ACC 211 Week 3 Discussion 1 | Assignment Help | excelsior-college
- excelsior-college / ACC 211
- 09 Feb 2021
- Price: $8
- Other / Other
ACC 211 Week 3 Discussion 1 | Assignment Help | excelsior-college
M3D1: Let’s Discuss
Permanent Accounts and Temporary Accounts
Identify and
describe the permanent accounts and temporary accounts that are used in an
accounting cycle.
What is the
difference between a permanent and temporary account? Provide an example
of the closing process.
This discussion
will address the following Module Outcomes:
MO3: Explain the
process of adjusting the general ledger accounts, closing the books, and
preparing the financial statements. (CO2)
Consult the Discussion Posting
Guide for information about writing your discussion posts. It is recommended
that you write your post in a document first. Check your work and correct any
spelling or grammatical errors. When you are ready to make your initial post,
click on "Reply." Then copy/paste the text into the message field,
and click "Post Reply."
To respond to a
peer, click “Reply” beneath her or his post and continue as with an initial
post. For full credit, please be sure to respond to more than two other
students’ initial responses, as well.
Evaluation
This discussion will be graded using the discussion board rubric. Please review
this rubric, located on the Rubrics page within the Start Here module of the
course, prior to beginning your work to ensure your participation meets the
criteria in place for this discussion. All discussions combined are
worth 20% of your final course grade.
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