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FOR MORE CLASSES VISIT www.acc557tutor.com Please check the details below ACC 557 Week 3 Assignment 1 Review of Accounting Ethics (2 Paper) ACC 557 Week 6 Assignment 2 You Are an Entrepreneur! (2 Paper) ACC 557 Week 10 Assignment 3 You Are an Investment Analyst (2 Papers) ACC 557 Week 1, Chapter 1 (E1-4, E1-7, E1-11, P1-2A) ACC 557 Week 2 Chapter 2 (E2-6, E2-9, E2-11, P2-2A) ACC 557 Week 2 Chapter 3 (E3-6, E3-7, E3-11, P3-2A) ACC 557 Week 3 Chapter 4 (E4-1,E4-5, E4-7, E4-13, P4-4A) – PowerPoint PPT presentation

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Title: ACC 557 TUTOR Future Our Mission/acc557tutor.com


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ACC 557 TUTOR Future Our Mission/acc557tutor.com
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ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 All Assignments, Wileyplus and Quizzes
FOR MORE CLASSES VISIT www.acc557tutor.com   Ple
ase check the details below   ACC 557 Week 3
Assignment 1 Review of Accounting Ethics (2
Paper) ACC 557 Week 6 Assignment 2 You Are an
Entrepreneur! (2 Paper) ACC 557 Week 10
Assignment 3 You Are an Investment Analyst (2
Papers) ACC 557 Week 1, Chapter 1 (E1-4, E1-7,
E1-11, P1-2A) ACC 557 Week 2 Chapter 2 (E2-6,
E2-9, E2-11, P2-2A) ACC 557 Week 2 Chapter 3
(E3-6, E3-7, E3-11, P3-2A)
3
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Midterm Part 1 FOR MORE CLASSES VISIT
www.acc557tutor.com   ACC 557 Midterm Part
1      Question 1             What is the order
in which assets are generally listed on a
classified balance sheet?                         
  Question 2             The information for
preparing a trial balance on a worksheet is
obtained from    Question 3             The most
efficient way to accomplish closing entries is
to                             
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ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 1, Chapter 1 (E1-4, E1-7, E1-11,
P1-2A) FOR MORE CLASSES VISIT www.acc557tutor.co
m   ACC 557 Week 1, Chapter 1 (E1-4, E1-7, E1-11,
P1-2A)   E1-4  The following situations involve
accounting principles and assumptions.For each
of the three situations, state if the accounting
method used is correct or incorrect. If correct,
identify which principle or assumption supports
the method used. If incorrect, identify which
principle or assumption has been
violated...........
5
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 2 Chapter 1 Quiz (all possible
questions) FOR MORE CLASSES VISIT
www.acc557tutor.com   ACC 557 Week 2 Chapter 1
Quiz (all possible questions)   This Tutorial
contains All possible Questions from this chapter
(it contains more than 200 questions set)  SOME
SAMPLE QUESTIONS ARE GIVEN BELOW OUT OF THOSE 200
QUESTIONS  1-  The United States and the
international standard-setting environment are
primarily driven by meeting the needs of tax
authorities.
6
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 2 Chapter 2 (E2-6, E2-9, E2-11,
P2-2A) FOR MORE CLASSES VISIT www.acc557tutor.co
m   ACC 557 Week 2 Chapter 2 (E2-6, E2-9, E2-11,
P2-2A)   E2-6  Elvira Industries had the
following transactions. a)      Indicate what
accounts are increased and decreased by each
transaction............ b)      Journalize each
transaction............. E2-9  Selected
transaction from the journal of Robert Mendez,
investment broker, are presented below a)     
Post transactions to T accounts............
7
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 2 Chapter 3 (E3-6, E3-7, E3-11,
P3-2A) FOR MORE CLASSES VISIT www.acc557tutor.co
m   ACC 557 Week 2 Chapter 3 (E3-6, E3-7, E3-11,
P3-2A)   E3-6  Orwell company accumulates the
following adjustment data at December 31 a)     
The type of adjustment ............ b)      The
status of accounts before adjustment............ E
3-7  The ledger of Villa Rental Agency on march
31 of the current year includes the selected
accounts, shown below, before adjusting entries
have been prepared. ............ An analysis of
the accounts shows the following.
