The Role of Accounting in Business

Activities and Assignments

Activities and Assignments

Readings

Textbook Chapter 1.

Suggested practice

Complete texbook exercises:

  • E1-1 (Type of Business)
  • E1-2 (Business Emphasis)

Required Homework

Complete texbook problems and financial analysis in CengageNow.

  • P1-3 (Income Statements, Retained Earnings, and Balance Sheet)
  • P1-4 (Statement of Cash Flows)
  • P1-5 (Financial Statements, Including Statements of Cash Flows)
  • FA1-1 (Rate of Return on Assets)

Discuss

Discuss in eLearning Case 1-2 (Ethics and Professional Conduct in Business) found on page 40 of the textbook.

Don't forget to follow guidelines for discussion posting.