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Need 200 words initial post for each discussions and one reply for each discussion
Discussion Topic #2
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For this week’s class discussion, please address 2 of the learning objectives below from this past week’s reading. In addition, please write about a concept from this week that you found particularly confusing or challenging. Finally, please respond to a classmate’s post to give them some tips on how you approached a topic that they noted as confusing or challenging.
Learning Objectives: CHAPTER 1
1. LO 1-1 Describe various organizational forms and business decision makers.
2. LO 1-2 Describe the purpose, structure, and content of the four basic financial statements.
3. LO 1-3 Explain how financial statements are used by decision makers.
4. LO 1-4 Describe factors that contribute to useful financial information.
Learning Objectives: CHAPTER 2
1. LO 2-1 Identify financial effects of common business activities that affect the balance sheet.
2. LO 2-2 Apply transaction analysis to accounting transactions.
3. LO 2-3 Use journal entries and T-accounts to show how transactions affect the balance sheet.
4. LO 2-4 Prepare a trial balance and a classified balance sheet.
5. LO 2-5 Interpret the balance sheet using the current ratio and an understanding of related concepts.
This post is worth 18 points towards your grade. Your post needs to be broken down into 3 initial paragraphs of at least 5 sentences each. Your response to your classmate needs to be at least 5 sentences as well. Here is how I will grade your post:
· Proper grammar and spelling (please treat this as you would in a professional environment): 3 points
· Completing 3 paragraphs of at least 5 sentences each in your initial post: 10 points
· Responding to a classmate with a thoughtful response of at least 5 sentences: 5 points

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