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For more classes visit www.snaptutorial.com This Tutorial contains 2 Set of Papers for each Assignment (DQ – 1Set Only)   ACC 281 Week 1 DQ 1 Basic Accounting Equation   ACC 281 Week 1 DQ 2 Why is accounting needed   ACC 281 Week 1 Quiz – PowerPoint PPT presentation

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Title: ACC 281 Possible is Everything/snaptutorial.com (2)


1
ACC 290 Possible is Everything
2
ACC 290 Possible is Everything
ACC 290 Entire Course New Syllabus With Final
Guide For more classes visit www.snaptutorial.co
m ACC 290 Final Exam Guide(Latest) ACC 290 Week
1 Assignment Preparing an Income Statement
Retained Earnings Statement and Balance Sheet ACC
290 Week 2 Analyzing the Effect of Transactions
E3-1 (New) ACC 290 Week 2 Text Exercise Ex 1-9,
Ex 2-10 (Donavan, Myeneke Corporation)
3
ACC 290 Possible is Everything
ACC 290 Final Exam Guide (New, 2018, 100 Score)
For more classes visit www.snaptutorial.com
Question 1 The best definition of assets is the
collections of resources belonging to the
company and the claims on these resources. cash
owned by the company. owners investment in the
business. resources belonging to a company that
have future benefit to the company.
4
ACC 290 Possible is Everything
ACC 290 Final Exam Guide(Latest) To Purchase This
Material Click below Link For more classes
visit www.snaptutorial.com Question 1 The best
definition of assets is the collections of
resources belonging to the company and the claims
on these resources. cash owned by the
company. owners investment in the
business. resources belonging to a company that
have future benefit to the company.
Question 2 Which of the following is not a
liability?
5
ACC 290 Possible is Everything
ACC 290 Week 1 Assignment Preparing an Income
Statement Retained Earnings Statement and Balance
Sheet For more classes visit www.snaptutorial.co
m Purpose of Assignment The purpose of this
assignment is to help students become familiar
with the presentation of the income statement and
the retained earnings statement, including how
parts of the financial statement is evaluated to
determine the operational success of the
business. Assignment Steps Resources Financial
Accounting Tools for Business Decision Making p.
36
6
ACC 290 Possible is Everything
ACC 290 Week 1 Discussion Question 1 To Purchase
This Material Click below Link For more classes
visit www.snaptutorial.com ACC 290 Week One -
DQ 1 What are the four basic financial
statements? What is the primary purpose of each
of the four basic financial statements? In your
opinion, which financial statement is the most
important? Explain why. How would the financial
statements be useful to managers and employees?
How would the financial statements be useful to
investors and creditors?
7
ACC 290 Possible is Everything
ACC 290 Week 1 Discussion Question 2 To Purchase
This Material Click below Link For more classes
visit www.snaptutorial.com What are debits and
credits? How are debits and credits used to
record business transactions? Why do accountants
debit asset accounts to increase them but credit
liability accounts to increase them? Why do
accountants debit expenses to increase them but
credit revenues to increase them?
8
ACC 290 Possible is Everything
ACC 290 Week 1 Individual Assignment Financial
Statements Paper For more classes
visit www.snaptutorial.com Individual -
Financial Statements Paper - Prepare a 700 -1,050
word paper in which you identify the four basic
financial statements. Describe the purpose of
each of the four financial statements. Discuss
how the financial statements would be useful to
internal users, such as to managers and
employees. Discuss ho
9
ACC 290 Possible is Everything
ACC 290 Week 1 Practice Quiz For more classes
visit www.snaptutorial.com Question 1
Current assets are expected to be converted
to cash or consumed within the next year or the
normal operating cycle, whichever is longer.
Current assets are economic resources
that are expected to be converted to cash or used
up by the business within one year or the normal
operating cycle, whichever is shorter. Question
2 Land or a building which is
currently not used in operation is considered to
be a long-term investment.
