ACC 305 course Marvelous Learning/tutorilarank.com

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ACC 305 course Marvelous Learning/
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The Best way to predict the Future is to create
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ACC 305course Marvelous Learning /
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ACC 305 Entire Course (DQs, Assignment,
Quizzes) For more course tutorials
visit www.tutorialrank.com Please check All
included Assignments/DQs/Quiz Below ACC 305 Week
1 Assignments E 3-18, E 3-20, Judgement Case
3-5 ACC 305 Week 1 DQ 1 FASB and Ethics ACC 305
Week 1 DQ 2 Cash versus Accrual Financial
Disclosures
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ACC 305 Week 1 Quiz (2 Set) For more course
tutorials visit www.tutorialrank.com ACC 305
Week 1 Quiz (2 Set) 1. Question
Rent collected in advance is 2.
Question An exception leading to a
qualified opinion would not include 3.
Question The principal concern with
accounting for related party transactions is
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ACC 305 Week 2 Assignment (E4-16, E4-19, E4-22,
Case 4-9, E5-3, E5-10) For more course tutorials
visit www.tutorialrank.com E4-16 Bluebonnet
Bakers E4-19 Wainwright Corporation E4-22 Tiger
Enterprises Judgment Case 4-9 E5-3 Instalment
sales
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ACC 305 Week 2 Assignment Integrating Case 5-23
(Covington Pike) For more course tutorials
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Problem Integrating Case 5-23 Integrating Case.
Review the information pertaining to the audit of
Covington Pike Corporation in problem 5-23 on
pages 296-297 of your text. Use the list of
ratios and the notes provided to approximate the
current years balances in the form of a balance
sheet and income statement, to the extent the
information allows. Accompany those financial
statements with calculations you use to estimate
each amount reported
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ACC 305 Week 2 DQ 1 Earnings Management Case
4-3 For more course tutorials visit www.tutorialra
nk.com Companies often are under pressure to
meet or beat Wall Street earnings projections in
order to increase stock prices and also to
increase the value of stock options. Some resort
to earnings management practices to artificially
create desired results. Required Is earnings
management always intended to produce higher
income? Explain.
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ACC 305 Week 2 DQ 2 Revenue Recognition Case
5-2 For more course tutorials visit www.tutorialra
nk.com Revenue earned by a business enterprise
is recognized for accounting purposes at
different times, according to the circumstances.
In some situations revenue is recognized
approximately as it is earned in the economic
sense. In other situations revenue is recognized
at point of delivery. Required 1.
Explain and justify why revenue often is
recognized as earned at point of delivery.
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ACC 305 Week 2 Quiz For more course tutorials
visit www.tutorialrank.com ACC 305 Week 2 Quiz
1. Question Indiana Co. began a construction
project in 2006 that will provide it 150 million
when it is completed in 2008. During 2006,
Indiana incurred 36 million of costs and
estimates an additional 84 million of costs to
complete the project.
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ACC 305 Week 3 Assignment (P7-10, P7-14) For more
course tutorials visit www.tutorialrank.com
P7-10 (pg388) Evergreen Company Required REQ1-
prepare the necessary journal entries for
Evergreen for each of the about dates. For
transactions involving the sale of merchandise,
ignore the entry for the cost of goods sold
(round all calculations to nearest dollar).
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ACC 305 Week 3 DQ 1 Present Value of Annuities
(Communication Case 6-3) For more course
tutorials visit www.tutorialrank.com
Communication Case 6-3 on page 334 Harvey
Alexander, an all-league professional football
player, has just declared free agency. Two teams,
the San Francisco 49ers and the Dallas Cowboys,
have made Harvey the following offers to obtain
his services 49ers 1 million signing bonus
payable immediately and an annual salary of 1.5
million for the five-year term of the contract.
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ACC 305 Week 3 DQ 2 Internal Control (Judgment
Case 7-5) For more course tutorials
visit www.tutorialrank.com Judgment Case 7-5 on
page 391 For each of the following independent
situations, indicate the apparent internal
control weaknesses and suggest alternative
procedures to eliminate the weaknesses.
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ACC 305 Week 3 Quiz (2 Set) For more course
tutorials visit www.tutorialrank.com ACC 305
Week 3 Quiz (2 Set) 1. Question
On November 10 of the current year, Cherokee
Industries sold materials to a customer for
8,000 with credit terms 2/10, n/30. Cherokee
uses the net method of accounting for cash
discounts. What entry would Cherokee make on
November 10?
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ACC 305 Week 4 Assignment E8-13, E8-14, E8-18,
P8-5, E9-19, E9-21, P9-1 For more course
tutorials visit www.tutorialrank.com ACC 305
Week 4 Assignment E8-13, E8-14, E8-18, P8-5,
E9-19, E9-21, P9-1
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ACC 305 Week 4 DQ 1 LIFO vs FIFO (Communication
Case 8-4) For more course tutorials
visit www.tutorialrank.com Communication Case
8-4 on page 442 You have just been hired as a
consultant to Tangier Industries, a newly formed
company. The company president, John Meeks, is
seeking your advice as to the appropriate
inventory method Tangier should use to value its
inventory and cost of goods sold. Mr. Meeks has
narrowed the choice to LIFO and FIFO. He has
heard that LIFO might be better for tax purposes,
but FIFO has certain advantages for financial
reporting to investors and creditors. You have
been told that the company will be profitable in
its first year and for the foreseeable future.
