ACC 300 WEEK 3 Working With Financial Statements

<span itemprop="name">ACC 300 WEEK 3 Working With Financial Statements</span>

ACC 300 WEEK 3 Working With Financial Statements

ACC 300 WEEK 3 Working With Financial Statements

Write a 1,400- to 1,750-word paper explaining the following:

  • Revenue recognition principle
  • Expense recognition principle

Describe the four situations that require adjusting journal entries and provide one example for each:

  • Prepaid expenses
  • Unearned revenues
  • Accrued expenses
  • Accrued revenues

Format the paper consistent with APA guidelines.

Complete problem set P4-2A in Ch. 4 of Financial Accounting.

Click the Assignment Files tab to submit your assignment.

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ACC 300 WEEK 3 Working With Financial Statements