Topic 03 Assignment: Accrual Accounting ConceptsComplete the following exercises and problems in your textbook:
Case 3-1: Accrued Revenue at the end of Chapter 3 in your textbook.Exercise 3-3. You may use the E3-3 worksheet for assistance completing this exercise.Problem 3-3. You may use the P3-3 worksheet for assistance completing this problem.Please place your work in a Microsoft Word document. Submit this assignment to the dropbox "Topic 03 Assignment: Accrual Accounting Concepts." You can navigate to this dropbox by clicking the “next” arrow at the top right of your screen. This assignment is worth 40 points and will be graded according to the scoring guide below.
ConnectSCORING GUIDE ( 40 POINTS )Rating Scale10-9 Work meets or exceeds criterion at a high level of competence.8 Work reflects an understanding of criterion with minor misunderstandings/misconceptions.7 Criterion partially met, but one or more important concepts/skills are missing or flawed.6 Work reflects an attempt to meet criterion, but significant misunderstandings/misconceptions are apparent.5-0 Criterion not met or work is absent.Criteria1. Correctly prepared the financial statements for E3-3.2. Correctly completed the financial statements for P3-3.3. Demonstrates an overall high level of knowledge of financial statement preparation.4. Demonstrates an overall high level of knowledge of the accrual method.
AC2760 Topic 03 Assignment Accrual Accounting Concepts
Date Published: 17 December, 2017