Describe accounting concepts useful in classifying costs


Discussion Post: Entries- Spreadsheet and General Ledger Software- Principles of Accounting II

• Discuss the difference between correcting and adjusting entries and when to use each.

• Explain the purpose and nature of, and the role of ethics in, managerial accounting

• Describe accounting concepts useful in classifying costs.

• Explain how balance sheets and income statements for manufacturing and merchandising companies differ.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Accounting Basics: Describe accounting concepts useful in classifying costs
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