The assignment focuses on Information Literacy and Communication-Accounting Principles (GAAP). Also, this assessment requires you to complete a series of accounting transactions using Excel.
Information Literacy and Communication-Accounting Principles (GAAP)
This assessment requires you to complete a series of accounting transactions using Excel. Click the following link for the Final Exam Click for more options . Completing this Assessment will help you to: Course Outcomes: Recommend ethical solutions to a variety of business problems. Solve basic partnership and corporate accounting transactions including presentation of equity on balance sheet. Compute and evaluate depreciation, amortization, and depletion methods and apply the methods to fixed and intangible assets. For example, Stitch Company is a textile manufacturer specializing in t-shirts, but provides other textile services as well. Stitch Co. equipment used to make the t-shirts and other clothing products. Note that these products only have a useful life of five years. Currently, there is one piece of equipment which has broken down.
Information Literacy and Communication-Accounting Principles (GAAP)
Examine appropriate acquisition and disposal of assets Program Outcomes: Record and report financial information using Generally Accepted Accounting Principles (GAAP). Institutional Outcomes: Information Literacy and Communication – Utilize appropriate current technology and resources to locate and evaluate information needed to accomplish a goal, and then communicate findings in visual, written and/or oral formats. Relational Learning – Transfer knowledge, skills and behaviors acquired through formal and informal learning and life experiences to new situations. Thinking Abilities – Employ strategies for reflection on learning and practice in order to adjust learning processes for continual improvement. Quantitative and Scientific Reasoning – Follow established methods of inquiry and mathematical reasoning to form conclusions and make decisions.
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