ACC 290 Week 4 Learning Team Reflection Summary

ACC 290 Week 4 Learning Team Reflection Summary

Discuss the objectives for Week Three.  How do they relate to the practice of accounting and its uses in business?  Prepare closing entries, reversing entries, and a post closing trial balance.  Prepare a financial statement work sheet.  Prepare a classified income statement, retained earnings statement and balance sheet. Write a 350 to 500 word summary of your Learning Team’s discussion.