ACC 422 Focus Dreams/uophelp.com

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ACC 422 Focus Dreams/uophelp.com

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ACC 422 Entire Course

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• ACC 422 Week 1 DQ 1
• ACC 422 Week 1 DQ 2
• ACC 422 Week 1 DQ 3
• ACC 422 Week 1 Individual Assignment Disclosure
  Analysis Paper
• ACC 422 Week 1 Summary
• ACC 422 Week 2 DQ 1
• ACC 422 Week 2 DQ 2

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ACC 422 Final Exam Guide 1

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• 1. Kraft Enterprises owns the following assets at
  December 31, 2012.
• Cash in banksavings account 67,516 Checking
  account balance 26,445
• Cash on hand 9,478 Postdated checks 753
• Cash refund due from IRS 40,324 Certificates
  of deposit (180-day) 94,754

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ACC 422 Final Exam Guide 2

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• 1) Which of the following is NOT considered cash
  for financial reporting purposes??
• 2) What is the preferable presentation of
  accounts receivable from officers, employees, or
  affiliated companies on a balance sheet??
• 3) Which of the following is considered cash??
• 4) If a company employs the gross method of
  recording accounts receivable from customers,
  then sales discounts taken should be reported as
• 5) Assuming that the ideal measure of short-

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ACC 422 Final Exam Guide 3

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• SET 3
• 1) Which of the following is NOT considered cash
  for financial reporting purposes?
• 2) What is the preferable presentation of
  accounts receivable from officers, employees, or
  affiliated companies on a balance sheet?
• 3) Which of the following items should NOT be
  included in the Cash caption on the balance
  sheet?
• 4) The advantage of relating a company's bad debt
  expense to its outstanding accounts receivable is
  that this approach
• 5) Which of the following is a generally accepted
  method of

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ACC 422 Final Exam Guide All 3 Sets

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• Details of All 180 Questions Given Below
• SET 1
• 1. Kraft Enterprises owns the following assets at
  December 31, 2012.
• Cash in banksavings account 67,516 Checking
  account balance 26,445
• Cash on hand 9,478 Postdated checks 753
• Cash refund due from IRS 40,324 Certificates of
  deposit (180-day) 94,754
• What amount should be reported as cash?

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ACC 422 Week 1 CPA Practice Exam

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• 1. What amount should Herc report as inventory in
  its December 31, 2005, balance sheet?
• 2. What dollar-value LIFO inventory cost would be
  reported in Cobb's December 31, 2006, balance
  sheet?
• 3. Garson Co. recorded goods in transit purchased
  FOB shipping point at year-end as purchases. The
  goods were excluded from the ending inventory.
  What effect does the omission have on Garson's
  assets and retained earnings at year end?

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ACC 422 Week 1 DQ 1

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• Week 1 DQ 1
• Consider how an organization must manage cash,
  receivables, and inventory. Which of the three
  variables is the most important to manage? Is one
  more susceptible to fraud and errors than the
  others? Explain your answer.
• How would a misstatement in each affect the
  organization?

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ACC 422 Week 1 DQ 2

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• Week 1 DQ 2
• What is the perpetual method of tracking
  inventory?
• How does it differ from the periodic method of
  tracking inventory?
• Why would a company choose one method over the
  other method?
• Which is the best method? Why?

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ACC 422 Week 1 DQ 3

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• Week 1 DQ 3
• What are the different ways to estimate bad debt?
• How does this affect net income?
• What does Generally Accepted Accounting
  Principles (GAAP) require? Why?
• Should all companies have bad debt? Explain your
  answer.

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ACC 422 Week 1 Individual Assignment Disclosure
Analysis Paper (2 Papers)

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• This Tutorial contains 2 Papers
• Resource Internet
• Select a publicly held company to use as the
  basis for this assignment.
• Research your selected company and acquire the
  companys most recent

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ACC 422 Week 1 Individual WileyPlus Assignment
(Exercise 7-2, 7-4, 7-8, 7-9, 7-13, 7-16, 8-3,
8-13) 100 Score

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• Complete the following Week 1 Assignment in
  WileyPLUS
• Exercise 7-2
• Exercise 7-4
• Exercise 7-8
• Exercise 7-9
• Exercise 7-13
• Exercise 7-16
• Exercise 8-3
• Exercise 8-13

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ACC 422 Week 2 CPA Practice Exam

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• 1. On June 18, 2005, Dell Printing Co. incurred
  the following costs for one of its printing
  presses
• 2. The overhaul resulted in a significant
  increase in production. Neither the attachment
  nor the overhaul increased the estimated useful
  life of the press. What amount of the above costs
  should be capitalized?

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ACC 422 Week 2 DQ 1

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• Week 2 DQ 1
• Under what circumstances would a company need to
  estimate its inventory?
• What are the differences between using the gross
  profit method and retail inventory method for
  estimating inventory?
• Which method of estimation, gross profit or
  retail inventory, is best? Explain your answer.

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ACC 422 Week 2 DQ 2

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• Week 2 DQ 2
• What are the criteria for capitalization of fixed
  assets?
• What items are included in the cost of a fixed
  asset?
• Should interest be included in the cost of a
  fixed asset? Explain why or why not.

