ACC 421 MART Real Tradition Real Success/acc421mart.com - PowerPoint PPT Presentation

About This Presentation
Title:

ACC 421 MART Real Tradition Real Success/acc421mart.com

Description:

Keyser Beverage Company reported the following items in the most recent year. Q -2 Ames Company reported 2014 net income of $151,000. During 2014, accounts receivable increased by $13,000 and accounts payable increased by $9,500. Depreciation expense was $44,000. Prepare the cash flows from operating activities section of the statement of cash flows. Q -3 Martinez Corporation engaged in the following cash transactions during 2014. – PowerPoint PPT presentation

Number of Views:2
Slides: 14
Provided by: peter019

less

Transcript and Presenter's Notes

Title: ACC 421 MART Real Tradition Real Success/acc421mart.com


1
ACC 421 MART Real Tradition Real
Success/acc421mart.com
2
CJA 234 MART The power of possibility/cja234martd
otcom
ACC 421 MART Real Tradition Real
Success/acc421mart.com
ACC 421 Chapter 5 Wileyplus FOR MORE CLASSES
VISIT www.acc421mart.com Keyser Beverage Company
reported the following items in the most recent
year.Q -2Ames Company reported 2014 net income
of 151,000. During 2014, accounts receivable
increased by 13,000 and accounts payable
increased by 9,500. Depreciation expense was
44,000.Prepare the cash flows from operating
activities section of the statement of cash
flows.Q -3Martinez Corporation engaged in the
following cash transactions during 2014.
3
CJA 234 MART The power of possibility/cja234martd
otcom
ACC 421 MART Real Tradition Real
Success/acc421mart.com
ACC 421 Chapter 23 wileyplus FOR MORE CLASSES
VISIT www.acc421mart.com Exercise 23-11  
 Condensed financial data of Pat Metheny Company
for 2014 and 2013 are presented below Problem
23-6     Comparative balance sheet accounts of
Marcus Inc. are presented below. IFRS Multiple
Choice Question 06    Which of the following is
false with regard to IFRS and the statement of
cash flows? IFRS Multiple Choice Question 07
4
CJA 234 MART The power of possibility/cja234martd
otcom
ACC 421 MART Real Tradition Real
Success/acc421mart.com
ACC 421 Final Exam Guide FOR MORE CLASSES VISIT
www.acc421mart.com Question 1 Transactions for
Mehta Company for the month of May are presented
below. May 1 B.D. Mehta invests 3,054 cash in
exchange for common stock of Mehta Company, a
small welding corporation. 3 Buys equipment on
account for 1,547. Question 2 On July 1, 2012,
Crowe Co. pays 19,796 to Zubin Insurance Co. for
a 3-year insurance contract. Both companies have
fiscal years ending December 31. For Crowe Co.
5
CJA 234 MART The power of possibility/cja234martd
otcom
ACC 421 MART Real Tradition Real
Success/acc421mart.com
ACC 421 Week 1 Individual Assignment Accounting
Cycle Paper (2 Paper) FOR MORE CLASSES VISIT
www.acc421mart.com This Tutorial contains 2
Papers  Prepare a 700- to 1,050-word paper
explaining the overall accounting cycle at your
organization. Include a description of the
people, processes, and systems that are integral
to the cycle.
6
CJA 234 MART The power of possibility/cja234martd
otcom
ACC 421 MART Real Tradition Real
Success/acc421mart.com
ACC 421 Week 2 Team Assignment CA1-3, CA 1-14,
E3-14, P3-11 FOR MORE CLASSES VISIT
www.acc421mart.com CA1-3 (Financial Reporting
and Accounting Standards) Answer the following
multiple-choice questions. (All answers are in
bold type.) 1. GAAP stands for 2. Accounting
standard-setters use the following process in
establishing accounting standards  3. GAAP is
comprised of 4. The authoritative status of the
conceptual framework is as follows. 5. The
objective of financial reporting places most
emphasis on 6. General-purpose financial
statements are prepared primarily
