Irma Said:

I am interested in taking some online classes but don't have any idea where to start.?

We Answered:

Look into your local community colleges.

Barbara Said:

What are two online “tools” that can be used for collaborative writing?

We Answered:

Collaborative=working with some-one-else...so how about a web cam and the net...

Ernest Said:

Should I try taking more online classes?

We Answered:

Two courses is not excessive, so long as you have good time-management skills.

Be very careful to attend a reputable online school. Stay away from worthless schools such as University of Phoenix.

Marcus Said:

Do you think I should take ACCT 1011 Business Math Applications online?

We Answered:

If the class is anything like Accounting 101 you'll learn topics on Financial Statements (Balance sheet, Statement of OE, Income Statement), Assets, Liabilities, Equity, Revenues, Expenses, Depreciation, credits and debits, short term and long term assets and liabilities, journal and ledger entries, T-Accounts, depreciation, payroll, and some other topics. The problems are a combination of word problems and math problems.

For example:

A. Bob Smith sells and ships a computer to Pete Hammond on account for $1,000.

1. Does Bob declare a revenue?
2. What accounts are effected
3. Prepare the journal entry

B. Pete Hammond pays Bob $500 in cash.

1. Prepare the journal entries for the affected accounts.

C. Pete pays the balance in cash.

1. Prepare the journal entries for the effected accounts.

For A a revenue is declared and since it was on credit accounts receivable is affected. The journal entry is a debit to A/R and credit to Revenue.

For B a debit to cash and a credit to A/R for $500
For C a debit to cash and a credit to A/R for $500

There are a lot of situations and problems like that and I will tell you the closing entries, adjustment entries, closing trial balance, post-closing trial balance can be a nightmare.


Hope this helps your decision.

Stephanie Said:

How do u write a formal memo? I need it for my Business Class-quick. Help!!!?

We Answered:

http://wagner.nyu.edu/current/services/f…

try the above link for some help...the info looks pretty good.