10
ACC 290 Possible is Everything
ACC 290 Week 1 Vocabulary Activity For more
classes visit www.snaptutorial.com WileyPLUS
Assignment Week 1 Vocabulary Activity Resource
WileyPLUS Complete the following Week 1
Assignment in WileyPLUS
11
ACC 290 Possible is Everything
ACC 290 Week 1 WileyPlus Assignment DI1-3,
E1-3,E1-4, E2-4, IFRS2-4 For more classes
visit www.snaptutorial.com WileyPLUS
Assignment Week 1 Assignment Resource
WileyPLUS Complete the following Week 1
Assignment in WileyPLUS
12
ACC 290 Possible is Everything
ACC 290 Week 2 Chapter 1,2,3 Orion WileyPlus
Proficiency and Practice Quiz For more classes
visit www.snaptutorial.com ACC 290 Chapter 1
Orion WileyPlus Build your Proficiency Q 1.1
What is the primary purpose of the statement of
cash flows? Q 1.2 Which financial statement
summarizes the financial position of a company? Q
1.3 Which financial statement provides
information for a specific point in time? Q 1.4
The reports revenues and expenses and resulting
net income or less for a period in time. Q
1.5 The income statement does not report cash
received from the sale of stock because it is not
considered revenue. Q 1.6 Torres Travels
stockholders' equity at the beginning of March
2014 was 200,000. During the month, the company
13
ACC 290 Possible is Everything
ACC 290 Week 2 Charter for Collaborative Learning
Activities For more classes visit www.snaptutori
al.com Resources Week 2 Learning Team
Collaborative Discussion and the Learning Team
Charter for Collaborative Learning
Activities Write a 150- to 200-word individual
response to the following Consider the
multiple definitions of collaboration. Define
collaboration and how you will apply it in this
course based upon the discussion with your
Learning Team. Be sure to reference a
14
ACC 290 Possible is Everything
ACC 290 Week 2 Discussion Question 1 For more
classes visit www.snaptutorial.com What is the
revenue recognition principle? What is the
expense recognition principle? Why are they
important to financial reportin
15
ACC 290 Possible is Everything
ACC 290 Week 2 Discussion Question 2 For more
classes visit www.snaptutorial.com What
accounts are subject to adjusting journal entries
and why? How would you explain the purpose of the
adjusted trial balance?
16
ACC 290 Possible is Everything
ACC 290 Week 2 E3-1 (New) For more classes
visit www.snaptutorial.com The balance sheet
makes sure that the finances are in balance.
Below is a list of Thyme Advertising Company,
Inc. transactions. Each of these is affected
differently. Issued common stock to investors
in exchange for cash received from investors.
Paid monthly rent.
17
ACC 290 Possible is Everything
ACC 290 Week 2 LT Reflection Summary (New) For
more classes visit www.snaptutorial.com Discuss
the objectives for ACC 290 Week Two. What do
you think will be the most important of the
skills learned when you are in an accounting
position? Differentiate between accrual basis
and cash basis of accounting.
18
ACC 290 Possible is Everything
ACC 290 Week 2 LT Reflection Summary For more
classes visit www.snaptutorial.com Discuss the
objectives for ACC 290 Week Two. What do you
think will be the most important of the skills
learned when you are in an accounting position?
Differentiate between accrual basis and cash
basis of accounting. Create Adjusting Entries.
19
ACC 290 Possible is Everything
ACC 281 Week 4 DQ 1 Cost Flows Among Service,
Merchandising, and Manufacturing Enterprises
For more classes visit www.snaptutorial.com
Cost Flows Among Service, Merchandising, and
Manufacturing Enterprises. Using your textbook
and at least one scholarly source, compare cost
flows among service, merchandising, and
manufacturing enterprises, explaining how
healthcare differs from the other enterprises.
