ACC 290 Week 4 Learning Team Reflection

ACC 290 Week 4 Learning Team Reflection
Discuss the objectives for Week Three. How do they relate to the practice of accounting and its uses in business?

Prepare closing entries, reversing entries, and a post-closing trial balance.

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Prepare a financial statement worksheet.

Prepare a classified income statement, retained earnings statement, and balance sheet.

Write a 350- to 500-word summary of your Learning Team’s discussion.

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