ACC 205 NERD REAL EDUCATION/acc205nerd.com

1
ACC 205 NERD REAL EDUCATION/acc205nerd.com
2
ACC 205 NERD REAL EDUCATION

• ACC 205 Entire Course (Ash)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• ACC 205 Week 1 DQ 1 Accounting Equation
• ACC 205 Week 1 DQ 2 Accounts

3
ACC 205 NERD REAL EDUCATION

• ACC 205 Entire Course(New)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• ACC 205 Week 1 DQ 1 Accounting Equation

4
ACC 205 NERD REAL EDUCATION

• ACC 205 Final Paper (New)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• Final Paper
• Focus of the Final Paper

5
ACC 205 NERD REAL EDUCATION

• ACC 205 Week 1 DQ 1 Accounting Equation (Ash)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• Accounting Equation

6
ACC 205 NERD REAL EDUCATION

• ACC 205 Week 1 DQ 1 Accounting Equation (New)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• Accounting Equation
• As you have learned in this weeks

7
ACC 205 NERD REAL EDUCATION

• ACC 205 Week 1 DQ 2 Accounts (Ash)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• Accounts
• What does the term account mean? What are the
  different classifications of accounts? How do
  the rules for Debits and Credits impact accounts?
  Please provide an example of how debits and
  credits impact accounts

8
ACC 205 NERD REAL EDUCATION

• ACC 205 Week 1 DQ 2 Accounts (New)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• Accounts
• What does the term account mean? What are the
  different classifications of accounts? How do
  the rules for Debits and Credits impact accounts?
  Please provide an example of how debits and
  credits impact accounts.

9
ACC 205 NERD REAL EDUCATION

• A
• ACC 205 Week 1 Exercise Assignment Basic
  Accounting Equations (New)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• 1) Basic concepts. Jean's Marine Supply
  specializes in the sale of boating equipment and
  accessories. Identify the items that follow as
  an asset (A), liability (L), revenue (R), or
  expense (E) from the firm's viewpoint.

10
ACC 205 NERD REAL EDUCATION

• ACC 205 Week 1 Journal Balance Sheet Journal
  (New)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• Balance Sheet Journal

11
ACC 205 NERD REAL EDUCATION

• ACC 205 Week 2 DQ 1 Accounting Cycle (New)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• ACC 205 Week 2 DQ 1
• Accounting Cycle
• Financial statements are a product

12
ACC 205 NERD REAL EDUCATION

• ACC 205 Week 2 DQ 2 Bank Reconciliation (New)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• Bank Reconciliation
• What is the purpose of a bank reconciliation?
  What are the reasons there are differences
  between the cash reported in the accounting
  records and the cash balance in the bank
  statements?

13
ACC 205 NERD REAL EDUCATION

• A
• ACC 205 Week 2 Exercise Assignment Revenue and
  Expenses (New)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• 1. Recognition of concepts. Ron Carroll operates
  a small company that books entertainers for
  theaters, parties, conventions, and so forth. The
  companys fiscal year ends on June 30. Consider
  the following items and classify each as either
  (1) prepaid expense, (2)

14
ACC 205 NERD REAL EDUCATION

• ACC 205 Week 2 Journal Income Statement Journal
  (New)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• Income Statement Journal

15
ACC 205 NERD REAL EDUCATION

• ACC 205 Week 3 DQ 1 LIFO vs. FIFO (New)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• LIFO vs. FIFO
• The controller of Sagehen Enterprises believes
  that the company should switch from the LIFO
  method to the FIFO method. The controllers

16
ACC 205 NERD REAL EDUCATION

• ACC 205 Week 3 DQ 2 Depreciation (New)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• Depreciation
• There is a variety of depreciation methods used
  to allocate the cost of an asset to all of the
  accounting periods benefited

17
ACC 205 NERD REAL EDUCATION

• ACC 205 Week 3 Exercise Assignment Inventory
  (New)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• 1. Specific identification method. Boston
  Galleries uses the specific identification method
  for inventory valuation. Inventory information
  for several oil paintings follows

18
ACC 205 NERD REAL EDUCATION

• ACC 205 Week 3 Journal Inventory Journal (New)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• Inventory Journal

19
ACC 205 NERD REAL EDUCATION

• ACC 205 Week 4 DQ 1 Current Liability (New)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• Current Liability
• What is a current liability? From a user of
  financial statements perspective why do you
  believe current liabilities are separated

20
ACC 205 NERD REAL EDUCATION

• ACC 205 Week 4 DQ 2 Client Recommendations (New)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• Client Recommendations
• A client comes to you thinking about starting a
  consulting business. Specifically your client is
  interested in what type of entity should be
  created for this new business. Based on your
  readings or any additional research you may have
  done

21
ACC 205 NERD REAL EDUCATION

• ACC 205 Week 4 Exercise Assignment Liability
  (New)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• Week Four Exercise Assignment Liability
• 1. Partner investments journal entries. The LP
  partnership was formed on January 1, 19X7, by
  investments from Bill Levy and Marv

22
ACC 205 NERD REAL EDUCATION

• A
• ACC 205 Week 4 Journal Future Obligations Journal
  (New)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• Future Obligations Journal

23
ACC 205 NERD REAL EDUCATION

• ACC 205 Week 5 DQ 1 (New)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• ACC 205 Week 5 DQ 1

24
ACC 205 NERD REAL EDUCATION

• ACC 205 Week 5 DQ 2 (New)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• ACC 205 Week 5 DQ 2

25
ACC 205 NERD REAL EDUCATION

• ACC 205 Week 5 Exercise Assignment Financial
  Ratios(New)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• Week Five Exercise Assignment
• Financial Ratios

26
ACC 205 NERD REAL EDUCATION

• ACC 205 Week 5 Journal Most Important Ratio
  Journal(New)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• Most Important Ratio Journal
• Reflect for a moment on the ratios (working
  capital, current ratio, quick ratio, debt to
  asset, debt to equity, times interest earned,

27
ACC 205 NERD REAL EDUCATION