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ACC 306 Expect Success/newtonhelp.com

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For more course tutorials visit www.newtonhelp.com ACC 306 Week 1 Assignment E13-21, E13-22, P12-1, P12-7,P12-10, P12-14, P13-6 ACC 306 Week 1 Quiz ACC 306 Week 1 DQ 1 Equity Method ACC 306 Week 1 DQ 1 Accounting Pronouncements – PowerPoint PPT presentation

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Title: ACC 306 Expect Success/newtonhelp.com


1
ACC 306 Expect Success/newtonhelp.com  
2
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Entire Course (New)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  ACC 306 Week 1 Assignment E13-21, E13-22, P12-1,
    P12-7,P12-10, P12-14, P13-6
  • ACC 306 Week 1 Quiz
  • ACC 306 Week 1 DQ 1 Equity Method

3
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 1 Assignment E13-21, E13-22, P12-1,
    P12-7,P12-10, P12-14, P13-6 (Ash Course)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  ACC 306 Week 1 Assignment E13-21, E13-22, P12-1,
    P12-7,P12-10, P12-14, P13-6

4
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 1 DQ 1 Accounting Pronouncements
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Accounting Pronouncements. The Financial
    Accounting Standards Board has issued accounting
    pronouncements that affect how accounting
    transactions should be treated. These
    pronouncements may affect all companies or just
    specific industries,

5
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 1 DQ 1 Equity Method (Ash Course)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  P 1213 -  Miller Properties - Equity method ? LO
    5 LO6
  • On January 2, 2011, Miller Properties paid 19 mil
    lion for 1 million shares of Marlon Companys 6 mi
    llion outstanding common shares. Millers CEO beca
    me a member of Marlons board of directors during 
    the first quarter of 2011.

6
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 1 DQ 2 Judgment Case 13-9 (Ash
    Course)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  ACC 306 Week 1 DQ2 Judgment Case 13-9 
  • Judgment Case 139 - Valleck Corporation - Loss co
    ntingency and full disclosure ? LO5 LO6
  • In the March 2012 meeting of Valleck Corporations
     board of directors, 

7
ACC 306 Expect Success/newtonhelp.com  
  • Acc 306 Week 1 Homework (Be 13-1, Be 13-4, E
    13-2, E 13-10, Be 13-7, P 13-8, Be14-8, Be14-12,
    E14-5, E14-19, P14-3, P14-4)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  BE 13-1
  • BE 13-4
  • E 13-2
  • E 13-10

8
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 1 Quiz (2 Set)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  QUESTION 1
  • On January 1, 2015, Watson Corp. issued 900,000
    par value, 8, three-year bonds when the market
    rate of interest was 8. Interest is payable
    semiannually each June 30 and December 31.

9
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 1 Quiz
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  Question 1  Which of the following may create
    employer liabilities in connection with their
    payrolls?
  • Question 2  Current liabilities are normally
    recorded at the amount expected to be paid rather
    than at their present value.

10
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 2 Assignment E 14-16, E 14-18, E
    15-25, P14-21, P15-3
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  ACC 306 Week 2 Assignment E 14-16, E 14-18, E
    15-25, P14-21, P15-3

11
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 2 DQ 1 Ethics Case 14-8 Hunt
    Manufacturing Debt for equity swaps
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  Ethics Case 148 - Hunt Manufacturing - Debt for
    equity swaps have your cake and eat it too ? LO5
  •  The cloudy afternoon mirrored the mood of the
    conference of division managers.

12
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 2 DQ 2 Ethics Case 15-4 Leasehold
    Improvements
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  Ethics Case 154 - American Movieplex -
    Leasehold improvements ? LO3
  •  American Movieplex, a large movie theater chain,
    leases most of its theater facilities.

13
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 2 Homework (BE 15-12, E 15-5, E
    15-19, P15-3, P15-4, BE 16-6, BE 16-12, E 16-5, P
    16-5, P 16-6)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  BE 15-12
  • E 15-5
  • E 15-19
  • P15-3

14
ACC 306 Expect Success/newtonhelp.com  
  •  
  • ACC 306 Week 2 Quiz (2 Set)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  WEEK 2 QUIZ
  • QUESTION 1
  • ITG Corporation issued 410,000 shares of 6 par
    value stock. The book value of ITG's common
    stockholders' equity is equal to 123 million.

15
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 2 Quiz
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Question 1 The method used to pay interest
    depends on whether the bonds are
  •  Question 2 Bond X and bond Y are both issued
    by the same company.

16
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 3 Assignment E 16-24, E 16-25, E
    17-10, E 17-19, P 16-7, P 17-16 (Ash Course)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  ACC 306 Week 3 Assignment E 16-24, E 16-25, E
    17-10, E 17-19, P 16-7, P 17-16

17
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 3 Ethics Case 17-6 401(k) plan
    contributions
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Ethics Case 176 - VXI International - 401(k)
    plan contributions ? LO1
  •  You are in your third year as internal auditor
    with VXI International, manufacturer of parts and
    supplies for jet air- craft.

