ACC 305 Education on your terms-tutorialrank.com

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ACC 305 Education on your terms/tutorialrank.com
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ACC 305Education on your terms/tutorialrank.com
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
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ACC 305Education on your terms/tutorialrank.com
ACC 305 Week 1 Quiz (2 Set) For more course
tutorials visit www.tutorialrank.com 1.
Question Rent collected in advance is
2. Question An exception leading
to a qualified opinion would not include
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ACC 305Education on your terms/tutorialrank.com
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 Tutorial
Purchased 2 Times, Rating A E4-16 Bluebonnet
Bakers E4-19 Wainwright Corporation E4-22 Tiger
Enterprises
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ACC 305 Week 2 Assignment Integrating Case 5-23
(Covington Pike) For more course tutorials
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Times, Rating A ACC 305 Week 2 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.tutorialrank.
com Tutorial Purchased 2 Times, Rating A
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.
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ACC 305 Week 2 DQ 2 Revenue Recognition Case 5-2
For more course tutorials visit www.tutorialrank.
com Tutorial Purchased 2 Times, Rating A
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 T
utorial Purchased 2 Times, Rating A 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 Tutorial
Purchased 2 Times, Rating A 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 305Education on your terms/tutorialrank.com
ACC 305 Week 3 DQ 2 Internal Control (Judgment
Case 7-5) For more course tutorials
visit www.tutorialrank.com Tutorial Purchased 2
Times, Rating A 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 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 305Education on your terms/tutorialrank.com
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 Tutorial
Purchased 2 Times, Rating A 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
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Times, Rating A 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 305Education on your terms/tutorialrank.com
ACC 305 Week 4 DQ 2 Overstatement of Ending
Inventory (Ethics Case 9-11) For more course
tutorials visit www.tutorialrank.com Tutorial
Purchased 2 Times, Rating A 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.
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ACC 305Education on your terms/tutorialrank.com
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 305Education on your terms/tutorialrank.com
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 305Education on your terms/tutorialrank.com
ACC 305 Week 5 DQ 1 Research and Development
(Ethics Case 10-12) For more course tutorials
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Times, Rating A ACC 305 Week 5 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 305Education on your terms/tutorialrank.com
ACC 305 Week 5 DQ 2 Depreciation Methods (Problem
E11-5, E11-10) For more course tutorials
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Times, Rating A 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 305Education on your terms/tutorialrank.com
ACC 305 Week 5 Final Paper FASB (3 Papers) For
more course tutorials visit www.tutorialrank.com
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 305Education on your terms/tutorialrank.com
ACC 305 Week 1 Assignments E 3-18, E 3-20, J Case
3-5 For more course tutorials
visit www.tutorialrank.com Tutorial Purchased 2
Times, Rating A ACC 305 Week 1 Assignments E
3-18, E 3-20, J Case 3-5
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ACC 305Education on your terms/tutorialrank.com
ACC 305 Week 1 DQ 1 FASB and Ethics For more
course tutorials visit www.tutorialrank.com Tutori
al Purchased 2 Times, Rating B 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 Access 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.
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ACC 305Education on your terms/tutorialrank.com
ACC 305 Week 1 DQ 2 Cash versus Accrual
Financial Disclosures For more course tutorials
visit www.tutorialrank.com Tutorial Purchased 1
Times, Rating No rating 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.
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ACC 305Education on your terms/tutorialrank.com
ACC 305 Week 1 DQ 2 Cash versus Accrual
Financial Disclosures For more course tutorials
visit www.tutorialrank.com Tutorial Purchased 1
Times, Rating No rating 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.
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ACC 305Education on your terms/tutorialrank.com