ACC 422 NERD Wonderful Education--acc422nerd.com

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ACC 422 NERD Wonderful Education--acc422nerd.com
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ACC 422 NERD Wonderful Education--acc422nerd.com
ACC 422 Final Exam Guide (New 2019, With EXCEL
FILE, Score 29 30) FOR MORE CLASSES
VISIT www.acc422nerd.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
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ACC 422 NERD Wonderful Education--acc422nerd.com
ACC 422 Final Exam Guide 1 FOR MORE CLASSES
VISIT www.acc422nerd.com   1. Kraft Enterprises
owns the following assets at December 31, 2012.
Cash in banksavings account 67,516 Checking
account balance 26,445 Cash on hand 9,478 Postdate
d checks 753 Cash refund due from
IRS 40,324 Certificates of deposit
(180-day) 94,754 What amount should
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ACC 422 NERD Wonderful Education--acc422nerd.com
ACC 422 Final Exam Guide 2 FOR MORE CLASSES
VISIT www.acc422nerd.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
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ACC 422 NERD Wonderful Education--acc422nerd.com
ACC 422 Final Exam Guide 3 FOR MORE CLASSES
VISIT www.acc422nerd.com   SET 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
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ACC 422 NERD Wonderful Education--acc422nerd.com
ACC 422 Final Exam Guide All 3 Sets FOR MORE
CLASSES VISIT www.acc422nerd.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
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ACC 422 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 1 DQ 1 FOR MORE CLASSES
VISIT www.acc422nerd.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 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 1 DQ 2 FOR MORE CLASSES
VISIT www.acc422nerd.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 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 1 DQ 3 FOR MORE CLASSES
VISIT www.acc422nerd.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 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 1 Individual Assignment Disclosure
Analysis Paper (2 Papers) FOR MORE CLASSES
VISIT www.acc422nerd.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
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ACC 422 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 1 Team Assignment Audited Financial
Statements (Nordstrom Inc.) FOR MORE CLASSES
VISIT www.acc422nerd.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
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ACC 422 NERD Wonderful Education--acc422nerd.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 CLASSES VISIT www.acc422ner
d.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)
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ACC 422 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 2 DQ 1 FOR MORE CLASSES
VISIT www.acc422nerd.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 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 2 DQ 2 FOR MORE CLASSES
VISIT www.acc422nerd.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 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 2 DQ 3 FOR MORE CLASSES
VISIT www.acc422nerd.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 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 2 Learning Team Assignment (New
Syllabus) FOR MORE CLASSES VISIT www.acc422nerd.
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.
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ACC 422 NERD Wonderful Education--acc422nerd.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 CLASSES
VISIT www.acc422nerd.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
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ACC 422 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 3 DQ 1 FOR MORE CLASSES
VISIT www.acc422nerd.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 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 3 DQ 2 FOR MORE CLASSES
VISIT www.acc422nerd.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 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 3 DQ 3 FOR MORE CLASSES
VISIT www.acc422nerd.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 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 3 Team Assignment (Case 3, CA 8-10,
Problem 9-3, Problem 9-13) FOR MORE CLASSES
VISIT www.acc422nerd.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.
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ACC 422 NERD Wonderful Education--acc422nerd.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
CLASSES VISIT www.acc422nerd.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)
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ACC 422 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 4 DQ 1 FOR MORE CLASSES
VISIT www.acc422nerd.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? What is the implication of
misclassifying a liability as current or
long-term?
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ACC 422 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 4 DQ 2 FOR MORE CLASSES
VISIT www.acc422nerd.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 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 4 DQ 3 FOR MORE CLASSES
VISIT www.acc422nerd.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 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 4 Team Assignment Financial
Scavenger Hunt 3 FOR MORE CLASSES
VISIT www.acc422nerd.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. How
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ACC 422 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 4 Team Assignment Problem 10-4,
Problem 10-6, CA 11-5, Problem 12-2 FOR MORE
CLASSES VISIT www.acc422nerd.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
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ACC 422 NERD Wonderful Education--acc422nerd.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 CLASSES
VISIT www.acc422nerd.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 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 5 DQ 1 FOR MORE CLASSES
VISIT www.acc422nerd.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 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 5 DQ 2 FOR MORE CLASSES
VISIT www.acc422nerd.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 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 5 DQ 3 FOR MORE CLASSES
VISIT www.acc422nerd.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 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 5 DQ 4 FOR MORE CLASSES
VISIT www.acc422nerd.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 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 5 Learning Team Problem
Presentation FOR MORE CLASSES
VISIT www.acc422nerd.com   Collaborate as a team
to provide written responses to a
facilitator-assigned 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.
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ACC 422 NERD Wonderful Education--acc422nerd.com
ACC 422 Week 5 Signature Assignment Presentation
(Procter and Gamble) FOR MORE CLASSES
VISIT www.acc422nerd.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
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ACC 422 NERD Wonderful Education--acc422nerd.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 CLASSES VISIT www.acc422nerd.com   Complete
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
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ACC 422 NERD Wonderful Education--acc422nerd.com