Acct301 - Week1

Topics: Generally Accepted Accounting Principles, Balance sheet, Liability Pages: 4 (508 words) Published: March 13, 2013
Class, please make sure that you
1. Submit a single file per weekly assignment, be it Excel or Word. 2. Include your name when you “name the file” so that I know who gets the grade and feedback, once I have all the files downloaded for grading. I am counting on you to follow these basic efficiency requirements so that am in a position to provide quicker feedback turnaround. Thanks and hope you find the following sample responses helpful in preparing for week-1. Good luck!

Student Name: Course #-Section: ACCT301

EXERCISE 1-3

| |(a) |(b) | |Accounts payable and accrued liabilities |L |O | |Accounts receivable |A |O | |Property, plant, and equipment |A |I | |Food and beverage operations revenue |R |O | |Golf course operations revenue |R |O | |Inventory |A |O | |Long-term debt |L |F | |Office and general expense |E |O | |Professional fees expense...
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