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For more classes visit www.snaptutorial.com 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. – PowerPoint PPT presentation

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Title: ACC 421 course Marvelous Learning /snaptutorial.com


1
ACC 421 Course Marvelous Learning /
snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
2
ACC 421 Course Marvelous Learning /
snaptutorial.com
ACC 421 Final Exam Guide (New) 98 Score For
more classes visit www.snaptutorial.com   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 Insurance
Co. for a 3-year insurance policy. Both companies
have fiscal years ending December 31. For Crowe
Co., journalize the entry on July 1 and the
adjusting entry on December 31.
3
ACC 421 Course Marvelous Learning /
snaptutorial.com
ACC 421 Final Exam Guide (New) For more classes
visit www.snaptutorial.com   Number of Questions
30 Score atleast 90 easily with our EXCEL SHEET
for any values (EVEN IF VALUES CHANGES) of below
mentioned Question Exercise 129 Prepare the
necessary adjusting journal entries indicated by
each item for the year ended December 31,
2017. Exercise 132
1. An income statement.
2. A retained earnings statement.
3. A balance sheet.
4
ACC 421 Course Marvelous Learning /
snaptutorial.com
ACC 421 Final Exam Guide For more classes
visit www.snaptutorial.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
ACC 421 Course Marvelous Learning /
snaptutorial.com
ACC 421 Week 1 US GAAP Versus IFRS For more
classes visit www.snaptutorial.com   Write a
1,050- to 1,400-word paper that addresses the
following scenario and questions Your aunt
recently received the annual report for a company
in which she has invested. The report notes that
the statements have been prepared in accordance
with generally accepted accounting principles.
She has also heard that certain terms have
special meanings in accounting relative to
everyday use. She would like you to explain the
meaning of terms she has come across related to
accounting.
6
ACC 421 Course Marvelous Learning /
snaptutorial.com
ACC 421 Week 2 DQs For more classes
visit www.snaptutorial.com   1. What are
different criteria for recognizing revenue? 2.
What are the different revenue recognition
methods? Why are there so many revenue
recognition methods? 3. Why are the methods
subjective, and what are the implications on
income statement quality?
7
ACC 421 Course Marvelous Learning /
snaptutorial.com
ACC 421 Week 2 Individual BE 4-2, BE 4-3, BE
4-10, Ex 18-3, Ex 18-7 For more classes
visit www.snaptutorial.com   This Tutorial
contains Excel File which can be used to solve
for any values Complete the following
assignments in WileyPLUS Brief Exercise
4-2 Brief Exercise 4-3 Brief Exercise
4-10 Exercise 18-3 Exercise 18-7 (Part Level
Submission)
8
ACC 421 Course Marvelous Learning /
snaptutorial.com
ACC 421 Week 2 Individual Revenue Recognition
standards (2 PPT) For more classes
visit www.snaptutorial.com   This Tutorial
contains 2 Presentation Create a 7- to 12-slide
presentation. Describe the new Revenue
Recognition standards. Project the impact of
these new standards on financial reporting. Click
the Assignment Files tab to submit your
assignment.
9
ACC 421 Course Marvelous Learning /
snaptutorial.com
ACC 421 Week 2 Team Coca-Cola PepsiCo Comparative
Analysis Cases p. 72 and 145 For more classes
visit www.snaptutorial.com   Complete, as a team,
the Coca-Cola/PepsiCo Comparative Analysis Cases
on p. 72 and 145. Your responses should be
approximately one to two sentences for each
segment (a-d, a-c). Compile all team members
input. Click the Assignment Files tab to submit
your assignment. (a) What are the primary lines
of business of these two companies as shown in
their notes to the financial statements?
10
ACC 421 Course Marvelous Learning /
snaptutorial.com
ACC 421 Week 3 Assignment CA 4-2, Problem 18-3,
Problem 18-2 For more classes
visit www.snaptutorial.com   Complete the
following individually and discuss your
individual answers as a team CA 4-2, p.
190 Problem 18-3, p. 1043 Problem 18-2, p.
1047 After discussing your answers, compile each
into a team response. Click the Assignment Files
tab to submit your assignment.
11
ACC 421 Course Marvelous Learning /
snaptutorial.com
ACC 421 Week 3 Individual BE 5-1, Ex 5-3, Ex 5-9,
Pr 5-2, BE 2-1, BE 24-8, Pr 24-3 (With Excel
File) For more classes visit www.snaptutorial.co
m   This Tutorial contains Excel File which can
be used to solve for any values Exercise
5-1 Pronghom corporation has the following
accounts included in its December 31, 2017, trial
balance Accounts receivable 110,600, Inventory
293,500, Allowance for Doubtful Accounts 9,450,
Patents 72,500, prepaid insurance 9,590,
Accounts payable 81,200 and cash 30,200.
Prepare the current assets section of the balance
sheet.