20
ACC 290 Possible is Everything
ACC 290 Week 2 Practice Quiz For more classes
visit www.snaptutorial.com Question 1 Expenses
decrease retained earnings. Question 2 During
2014, Gibson Company assets decreased 50,000 and
its liabilities decreased 90,000. Its
stockholders equity
21
ACC 290 Possible is Everything
ACC 290 Week 2 Vocabulary Activity For more
classes visit www.snaptutorial.com WileyPLUS
Assignment Week 2 Vocabulary Activity
Resource WileyPLUS Complete the following
Week 2 Assignment in WileyPLUS
22
ACC 290 Possible is Everything
ACC 290 Week 2 WileyPlus Assignment BYP2-2,
IFRS2-6, E3-4, E3-8, BYP 3-2, IFRS 3-2, P3-5,
P3-6 For more classes visit www.snaptutorial.com
WileyPLUS Assignment Week 2 Assignment
Resource WileyPLUS Complete the following
Week 2 Assignment in WileyPLUS BYP 2-2
IFRS 2-6 Exercise 3-4
23
ACC 290 Possible is Everything
ACC 290 Week 3 Chapter 4,5 Orion WileyPlus
Proficiency and Practice Quiz For more classes
visit www.snaptutorial.com ACC 290 Week 3
Chapter 4,5 Orion WileyPlus Proficiency and
Practice Quiz ACC 290 Chapter 4 Orion WileyPlus
Build your Proficiency Q 4.1 Which of the
following statements about accrual-basis
accounting is NOT true? Q 4.2 If a company
spends 12 million dollars for a warehouse, when
should the cost be written off? Q 4.3 If an
expense has been used or consumed but a bill has
not been received at the end of the accounting
period, which of the following is needed? Q 4.4
Which of the following is true about unearned
revenues?
24
ACC 290 Possible is Everything
ACC 290 Week 3 Discussion Question 1 For more
classes visit www.snaptutorial.com What are the
steps in completing the accounting cycle? How do
the different steps affect the financial
statements? What is the effect on the financial
statements of missing a step when completing the
accounting cycle? What are the four closing
journal entries? Why are they necessary? What are
reversing entries? Why are they used? What are
the pros and cons of using reversing entries? Why
are reversing entries optional?
25
ACC 290 Possible is Everything
ACC 290 Week 3 Discussion Question 2 For more
classes visit www.snaptutorial.com What are the
pros and cons of using reversing entries? Why are
reversing entries optional? What is the main
purpose of a financial statement worksheet and
its benefits? How has automation aided the
preparation, accuracy, and use of the financial
statement worksheet?
26
ACC 290 Possible is Everything/snaptutorial.com
ACC 290 Week 3 Practice Quiz For more classes
visit www.snaptutorial.com Question 1 The
revenue recognition principle dictates that
revenue is recognized in the period in which the
cash is received. Question 2 The
generally accepted accounting principle which
dictates that revenue be recognized in the
accounting period in which the performance
obligation is satisfied is the Question 3
27
ACC 290 Possible is Everything
ACC 290 Week 3 Problem 5-5A (Simon Company) For
more classes visit www.snaptutorial.com
Purpose of Assignment The purpose of this
assignment is to help you become familiar with
the parts of the multiple-step income
statement. Assignment Steps Resources Financial
Accounting Tools for Business Decision
Making Scenario An inexperienced accountant
prepared this condensed income statement for
Simon Company a retail firm that has been in
business for a number
28
ACC 290 Possible is Everything
ACC 290 Week 3 Vocabulary Activity For more
classes visit www.snaptutorial.com WileyPLUS
Assignment Week 3 Practice Quiz Resource
WileyPLUS Complete the following Week 3
Assignment in WileyPLUS Chapter 4 Practice
Quiz
29
ACC 290 Possible is Everything
ACC 290 Week 3 WileyPlus Assignment BE4-1, P4-2A,
P4-3A, BYP4-1, IFRS PQ-1, PQ-2, PQ-3, PQ-4 For
more classes visit www.snaptutorial.com
Assignment Week 3 Assignment Complete the
following Week 3 Assignment Brief Exercise
4-1 Problem 4-2A Problem 4-3A
30
ACC 290 Possible is Everything
ACC 290 Week 4 Chapter 6 Orion WileyPlus
Proficiency and Practice Quiz For more classes
visit www.snaptutorial.com ACC 290 Chapter 6
Orion WileyPlus Build your Proficiency Q 6.1
Where is inventory reported? Q 6.2 ________
are items that will eventually be used in
production Q 6.3 How is inventory ready for
sale classified in a manufacturing company? Q
6.4 In the perpetual inventory system, which of
the following is NOT a reason to take physical
inventory?
