ACC 422 Lessons in Excellence / acc422.com

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ACC 422 Lessons in Excellence -- acc422.com
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ACC 422 Lessons in Excellence -- acc422.com
ACC 422 Final Exam Guide (New 2018, With EXCEL
FILE, Score 29 30) For more course tutorials
visit www.acc422.com   This Tutorial contains
excel File which can be used to solve for any
change in values Brief Exercise 7-1 Brief
Exercise 7-7 Brief Exercise 7-14 Brief Exercise
7-15 Brief Exercise 8-4 (Part Level Submission)
Brief Exercise 8-5 Brief Exercise 8-6 Multiple
Choice Question 21 Question 14 Brief Exercise 9-4
Exercise 9-4 Brief Exercise 10-6 Brief Exercise
10-8 Exercise 10-1 Question 9 Brief Exercise
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ACC 422 Lessons in Excellence -- acc422.com
ACC 422 Final Exam Guide 1 For more course
tutorials visit www.acc422.com   1. Kraft
Enterprises owns the following assets at December
31, 2012. Cash in banksavings account 67,516 Chec
king 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?
Question 2 Presented below is information related
to Rembrandt Inc.s inventory.
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ACC 422 Lessons in Excellence -- acc422.com
ACC 422 Final Exam Guide 2 For more course
tutorials visit www.acc422.com   SET 2 1) Which
of the following is considered cash? 2) Bank
overdrafts, if material, should be 3) Which of
the following is NOT considered cash for
financial reporting purposes? 4) If a company
employs the gross method of recording accounts
receivable from customers, then sales discounts
taken should be reported as
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ACC 422 Lessons in Excellence -- acc422.com
ACC 422 Final Exam Guide 3 For more course
tutorials visit www.acc422.com   ACC 422 Final
Exam Guide 3SET 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
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ACC 422 Lessons in Excellence -- acc422.com
ACC 422 Final Exam Guide All 3 Sets For more
course tutorials visit www.acc422.com   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 Chec
king 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 Lessons in Excellence -- acc422.com
ACC 422 Week 1 DQ 1 For more course tutorials
visit www.acc422.com   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 Lessons in Excellence -- acc422.com
ACC 422 Week 1 DQ 2 For more course tutorials
visit www.acc422.com   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 Lessons in Excellence -- acc422.com
ACC 422 Week 1 DQ 3 For more course tutorials
visit www.acc422.com 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 Lessons in Excellence -- acc422.com
ACC 422 Week 1 Individual Assignment Disclosure
Analysis Paper (2 Papers) For more course
tutorials visit www.acc422.com   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 financial
statements using the Internet. Prepare a 700- to
1,050-word paper analyzing the disclosures
contained within
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ACC 422 Lessons in Excellence -- acc422.com
ACC 422 Week 1 Team Assignment Audited Financial
Statements (Nordstrom Inc.) For more course
tutorials visit www.acc422.com   Each team is
assigned a publically traded company that they
will use to answer the questions in the Financial
Scavenger Hunt assigned each week. Team A
Nordstrom Inc. Team B Macy's Inc. Locate your
assigned company's latest audited financial
statements and post them on the assignment tab.
Review the financial statements, including any
notes and supplemental information
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ACC 422 Lessons in Excellence -- acc422.com
ACC 422 Week 1 Wileyplus BE 7-1, BE 7-7, Ex 7-4,
Ex 7-9, Ex 7-22, Ex 7-24, CA 7-2, Pr 7-4 (with
Excel File) For more course tutorials
visit www.acc422.com   This Tutorial contains
Excel File which can be used to solve for any
values Complete the following assignments in
WileyPLUS Brief Exercise 7-1 Brief Exercise
7-7 Exercise 7-4 Exercise 7-9 Exercise 7-22
Exercise 7-24 (Part Level Submission) Concept
for Analysis 7-2 (Essay) Problem 7-4 (Part
Level Submission) Brief Exercise 7-1 Marin
Enterprises owns the following assets at December
31, 2017. Cash in banksavings account
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ACC 422 Lessons in Excellence -- acc422.com
ACC 422 Week 2 DQ 1 For more course tutorials
visit www.acc422.com 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 Lessons in Excellence -- acc422.com
ACC 422 Week 2 DQ 2 For more course tutorials
visit www.acc422.com   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 Lessons in Excellence -- acc422.com
ACC 422 Week 2 DQ 3 For more course tutorials
visit www.acc422.com   How do we account for the
disposition of fixed assets? What are the
differences in how the exchanges of assets are
handled, pending on whether they are similar or
dissimilar? What is the rationale for these
differences? What is the impact to the companies
financial statements?