12
ACC 421 Course Marvelous Learning /
snaptutorial.com
ACC 421 Week 3 Individual BE 24-1 (Essay) (with
Excel File) For more classes visit www.snaptutoria
l.com   This Tutorial contains Excel File which
can be used to solve for any values Brief
Exercise 24-1 (Essay) An annual report of
Crestwood Industries states, The company
subsidiaries have long-term leases expiring on
various dates after December 31,2017. Amounts
payables under such commitments, without
reduction for related rental income, are expected
to average approximately 5,711,000 annually for
the next 3 years. Related rental income from
certain subleases to others is estimated to
average 3,094,000 annually for the next 3
years. What information is provided by this
note?
13
ACC 421 Course Marvelous Learning /
snaptutorial.com
ACC 421 Week 3 Individual BE 24-8 (with Excel
File) For more classes visit www.snaptutorial.co
m   This Tutorial contains Excel File which can
be used to solve for any values Brief
Exercise 24-8 Answer each of the questions in the
following unrelated situations a) The
current ratio of a company is 51 and its
acid-test ratio is 11. If the inventories and
prepaid items amount to 485,500, what is the
amount of current liabilities?
14
ACC 421 Course Marvelous Learning /
snaptutorial.com
ACC 421 Week 3 Individual Brief Exercise 5-1
(with Excel File) For more classes
visit www.snaptutorial.com   This Tutorial
contains Excel File which can be used to solve
for any values Exercise 5-1 Pronghom
corporation has the following accounts included
in its December 31, 2017, trial balance Accounts
receivable 110,600, Inventory 293,500,
Allowance for Doubtful Accounts 9,450, Patents
72,500, prepaid insurance 9,590, Accounts
payable 81,200 and cash 30,200. Prepare the
current assets section of the balance sheet.
15
ACC 421 Course Marvelous Learning /
snaptutorial.com
ACC 421 Week 3 Individual Exercise 5-3 For more
classes visit www.snaptutorial.com   Exercise
5-3 For Fielder Enterprises, indicate how each
of the following usually should be classified. If
an item should appear in a note to the financial
statements, select note to Financial Statement
to indicate this fact. If an item need to be
reported on the balance sheet, select Balance
Sheet and if an item need not be reported at
all, select Not to be Reported
16
ACC 421 Course Marvelous Learning /
snaptutorial.com
ACC 421 Week 3 Individual Exercise 5-9 (with
Excel File) For more classes visit www.snaptutor
ial.com   This Tutorial contains Excel File which
can be used to solve for any values Exercise
5-9 (Part Level Submission) The current assests
and current liabilities sections of the balance
sheet of Cheyenne company appear as follows. a)
calculate following adjusted balances.
17
ACC 421 Course Marvelous Learning /
snaptutorial.com
ACC 421 Week 3 Individual Problem 5-2 (with Excel
File) For more classes visit www.snaptutorial.co
m   This Tutorial contains Excel File which can
be used to solve for any values Problem
5-2 Presented below are a number of balance sheet
items for waterway, Inc., for the current year,
2017.
18
ACC 421 Course Marvelous Learning /
snaptutorial.com
ACC 421 Week 3 Individual Problem 24-3 (Essay)
For more classes visit www.snaptutorial.com   Pro
blem 24-3 (Essay) Bradbum Corporation was Formed
5 years age through a public subscription of
common stock. Daniel Brown, who owns 15 of the
common stock, was one of the organizers of
Bradburn and is its current president.
19
ACC 421 Course Marvelous Learning /
snaptutorial.com
ACC 421 Week 3 Team Assignment Comparative
Analysis Case (Coca Cola/Pepsi Co) For more
classes visit www.snaptutorial.com   Complete the
following deliverables as a team The
Coca-Cola/PepsiCo Comparative Analysis Case on p.
192. Your responses should be approximately one
to two sentences for each segment (a-c). (a) What
type of income format(s) is used by these two
companies? Identify any differences in income
statement format between these two companies.
20
ACC 421 Course Marvelous Learning /
snaptutorial.com
ACC 421 Week 4 Wileyplus BE 5-12, Ex 5-13, Ex
5-14, BE 23-1, Ex 23-14 For more classes
visit www.snaptutorial.com   This Tutorial
contains Excel File which can be used to solve
for any values Complete the following assignments
in WileyPLUS Brief Exercise 5-12 Exercise
5-13 Exercise 5-14 Brief Exercise 23-1
Exercises 23-13 Exercise 23-14
21
ACC 421 Course Marvelous Learning /
snaptutorial.com
ACC 421 Week 5 Analyzing Amazon document For
more classes visit www.snaptutorial.com   Resource
s Analyzing Amazon document. Write a 700- to
1,050-word paper. The incredible growth of
Amazon.com has put fear into the hearts of
traditional retailers. Amazons stock price has
soared to amazing levels. However, it is often
pointed out in the financial press that it took
the company several years to report its first
profit. Calculate free cash flow for Amazon for
the current and prior years. Evaluate its ability
to finance expansion from internally generated
cash.
22
ACC 421 Course Marvelous Learning /
snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
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