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ACC 305 Week 4 DQ 2 Overstatement of Ending
Inventory (Ethics Case 9-11) For more course
tutorials visit www.tutorialrank.com Ethics
Case 9-11 on page 497 Danville Bottlers is a
wholesale beverage company. Danville uses the
FIFO inventory method to determine the cost of
its ending inventory. Ending inventory quantities
are determined by a physical count. For the
fiscal year- end June 30, 2011, ending inventory
was originally determined to be 3,265,000.
However, on July 17, 2011, John Howard, the
companys controller, discovered an error in the
ending inventory count. He determined that the
correct ending inventory amount should be
2,600,000.
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ACC 305 Week 4 Quiz (2 Set) For more course
tutorials visit www.tutorialrank.com 1.
Question Nu Company reported the
following pretax data for its first year of
operations. Net sales 2,800 Cost of goods
available for sale 2,500 Operating expenses 880
Effective tax rate 40 Ending inventories If
LIFO is elected 820 If FIFO is elected 1,060 What
is Nu's gross profit percentage if it elects LIFO?
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ACC 305 Week 5 Assignment P11-5, P11-7 For more
course tutorials visit www.tutorialrank.com ACC
305 Week 5 P11-5, P11-7 Operational Assets
Depletion. Complete the following activities and
submit your answers to your instructor in a Word
document formatted to proper APA specifications.
Include any relevant supporting calculations.
P11-5 (Page 608-609) Review the information
pertaining to Thompson Corporation in problem
P11-5 on pages 608-609 of your text. Supply the
correct amount for each numbered item on the
schedule on page 609. Round each number to the
nearest dollar. P 11-7 (Page 610) Review the
information pertaining to the Marion Company in
problem P11-7 on page 610 of your text and answer
questions 1-3.
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ACC 305 Week 5 DQ 1 Research and Development
(Ethics Case 10-12) For more course tutorials
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Ethics Case 10-12 Ethics Case 10-12 on page 553 -
Mayer Biotechnical, Inc - Research and
development ? LO8 Mayer Biotechnical, Inc.,
develops, manufactures, and sells
pharmaceuticals. Significant research and
development (RD) expenditures are made for the
development of new drugs and the improvement of
existing drugs. During 2011, 220 million was
spent on RD. Of this amount, 30 million was
spent on the purchase of equipment to be used in
a research project involving the development of a
new antibiotic.
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ACC 305 Week 5 DQ 2 Depreciation Methods (Problem
E11-5, E11-10) For more course tutorials
visit www.tutorialrank.com Depreciation
Methods. From Chapter 11 complete E11-5 (page
599) and E11-10 (page 600) and post to the
discussion board by Day 3. Complete all parts of
the problems and report back to the group the
results of your analysis. Do not forget to show
the necessary steps and explain how you attained
that outcome. You must respond to at least two of
your classmates postings to receive full credit.
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ACC 305 Week 5 Final Paper FASB (3 Papers) For
more course tutorials visit www.tutorialrank.com
This Tutorial contains 3 Papers Focus of the
Final PaperSubmit a seven to ten page paper on
one of the major topics listed below. The paper
should incorporate at least three other
appropriately documented and related articles
drawn from the Universitys Library. (Note you
may advance your own topic, but it must be
approved by your instructor.)
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ACC 305 Week 1 Assignments E 3-18, E 3-20, J Case
3-5 For more course tutorials visit www.tutorialra
nk.com ACC 305 Week 1 Assignments E 3-18, E
3-20, J Case 3-5
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ACC 305 Week 1 DQ 1 FASB and Ethics For more
course tutorials visit www.tutorialrank.com
Research Case 1-3 (page 45) The purpose of this
case is to introduce you to the information
available on the website of the Financial
Accounting Standards Board (FASB). Required Acces
s the FASB home page on the Internet. The web
address is www.fasb.org. Answer the following
questions. 1. Describe the mission of the
FASB. 2. Who are the current Board
members? Briefly describe their backgrounds.
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ACC 305 Week 1 DQ 2 Cash versus Accrual
Financial Disclosures For more course tutorials
visit www.tutorialrank.com Judgment Case 2-1
(page 109) You have recently been hired by Davis
Company, a small public accounting firm. One of
the firms partners, Alice Davis, has asked you
to deal with a disgruntled client, Mr. Sean Pitt,
owner of the citys largest hardware store. Mr.
Pitt is applying to a local bank for a
substantial loan to remodel his store. The bank
requires accrual based financial statements but
Mr. Pitt has always kept the companys records on
a cash basis. He does not see the purpose of
accrual based statements. His most recent
outburst went something like this After all, I
collect cash from customers, pay my bills in
cash, and I am going to pay the bank loan with
cash. And, I already show my building and
equipment as assets and depreciate them. I just
dont understand the problem.
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ACC 305 course Marvelous Learning /
tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com