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ACC 422 Week 3 Team Assignment Textbook Problems
(P9-2, P9-4, P10-3, P10-4) 100 Score

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• Prepare written responses to the following
  assignments from Ch. 9 10 of Intermediate
  Accounting
• Problem 9-2
• Problem 9-4
• Problem 10-3
• Problem 10-4
• Click the Assignment Files tab to submit your
  assignment.

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ACC 422 Week 4 CPA Practice Exam

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• 1. On September 30, World Co. borrowed
  1,000,000 on a 9 note payable. World paid the
  first of four quarterly payments of 264,200 when
  due on December 30. In its December 31, balance
  sheet, what amount should World report as note
  payable?
• 2. Gain contingencies are usually recognized in
  the income statement when
• 3. For a bond issue which sells for less than its
  par value, the market rate of interest is
• 4. In December year 1, Mill Co. began including
  one coupon in each package of

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ACC 422 Week 4 DQ 1

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• Week 4 DQ 1
• What are the criteria for classifying an item as
  a current liability?
• What are some examples of current liabilities?
• Why is it important to classify a portion of
  long-term debt on a yearly basis as a current
  liability?
• What is the implication of misclassifying a
  liability as current or long-term?

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ACC 422 Week 4 DQ 2

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• Week 4 DQ 2
• What is a contingency?
• Why are contingencies important to users of
  financial statements?
• What are the criteria for recording
  contingencies?
• Should companies record a liability for
  threatened litigation? Explain why or why not.

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ACC 422 Week 4 DQ 3

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• Week 4 DQ 3
• What is a bond? What are some features of a bond?
  How do you value bonds? What factors can affect
  that value?

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ACC 422 Week 4 Individual Wileyplus Assignment
Exercise 13-1, 13-3, 13-5, 13-8, 13-11, 14-4,
14-13

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• Resource WileyPLUS
• Complete the following Week Four Assignment in
  WileyPLUS
• Exercise 13-1
• Exercise 13-3
• Exercise 13-5
• Exercise 13-8
• Exercise 13-11
• Exercise 14-4
• Exercise 14-13

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ACC 422 Week 4 Team Assignment Financial
Scavenger Hunt 3 (Nordstrom)

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• Review the financial statements, including any
  notes and supplemental information, and answer
  the following questions. Indicate where you found
  the answer to the questions. If calculations are
  required, show your work.
• Fixed Assets and Intangibles
• 1. How are plant and equipment recorded?
• 2. How are leasehold improvements accounted for?
• 3. How are assets depreciated?
• 4. How is impairment determined and were there
  any impairments reported?
• 5. Were any new stores added and if yes, where.
• 6. Were any stores or facilities closed and if
  yes, where.

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ACC 422 Week 5 DQ 1

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• Week 5 DQ 1
• What are the differences between a
  direct-financing and a sales-type lease for a
  lessor?
• Why would a lessor provide direct-financing to a
  lessee?
• What types of organizations provide
  direct-financing leases?

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ACC 422 Week 5 DQ 2

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• Week 5 DQ 2
• What are the criteria for classifying a lease as
  operating or capital?
• Why is there a difference between the two?
• What are the implications of an operating lease
  versus a capital lease on an entitys financial
  statements?

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ACC 422 Week 5 DQ 3

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• Week 5 DQ 3
• What is residual value?
• What is the implication to the lessee if the
  residual value is guaranteed or unguaranteed?
• What is the implication to the lessor?

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ACC 421 Final Exam Guide (New) 98 Score

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• Scroll Down to See Details of the Questions
• Transactions for Mehta Company for the month of
  May are presented below. Prepare journal entries
  for each of these transactions.
• On July 1, 2014, Crowe Co. pays 15,000 to Zubin

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ACC 422 Week 5 DQ 4

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• Week 5 DQ 4
• What are the advantages of operating and capital
  leases? What are the disadvantages?
• Why would a company pick one over the other?

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ACC 422 Week 5 Individual WileyPlus Assignment
Exercise 21-2, 21-4, 21-8 (Essay), 21-8, 21-13

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• Complete the following Week Five Assignment in
  WileyPLUS
• Exercise 21-2
• Exercise 21-4
• Exercise 21-8 (Essay)
• Exercise 21-8
• Exercise 21-13

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ACC 422 week 5 Learning Team Problem Presentation

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• Collaborate as a team to provide written
  responses to a facilitator-assigned problem.
• Prepare a 5- to 10-minute oral presentation
  accompanied by a 7- to 9-slide Microsoft
  PowerPoint presentation illustrating your teams
  solution to the assigned problem.
• Note. Each week, the facilitator assigns one
  Learning Team a problem to present that the team
  must complete during the succeeding Learning Team
  Meeting.

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ACC 422 Week 5 Team Assignment Textbook Problems
(P13-10,P14-2, P21-3) 100 Score

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• Prepare written responses to the following
  assignments from Ch. 13,14 21 of Intermediate
  Accounting
• Problem 13-10
• Problem 14-2
• Problem 21-3
• Click the Assignment Files tab to submit your
  assignment.

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ACC 422 Focus Dreams/uophelp.com

• For more course tutorials visit
• www.uophelp.com