ACCT 212 Inspiring Innovation--snaptutorial.com

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ACCT 212 Inspiring Innovation--snaptutorial.com
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ACCT 212 Inspiring Innovation--snaptutorial.com
ACCT 212 Course Project (Includes both Course
project) For more classes visits www.snaptutorial
.com     This course has two course projects due.
The first, Course Project 1, reinforces the basic
principles of accounting and application of the
accounting information system. It is completed in
two parts. The second, Course Project 2, is an
opportunity to show the ability to analyze
financial statements to arrive at conclusions
based upon the analysis.     
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ACCT 212 Inspiring Innovation--snaptutorial.com
ACCT 212 Entire Course   For more classes
visits www.snaptutorial.com         ACCT 212
Course Project ACCT 212 Week 4 Midterm ACCT 212
Week 1-7 All Discussion Questions Week 1 DQ1
Financial Statements Week 2 DQ1 Prepaid Expenses
vs. Unearned Revenue Week 2DQ2 Accrual vs. Cash
Accounting Week 3DQ1 Ethical Business
Decisions     
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ACCT 212 Inspiring Innovation--snaptutorial.com
ACCT 212 Final Exam (3 Different Sets)   For more
classes visits www.snaptutorial.com     This
Tutorial contains 3 Different Sets, See Details
Below   Set 1 At the end of the period it is
necessary to close all temporary accounts. (1)
Explain why this process is required (10 points)
and (2) provide an example of the closing of an
expense account, Supplies Expense in the form of
a journal entry     
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ACCT 212 Inspiring Innovation--snaptutorial.com
ACCT 212 Week 1-7 All Discussion Questions For
more classes visits www.snaptutorial.com          
  Week 1 DQ1 Financial Statements Week 2 DQ1
Prepaid Expenses vs. Unearned Revenue Week 2DQ2
Accrual vs. Cash Accounting Week 3DQ1 Ethical
Business Decisions Week 3DQ2 Trade Credit -
Accounts Payable Week 4DQ1 Inventory
Management     
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ACCT 212 Inspiring Innovation--snaptutorial.com
ACCT 212 Week 4 Midterm (5 Sets)   For more
classes visits www.snaptutorial.com     Please
See all the Question Details below, This Tutorial
contains 5 Different Sets   Set 1 1.      (TCO 1)
The Accounting Equation is used to develop the
organizations financial reports. (1) Describe
what assets value would be if Liabilities are
12,000 and Owners' Equity is 50,000 by showing
the Accounting Equation (10 points) and (2)
provide an example of two asset accounts that
could contain the value. (10 points) (Points
20)     
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ACCT 212 Inspiring Innovation--snaptutorial.com
ACCT 212 Week 4 Midterm (Set 2) For more classes
visits www.snaptutorial.com     1. (TCO 1) Suppose
 your company sold 50,000 in merchandise to a cus
tomer for cash. How does this transaction impact t
he accounting equation? 2. (TCO 2) Suppose your co
mpany paid 12,000 in cash for a used car. How doe
s this transaction impact the accounting equation?
3. (TCO 3) Pressure is one of the components of t
he fraud triangle. What types of pressures do peop
le face that could lead to fraud? Give an example 
of how pressure could lead to fraud 4. (TCO 4) How
 does vertical analysis of financial statements di
ffer from horizontal analysis? Which method do you
 think is a better analysis tool? 1. (TCO 3) Physi
cal control is a key feature in an internal contro
l system.      
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ACCT 212 Inspiring Innovation--snaptutorial.com
ACCT 212 Week 4 Midterm (Set 3)  
For more classes visits www.snaptutorial.com
    1. (TCO 1) Suppose your company paid 12,000 i
n cash for its rent. How does this transaction imp
act the accounting equation? 2. (TCO 2) Suppose yo
ur company sold 25,000 in merchandise to a custom
er for credit. How does this transaction impact th
e accounting equation? 3. (TCO 3) Opportunity is o
ne of the components of the fraud triangle. How ca
n a company reduce opportunity as a fraud risk? Gi
ve an example of how someone could use opportunity
 to commit fraud and how the company could reduce 
this risk. 4. (TCO 4) What is horizontal analysis 
of financial statements?      
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ACCT 212 Inspiring Innovation--snaptutorial.com