Week 3 Problem Sets


Edmonds, T. P., Edmonds, C., McNair,F. M., & Olds, P. R. Fundamental Financial Accounting Concepts (9th edition). New York, NY: Mcgraw Hill Higher Education.

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ISBN: 9781259296802


Part 1

  1. Please identify four of the financial statements a for-profit organization will compile, define them, and then describe how they interact with each other.
  2. Write a page paper explaining how it works.

Part 2

  1. Exercise 3-9A on page 178
  2. Exercise 3-10A on page 178
  3. Exercise 3-15A on page 179
  4. Exercise 3-17A on page 180
  5. Problem 3-31A page 187
  6. Exercise 4-17A