University of the people

Learning Journal Unit 3

Bus 1102: Principles of accounting

Armen Shahinyan (Instructor)

21th September, 2022

Explain what you most liked about the Unit 3 learning journal. Please answer in 75 - 100

words.

Compared to the previous week's unit, this unit was significantly better. I am now more

knowledgeable about financial statements and better understand them. Additionally, using this

week's learning diary, I developed journal entries for the Happy House Bakeshop project, a t-

account, and other financial statements. I can now perform these financial statements repeatedly.

It was beneficial for me to work out how last week's diary should have looked on my own and to

observe how various entries are handled. I can make these financial statements presently.

Explain what you least liked about completing the Unit 3 learning journal. Please answer in

75 - 100 words.

I loved learning everything in this course. However, this week seemed too loaded with projects

and material. It has been challenging, and I still do not feel particularly secure in my new

abilities. I like every aspect of studying unit 3, but I still do not feel self-confident enough and

spend too much time on additional revision, which is why it took so long to complete the work,

even though it did not appear to be that difficult this week. To ensure that all I have learned is

put into practice in the future, I would need to maintain my concentration.

References:

Franklin, M. Graybeal, P. & Cooper, D. (2020). Principles of accounting, volume 1: Financial

accounting. Open Stax Rice University. https://openstax.org/details/books/principles-financial-

accounting