Title: ACC 305 MART Real Education Real Results/acc305martdotcom
1ACC 305 MART Real Education Real
Results/acc305martdotcom
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2ACC 305 Entire Course (Ash Course)
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- ACC 305 Week 1 Assignments E 3-18, E 3-20, J
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 2 DQ 1 Earnings Management Case 4-3
- ACC 305 Week 2 DQ 2 Revenue Recognition Case 5-2
- ACC 305 Week 2 Problem E4-16 Bluebonnet Bakers
- ACC 305 Week 2 Problem E4-19 Wainwright
Corporation - ACC 305 Week 2 Problem E4-22 Tiger Enterprises
- ACC 305 Week 2 Problem E5-3 Installment sales
- ACC 305 Week 2 Problem E5-10 Project Contracts
3ACC 305 Week 1 Assignments E 3-18, E 3-20, J Case
3-5 (Ash Course)
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- ACC 305 Week 1 Assignments E 3-18, E 3-20, J Case
3-5
4ACC 305 Week 1 DQ 2 Cash versus Accrual And
Financial Disclosures
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- 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.
5ACC 305 Week 2 DQ 1 Earnings Management Case 4-3
(Ash Course)
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- Judgment Case 4-3 (page 225)
- 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.
6ACC 305 Week 2 DQ 2 Revenue Recognition Case 5-2
(Ash Course)
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- Judgment Case 5-2 (page 291)
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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.
7ACC 305 Week 2 Problem E4-16 Bluebonnet Bakers
(Ash Course)
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- ACC 305 Week 2 Problem E4-16 Bluebonnet Bakers
8ACC 305 Week 2 Problem E4-19 Wainwright
Corporation
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- ACC 305 Week 2 Problem E4-19 Wainwright
Corporation
9ACC 305 Week 2 Problem E4-22 Tiger Enterprises
(Ash Course)
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- ACC 305 Week 2 Problem E4-22 Tiger Enterprises
10ACC 305 Week 2 Problem E5-3 Installment sales
(Ash Course)
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- ACC 305 Week 2 Problem E5-3 Instalment sales
11ACC 305 Week 2 Problem E5-10 Project Contracts
(Ash Course)
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- ACC 305 Week 2 Problem E5-10 Project Contracts
12ACC 305 Week 2 Problem Integrating Case 5-23 (Ash
Course)
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- ACC 305 Week 2 Problem Integrating Case 5-23
13ACC 305 Week 2 Problem Judgment Case 4-9 (Ash
Course)
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- ACC 305 Week 2 Problem Judgment Case 4-9
14ACC 305 Week 3 Communication Case 6-3 (Ash Course)
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- ACC 305 Week 3 Communication Case 6-3
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- 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.
15ACC 305 Week 3 Judgment Case 7-5 (Ash Course)
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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.
16ACC 305 Week 3 P7-10, P7-14 (Ash Course)
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- ACC 305 Week 3 P7-10, P7-14
17ACC 305 Week 3 P7-14 El Gato Painting Company
(Ash Course)
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- ACC 305 Week 3 P7-14 El Gato Painting Company
18ACC 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
19ACC 305 Week 4 Communication Case 8-4 (Ash Course)
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- 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.
20ACC 305 Week 4 Ethics Case 9-11 (Ash Course)
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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 controller, discovered an
error in the ending inventory count. He
determined that the correct ending inventory
amount should be 2,600,000.
21ACC 305 Week 5 Ethics Case 10-12 (Ash Course)
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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 involving the development of a
new antibiotic.
22ACC 305 Week 5 Final Paper (FASB) (Ash Course)
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- ACC 305 Week 1 Assignments E 3-18, E 3-20, J Case
3-5
23ACC 305 Week 5 P11-5, P11-7 (Ash Course)
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- ACC 305 Week 5 P11-5, P11-7
24ACC 305 Week 5 Problem E11-5, E11-10 (Ash Course)
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- ACC 305 Week 5 Problem E11-5, E11-10
25ACC 305 MART Real Education Real
Results/acc305martdotcom
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