ACC 305 (Ash) Experience Tradition/newtonhelp.com (1)

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ACC 305 (Ash) Experience Tradition/newtonhelp.Com
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• ACC 305 Entire Course (DQs, Assignment, Quizzes)
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• 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
• ACC 305 Week 1 Quiz (2 Set)
• ACC 305 Week 2 DQ 1 Earnings Management Case 4-3
• ACC 305 Week 2 DQ 2 Revenue Recognition Case 5-2
• ACC 305 Week 2 Assignment Integrating Case 5-23
  (Covington Pike)
• ACC 305 We

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• ACC 305 Week 1 Assignments E 3-18, E 3-20,
  Judgement Case 3-5
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• Week One Exercises. 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. E3-18 (Page 152)
  Determine the following 2011 balance sheet items
  using the information provided in the problem. 1.
  Current Assets 2. Shareholders Equity 3.
  Noncurrent Assets 4. Long-term liabilities E3-20
  (Page 152) Indicate (by letter) whether the
  actions listed in the table will immediately
  increase (I), decrease (D), or have no effect (N)
  on the ratios shown

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• ACC 305 Week 1 DQ 1 FASB and Ethics (Ash Course)
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• 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 305 Week 1 DQ 2 Cash versus Accrual and
  Financial Disclosures (Ash Course)
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• 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

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• ACC 305 Week 1 Quiz (2 Set)
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• 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
• 4. Question A future economic
  benefit owned

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• ACC 305 Week 2 Assignment (E4-16, E4-19, E4-22,
  Case 4-9, E5-3, E5-10)
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• E4-16 Bluebonnet Bakers
• E4-19 Wainwright Corporation
• E4-22 Tiger Enterprises
• Judgment Case 4-9
• E5-3 Instalment sales
• E5-10 Project Contracts

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• ACC 305 Week 2 Assignment Integrating Case 5-23
  (Covington Pike)
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• 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

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• ACC 305 Week 2 DQ 2 Revenue Recognition Case 5-2
  (Ash Course)
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• 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.
• 2. Explain in what situations it would be
  useful to recognize revenue as the productive
  activity takes place.
• 3. At what times, other than those
  included in (1) and (2) above, may it be
  appropriate

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• ACC 305 Week 2 Quiz
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• 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

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• ACC 305 Week 3 Assignment (P7-10, P7-14)
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• 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)
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• ACC 305 Week 3 Communication Case 6-3
• 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 fo

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• ACC 305 Week 3 DQ 2 Internal Control (Judgment
  Case 7-5)
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• ACC 305 Week 3 Judgment Case 7-5
• 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)
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• 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?
• 2. Question Cash that is
  restricted and not available for current
  operations is reported in the balance sheet as

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• ACC 305 Week 4 Assignment E8-13, E8-14, E8-18,
  P8-5, E9-19, E9-21, P9-1 (Ash Course)
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• 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)
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• ACC 305 Week 4 Communication Case 8-4
• 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.

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• ACC 305 Week 4 DQ 2 Overstatement of Ending
  Inventory (Ethics Case 9-11)
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• 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 controlle

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• ACC 305 Week 4 Quiz (2 Set)
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• ACC 305 Week 4 Quiz (2 Set)
• 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

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• ACC 305 Week 5 Assignment P11-5, P11-7
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• 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 Co

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• ACC 305 Week 5 DQ 1 Research and Development
  (Ethics Case 10-12)
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• 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 i

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• ACC 305 Week 5 DQ 2 Depreciation Methods (Problem
  E11-5, E11-10)
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• 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)
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• This Tutorial contains 3 Papers
• Focus of the Final Paper
• Submit 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
  instructo

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• ACC 305 Week 3 DQ 2 Internal Control (Judgment
  Case 7-5)
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• ACC 305 Week 3 Judgment Case 7-5
• 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.
• 1. John Smith is the petty cash custodian. John
  approves all requests for payment out of the 200
  fund, which is replenished at the end of each
  month. At the end of each month, John submits a
  list of all accounts and amounts to be charged
  and a check is written to him for the total
  amount. John is the only person ever to tally the
  fund.

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ACC 305 (Ash) Experience Tradition/newtonhelp.Com