Skills The purpose of this discussion is to help you practice the following skills that are essential to your success in this course / in school / in this field / in professional life beyond school:

Module objective 1: Accounting terms, concepts and procedures

This discussion will also help you to become familiar with the following important content knowledge in this discipline:

Content knowledge item 1 : Step of the accounting cycle, accrual revenue and expenses, deferred revenues and expenses, net income

Content knowledge item 2: The closing process

The purpose of this discussion is to help you practice the following skills that are essential to your success in this course / in school / in this field / in professional life beyond school:

Module objective 1: Accounting terms, concepts and procedures Knowledge This discussion will also help you to become familiar with the following important content knowledge in this discipline:

Content knowledge item 1 : Step of the accounting cycle, accrual revenue and expenses, deferred revenues and expenses, net income

Content knowledge item 2: The closing process, temporary accounts, permanent accounts, accounting periods Tasks 1. In a new post, use the Reply button at the bottom of this page to respond to the following questions:

Discussion question 1: What are some accounting terms, concepts and procedures that you feel most comfortable with at this point.

Discussion question 2: What are some of the accounting terms, concepts and procedures that you are still having some trouble with?