8
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 3 Assignment 1 Review of Accounting
Ethics (2 Paper) FOR MORE CLASSES VISIT
www.acc557tutor.com   This Tutorial contains 2
Different Papers   Many organizations have been
in the news over the past few years due to
accounting ethical breaches that have affected
their customers, employees, or the general
public. Search the Internet or the Strayer
Library to locate a story in the news that
depicts an accounting ethical breach. You may
select from any type of organization about which
you have information or a curiosity. 
9
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 3 Chapter 2 and Chapter 3 Quiz (all
possible questions) FOR MORE CLASSES VISIT
www.acc557tutor.com   ACC 557 Week 3 Chapter 2
Quiz (all possible questions)   This Tutorial
contains All possible Questions from this chapter
(it contains more than 200 questions set)  SOME
SAMPLE QUESTIONS ARE GIVEN BELOW OUT OF THOSE 200
QUESTIONS  Multiple Choice Question
103 Transactions in a journal are recorded
in alphabetical order.
10
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 3 Chapter 4 (E4-1,E4-5, E4-7, E4-13,
P4-4A) FOR MORE CLASSES VISIT www.acc557tutor.co
m   ACC 557 Week 3 Chapter 4 (E4-1,E4-5, E4-7,
E4-13, P4-4A)   E4-1  The trial balance column
of the worksheet for Cajon company at June 30,
2014............ E4-5  The adjustments columns
of the worksheet for Munoz Company are shown
below. ............ a)      Prepare adjusting
entries in order presented in the problem.
............ b)      Indicate with an "X" the
financial statement column to which each balance
should be extended. ............
11
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 4 Chapter 4 Quiz (all possible
questions) FOR MORE CLASSES VISIT
www.acc557tutor.com   ACC 557 Week 4 Chapter 4
Quiz (all possible questions)  This Tutorial
contains All possible Questions from this chapter
(it contains more than 200 questions set)  SOME
SAMPLE QUESTIONS ARE GIVEN BELOW OUT OF THOSE 200
QUESTIONS  1)  A correcting entry is another name
for a closing entry. may involve any combination
of accounts.
12
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 4 Chapter 6 (E6-1,E6-10,E6-14,P6-3A)
FOR MORE CLASSES VISIT www.acc557tutor.com   ACC
557 Week 4 Chapter 6 (E6-1,E6-10,E6-14,P6-3A)   E
6-1 Premier Bank and Trust is considering giving
Alou Company a loan. Before doing so, management
decides that further discussions with Alous
accountant may be desirable. One area of
particular concern is the inventory account,
which has year-end balance of 297,000. Discuss
with accountant.. ............
13
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 5 Chapter 5 Quiz (all possible
questions) FOR MORE CLASSES VISIT
www.acc557tutor.com   ACC 557 Week 5 Chapter 5
Quiz (all possible questions)  This Tutorial
contains All possible Questions from this chapter
(it contains more than 200 questions set)   SOME
SAMPLE QUESTIONS ARE GIVEN BELOW OUT OF THOSE 200
QUESTIONS
14
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 5 Chapter 6 Quiz (all possible
questions) FOR MORE CLASSES VISIT
www.acc557tutor.com   ACC 557 Week 5 Chapter 6
Quiz (all possible questions)  This Tutorial
contains All possible Questions from this chapter
(it contains more than 200 questions set)  SOME
SAMPLE QUESTIONS ARE GIVEN BELOW OUT OF THOSE 200
QUESTIONS  1- Multiple Choice Question 54 Cost of
goods sold is determined only at the end of the
accounting period in neither a perpetual nor a
periodic inventory system.
15
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 5 Chapter 7 (E7-5 E7-7 E7-14 P7-3A)
FOR MORE CLASSES VISIT www.acc557tutor.com   ACC
557 Week 5 Chapter 7 (E7-5 E7-7 E7-14
P7-3A)   E7-5 Listed below are five procedures
followed by Parson Company. ............ Indicate
whether each procedure is an example of good
internal control or of weak internal control. If
it is an example of good internal control,
indicate which internal control principle is
being followed. If it is an example of weak
internal control, indicate which internal control
principle is violated. ............
16
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 5, Chapter 8 (E8-3, E8-5, E8-14,
P8-7A) FOR MORE CLASSES VISIT www.acc557tutor.co
m   ACC 557 Week 5, Chapter 8 (E8-3, E8-5, E8-14,
P8-7A)   E8-3 The ledger of Elburn Company at
the end of the current year shows Accounts
Receivable 110,000, Sales Revenue 840,000, and
Sales Returns and Allowances 28,000.
