelate.

Describe eight accounting concepts underlying financial reporting.

Chapter 2 Analyzing Transactions

Describe the basic elements of a financial accounting information system.

How do you analyze, record, and summarize transactions for a corporation's first period of operations?

How do you prepare financial statements for a corporation's first period of operations?

Reference no: EM132146496

Questions Cloud

What does it mean for two events to be mutually exclusive : Homework - Conditional Probability & Bayesian Analysis - What does it mean for two events to be mutually exclusive

Explain the role and function of the agency : Identify at least two significant regulations enforced by each agency relevant to Solar Co.'s business (totaling eight regulations).

What are the three biggest risks the firm faces : Redesign the product risk factor matrix so that the factors are appropriate for a services firm that delivers traditional tax accounting and audit services.

Demonstrate professional competency : INCS-870 - Demonstrate professional competency in one or more emphasis areas - communicate effectively and specifically demonstrate an ability to design

Describe the types and forms of businesses : Describe the types and forms of businesses, how businesses make money, and business stakeholders. Describe the three business activities of financing, investing

How does one construct a tornado diagram : ENEE/ENMG 672 Homework - Sensitivity Analysis & Basic Probability. How does one construct a tornado diagram. What is a two-way sensitivity study

How does hardys conceptualization of vocation : How does Hardy's conceptualization of vocation and the "divine economy" specifically connect with the codified work/job design theory outlined.

Define accounting and describe its role in business : Accounting, the language of business allows for the communication and distribution of information to owners, managers, and investors to evaluate a company's.

Describe transactions and source documents : This chapter focuses on the accounting process. We describe transactions and source documents, and we explain the analysis and recording of transactions.

User Account

All Pages