18
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 3 Homework (BE 17-17, BE 17-22,
    E17-17, E17-21, P17-1, P17-6, BE18-5, BE18-6,
    E18-4, E18-10, P18-2, P18-6)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  BE 17-17
  •  BE 17-22
  •  E17-17
  •  E17-21
  •  

19
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 3 Integrating Case 16-5 accounting
    changes and error correction
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  Integrating Case 165 - Williams-Santana, Inc. -
    Tax effects of accounting changes and error
    correction six situations ? LO1 LO2 LO8
  •  Williams-Santana, Inc.

20
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 3 Quiz New
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • QUESTION 1
  • On January 1, 2015, Dillon Manufacturing leased
    another piece of machinery for use in its North
    American operations from Evans Bank. The
    nine-year, non-cancellable lease requires annual
    lease payments of 16,000, beginning January 1,

21
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 3 Quiz
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  Question 1 If a company's deferred tax asset
    is not reduced by a valuation allowance, the
    company believes it is more likely than not that
  •  Question 2 Which of the following statements
    typifies defined contribution plans?
  •  

22
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 4 Assignment E 18-18, E 18-24, E
    19-2, E 19-5, E 19-9, E 19-24, P 18-5 (Ash
    Course)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  ACC 306 Week 4 Assignment E 18-18, E 18-24, E
    19-2, E 19-5, E 19-9, E 19-24, P 18-5

23
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 4 Communication Case 18-10 (Ash
    Course)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  Communication Case 1810 Should the present
    two-category distinction between liabilities and
    equity be retained? Group interaction. ? LO1
  •  The current conceptual distinction between
    liabilities and equity defines liabilities
    independently of assets and equity,

24
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 4 Ethics Case 19-7 International
    Network Solutions
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  Ethics Case 197 International Network Solutions
    ? LO6
  • International Network Solutions provides products
    and services related to remote access networking.
    The company has grown rapidly during its first 10
    years of operations.

25
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 4 Homework (BE 19-3, BE 19-11, BE
    19-5, E19-6, P19-2, P19-5, BE20-5, BE20-9, E20-9,
    E 20-11, P20-1, P20-3)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  BE 19-3
  • BE 19-11
  • BE 19-5
  • E19-6

26
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 4 Quiz New
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  QUESTION 1
  • On January 1, Year 1, Sweeney Company granted an
    employee options to purchase 100 shares of
    Sweeney's common stock at 40 per share. The
    options became exercisable on December 31,

27
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 4 Quiz
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  Question 1 Which of the following will require
    a recalculation of weighted-average shares
    outstanding for all years presented?
  •  Question 2 Which of the following statements
    is true when dividends are not declared or paid
    on cumulative preferred stock?

28
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 5 Analysis Case 20-10 (Ash Course)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  Analysis Case 2010 - DRS Corporation - Various
    changes ? LO1 through LO4
  •  DRS Corporation changed the way it depreciates
    its computers from the sum-of-the-years-digits
    method to the straight-line method beginning
    January 1, 2011.

29
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 5 Assignment E 20-18, P 21-11, P
    21-14 (Ash Course)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ACC 306 Week 5 Assignment E 20-18, P 21-11, P
    21-14

30
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 5 Ethics Case 20-5 Softening the
    blow
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  Ethics Case 205 Softening the blow ? LO1 LO2
    LO3
  •  Late one Thursday afternoon, Joy Martin, a
    veteran audit manager with a regional CPA firm,
    was reviewing documents for a long-time client of
    the firm, AMT Transport.

31
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 5 Ethics Case 21-7
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  Ethics Case 217 - Ben Naegle - Wheres the
    cash? ? LO1 LO3
  •  After graduating near the top of his class, Ben
    Naegle was hired by the local office of a Big 4
    CPA firm in his hometown. Two years later,

32
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 5 Final Lease Paper (2 Papers)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  This Tutorial contains 2 Papers of this
    Assignment
  •  ACC 306 Week 5 Final Paper (Lease)
  •  What is a lease and how is it used as a
    financing vehicle? How are leases accounted for
    within the firms financial reports?

33
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 5 Homework (BE 21-7, BE 21-10, E
    21-2, E 21-2, P21-1, BE 22-6, E 22-1)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  BE 21-7
  • BE 21-10
  • E 21-2
  • E 21-2

34
ACC 306 Expect Success/newtonhelp.com  
  • ACC 306 Week 5 Quiz (2 Set)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  QUESTION 1
  • On August 31 of the current year, Harvey Co.
    decided to change from the FIFO periodic
    inventory system to the weighted-average periodic
    inventory system. Harvey uses U.S.

35
ACC 306 Expect Success/newtonhelp.com  
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