ACC 423 TUTORIALS Educational Resources - acc423tutorials.com

1
ACC 423 TUTORIALS Educational Resources /
acc423tutorials.com
2
ACC 423 TUTORIALS Educational Resources
ACC 423 Entire Course FOR MORE CLASSES
VISIT www.acc423tutorials.com ACC 423 Week 1
Discussion Questions1 ACC 423 Week 1 Discussion
Questions 2 ACC 423 Week 1 DQ (New) ACC 423 Week
1 Individual Assignment Owners Equity Paper   ACC
423 Week 2 Discussion Questions 1
3
ACC 423 TUTORIALS Educational Resources
ACC 423 Final Exam Guide 1 FOR MORE CLASSES
VISIT www.acc423tutorials.com Question 1
Buttercup Corporation issued 250 shares of 11
par value common stock for 4,125. Prepare
Buttercup journal entry. Question 2 Wilco
Corporation has the following account balances at
December 31, 2012.Common stock, 5 par value
511,670Treasury stock 95,260Retained earnings
2,400,840Paid-in capital in excess of par
1,320,150Prepare Wilcos December 31, 2012,
stockholders equity section Question 3
Woolford Inc. declared a cash dividend of 1.38
per share on its 2.22 million outstanding shares.
The dividend was declared on August 1, payable on
September 9 to all
4
ACC 423 TUTORIALS Educational Resources
ACC 423 Final Exam Guide 2 FOR MORE CLASSES
VISIT www.acc423tutorials.com 1) When the cash
proceeds from a bond issued with detachable stock
warrants exceed the sum of the par value of the
bonds and the fair market value of the warrants,
the excess should be credited to A. premium on
bonds payable. B. retained earnings. C. a
liability account. D. additional paid-in
capital from stock warrants. 2) The conversion of
preferred stock may be recorded by the A. par
value method. B. book value method. C. market
value method. D. incremental method. 3)
Proceeds from an issue of debt securities having
stock warrants should NOT be allocated between
debt and equity features when A.
5
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 1 Discussion Question 1 FOR MORE
CLASSES VISIT www.acc423tutorials.com Why do
companies offer stock options? What is the
experience of either your organization or an
organization that you are familiar with when it
comes to stock option compensation? Should stock
option compensation be included as an expense
when calculating an organizations net income?
Explain why or why not. If so, how should the
amount of expense be calculated?
6
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 1 Discussion Question 2 FOR MORE
CLASSES VISIT www.acc423tutorials.com What are
the differences between basic and diluted
earnings per share? What are the differences
between the numerator and the denominator in the
basic and diluted earnings per share
calculations? What actions can an organization
take in order to improve their earnings per
share? What is the experience of either your
organization or an organization that you are
familiar with when it comes to any of these
actions? As an investor, do you evaluate a
company as a potential investment using basic or
diluted earnings per share? Explain why.
7
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 1 DQ (New) FOR MORE CLASSES
VISIT www.acc423tutorials.com Why do companies
offer stock options? Should stock-option
compensation be included as an expense when
calculating an organization's net income? Explain
why or why not. if so, how should the amount of
expense be calculated? What is the experience of
either your organization or an organization that
you are familiar with when it comes to stock
option compensation?
8
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 1 Individual Assignment Owners
Equity Paper FOR MORE CLASSES
VISIT www.acc423tutorials.com Resources
Intermediate Accounting and Electronic Reserve
Readings   Prepare a 700- to 1,050-word response
to the following questions
9
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 1 Summary FOR MORE CLASSES
VISIT www.acc423tutorials.com Discuss the
objectives for Week One. How do they relate to
the practice of accounting and its uses in
business? Distinguish between paid-in and earned
capital. Record journal entries related to
common, preferred, and treasury stock. Record
journal entries related to the various types of
dividends. Calculate basic and diluted earnings
per share (EPS). Evaluate the various accounting
treatments for stock compensation. Write a 350-
to 500-word summary of your Learning Teams
discussion. Click the Assignment Files tab to
submit your assignment.
10
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 2 Discussion Question 1 FOR MORE
CLASSES VISIT www.acc423tutorials.com What are
the differences between traditional and
derivative instruments? Why do companies use
derivative instruments? Explain whether or not
derivatives are a good investment. What
experience do you have with either traditional or
derivative instruments in your organization or an
organization that you are familiar with?
