Accounting is something that usually has to be experienced to gain the most from it, although some memorization is essential, too. One cannot learn to play the piano by merely reading and memorizing from a book. Accounting works the same way. For most chapters, students should expect to spend a minimum of 4 to 6 hours working on their homework assignment. Homework is due at the end of class on the last day spent on each chapter, unless otherwise directed by your instructor.
Homework is to be done in pencil, with any subsequent corrections made in class to be done in ink.
This allows the instructor to see the efforts made out of class and to evaluate student progress. Student errors will automatically be highlighted in ink for your preparation for exams. Also, initial solutions should be attempted in pencil as erasures are common in accounting. An assignment sheet will be given for Monopoly at a later time. All homework is made up of problems, unless Ex precedes the problem number, in which case, the assignment is an exercise.