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ACC 304 Course Great Wisdom / tutorialrank.com

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For more course tutorials visit www.tutorialrank.com ACC 304 Final Exam Part 1 (3 Sets) 1 1) Swing High Inc. offers its 100 employees to participate in an employee share-purchase plan. Under the terms of plan, employees are entitled to purchase 10 shares at 10% discount. The par values of shares were $10. Overall, 60 employees accepted the offer and each employee purchased six shares. The market price on purchase date was $100. What is the compensation expense recorded by Swing High Inc.? 2) The interest rate written in the terms of the bond indenture is known as the – PowerPoint PPT presentation

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Title: ACC 304 Course Great Wisdom / tutorialrank.com


1
ACC 304 Course Great Wisdom-tutorialrank.com
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ACC 304 Course Great Wisdom-tutorialrank.com
  • ACC 304 Final Exam Part 1 (3 Sets)
  • ACC 304 Week 1 Chapter 8 Homework
  • ACC 304 Final Exam Part 1 (3 Sets) 11) Swing
    High Inc. offers its 100 employees to participate
    in an employee share-purchase plan. Under the
    terms of plan, employees are entitled to purchase
    10 shares at 10 discount. The par values of
    shares were 10. Overall, 60 employees accepted
    the offer and each mployee purchased six shares.
  • 1) Matlock Company uses a perpetual
    inventory system. Its beginning inventory
    consists 50 units that cost 34 each. During June
    , (1) the company purchased units at 34 each,
    (2) returned 6 units for credit ,and (3) sold 125
    unit at 50 each. Journalize the June
    transactions.

3
ACC 304 Course Great Wisdom-tutorialrank.com
  • ACC 304 Week 2 Chapter 8 Quiz (All Possible
    Questions)
  • ACC 304 Week 4 Chapter 11 Homework
  • ACC 304 Week 2 Quiz Strayer NEW
  • CHAPTER 8
  • VALUATION OF INVENTORIESA COST-BASIS APPROACH
  • IFRS questions are available at the end of this
    chapter.
  • TRUE FALSEConceptual
  • ACC 304 Week 4 Chapter 11 Homework1) Lockard
    Company purchased machinery on January 1, 2014,
    for 102,960. The machinery is estimated to have
    a salvage value of 10,296 after a useful life of
    8 years.2) Compute 2014 depreciation expense
    using the double-declining-balance method.
  • .

4
ACC 304 Course Great Wisdom-tutorialrank.com
  • ACC 304 Week 5 Midterm Part 1 (Set 1)
  • ACC 304 Week 5 Midterm Part 2
  • The book value of a plant asset is
  • The asset turnover ratio is computed by dividing
  •  
  • On September 19, 2014, Markham Co. purchased
    machinery for 285,000.
  • 1) 1) A machine which cost 300,000 is
    acquired on October1, 2014. Its estimated salvage
    value is 30,000 and its expected life is eight
    years.
  • a) Calculate depreciation expense for 2014
    and 2015 by double-declining balance
  •  
  • b) Calculate depreciation expense for 2014
    and 2015 by sum-of-the-years-digits

5
ACC 304 Course Great Wisdom-tutorialrank.com
  • ACC 304 Week 6 Chapter 12 Homework
  • ACC 304 Week 7 Chapter 12 Quiz (All Possible
    Questions)
  • ACC 304 Week 6 Chapter 12 Homework
  •  
  • 1) Waters Corporation purchased Johnson
    Company 3 years ago and at that time recorded
    goodwill of 400,000. The Johnson Divisions net
    assets, including the good well, have a carrying
    amount of 800,000. The fair value of the
    division is estimated to be 1,000,000.prepare
    Waters
  • ACC 304 Week 7 Quiz Strayer NEW
  • Week 7 Quiz 4 Chapter 12
  • INTANGIBLE ASSETS
  • IFRS questions are available at the end of this
    chapter.
  • TRUE-FALSEConceptual

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ACC 304 Course Great Wisdom-tutorialrank.com
  • ACC 304 Week 7 Chapter 13 Homework
  • ACC 304 Week 8 Assignment 1 Delta Airlines
    Property, Plant, And Equipment
  • 1) Takemoto Corporation borrowed 64,850 on
    November 1, 2014, by signing a 68,450, 3-month,
    zero-interest-bearing note. Prepare Takemotos
    November 1, 2014, entry the December 31, 2014,
    annual adjusting entry and the February 1, 2015,
    entry. (If no entry is required, select "No
    Entry" for the account titles and enter 0 for the
    amounts. Credit account titles are automatically
    indented when amount is entered. Do not indent
    manually.)
  •  
  • ACC 304 WEEK 8 ASSIGNMENT 1 DELTA AIRLINES
    PROPERTY, PLANT, AND EQUIPMENT
  • Assignment 1 Delta Airlines Property, Plant, and
    Equipment
  •  
  • Due Week 8 and worth 200 points
  •  

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ACC 304 Course Great Wisdom-tutorialrank.com
  • ACC 304 Week 8 Chapter 14 Homework
  • ACC 304 Week 9 Chapter 13 and Chapter 14 Quiz
    (All Possible Questions)
  • 11) Teton Corporation issued 704,000 of 9
    bonds on November 1, 2014, for 745,018. The
    bonds were dated November 1, 2014, and mature in
    8 years, with interest payable each May 1 and
    November 1. Teton uses the effective-interest
    method with an effective rate of 8.
  •  
  • ACC 304 Week 9 Quiz Strayer NEW 
  • Week 9 Quiz 5 Chapter 13, Quiz 6 Chapter 14
  • CURRENT LIABILITIES AND CONTINGENCIES
  •  

8
ACC 304 Course Great Wisdom-tutorialrank.com
  • ACC 304 Week 9 Chapter 15 Homework
  • ACC 304 Week 10 Chapter 16 Homework
  • 1) Ravonette Corporation issued 375 shares
    of 14 par value common stock and 128 shares of
    51 par value preferred stock for a lump sum of
    17,118. The common stock has a market price of
    20 per share, and the preferred stock has a
    market price of 90 per share.
  •  
  • 1)      Archer Inc. issued 4,461,300 par value,
    7 convertible bonds at 99 for cash. If the bonds
    had not included the conversion feature, they
    would have sold for 95. 
  • Prepare the journal entry to record the issuance
    of the bonds. (Credit account titles are
    automatically indented when amount is entered. Do
    not indent

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