ACC 291 Education Begins/newtonhelp.com

1
ACC 291 Education Begins/newtonhelp.com
2
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Entire Course (New Syllabus, with Final
  Exam Guide)
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• ACC 291 Final Exam Guide (New, 2017)
• ACC 291 Week 1 Assignment Comparative Analysis
  Problem (2 Papers)
• ACC 291 Week 2 Assignment Financial Reporting
  Problem, Apple Inc
• ACC 291 Week 2 Textbook Exercise BE 8-8, E8-4,
  E8-14, E9-4
• ACC 291 Week 3 Assignment The Liabilities Section
  of OBrians Balance Sheet

3
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Final Exam Guide (New, 100 Score)
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• 1. The term receivables refers to
• cash to be paid to debtors.
• merchandise to be collected from individuals or
  companies.
• cash to be paid to creditors.
• amounts due from individuals or companies.

4
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Final Exam Guide (New, 2018, 100 Score)
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• 1. The term receivables refers to
• cash to be paid to debtors.
• merchandise to be collected from individuals or
  companies.
• cash to be paid to creditors.
• amounts due from individuals or companies.

5
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Week 1 Apply Connect Assignment
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• ACC 291 Week 1 Apply Connect Assignment
• 1
• Exceptional Electronics began operations
  September 1, 2019. The firm sells its merchandise
  for cash and on open account. Sales are subject
  to a 7 percent sales tax. During September,
  Exceptional Electronics engaged in the following
  transactions

6
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Week 1 Assignment Comparative Analysis
  Problem (2 Papers)
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• This Tutorial contains Papers Excel Sheet
•  
• Purpose of Assignment
•  
• The purpose of this assignment is to help you
  understand the basics of financial statement
  analysis using financial ratios on the assets
  section of the balance sheet, data
  interpretation, and how ratios are used to gain
  insight about the management of receivable.
•  

7
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Week 1 Practice Connect Practice
  Assignment
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• ACC 291 Week 1 Practice Connect Practice
  Assignment
• attempt 1

8
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Week 1 Wileyplus Assignment E8-4, E8-11,
  BYP8-1, and BYP8-2 (New)
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• Wiley Plus Assignment Week 1
•  
• E8-4, E8-11, BYP8-1, and BYP8-2 in MS Excel
•  
• Exercise 8-4 Wainwright Company
• Exercise 8-11 Fedex Corporation
• Broadening your Perspective 8-1 Tootsie Roll
• Broadening your Perspective 8-2 Tootsie Roll and
  Hershey
•  

9
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Week 2 Apply Connect Assignment
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• ACC 291 Week 2 Apply Connect Assignment
• 1
• NewTech Medical Devices is a medical devices
  wholesaler that commenced business on June 1,
  2019. NewTech Medical Devices purchases
  merchandise for cash and on open account.

10
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Week 2 Assignment Financial Reporting
  Problem, Apple Inc
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• Purpose of Assignment
•  
• The purpose of this assignment is to help you
  understand the basics of financial statement
  analysis related to the assets section of the
  balance sheet, data interpretation, and how
  financial information is obtained to understand
  how a company accounts for its long-lived assets.
  
•  
• Assignment Steps

11
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Week 2 Fordyce and Atwater (New)
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• ACC 291 Week 2 - Fordyce and Atwater
• P10-5A
• Fordyce Electronics issues a 400,000, 8,
  10-year mortgage note on December 31, 2007. The
  proceeds from the note are to be used in
  financing a new research laboratory. The terms of
  the note provide for semiannualinstallment
  payments, exclusive of real estate taxes and
  insurance, of 29,433. Payments are due June 30
  and December 31.

12
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Week 2 Practice Connect Practice
  Assignment
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• ACC 291 Week 2 Practice Connect Practice
  Assignment
• 1
• Big Country Ski Shop is a retail store that sells
  ski equipment and clothing. Big Country Ski Shop
  commenced business on September 1, 2019. The firm
  purchases merchandise on open account.

13
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Week 2 Textbook Exercise BE 8-8, E8-4,
  E8-14, E9-4
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• ACC 291 Week 2 Textbook Exercise BE 8-8, E8-4,
  E8-14, E9-4
• Chapter 8 BE8-8
• Determine maturity dates and compute interest and
  rates on notes.
• E8-4 The ledger of Macarty Company at the end of
  the current year shows Accounts Receivable
  78,000, Credit Sales 810,000, and Sales Returns
  and Allowances 40,000.

14
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Week 2 Wileyplus Assignment P8-3A,
  BE9-11, DI9-5, E9-7, E9-8, BYP9, P9-2A (New)
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• P8-3A, BE9-11, DI9-5, E9-7, E9-8, BYP9, P9-2A.
•  
• Problem 8-3A Bosworth Company
• Brief Exercise 9-11 Nike, Inc.
• Do It! 9-5
• Exercise 9-7 Wang, Co.
• Exercise 9-8 Cleand Company

15
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Week 3 Apply Connect Assignment
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• ACC 291 Week 3 Apply Connect Assignment
• 1
• Royal Jewels, a retail business, started business
  on June 25, 2019. It keeps a 300 change fund in
  its cash register. The cash receipts for the
  period from June 25 to June 30, 2019 are below.