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ACC 422 Lessons in Excellence -- acc422.com
ACC 422 Week 2 Learning Team Assignment (New
Syllabus) For more course tutorials
visit www.acc422.com   Complete the following
three deliverables for this assignment as a team
1. The Financial Reporting, Procter Gamble
Company, p. 379. 2. The Financial Statement
Analysis Cases, Case 1 Occidental Petroleum
Corporation, p. 379. 3. Problem 7-6, p. 374
Compile all team members input. Click the
Assignment Files tab to submit your assignment.
Financial Reporting The Procter Gamble
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ACC 422 Lessons in Excellence -- acc422.com
ACC 422 Week 2 Wileyplus Ex 8-2, Ex 8-9, Ex 8-12,
Ex 9-2, Ex 9-7, Ex 9-17, Ex 9-18, Ex 9-20, Ex
9-22 (with Excel File) For more course tutorials
visit www.acc422.com This Tutorial contains Excel
File which can be used to solve for any values
Complete the following assignments i Exercise
8-2 Exercise 8-9 (Part Level Submission)
Exercise 8-12 (Part Level Submission)
Exercise 9-2 Exercise 9-7 Exercise 9-17
Exercise 9-18 Exercise 9-20 Exercise 9-22
Exercise 8-2 In your audit of Leon Company, you
find that a physical inventory on December 31,
2017, showed merchandise
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ACC 422 Lessons in Excellence -- acc422.com
ACC 422 Week 3 DQ 1 For more course tutorials
visit www.acc422.com What is the purpose of
depreciation? Does the book value of a fixed
asset (cost minus accumulated depreciation)
communicate to a user what the asset is worth?
Explain why or why not. Should the financial
statements reflect the value of fixed assets?
Explain why or why not.
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ACC 422 Lessons in Excellence -- acc422.com
ACC 422 Week 3 DQ 2 For more course tutorials
visit www.acc422.com   What are the different
methods used to calculate depreciation? How does
a company decide which method it should
utilize? How does its choice affect the financial
statements? Should companies standardize the
method of depreciation to enhance comparability?
Explain your answer.
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ACC 422 Lessons in Excellence -- acc422.com
ACC 422 Week 3 DQ 3 For more course tutorials
visit www.acc422.com   What is an intangible
asset? Should all intangible assets be subject to
amortization? Explain why or why not. Why are
some intangible assets not amortized? What is the
implication to the financial statements?
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ACC 422 Lessons in Excellence -- acc422.com
ACC 422 Week 3 Team Assignment (Case 3, CA 8-10,
Problem 9-3, Problem 9-13) For more course
tutorials visit www.acc422.com   Complete the
following four deliverables for this assignment
as a team 1. Case 3 The Kroger Company, p. 440
Complete the following individually and discuss
your individual answers as a team 1. CA 8-10, p.
437 2. Problem 9-3, p. 483 3. Problem 9-13, p.
487 After discussing your answers, compile each
into a team response. Click the Assignment Files
tab to submit your assignment. The Kroger Company
reported the following data in its annual report
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ACC 422 Lessons in Excellence -- acc422.com
ACC 422 Week 3 Wileyplus BE 10-10, Ex 10-3, Ex
10-13, Ex 11-6 Ex 11-15, Ex 11-24, Ex 12-1, Ex
12-4, Ex 12-14 (with Excel File) For more course
tutorials visit www.acc422.com   This Tutorial
contains Excel File which can be used to solve
for any values Complete the following assignments
in WileyPLUS Brief Exercise 10-10 Exercise
10-3 Exercise 10-13 Exercise 11-6 Exercise
11-15 Exercise 11-15 (Essay) Exercise 11-24
Exercise 12-1 Exercise 12-4 Exercise 12-14
(Part Level Submission) Brief Exercise 10-10
Larkspur Company traded a used welding machine
(cost 10,620, accumulated depreciation 3,540
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ACC 422 Lessons in Excellence -- acc422.com
ACC 422 Week 4 DQ 1 For more course tutorials
visit www.acc422.com   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?
