Title: ACC 306 hep Absolute Tutors/acc306help.com
1ACC 306 hep Absolute Tutors/acc306help.com
2ACC 306 hep Absolute Tutors
ACC 306 Entire Course (Ash Course) FOR MORE
CLASSES VISIT www.acc306help.com ACC 306 Week 1
Assignment E13-21, E13-22, P12-1, P12-7,P12-10,
P12-14, P13-6 ACC 306 Week 1 DQ 1 Equity
Method ACC 306 Week 1 DQ 2 Judgment Case 13-9 ACC
306 Week 2 DQ 1 Ethics Case 14-8 Hunt
Manufacturing ACC 306 Week 2 DQ 2 Ethics Case
15-4 ACC 306 Week 3 Assignment E 16-24, E 16-25,
E 17-10, E 17-19, P 16-7, P 17-16 ACC 306 Week 3
Ethics Case 17-6 ACC 306 Week 3 Integrating Case
16-5 ACC 306 Week 4 Communication Case 18-10
3ACC 306 hep Absolute Tutors
ACC 306 Week 1 Assignment E13-21, E13-22, P12-1,
P12-7,P12-10, P12-14, P13-6 (Ash Course) FOR
MORE CLASSES VISIT www.acc306help.com ACC 306
Week 1 Assignment E13-21, E13-22, P12-1,
P12-7,P12-10, P12-14, P13-6
4ACC 306 hep Absolute Tutors
ACC 306 Week 1 DQ 1 Equity Method (Ash
Course) FOR MORE CLASSES VISIT www.acc306help.com
P 1213 - Miller Properties - Equity method ?
LO5 LO6 On January 2, 2011, Miller Properties
paid 19 million for 1 million shares of Marlon
Companys 6 million outstanding common shares.
Millers CEO became a member of Marlons board of
directors during the first quarter of 2011. The
carrying amount of Marlons net assets was 66
million. Miller estimated the fair value of those
net as- sets to be the same except for a patent
valued at 24 million above cost. The remaining
amortization period for the patent is 10 years.
5ACC 306 hep Absolute Tutors
ACC 306 Week 1 DQ 2 Judgment Case 13-9 (Ash
Course) FOR MORE CLASSES VISIT www.acc306help.com
ACC 306 Week 1 DQ2 Judgment Case 13-9
Judgment Case 139 - Valleck Corporation - Loss
contingency and full disclosure ? LO5 LO6 In the
March 2012 meeting of Valleck Corporations board
of directors, a question arose as to the way a
possible obligation should be disclosed in the
forthcoming financial statements for the year
ended December 31. A veteran board member brought
to the meeting a draft of a disclosure note that
had been prepared by the controllers office for
inclusion in the annual report.
6ACC 306 hep Absolute Tutors
ACC 306 Week 2 DQ 1 Ethics Case 14-8 Hunt
Manufacturing (Ash Course) FOR MORE CLASSES
VISIT www.acc306help.com Ethics Case 148 -
Hunt Manufacturing - Debt for equity swaps have
your cake and eat it too ? LO5 The cloudy
afternoon mirrored the mood of the conference of
division managers. Claude Meyer, assistant to the
controller for Hunt Manufacturing, wore one of
the gloomy faces that were just emerging from the
conference room. Wow, I knew it was bad, but not
that bad, Claude thought to himself. I dont
look forward to sharing those numbers with
shareholders.
7ACC 306 hep Absolute Tutors
ACC 306 Week 2 DQ 2 Ethics Case 15-4 (Ash
Course) FOR MORE CLASSES VISIT www.acc306help.com
Ethics Case 154 - American Movieplex -
Leasehold improvements ? LO3 American Movieplex,
a large movie theater chain, leases most of its
theater facilities. In conjunction with recent
operating leases, the company spent 28 million
for seats and carpeting. The question being
discussed over break- fast on Wednesday morning
was the length of the depreciation period for
these leasehold improvements. The com- pany
controller, Sarah Keene, was surprised by the
suggestion of Larry Person, her new assistant.
8ACC 306 hep Absolute Tutors
ACC 306 Week 3 Assignment E 16-24, E 16-25, E
17-10, E 17-19, P 16-7, P 17-16 (Ash Course) FOR
MORE CLASSES VISIT www.acc306help.com ACC 306
Week 3 Assignment E 16-24, E 16-25, E 17-10, E
17-19, P 16-7, P 17-16
9ACC 306 hep Absolute Tutors
ACC 306 Week 3 Ethics Case 17-6 (Ash Course) FOR
MORE CLASSES VISIT www.acc306help.com Ethics
Case 176 - VXI International - 401(k) plan
contributions ? LO1 You are in your third year as
internal auditor with VXI International,
manufacturer of parts and supplies for jet air-
craft. VXI began a defined contribution pension
plan three years ago. The plan is a so-called
401(k) plan (named after the Tax Code section
that specifies the conditions for the favorable
tax treatment of these plans) that permits
voluntary contributions by employees. Employees
contributions are matched with one dollar of
employer contribution for every two dollars of
employee contribution. Approximately 500,000 of
contributions is deducted from employee paychecks
each month for investment in one of three
employer-sponsored mutual funds.
