ACC 205 Week 2 DQ Complete the Accounting

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ACC 205 Week 2 DQ Complete the Accounting

ACC205 Principles of Accounting I

Horngren, C.T., Harrison W.T., Oliver M.S. (2011). Accounting (9th ed). Upper Saddle River, New Jersey: Pearson Prentice Hall: ISBN: 9780132569057

1st Posting Due by Day 3. Complete the Accounting Cycle. Explain the purpose of adjusting entries. How is net income affected if adjusting entries are not made? Describe the four closing entries and explain their purpose.

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