Title: ACCT 551 Inspiring Communication / snaptutorial.com
1ACCT 551 Inspiring Communication /
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2ACCT 551 Inspiring Communication /
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ACCT 551 Course Project (Notes to Financial
Statement) (2 Project) For more classes
visit www.snaptutorial.com This Tutorial
contains 2 Different Course Project ACCT 551
Course Project (Notes to Financial Statement)
3ACCT 551 Inspiring Communication /
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ACCT 551 Final Exam Set 1 For more classes
visit www.snaptutorial.com Question 1. (TCO
C) Which characteristic is not possessed by
intangible assets? Physical existence
Short-lived Result in future benefits
4ACCT 551 Inspiring Communication /
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ACCT 551 Final Exam Set 2 For more classes
visit www.snaptutorial.com Question 1. 1.
(TCO C) Which characteristic is not possessed by
intangible assets? (Points 5) Physical
existence Short-lived Result in
future benefits Expensed over current
and/or future years
5ACCT 551 Inspiring Communication /
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ACCT 551 Midterm Exam Set 1 For more classes
visit www.snaptutorial.com Question 1. 1.
(TCO C) Which characteristic is not possessed by
intangible assets? (Points 5) Physical
existence Short-lived Result in
future benefits
6ACCT 551 Inspiring Communication /
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ACCT 551 Midterm Exam Set 2 For more classes
visit www.snaptutorial.com Question 1. (TCO
C) The major problem of accounting for
intangibles is determining Question 2.
Question (TCO C) Wriglee
7ACCT 551 Inspiring Communication /
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ACCT 551 Week 1 Discussion BE12-2, BE12-3,
BE12-7, BE12-6, BE 12-12, Ex 12-15 For more
classes visit www.snaptutorial.com BE12-2
makes us learn that if any legal cost is incurred
to defend an intangible assets it should be
added to the book value of intangible asset and
depreciated over its remaining useful life. Book
Value is determined by subtracting amortization
till the date of incurring legal cost from the
purchase price.
8ACCT 551 Inspiring Communication /
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ACCT 551 Week 1 Homework E12-5, E12-16 For more
classes visit www.snaptutorial.com E12-5
(Correct Intangible Assets Account) As the
recently appointed auditor for William J. Bryan
Corporation, you have been asked to examine
selected accounts before the 6-month financial
statements of June 30, 2014, are prepared. The
controller for William J. Bryan Corporation
mentions that only one account is kept for intangi
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ACCT 551 Week 2 Homework E13-11, E13-12,
P13-9 For more classes visit www.snaptutorial.co
m E13-11 (Warranties) Sheryl Crow Equipment
Company sold 500 Rollomatics during 2014 at
6,000 each. During 2014, Crow spent 20,000
servicing the 2-year warranties that accompany
the Rollomatic. All applicable transactions are
on a cash basis.
10ACCT 551 Inspiring Communication /
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ACCT 551 Week 3 Homework P14-5, P14-6,
P14-7 For more classes visit www.snaptutorial.co
m P14-5 (Comprehensive Bond Problem) In each
of the following independent cases the company
closes its books
11ACCT 551 Inspiring Communication /
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ACCT 551 Week 4 Homework E15-2, E15-5,
E15-6 For more classes visit www.snaptutorial.co
m P14-5 (Comprehensive Bond Problem) In each
of the following independent cases the company
closes its books on December 31. P14-6
(Issuance of Bonds between Interest Dates,
Straight-Line, Redemption) Presented below are
P14-7 (Entries for Life Cycle of Bonds
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ACCT 551 Week 5 Homework E15-15, E15-16 For more
classes visit www.snaptutorial.com P14-5
(Comprehensive Bond Problem) In each of the
following independent cases the company closes
its books on December 31. P14-6 (Issuance of
Bonds between Interest Dates, Straight-Line,
Redemption) Presented below are
13ACCT 551 Inspiring Communication /
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ACCT 551 Week 6 Homework E16-6, E16-7, E16-12,
E16-22 For more classes visit www.snaptutorial.c
om E16-6 (Conversion of Bonds) On January
1, 2014, Gottlieb Corporation issued 4,000,000
of 10-year, 8 convertible debentures at 102.
Interest is to be paid semiannually on June 30
and December 31. Each 1,000 debenture can be
converted into eight shares of Gottlieb
Corporation 100 par value common stock after
December 31, 2015.
14ACCT 551 Inspiring Communication /
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ACCT 551 Week 7 Homework E17-7, E17-9,
E17-15 For more classes visit www.snaptutorial.c
om E17-7 (Trading Securities Entries) On
December 21, 2013, Bucky Katt Company provided
you with the following information regarding its
trading securities.
15ACCT 551 Inspiring Communication /
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