for 7. Economic consequences of accounting
standard-setting means
7
CJA 234 MART The power of possibility/cja234martd
otcom
ACC 421 MART Real Tradition Real
Success/acc421mart.com
ACC 421 Week 3 Team Assignment P4-4, P18-2,
P18-8 FOR MORE CLASSES VISIT www.acc421mart.com  
P4-4 (Multiple- and Single-Step Income, Retained
Earnings) The following account balances were
included in the trial balance of Twain
Corporation at June 30, 2014. Using the
multiple-step form, prepare an income statement
and a retained earnings statement for the year
ended June 30, 2014.  Using the single-step form,
prepare an income statement and a retained
earnings statement for the year ended June 30,
2014.  Problem 18 - 2  Recognition of Profit on
Long Term Contract
8
CJA 234 MART The power of possibility/cja234martd
otcom
ACC 421 MART Real Tradition Real
Success/acc421mart.com
ACC 421 Week 4 Individual Assignment Full
Disclosure Paper (2 Paper) FOR MORE CLASSES VISIT
www.acc421mart.com   This Tutorial contains 2
Different Papers  Disclosure Paper
contains Intermediate Financial Accounting
I Individual Full Disclosure Paper Resource
Intermediate Accounting Write a 700-word paper
addressing the following Answer Question 2 in
Ch. 24. Per
9
CJA 234 MART The power of possibility/cja234martd
otcom
ACC 421 MART Real Tradition Real
Success/acc421mart.com
ACC 421 Week 4 Team Assignment P5-3, CA24-2,
P24-2, P24-3 FOR MORE CLASSES VISIT
www.acc421mart.com P5-3 (Balance Sheet
Adjustment and Preparation) The adjusted trial
balance of Eastwood Company andother related
information for the year 2014 are presented as
follows. Additional information 1. The LIFO
method of inventory value is used. 2. The cost
and fair value of the long-term investments that
consist of stocks and bonds is the same. 3. The
amount of the Construction in Progress account
represents the costs expended to date on a
10
CJA 234 MART The power of possibility/cja234martd
otcom
ACC 421 MART Real Tradition Real
Success/acc421mart.com
ACC 421 Week 4 Wileyplus FOR MORE CLASSES VISIT
www.acc421mart.com Question 1    The major
classifications of activities reported in the
statement of cash flows are operating, investing,
and financing. Classify each of the transactions
listed below as A comparative balance sheet for
Shabbona Corporation is presented
below.Question 2    A comparative balance
sheet for Shabbona Corporation is presented below
11
CJA 234 MART The power of possibility/cja234martd
otcom
ACC 421 MART Real Tradition Real
Success/acc421mart.com
ACC 421 WEEK 5 INDIVIDUAL ASSIGNMENT STATEMENT OF
CASH FLOWS PAPER (2 Papers) FOR MORE CLASSES
VISIT www.acc421mart.com This Tutorial contains
2 Different Papers  Statement of Cash Flows
Paper Write a 700-word paper in which you address
the following Answer Question 1 in Ch. 23 of
Intermediate Accounting. Explain why statements
of cash flows are important when assessing the
financial strength of an organization.
12
CJA 234 MART The power of possibility/cja234martd
otcom
ACC 421 MART Real Tradition Real
Success/acc421mart.com
ACC 421 Week 5 Team Assignment P6-7, P5-7, P23-7,
P23-8 FOR MORE CLASSES VISIT www.acc421mart.com P
6-7 (Time Value Concepts Applied to Solve
Business Problems) Answer the following
questions related to Dubois Inc. (a) Dubois Inc.
has 600,000 to invest. The company is trying to
decide between two alternative uses ofthe funds.
One alternative provides 80,000 at the end of
each year for 12 years (b) Dubois Inc. has
completed the purchase of new Dell computers. The
fair value of the equipment is824,150. The
purchase agreement specifies an immediate down
payment of 200,000
13
ACC 421 MART Real Tradition Real
Success/acc421mart.com
Write a Comment
User Comments (0)
About PowerShow.com