31
ACC 290 Possible is Everything
ACC 290 Week 4 Discussion Question 1 For more
classes visit www.snaptutorial.com How would
you calculate cost of goods sold? What items make
up cost of goods sold? How does beginning and
ending inventory affect cost of goods sold? What
are the journal entries a merchandising
organization would use to record the purchase and
subsequent sale of merchandise? How would these
transactions differ with a periodic versus a
perpetual inventory system? Why are perpetual
inventory systems so much more popular today than
back in the early 1960s and earlier? Why would a
company employing a perpetual inventory system
still take a physical inventory periodically?
32
ACC 290 Possible is Everything
ACC 290 Week 4 Discussion Question 2 For more
classes visit www.snaptutorial.com What are
the three different inventory cost flow
assumptions commonly used in commerce today and
allowed by generally accepted accounting
principles? How does a company determine what
cost flow assumption they should use? How does
first in, first out cost flow assumption work?
When it is most appropriate to use? How does las
33
ACC 290 Possible is Everything
ACC 290 Week 4 Evaluate The Inventory Section Of
Two companies Using Basic Comparative Analysis
For more classes visit www.snaptutorial.com
The purpose of this assignment is to evaluate
the inventory section of two companies using
basic comparative analysis, and to interpret the
data to gain insight about the company's
inventory management. Assignment Steps
Resources Financial Accounting Tools for
Business Decision Making Write a 1,050-word
comparative analysis using the financial
statements of Amazon.com, Inc. presented in
Appendix D, and the financial statements for
Wal-Mart Stores, Inc., presented in Appendix E,
including the following Compute these
2014 values for each company based on the
information in the financial statements
Inventory turnover (Use cost of sales and
inventories) Days of inventory

Conclusions concerning the management of
the inventory can you draw from this data
34
ACC 290 Possible is Everything
ACC 290 Week 4 Practice Quiz For more classes
visit www.snaptutorial.com Question 1 A
service company's operating cycle is ordinarily
shorter than that of a merchandising company. The
operating cycle of a merchandising company is
ordinarily shorter than that of a service
company. Question 2 Due to the turnover
time of inventory, merchandising companies have
an operating cycle that is longer than a service
company. The operating cycle of a merchandising
company is ordinarily ___________________ that of
a service firm. Question 3
35
ACC 290 Possible is Everything
ACC 290 Week 4 Vocabulary Activity For more
classes visit www.snaptutorial.com WileyPLUS
Assignment Week 4 Vocabulary Activity Resource
WileyPLUS Complete the following Week 4
Assignment in WileyPLUS
36
ACC 290 Possible is Everything
ACC 290 Week 4 Wileyplus Assignment P4-8A,
BYP5-1, BYP5-2, BE5-1, BE5-2, IFRS5-2, IFRS5-4,
PQ-1, PQ-2, PQ-3 For more classes
visit www.snaptutorial.com Week 4
Assignment Complete the following Week 4
Assignment in Problem 4-8A Brief Exercise
5-1 Brief Exercise 5-2 BYP 5-1 BYP 5-2 IFRS
5-2 IFRS 5-4
37
ACC 290 Possible is Everything/snaptutorial.com
ACC 290 Week 4Evaluate The Inventory Section Of
Two companies Using Basic Comparative Analysis
For more classes visit www.snaptutorial.com
The purpose of this assignment is to evaluate
the inventory section of two companies using
basic comparative analysis, and to interpret the
data to gain insight about the company's
inventory management. Assignment Steps
Resources Financial Accounting Tools for
Business Decision Making Write a 1,050-word
comparative analysis using the financial
statements of Amazon.com, Inc. presented in
Appendix D, and the financial statements for
Wal-Mart Stores, Inc., presented in Appendix E,
including the following Compute these
2014 values for each company based on the
information in the financial statements
38
ACC 290 Possible is Everything
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