11
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 2 Discussion Question 2 FOR MORE
CLASSES VISIT www.acc423tutorials.com Why do
companies make investments in other companies?
What are the differences between debt and equity
investments? What is the experience of either
your organization or an organization that you are
familiar with when it comes to debt and/or equity
investments? What would influence a company to
choose equity or debt as an investment?
12
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 2 DQ (New) FOR MORE CLASSES
VISIT www.acc423tutorials.com What are the
differences between traditional and derivative
instruments? Why do companies use derivative
instruments? Are derivatives a good investment?
Explain why or why not.
13
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 2 Individual WileyPLUS Assignment
E15-13 (a,b) , P15-1 , E16-20 , P16-7 FOR MORE
CLASSES VISIT www.acc423tutorials.com Resource
Intermediate Accounting   Prepare written
responses to the following assignments from the
text   Ch.15 Exercise E15-13 (ab)
and Problem P15-1  
14
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 2 Learning Team Assignment P15-3 ,
P16-6 , P16-8 And CA16-4 FOR MORE CLASSES
VISIT www.acc423tutorials.com Resource
Intermediate Accounting   Prepare written
responses to the following assignments from the
text   Ch. 15 Problem P15-3
15
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 2 Learning Team Reflection FOR
MORE CLASSES VISIT www.acc423tutorials.com Discuss
the objectives for Week One. How do they relate
to the practice of accounting and its uses in
business?   Distinguish between paid-in and
earned capital. Record journal entries related to
common, preferred, and treasury stock. Record
journal entries related to the various types of
dividends. Calculate basic and diluted earnings
per share (EPS). Evaluate the various accounting
treatments for stock compensation.
16
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 2 Team Assignment (Concepts for
Analysis CA16-4) (New) FOR MORE CLASSES
VISIT www.acc423tutorials.com Prepare written
responses to the following assignments from Ch.
16 of Intermediate Accounting   Concepts for
Analysis CA16-4   Click the Assignment Files tab
to submit your assignment
17
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 3 Discussion Question 1 FOR MORE
CLASSES VISIT www.acc423tutorials.com Why are
there differences between taxable and financial
income? What are some examples of permanent and
temporary differences? Why do these differences
exist? How do they affect the financial
statements? What experience do you have with
either taxable and financial income and/or
permanent and temporary differences in your
organization or an organization that you are
familiar with?
18
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 3 Discussion Question 2 FOR MORE
CLASSES VISIT www.acc423tutorials.com How are the
tax benefits of net operating losses (NOL)
disclosed on financial statements? Which is more
beneficial to an organization, an NOL carry
forward or an NOL carry back? Explain why. What
experience do you have with NOL in your
organization or an organization that you are
familiar with? When would a company decide to
forego a NOL carry back?
19
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 3 DQ (New) FOR MORE CLASSES
VISIT www.acc423tutorials.com Why are there
between taxable and financial income? What are
some example of payment and temporary
differences? Why do these differences exist? How
do they affect financial statements.  
20
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 3 Individual WileyPLUS Assignment
Exercise E17-7 , E17-12 , Problem P17-3 And P17-8
(a c) FOR MORE CLASSES VISIT www.acc423tutorials
.com Resource Intermediate Accounting   Prepare
written responses to the following assignments
from the text   Ch. 17 Exercises E17-7
E17-12 and Problems P17-3 P17-8 (ac)
21
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 3 Learning Team Assignment from the
Text (CA 17-1)(New) FOR MORE CLASSES
VISIT www.acc423tutorials.com Prepare written
responses to the following assignments from Ch.
17 of Intermediate Accounting   Concepts for
Analysis CA17-1   Click the Assignment Files tab
to submit your assignment.
22
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 3 Learning Team Assignment P17 -1
And P17 9 FOR MORE CLASSES VISIT www.acc423tut
orials.com Resource Intermediate
Accounting Prepare written responses to the
following assignments from the text Ch.17
Problems P17-1 P17-9
23
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 3 Learning Team Reflection FOR
MORE CLASSES VISIT www.acc423tutorials.com Discuss
the objectives for Week Two. How do they relate
to the practice of accounting and its uses in
business?   Distinguish between debt and equity
investments. Classify securities as
available-for-sale, held-to-maturity, or
trading. Determine when to use the fair value and
equity methods of accounting for
investments. Prepare journal entries for
investments using the fair value and the equity
method.
