work2.docx

1..Explain your understanding of the four basic financial statements and how are they useful to the end users.

To receive full credit for this discussion:

· Begin contributing to the discussions no later than midnight of the first  Saturday after a Lesson opens.

· Your original post should be a minimum of  150 words.

· Read and evaluate at least two of your peer's postings and compose substantial in-depth responses for both.

· Include examples in your discussion.

· Use APA guidelines to cite references.

· Correct grammar and spelling are required.

· For full credit you MUST have at least two citations

2.. Explain your understanding of source documents

To receive full credit for this discussion:

· Begin contributing to the discussions no later than midnight of the first  Saturday after a Lesson opens.

· Your original post should be a minimum of  150 words.

· Read and evaluate at least two of your peer's postings and compose substantial in-depth responses for both.

· Include examples in your discussion.

· Use APA guidelines to cite references.

· Correct grammar and spelling are required.

· for full credit you MUST have two citations

3.. Explain your understanding of why closing of the fiscal year is necessary

To receive full credit for this discussion:

· Begin contributing to the discussions no later than midnight of the first  Saturday after a Lesson opens.

· Your original post should be a minimum of  150 words.

· Read and evaluate at least two of your peer's postings and compose substantial in-depth responses for both.

· Include examples in your discussion.

· Use APA guidelines to cite references.

· Correct grammar and spelling are required.

· For full credit you MUST have at least two citations

4..Explain your understanding of accounts payable as it relates to vendors

To receive full credit for this discussion:

· Begin contributing to the discussions no later than midnight of the first  Saturday after a Lesson opens.

· Your original post should be a minimum of  150 words.

· Read and evaluate at least two of your peer's postings and compose substantial in-depth responses for both.

· Include examples in your discussion.

· Use APA guidelines to cite references.

· Correct grammar and spelling are required.

· For full credit you MUST have at least two citations