ACC 225 Week 4 Assignment – Preparing Entries and Statements
· Resources: Fundamental Accounting Principles, pp. 165-167
· Due Date: Day 7 [Individual] forum
· Complete Problems 4-5A and 4-6A. When responding to the analysis component of 4-
5A, be sure to think critically about the possible errors that are described. In your answer,
be sure to carefully analyze the worksheet as if the errors were made and present the
evidence for your explanation. Identify the consequences of the errors and describe their
impact on the financial statements. Explain whether the error is likely to be discovered
when completing the worksheet.
· Post your answers as an attachment.