............ E8-5 At December 31, 2013, Crawford
Company had a balance of 15,000 in Allowance for
Doubtful Accounts. During 2014, Crawford wrote
off accounts totaling 14,100. One of those
accounts (1,800) was later
17
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 6 Assignment 2 You Are an
Entrepreneur! (2 Paper) FOR MORE CLASSES VISIT
www.acc557tutor.com   This Tutorial contains 2
Different Papers   ACC 557  WK 6 Assignment 2 -
You Are an Entrepreneur! Student life does not
generally afford a great deal of free time to
pursue your personal interests however, at one
point, you may have considered turning a personal
interest or hobby into an official enterprise.
Today, you have finally decided to turn that
hobby into a business but have realized that you
need start-up capital from a lender
18
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 6 Chapter 7 Quiz (all possible
questions) FOR MORE CLASSES VISIT
www.acc557tutor.com   ACC 557 Week 6 Chapter 7
Quiz (all possible questions)    This Tutorial
contains All possible Questions from this chapter
(it contains more than 200 questions set)   SOME
SAMPLE QUESTIONS ARE GIVEN BELOW OUT OF THOSE 200
QUESTIONS
19
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 6 Chapter 8 Quiz (all possible
questions) FOR MORE CLASSES VISIT
www.acc557tutor.com   ACC 557 Week 6 Chapter 8
Quiz (all possible questions)  This Tutorial
contains All possible Questions from this chapter
(it contains more than 200 questions set)  SOME
SAMPLE QUESTIONS ARE GIVEN BELOW OUT OF THOSE 200
QUESTIONS  1- Multiple Choice Question 107 A bank
statement is a bill from the bank for services
rendered. is a credit reference letter written by
the depositors bank.
20
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 6 Chapter 9 (E9-9, E9-11, E9-12,
P9-3A) FOR MORE CLASSES VISIT www.acc557tutor.co
m   ACC 557 Week 6 Chapter 9 (E9-9, E9-11, E9-12,
P9-3A)   E9-9 Presented below are selected
transactions at Tomas Company for
2014. Journalize all entries required on the
above dates, including entries to update
depreciation, where applicable, on assets
disposed of. Tomas Company uses straight-line
depreciation. ............ E9-11 On July 1,
2014, Sutton Inc. invested 720,000 in a mine
estimated to have 800,000 tons of ore of uniform
grade
21
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 6 Chapter 10 (E10-9, E10-12, E10-15,
P10-1A) FOR MORE CLASSES VISIT
www.acc557tutor.com   ACC 557 Week 6 Chapter 10
(E10-9, E10-12, E10-15, P10-1A)   E10-9 Global
Airlines is considering two alternatives for the
financing of a purchase of a fleet of airplanes.
These two alternatives are ............ It is
estimated that the company will earn
800,000 before interest and taxes as a result of
this purchase. The company has an estimated tax
rate of 30 and has 90,000 shares of common stock
outstanding prior to the new financing.
22
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 7 Chapter 9 and Chapter 10 Quiz (all
possible questions) FOR MORE CLASSES VISIT
www.acc557tutor.com   ACC 557 Week 7 Chapter 9
Quiz (all possible questions)  This Tutorial
contains All possible Questions from this chapter
(it contains more than 200 questions set)  SOME
SAMPLE QUESTIONS ARE GIVEN BELOW OUT OF THOSE 200
QUESTIONS  1- Multiple Choice Question 214 A
company has the following assets Buildings and
Equipment, less accumulated
23
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 7 Chapter 11 (E11-7, E11-13, E11-17,
P11-3A) FOR MORE CLASSES VISIT
www.acc557tutor.com   ACC 557 Week 7 Chapter 11
(E11-7, E11-13, E11-17, P11-3A)  E11-7 Fallow
Co. had the following transactions during the
current period. Journalize the transactions.
............ E11-13 On January 1, Chevon
Corporation had 98,000 shares of no-par common
stock issued and outstanding. The stock has a
stated value of 4 per share. During the year,
the following occurred. ............ Prepare the
entries, if any, on each of the three dividend
dates
24
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 8 Chapter 11 Quiz (all possible
questions) FOR MORE CLASSES VISIT
www.acc557tutor.com   ACC 557 Week 8 Chapter 11
Quiz (all possible questions)  This Tutorial
contains All possible Questions from this chapter
(it contains more than 200 questions set)  SOME
SAMPLE QUESTIONS ARE GIVEN BELOW OUT OF THOSE 200
QUESTIONS  1-  Multiple Choice Question
123 Ranier Company is authorized to issue 10,000
shares of 8, 100 par value preferred stock and
500,000 shares of no-par common stock with a
stated value of 1 per share.
