ACC 291 Week 2
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ACC 291 Week 2
Individual Assignment Week Two
Resources: Ch. 9 of Financial Accounting
Complete Exercise E9-1, E9-7, & E9-12.
Complete Problem P9-7B, parts a and b only
Submit utilizing the Microsoft Excel template provided in the Course Materials forum.
Discussion Questions
Which depreciation method provides you the highest depreciation expense in the first year? Why?
What types of industries have unearned revenue? Why is unearned revenue considered a liability? When is the unearned revenue recognized in the financial statements?
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