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I’m studying for my Accounting class and need an explanation.
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UGGESTED RESOURCES
The resources provided here are optional. You may use other resources of your choice to prepare for this assessment; however, you will need to ensure that they are appropriate, credible, and valid. They provide helpful information about the topics in this unit. The MBA-FP6014 – Financial Accounting Library Guide can help direct your research. The Supplemental Resources and Research Resources, both linked from the left navigation menu in your courseroom, provide additional resources to help support you.The following resources are assessment specific templates for completing the assessment.
Assessment 4, Comprehensive Problem Template.
The following resources provide relevant financial accounting methods and practices.
Doran, D. T. (2012). Financial reporting standards: A decision-making perspective for non-accountants. New York, NY: Business Experts Press.
Chapter 1, "Overview of financial Accounting," pages 1-25
Chapter 2, "Cash, Receivables, and Revenue Recognition," pages 27-55
Chapter 3, "Inventory and Cost of Goods Sold," pages 58-88
Chapter 4, "Operational Assets," pages 89-124
Chapter 5, "Liabilities: Current Contingent, and Long Term Debt," pages 125-161
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