ACC 502 Full Course Discussions GCU
ACC 502 Week 1 Discussion 1
If you were to open a business, what form of business organization would you use, and why?
ACC 502 Week 1 Discussion 2
Review the available materials for the chapters covered this week, including the lecture, reading, publisher
materials, demonstration problems and exercises at the end of the chapters. After reviewing these materials and
attempting the assignment for the week, what challenges did you face? Do you have any questions on the
material? Participate in follow up discussion by helping your classmates and sharing your tips for understanding
materials, when possible.
ACC 502 Week 2 Discussion 1
The term “adjusting entries” refers to a very important step in the accounting cycle. Explain when, why, and how
the adjusting process is used. Provide an example to clarify your statements.
ACC 502 Week 2 Discussion 2
Review the available materials for the chapters covered this week, including the lecture, reading, publisher
materials, demonstration problems and exercises at the end of the chapters. After reviewing these materials and
attempting the assignment for the week, what challenges did you face? Do you have any questions on the
material? Participate in follow up discussion by helping your classmates and sharing your tips for understanding
materials, when possible.
ACC 502 Week 3 Discussion 1
The choice of inventory method is critical to the merchandising operation. Identify a well-known company, and
state what inventory method you think would be best for that company, and why.
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