16
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Week 3 Assignment The Liabilities Section
  of OBrians Balance Sheet
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• Purpose of Assignment
•  
• The purpose of this assignment is to help you
  understand the balance sheet presentation for the
  liabilities of a company.
•  
• Assignment Steps
•  

17
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Week 3 Exercise BE 1-2, BE 10-3, BE 10-4,
  BE 10-5, BE 10-14
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• BE 1-2, BE 10-3, BE 10-4, BE 10-5, BE 10-14
• BRIEF EXERCISES
• Prepare entries for an interest-bearing note
  payable.
• BE10-2 Hive Company borrows 90,000 on July 1
  from the bank by signing a 90,000, 7, 1-year
  note payable. Prepare the journal entries to
  record (a) the proceeds of the note and (b)
  accrued interest at December 31, assuming
  adjusting entries are made only at the end of the
  year.

18
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Week 3 Practice Connect Practice
  Assignment
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• ACC 291 Week 3 Practice Connect Practice
  Assignment
•  
• attempt 1
•  
• 1
•  
• Florence Company received a bank statement
  showing a balance of 13,550 on November 30,
  2019. During the bank reconciliation process,
  Florences accountant noted the following bank
  errors
•  
•  
•  

19
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Week 3 Wileyplus Assignment P9-7A, E10-5,
  E10-8, E10-13, E10-22, E10-24, BYP10, P10-9A,
  P10-13A, IFRS10-4 (New)
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• P9-7A, E10-5, E10-8, E10-13, E10-22, E10-24,
  BYP10, P10-9A, P10-13A, IFRS10-4.
•  
• Exercise 10-5 Olinger Company
• Exercise 10-8 Ortega Company
• Exercise 10-13 Romine Company
• Exercise 10-22 Cole Corporation

20
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Week 4 Apply Connect Assignment
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• Assignment 1
• The Green Thumb Gardener
• Merchandise inventory on December 31, 2019, is
  11,521.
• During 2019, the firm had net credit sales of
  27,000 the firm estimates that 0.6 percent of
  these sales will result in uncollectible
  accounts.

21
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Week 4 Exercise E11-2, E11-5, E11-7,
  E11-13
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• Journalize issuance of common stock and preferred
  stock and purchase of treasury stock.
• E11-2 Sagan Co. had these transactions during the
  current period.
• June 12 Issued 80,000 shares of 1 par value
  common stock for cash of 300,000.
• July 11 Issued 3,000 shares of 100 par value
  preferred stock for cash at 106 per share.

22
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Week 4 Practice Connect Assignment
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• ACC 291 Week 4 Practice Connect Practice
  Assignment
• attempt 1
• 1
• 1. During the year 2019, Sampson Company had net
  credit sales of 1,950,000. Past experience shows
  that 1.5 percent of the firms net credit sales
  result in uncollectible accounts.

23
ACC 291 Education Begins/newtonhelp.com

• ACC 291 WEEK 4 Stockholders Equity Section of
  the Balance Sheet (Lachlin Corporation Balance
  Sheet)
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• Purpose of Assignment
•  
• The purpose of this assignment is to help you
  become familiar with examining the stockholders'
  equity section of the balance sheet.
•  
• Assignment Steps
•  

24
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Week 4 Wileyplus Assignment Do It 11-1,
  E11-5, E11-7, BYP11-1, BYP11-2, P11-5A, P11-8A
  (New)
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• Do It! 11-1, E11-5, E11-7, BYP11-1, BYP11-2,
  P11-5A, P11-8A.
•  
• Do It! 11-1
• Exercise 11-5 Garcia Corporation
• Exercise 11-7 Pele Company

25
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Week 5 Assignment Financial Reporting
  Problem II
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• Purpose of Assignment
• The purpose of this assignment is to expose you
  to the basic process involved in the analysis of
  the cash flow statement.
• Assignment Steps
• Resources Appendix A of Financial Accounting
  Tools for Business Decision Making
• Note This is a two part assignment.

26
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Week 5 Exercise E12-3, E12-10
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• Prepare the operating activities sectionindirect
  method.
• E12-3 Sosa Company reported net income of
  190,000 for 2017. Sosa also reported
  depreciation expense of 35,000 and a loss of
  5,000 on the disposal of plant assets. The
  comparative balance sheets show an increase in
  accounts receivable of 15,000 for the year, a
  17,000 increase in accounts payable, and a
  4,000 increase in prepaid expenses.

27
ACC 291 Education Begins/newtonhelp.com

• ACC 291 Week 5 Wileyplus Assignment E7-3, E12-1,
  E12-8, P12-9A, P12-10A, E13-3, E13-4, IFRS13-1,
  P13-2A (New)
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• E7-3, E12-1, E12-8, P12-9A, P12-10A, E13-3,
  E13-4, IFRS13-1, P13-2A.
•  
• Exercise 7-3
• Exercise 12-1
• Exercise 12-8
• Problem 12-9A
• Problem 12-10A
• Exercise 13-3

28
ACC 291 Education Begins/newtonhelp.com