Assignment
1-Describe the nature of a business, the role of accounting, and ethics in business, & Describe and illustrate the use of horizontal analysis in evaluating a company's performance and financial condition.
2-Describe the nature of the adjusting process.
3-Describe the flow of accounting information from the unadjusted trial balance into the adjusted trial balance and financial statements.
4- Describe the importance of control over inventory, & Describe three inventory cost flow assumptions and how they impact the income statement and balance sheet.
5-Describe and illustrate the use of a bank reconciliation in controlling cash, & Describe the Sarbanes-Oxley Act of 2002 and its impact on internal controls and financial reporting.
6-Describe the common classes of receivables, &describe the accounting for uncollectible receivables.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.