To begin, reread the Course Learning Objectives we have covered in class which are as follows:

Describe the nature and purpose of financial accounting.

Record transactions and prepare financial statements (income statement, statement of owners equity, balance sheet) for a sole proprietorship.

Implement the proper accounting procedures for a merchandising company that carries inventory.

Implement the proper accounting procedures for current assets.

Implement the proper accounting procedures for long-term assets.

For your main discussion post, reflect on your learning throughout the course and answer the following questions:

Of the above Course Learning Objectives, which has had the most and which has had the least impact on your learning? Elaborate your response.

How will you apply what you have learned in this class as a foundation for learning in other courses? Explain.

Do the concepts and skills learned in this class be helpful to you in your career? Describe.