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ACC 422 Lessons in Excellence -- acc422.com
ACC 422 Week 4 DQ 2 For more course tutorials
visit www.acc422.com   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 Lessons in Excellence -- acc422.com
ACC 422 Week 4 DQ 3 For more course tutorials
visit www.acc422.com   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 Lessons in Excellence -- acc422.com
ACC 422 Week 4 Team Assignment Financial
Scavenger Hunt 3 (Nordstrom) For more course
tutorials visit www.acc422.com   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.
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ACC 422 Lessons in Excellence -- acc422.com
ACC 422 Week 4 Team Assignment Problem 10-4,
Problem 10-6, CA 11-5, Problem 12-2 For more
course tutorials visit www.acc422.com   Complete
the following individually and discuss your
individual answers as a team Problem 10-4, p.
543 Problem 10-6, p. 544 CA 11-5, p. 597
Problem 12-2, p. 644 After discussing your
answers, compile each into a team response. Click
the Assignment Files tab to submit your
assignment. Problem 10-4- Problem 10-4, p. 543
P10-4 (LO1,4,6) GROUPWORK
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ACC 422 Lessons in Excellence -- acc422.com
ACC 422 Week 4 WileyPlus Ex 13-2, Ex 13-7, Ex
13-16, Ex 14-4, Ex 14-6, Ex 14-9, Problem 14-2
(With Excel File) For more course tutorials
visit www.acc422.com   This Tutorial contains
Excel File which can be used to solve for any
values Complete the following assignments in
WileyPLUS Exercise 13-2 (Part Level
Submission) Exercise 13-7 (Part Level
Submission) Exercise 13-16 Exercise 14-4
Exercise 14-6 Exercise 14-9 (Part Level
Submission)
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ACC 422 Lessons in Excellence -- acc422.com
ACC 422 Week 5 DQ 1 For more course tutorials
visit www.acc422.com   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 Lessons in Excellence -- acc422.com
ACC 422 Week 5 DQ 2 For more course tutorials
visit www.acc422.com   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 Lessons in Excellence -- acc422.com
ACC 422 Week 5 DQ 3 For more course tutorials
visit www.acc422.com   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 422 Lessons in Excellence -- acc422.com
ACC 422 Week 5 DQ 4 For more course tutorials
visit www.acc422.com   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 Lessons in Excellence -- acc422.com
ACC 422 Week 5 Learning Team Problem
Presentation For more course tutorials
visit www.acc422.com   Collaborate as a team to
provide written responses to a facilitator-assigne
d 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 Lessons in Excellence -- acc422.com
ACC 422 Week 5 Signature Assignment Presentation
(Procter and Gamble) For more course tutorials
visit www.acc422.com   Create a 5- to 10-slide
presentation and use the same publicly traded
company selected in Week 2 to address the
following Be sure to use the most recent SEC
10-k or Annual report. Identify the Company's
current liabilities for the past two years?
Compare the current portion of long-term debt for
the past two years?
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ACC 422 Lessons in Excellence -- acc422.com
ACC 422 Week 5 Team Assignment Problem 13-7,
13-11, CA 13-3, CA 14-1, CA 14-4, CA 21-4 For
more course tutorials visit www.acc422.com   Compl
ete the following individually and discuss your
individual answers as a team Problem 13-7, p.
700 Problem 13-11, p. 701 CA 13-3, p. 703
CA 14-1, p. 763 CA 14-4, p. 765 CA 21-4, p.
1252 After discussing your answers, compile each
into a team response. Click the Assignment Files
tab to submit your assignment. P13-7 (LO3)
(Warranties) Alvarado Company sells a machine for
7,400 with a 12-month warranty agreement
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ACC 422 Lessons in Excellence -- acc422.com