Accounting 211 "Fundamentals of Financial Accounting", is known as one of the hardest classes to take at Radford University. Professors will openly tell you, this is a hard class and it requires a lot of effort. You will have to study and if you find yourself behind, it's going to be hell on you in the future.
Of course, when professors are telling you all this on syllabus, you're probably thinking:
Can't I just get my degree already? So congratulations! You just signed up for hell in the form of T-accounts and balance sheets. Little do you know that accounting is about to hit you in the face just like the shoe that hit Damien when he was killing his solo.
So first they'll start off with basic definitions; what is accounting? What is a balance sheet? If you get Scheetz, she's sweet enough to give you a exercises and notes book with fill-in the blanks and matching. You're probably thinking, "Wow, this is easy":
Then we'll start moving into the magical world of defining assets, liabilities, and stockholder equity. REMEMBER Assets equal Liabilities plus Stockholder Equity. Get it tattooed into your mind forever! Also, you'll learn about normal debit or credit balances! Fun! Fun! Fun!
Well here come the journal entries. You get to decipher which accounts are affected and whether they fall under debit or credit. Plot twist; it might not even need a journal entry. Suddenly you're starting to feel a little:
Time to go into trial balances, income statements, and post-closing trial balances! Meaning if you mess up one part of the problem it can all come crashing down! Also, Connect only gives you two chances to submit your work and, no, it won't directly tell you the answers after the first try.
Wow! You've been here for like four weeks, already? Time for the first exam! At this point, I'd go to tutoring. They host it every Monday and Thursday. If you can't make it, I'd suggest the LARC (Learning Assistance and Resource Center). It's in Walker. You're desperate, you'll find it. There are so many resources to help you.
Although accounting is hard, it is a required class for a lot of Business majors. I don't even want to think about what the accounting majors are thinking right now. Sure it may feel like:
and have you feeling like :
But it'll get better! With help, you'll pass this class! Don't be afraid to ask for help! Pretty soon you'll be Regina George post-bus accident. Taking out your frustrations on this accounting homework!
Remember fetch won't happen and your accounting equations, losers!
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