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Basic Accounting – BUS 1102: Learning Materials

Get ready for your college courses.

To best prepare for your future studies, please review the below preparation resources. We encourage you to use the time before starting your first term, to get a taste of the topics of your upcoming courses. There’s no better time to start than now! Good luck with your studies!

Learn Basic Accounting

Course overview.

The Basic Accounting course introduces students to financial reporting and financial management concepts and practices. The primary focus of this course is the preparation, use, and analysis of general purpose financial statements in support of the capital market decision-making process. In addition, certain financial accounts concepts related to current assets will be covered.

Preparation Resources

  • Walther, L.M. (2012). Principles of Accounting . Logan, UT: Utah State University. Available at  http://www.principlesofaccounting.com/ (Chapters 1-8 only)

Principles of Business Management – BUS 1101 -Course Schedule and Topics:

This course will cover the following topics in eight learning sessions, with one Unit per week. The Final Exam will take place during Week/Unit 9 (UoPeople time).

Week 1: Unit 1  – Introduction to the Course and Principles of Financial Accounting

Week 2: Unit 2  – The Accounting Cycle: Analyzing and Recording Transactions

Week 3: Unit 3  – The Accounting Cycle: Adjusting Entries and Preparing Financial Statements

Week 4: Unit 4  – Completing the Accounting Cycle: The Closing Process

Week 5: Unit 5  – Accounting for Merchandising Operations

Week 6: Unit 6  – Cash and Internal Controls

Week 7: Unit 7  – Accounting for Receivables

Week 8: Unit 8  – Inventories and Cost of Goods Sold

Week 9: Unit 9  – Course Review and Final Exam

Scholarly Guider

Email us : [email protected]

(Solution) BUS 1102 Learning Journal Unit 3

Bus 1102 – basic accounting.

The Learning Journal is a space where you should reflect on what was learned during the week and how it applies to your daily life and will help you with your life (career) goals.

For this week’s assignment, you will build on the Unit 2 learning journal by using the  information in the attached template  located in this Unit’s on the main page. Download the template and use it to fill in your answers (Income Statement, Statement of Retained Earnings, and Balance Sheet). **Note: you will not have access to this template until Friday after the due date for the Unit 2 Learning Journal (Thursday evening).

Please complete the following tasks: 

  • Complete the Income Statement.
  • Complete the Statement of Retained Earnings
  • Complete the Balance Sheet.
  • Explain what you most liked about the Unit 3 learning journal. Please answer in 75 – 100 words.
  • Explain what you least liked about completing the Unit 3 learning journal. Please answer in 75 – 100 words.

…..please click the icon below to purchase the solution at $15 

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