10ACC 306 hep Absolute Tutors
ACC 306 Week 3 Integrating Case 16-5 (Ash
Course) FOR MORE CLASSES VISIT www.acc306help.com
The income tax rate is 40 for all years. a. A
five-year casualty insurance policy was purchased
at the beginning of 2009 for 35,000. The full
amount was debited to insurance expense at the
time. b. On December 31, 2010, merchandise
inventory was overstated by 25,000 due to a
mistake in the physical inventory count using the
periodic inventory system. c. The company changed
inventory cost methods to FIFO from LIFO at the
end of 2011 for both financial statement and
income tax purposes. The change will cause a
960,000 increase in the beginning inventory at
January 1, 2010.
11ACC 306 hep Absolute Tutors
ACC 306 Week 4 Assignment E 18-18, E 18-24, E
19-2, E 19-5, E 19-9, E 19-24, P 18-5 (Ash
Course) FOR MORE CLASSES VISIT www.acc306help.com
ACC 306 Week 4 Assignment E 18-18, E 18-24, E
19-2, E 19-5, E 19-9, E 19-24, P 18-5
12ACC 306 hep Absolute Tutors
ACC 306 Week 4 Communication Case 18-10 (Ash
Course) FOR MORE CLASSES VISIT www.acc306help.com
Communication Case 1810 Should the present
two-category distinction between liabilities and
equity be retained? Group interaction. ? LO1 The
current conceptual distinction between
liabilities and equity defines liabilities
independently of assets and equity, with equity
defined as a residual amount. The present
proliferation of financial instruments that
combine features of both debt and equity and the
difficulty of drawing a distinction have led many
to conclude that the present two-category
distinction between liabilities and equity should
be eliminated.
13ACC 306 hep Absolute Tutors
ACC 306 Week 4 Ethics Case 19-7 (Ash Course) FOR
MORE CLASSES VISIT www.acc306help.com Ethics
Case 197 International Network Solutions ?
LO6 International Network Solutions provides
products and services related to remote access
networking. The company has grown rapidly during
its first 10 years of operations. As its segment
of the industry has begun to mature, though, the
fast growth of previous years has begun to slow.
In fact, this year revenues and profits are
roughly the same as last year.
14ACC 306 hep Absolute Tutors
ACC 306 Week 5 Analysis Case 20-10 (Ash
Course) FOR MORE CLASSES VISIT www.acc306help.com
Analysis Case 2010 - DRS Corporation -
Various changes ? LO1 through LO4 DRS Corporation
changed the way it depreciates its computers from
the sum-of-the-years-digits method to the
straight-line method beginning January 1, 2011.
DRS also changed its estimated residual value
used in computing depreciation for its office
building. At the end of 2011, DRS changed the
specific subsidiaries constituting the group of
companies for which its consolidated financial
statements are prepared.
15ACC 306 hep Absolute Tutors
ACC 306 Week 5 Assignment E 20-18, P 21-11, P
21-14 (Ash Course) FOR MORE CLASSES
VISIT www.acc306help.com ACC 306 Week 5
Assignment E 20-18, P 21-11, P 21-14
16ACC 306 hep Absolute Tutors
ACC 306 Week 5 Ethics Case 20-5 (Ash Course) FOR
MORE CLASSES VISIT www.acc306help.com Ethics
Case 205 Softening the blow ? LO1 LO2 LO3 Late
one Thursday afternoon, Joy Martin, a veteran
audit manager with a regional CPA firm, was
reviewing documents for a long-time client of the
firm, AMT Transport. The year-end audit was
scheduled to begin Monday. For three months, the
economy had been in a down cycle and the
transportation industry was particularly hard
hit. As a result, Joy expected AMTs financial
results would not be pleasant news to
shareholders. However, what Joy saw in the
preliminary statements made her sigh aloud.
Results were much worse than she feared.
17ACC 306 hep Absolute Tutors
ACC 306 Week 5 Ethics Case 21-7 (Ash Course) FOR
MORE CLASSES VISIT www.acc306help.com Ben had
sketched out the following comparison ( in
millions) Profits? Yes. Increasing profits? Yes.
The cause of his distress? The ominous trend in
cash flow which is con sistently lower than net
income. Upon closer review, Ben noticed three
events in the last two years that, unfortunately,
seemed related a. Parks credit policy had been
loosened credit terms were relaxed and payment
periods were lengthened. b. Accounts receivable
balances had increased dramatically.
18ACC 306 hep Absolute Tutors
ACC 306 Week 5 Final Paper (Lease) (Ash
Course) FOR MORE CLASSES VISIT www.acc306help.com
ACC 306 Week 5 Final Paper (Lease)
19ACC 306 hep Absolute Tutors