Assignment Content

Upon completion of this assignment the student will have learned and demonstrated his/her knowledge and skills related to Types of account, the accounting equation, how to prepare the financial statements, the income statement, the statement of owners equity, and the balance sheet.

Completion of this assignment requires the following:

1. Review the chapter 1 PowerPoint slides for a basic introduction to financial accounting (seeUnit 1).
2. Review all videos related to the chapter for a thorough discussion on the various topics related to intro to financial accounting (Under Unit 1).
3. Review the instructor developed reading material (seeUnit 1) and read chapter 1 from the OER Book.
4. IMPORTANT:It is strongly advised that you do the homework exercises shown on the syllabus for this chapter (see Syllabus). Homework exercises are provided for you to assess how well you have learned the knowledge and skills covered in this chapter. The homework exercises and complete solutions are provided here in (seeUnit 1) for you to check your work. The homework is strictly on an honor's basis. You do not have to submit it to me nor will I be reviewing it.See #8, below.
5. SUBMITTAL REQUIREMENT:Upon completion of the above, download the attached file and save it; then solve all of the problems included therein, saving the file as you complete the various problems. When finished, save the completed file and resubmit to your instructor by the due date, and via the attachment link only. All work must be typewritten with accompanying calculations, as necessary.__________________
6. No hand written assignment will be accepted. No assignment will be accepted if sent via email or as a message. Any assignment submitted incorrectly, for whatever reason, will not be checked and receive a grade of zero for that assignment.
7. IMPORTANT:An online practice quiz will become available on the day following the assignment due date (seeAssessments). You must access and complete this practice quiz via theLockdown Browser (seeSyllabus), by 11:59 PM on that day, to receive credit.
8. Should you have any question about any of the material provided (reading material, PowerPoint slides, videos, homework, etc.), place your question/concern on the discussion board for the chapter so that all can benefit from my or your fellow students' responses.
9. I view the discussion board daily so that you can expect a response fairly quickly. However, if you wait till the due date to ask questions, you may not receive a response in time to complete the assignment for which you are still responsible. As such, begin this assignment sooner rather than later.