This webpage will serve as a media for posting the current status of the Financial Accounting Class  (ACCT 2301) assignments and upcoming events.  You will find things like specific items to be covered in the next class session, reminders of items due for submission, special instructions for homework problems, exam dates, etc.


Financial Accounting (Acct 2301)
Fall 2023 Semester

Current Class Assignments


                  October 9

        1......Lecture Chapter 7
        2......Work Chapter 7 Exercise

Note: There is no class session on October 4.

Homework Assignments

Your homework problems count
12% toward your final grade.  Failing to accomplish the homework assignments can affect your final grade by as much as a grade level.

It is always best to at least attempt the homework problems.  It is my observation that you always gain knowledge, regardless of whether or not you get everything right.  Any number of points received is much better than a zero.

Reminder:  Any missing or late homework assignments must be turned in by Exam date that relates to those chapters.



Connect System Homework Submissions


Assigned homework problems will usually be accomplished on-line by personal computer, or in one of the on-campus labs.

If you do not complete the assignments using the on-line system, you may complete the assigned textbook  problems manually, using either the provided generic forms or ones that you create.



Generic Working Papers


Generic working papers have been provided in the
Course Resources webpage under  Course Handouts.   You have a choice of two different formats that can be downloaded.  You will find the form downloads listed, on the Course Handouts webpage, immediately after the Course Materials section.  These generic forms should be adequate for completing most of the assigned homework problems.  As a result, you may find that it is not necessary to purchase the optional Working Papers workbook that accompanies the textbook.



The following section of this webpage will be devoted to temporary postings of such things as special instructions for homework problems, notices concerning specific assignments, downloads of problems, and other issues.  These postings will usually be deleted after one week.


Problem / Document Downloads

The following assigned problems are available for downloading when there are green "Xs" displayed under a specific format.  Click on the green "Xs", under the desired format, to begin the download.


Problem / Document


MS Word


4 Comprehensive Problem 1 XXXXXX XXXXXX XXXXXX
5 Problem 5-1A, Specific ID XXXXXX XXXXXX XXXXXX



Class Exercises 

Textbook exercises for each chapter, will be posted for downloading after completing the related chapter.  This will provide additional information to assist in completing your homework assignments.  Click on the highlighted "Chapter" to download a copy of the exercise PowerPoint slides.  When the Chapter is highlighted in
green, you can then download the selected file.

The files are compressed in a ZIP format.  To unzip the files, you will need the WinZip or similar program.  The WinZip program can be downloaded below.

To view the PowerPoint Slides you must have the PowerPoint Program or the PowerPoint Viewer.  If you do not have the PowerPoint program, the Viewer can be downloaded below.   With the Viewer, you can also print any of the slides in each of the files.

Click on the below link to download the PowerPoint Viewer

PowerPoint Viewer


Click on the below link to download WinZip



Chapter 1 Chapter 5 Chapter 10
Chapter 2 Chapter 6 Chapter 11
Chapter 3 Chapter 7 Chapter 12
Chapter 4 Chapter 8 Chapter 13


Temporary Postings



Chapter 6 Homework "A" Series Problems

Problem 6-3A.  When completing this problem, accomplish a reconciliation (i.e., remaining cash + receipts compared to petty cash authorization amount) to see if there is an overage or shortage.  

Problem 6-5A.  Reminder....you have to perform a complete reconciliation of company's receipts and payments to the related deposits and checks on the bank statement, to determine the deposits in transit, outstanding checks, and any remaining unmatched items.



Chapter 5 Homework Problem 

Problem 5-1A contains a task (Requirement 3d) to compute the cost of goods sold and inventory for the Specific Identification Method.  Since we did not cover this method in Chapter 5, I am providing the data for you to input to the Connect Homework System.  You can download this data from the "Problem / Documents Downloads" section above.



Connect Homework Problem 3-5B 

Anyone that did not complete the assigned "A" series homework, for Chapter 3, may work Problem 3-6B in the textbook, and turn it in for grading.   Reminder.....the "B" series of homework problems are not in the Connect System, therefore you have to complete the problem manually.  You will find the problem at the end of the chapter in the e-textbook.

Remember that the general journal entries under tabs "Requirement 1" and "Requirement 4 ( Adj Entries)" in the problem, must be posted to the General Ledger accounts , then you will have the proper account balances for each of the trial balances.



Chapter 2 Homework "B" Series Problem

Anyone that did not complete the assigned "A" series homework, for Chapter 2, may work Problem 2-2B in the textbook, and turn it in.  Reminder.....the "B" series of homework problems are not in the Connect System, therefore, you have to complete the problem manually.  

Submit your completed documents for this problem by email.  


Zoom Meeting Video Link 

The following is the on-line link to the September 25 Zoom class session video.  The first 11 minutes is the wait time before the class session begins, therefore, you can skip that part.  If you missed part of the class session, you can review the video and see what you missed.




Comprehensive Problem No. 1

We have finished the chapters associated with this problem and you are in a position to start work on this optional extra- credit comprehensive problem.

This problem is to be accomplished manually.  All necessary forms can be downloaded from the "Generic Working Papers" section on the "Course Resources" webpage.  When completed, turn in your completed General Journal containing all the required entries and your Adjusted Trial Balance.

Additional Notes for Completion of the Problem

1. The only items to be used are the months' transactions (April 1-30) and the adjusting entries (Items "a" through "f") in Instruction No. 4.

2.  After posting the months' transactions, be sure to produce a trial balance. You will need the trial balance to make the computations for some of the adjusting entries.

A copy of the comprehensive problem instructions is now available.  Download the problem information by clicking on the appropriate format in the "Problem / Document Downloads" section above.



Access to the Course eBook

For those individuals that may have difficulty accessing the eBook,  I am providing a PowerPoint on the eBook access process.  Click on the icon to download the PowerPoint presentation.

Microsoft PowerPoint 2013 icon






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