Friday, March 18, 2011

ch 5-7

The Chapters 5-7 were a lil rough for me. It is almost like accounting takes too much. I almost considered dropping the class. The high demand on completing a chapter in one week is difficult. Especially, having group projects and a quiz due every week. In ch. 5, it was good to see how companies use discountts in their stores, and the formulas they use such as, 2/10,n/30. Ch.6 was one of the harder chapters to me. Talking about the LiFO and FiFO. I was pushed for time so I had miss my Wiley plus assignments for those two chapters.
By Chapter 7, I had to make a decision do I want to stay in the class or not. Ch. 7 was an easy chapter, so it helped influence me to stay. I completed my Wiley Plus assignment for the week. Thanks for Mrs. Smith showing me how to get an interactive tutorial, and how to do the first problem. I understand a lot better on how to do cash budgets for a company. I had always been curious about fraud going on in business. Now I understand the Cash disumbersements Controls that Publix use, which I work for them.

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