To earn full credit, all posts must be substantive and well written. You must use a citation and reference, APA 7th ed. style, in your initial post and in at least one of your response posts.

BE AT LEAST one PARAGRAPH IN LENGTH (150 words) Quantity is IMPORTANT BUT QUALITY is just as important

Topic 1

How do you think financial accounting and managerial accounting concepts can be used in an assisting living facility. Be sure to provide a specific example of each type of accounting.

Topic 2

Identify 2 examples of items you would find on the balance sheet and 2 examples of items you would find on the income statement for a healthcare facility (hospital, emergency clinic, private practice, etc) of your choice. Try to select different types of facilities and items from your classmates.

Requirements:

Class discussions and participation are required as part of your learning experience. These discussions are designed to have you participate in the learning process and enhance your understanding of the course material by interacting with the instructor and other students. Using proper business English, post your answers/opinions using at least 1 resource from the KU library or other authoritative sources for each topic given and comment on your classmates' posts.

REFERENCE

Harrison, C., & Harrison, W. P. (2024). Introduction to health care: Finance and accounting (2nd ed.). Cengage.