ACC225 Week 4 Assignment – Preparing Entries and Statements

ACC 225 Week 4 Assignment – Preparing Entries and Statements· Resources: Fundamental Accounting Principles, pp. 165-167· Due Date: Day 7 [Individual] forum· Complete Problems 4-5A and 4-6A. When responding to the analysis component of 4-5A, be sure to think critically about the possible errors that are described. In your answer,be sure to carefully analyze the worksheet as if the errors were made and present theevidence for your explanation. Identify the consequences of the errors and describe theirimpact on the financial statements. Explain whether the error is likely to be discoveredwhen completing the worksheet.· Post your answers as an attachment.