25
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 8 Chapter 12 (E12-7, E12-8, E12-12,
P12-2A) FOR MORE CLASSES VISIT
www.acc557tutor.com   ACC 557 Week 8 Chapter 12
(E12-7, E12-8, E12-12, P12-2A)   E12-7 On
January 1, Vince Corporation purchased a 25
equity in Morelli Corporation for 180,000. At
December 31, Morelli declared and paid a 60,000
cash dividend and reported net income of
200,000. ............ a)      Journalize the
transactions. ............ b)      Determine the
amount to be reported as an investment in Morelli
stock at December 31. ............
26
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 9 Chapter 12 Quiz (all possible
questions) FOR MORE CLASSES VISIT
www.acc557tutor.com   ACC 557 Week 9 Chapter 12
Quiz (all possible questions)  This Tutorial
contains All possible Questions from this chapter
(it contains more than 200 questions set)  SOME
SAMPLE QUESTIONS ARE GIVEN BELOW OUT OF THOSE 200
QUESTIONS  1-  Multiple Choice Question 57 Eck
Corporation sells 250 shares of common stock
being held as an investment.
27
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 9 Chapter 13 (E13-3, E13-4, E13-6,
P13-3A) FOR MORE CLASSES VISIT
www.acc557tutor.com   ACC 557 Week 9 Chapter 13
(E13-3, E13-4, E13-6, P13-3A)   E13-3 Tim
Latimer Corporation had the following
transactions. For each transaction above, prepare
the journal entry. ............ E13-4 Bracewell
Company reported net income of 195,000 for 2014.
Bracewell also reported depreciation expense of
40,000 and a gain of 5,000 on disposal of plant
assets.
28
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 10 Assignment 3 You Are an
Investment Analyst (2 Papers) FOR MORE CLASSES
VISIT www.acc557tutor.com   This Tutorial
contains 2 Different Papers   ACC 557  WK 10
Assignment 3 - You Are an Investment Analyst  As
the representative from your accounting firm or
practice, you are in charge of stock market
analysis that will be presented to clients as
part of professional consultation process. One of
your high-profile clients is trying to determine
the possible investment potential between two
companies.
29
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 10 Chapter 13 Quiz (all possible
questions) FOR MORE CLASSES VISIT
www.acc557tutor.com   ACC 557 Week 10 Chapter 13
Quiz (all possible questions)  This Tutorial
contains All possible Questions from this chapter
(it contains more than 200 questions set)  SOME
SAMPLE QUESTIONS ARE GIVEN BELOW OUT OF THOSE 200
QUESTIONS  1- Multiple Choice Question 86 Which
one of the following affects cash during a
period? Payment of an accounts payable
30
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 10 Chapter 14 (E14-3, E14-4, E14-13,
P14-6A) FOR MORE CLASSES VISIT
www.acc557tutor.com   ACC 557 Week 10 Chapter 14
(E14-3, E14-4, E14-13, P14-6A)  Exercise
14-3  The comparative condensed balance sheets of
Garcia Corporation are presented below. (a)
Prepare a horizontal analysis of the balance
sheet data for Garcia Corporation using 2013 as a
base. (b) Prepare a vertical analysis of the
balance sheet data for Garcia Corporation in
columnar form for 2014 Exercise 14-4
31
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 TUTOR Future Our Mission/acc557tutor.com
ACC 557 Week 11 Chapter 14 Quiz (all possible
questions) FOR MORE CLASSES VISIT
www.acc557tutor.com   ACC 557 Week 11 Chapter 14
Quiz (all possible questions)  This Tutorial
contains All possible Questions from this chapter
(it contains more than 200 questions set)  SOME
SAMPLE QUESTIONS ARE GIVEN BELOW OUT OF THOSE 200
QUESTIONS  1-  Multiple Choice Question 79 Parker
Hardware Store had net credit sales of 8,000,000
and cost of goods sold of 5,000,000 for the
year.
32
ACC 557 TUTOR Future Our Mission/acc557tutor.com
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