24
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 4 Discussion Question 1 FOR MORE
CLASSES VISIT www.acc423tutorials.com What are
the differences and similarities between a
defined contribution plan and a defined benefit
plan? As an employee, explain why you would
rather have a defined contribution plan or a
defined benefit plan? What experience do you have
with pension plans in your organization or an
organization that you are familiar with? As an
employer, explain why you would rather offer a
defined contribution plan or a defined benefit
plan to your employees?
25
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 4 Discussion Question 2 FOR MORE
CLASSES VISIT www.acc423tutorials.com What are
the components of pension expense? How do the
components of pension expense differ among the
various types of contribution and benefit plans?
How is the interest rate determined? Why are
prior service costs amortized? Based on your
knowledge of the components of pension, what
would make you more or less likely to invest in a
company?
26
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 4 DQ (New) FOR MORE CLASSES
VISIT www.acc423tutorials.com What are the
differences and similarities between a defined
contribution plan and a defined benefit plan? As
an employee, would you rather have defined
contribution plan or a defined benefit plan?
Explain your answer. As an employer, would you
rather offer a defined contribution plan or a
defined benefit plan? Explain answer.
27
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 4 Individual WileyPLUS Assignment
Exercise E19-6, E19-9 , Problem P19-1 And P19-3
FOR MORE CLASSES VISIT www.acc423tutorials.com Re
source Intermediate Accounting Prepare written
responses to the following assignments from the
text Ch. 19 Exercises E19-6 E19-9 and
Problems P19-1P19-3
28
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 4 Learning Team Assignment P19 - 2
And P19 FOR MORE CLASSES VISIT www.acc423tutor
ials.com Resource Intermediate
Accounting Prepare written responses to the
following assignments from the text Ch.19
Problems P19-2 P19-7
29
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 4 Learning Team Reflection FOR MORE
CLASSES VISIT www.acc423tutorials.com Discuss the
objectives for Week Three. How do they relate to
the practice of accounting and its uses in
business?   Differentiate between temporary and
permanent differences. Calculate current and
deferred tax assets and liabilities.   Write a
350- to 500-word summary of your Learning Teams
discussion.
30
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 5 Discussion Question 1 FOR MORE
CLASSES VISIT www.acc423tutorials.com What is a
change in accounting principle? How do you
determine if a change in principle should be
reported retroactively, currently, or
prospectively? How do these changes affect the
financial statements? What experience do you
have with change in accounting principle in your
organization or an organization you are familiar
with?
31
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 5 Discussion Question 2 FOR MORE
CLASSES VISIT www.acc423tutorials.com What are
the differences between counterbalancing and
noncounterbalancing errors? What are some
examples of counterbalancing and
noncounterbalancing errors? How are each handled?
What experience do you have with counterbalancing
and/or noncounterbalancing errors in your
organization or an organization that you are
familiar with? Does it matter if the books are
closed? Explain why or why not.
32
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 5 DQ (New) FOR MORE CLASSES
VISIT www.acc423tutorials.com What is a change in
accounting principle? How do you determinate if a
change in principle should be reported
retroactively, currently or prospectively? How do
these changes affect financial statements?
33
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 5 Individual WileyPLUS Assignment
Exercise E20-7, Problem P20-4, Exercise E22-19,
Problem P22-6 FOR MORE CLASSES
VISIT www.acc423tutorials.com ResourceIntermediat
e Accounting Preparewritten responses to the
following assignments from the text
Ch.20 Exercise E20-7 and Problem P20-4
34
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 5 Learning Team Assignment P20 - 8
And P22 3 FOR MORE CLASSES VISIT www.acc423tut
orials.com ResourceIntermediate
Accounting Preparewritten responses to the
following assignments from the text
Ch.20 Problem P20-8 Ch.22 Problem P22-3
35
ACC 423 TUTORIALS Educational Resources
ACC 423 Week 5 Learning Team Reflection FOR
MORE CLASSES VISIT www.acc423tutorials.com Discuss
the objectives for Week Four and Five. How do
they relate to the practice of accounting and its
uses in business? Differentiate between a defined
contribution and a benefit plan. Determine the
components of pension expense. Calculate pension
liability and expense. Prepare journal entries
associated with changes in accounting principles,
reporting entities, and estimates. Prepare
journal entries associated with changes due to
errors.
36
(No Transcript)