Accounting
Babyp10
ACC290_r7_Analyzing_the_Effect_of_Transactions_guide_week2.doc|
Analyzing the Effect of Transactions Grading Guide ACC/290 Version 7 |
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Analyzing the Effect of Transactions Grading Guide
ACC/290 Version 7
Principles of Accounting I
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Individual Assignment: Analyzing the Effect of Transactions
Purpose of Assignment
The purpose of this assignment is to help you become familiar with examining transactions and how it affects the balance sheet.
Resources Required
Financial Accounting: Tools for Business Decision Making
Grading Guide
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Content |
Met |
Partially Met |
Not Met |
Comments: |
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Wrote a minimum 150-word response describing the effect of each transaction on assets, liabilities, and stockholder’s equity. |
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Answered the following scenarios: · Issued common stock to investors in exchange for cash received from investors. · Paid monthly rent. · Received cash from customers when service was performed. · Billed customers for services performed. · Paid dividend to stockholders. · Incurred advertising expense on account. · Received cash from customers billed in (4). · Purchased additional equipment for cash. · Purchased equipment on account.
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Total Available |
Total Earned |
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6 |
#/6 |
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Writing Guidelines |
Met |
Partially Met |
Not Met |
Comments: |
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The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements. |
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Intellectual property is recognized with in-text citations and a reference page. |
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Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper. |
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Sentences are complete, clear, and concise. |
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Rules of grammar and usage are followed including spelling and punctuation. |
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Total Available |
Total Earned |
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3 |
#/3 |
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Assignment Total |
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9 |
#/9 |
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Additional comments:
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