ACC 422 Course Future Starts / acc422dotcom

1
ACC 422 Course Future Starts / acc422.com
The Best way to predict the Future is to create
it.....To Best way....
www.acc422.com
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ACC 422 Course Future Starts / acc422.com
ACC 422 Entire Course For more course tutorials
visit www.acc422.com ACC 422 Week 1 DQ 1 ACC 422
Week 1 DQ 2 ACC 422 Week 1 DQ 3 ACC 422 Week 1
Individual Assignment Disclosure Analysis
Paper ACC 422 Week 1 Summary ACC 422 Week 2 DQ 1
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ACC 422 Course Future Starts / acc422.com
ACC 422 Final Exam Guide 1 For more course
tutorials visit www.acc422.com 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 of deposit
(180-day) 94,754 What amount should be reported
as cash? Question 2 Presented below is
information related to Rembrandt Inc.s
inventory. (per unit)
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ACC 422 Course Future Starts / acc422.com
ACC 422 Final Exam Guide 2 For more course
tutorials visit www.acc422.com 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 is
considered cash??4) If a company employs the
gross method of recording accounts receivable
from customers, then sales discounts taken should
be reported as
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ACC 422 Course Future Starts / acc422.com
ACC 422 Week 1 DQ 1 For more course tutorials
visit www.acc422.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 Course Future Starts / acc422.com
ACC 422 Week 1 DQ 2 For more course tutorials
visit www.acc422.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 Course Future Starts / acc422.com
ACC 422 Week 1 DQ 3 For more course tutorials
visit www.acc422.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 Course Future Starts / acc422.com
ACC 422 Week 1 Individual Assignment Disclosure
Analysis Paper For more course tutorials
visit www.acc422.com 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 within the notes to the financial
statements related to cash and cash equivalents,
receivables,
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ACC 422 Course Future Starts / acc422.com
ACC 422 Week 1 Summary For more course tutorials
visit www.acc422.com   Post a 150 words summary
what you have learned this week
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ACC 422 Course Future Starts / acc422.com
ACC 422 Week 2 DQ 1 For more course tutorials
visit www.acc422.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 Course Future Starts / acc422.com
ACC 422 Week 2 DQ 2 For more course tutorials
visit www.acc422.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 Course Future Starts / acc422.com
ACC 422 Week 2 DQ 3 For more course tutorials
visit www.acc422.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 Course Future Starts / acc422.com
ACC 422 Week 2 Individual Assignment E7-2,
E7-8,Q13,E8-5 And E8-14 For more course tutorials
visit www.acc422.com   Resource Intermediate
Accounting Prepare written responses to the
following assignments from the text Ch. 7
Exercises E7-2 E7-8 Ch. 8 Question 13 and
Exercises E8-5 E8-14
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ACC 422 Course Future Starts / acc422.com
ACC 422 Week 2 Learning Team Assignment From The
Text P7-10 And E8-25 For more course tutorials
visit www.acc422.com Resource Intermediate
Accounting Prepare written responses to the
following assignments from the text Ch. 7
Problem P7-10 Ch. 8 Exercise E8-25
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ACC 422 Course Future Starts / acc422.com
ACC 422 Week 2 Summary For more course tutorials
visit www.acc422.com   Post a 150 words summary
what you have learned this week
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ACC 422 Course Future Starts / acc422.com
ACC 422 Week 3 DQ 1 For more course tutorials
visit www.acc422.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 Course Future Starts / acc422.com
ACC 422 Week 3 DQ 2 For more course tutorials
visit www.acc422.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 Course Future Starts / acc422.com
ACC 422 Week 3 DQ 3 For more course tutorials
visit www.acc422.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 Course Future Starts / acc422.com
ACC 422 Week 3 Individual Assignment From the
Text E9-1,E9-12,E9-19,E10-5 And E10-12 For more
course tutorials visit www.acc422.com   Resource
Intermediate Accounting Prepare written responses
to the following assignments from the text
Ch. 9 Exercises E9-1, E9-12, E9-19
Ch. 10 Exercises E10-5 E10-12
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ACC 422 Course Future Starts / acc422.com
ACC 422 Week 3 Learning Team Assignment From The
Text P9-9 And P10-8 For more course tutorials
visit www.acc422.com   Resource Intermediate
Accounting Prepare written responses to the
following assignments from the text
Ch. 9 Problem P9-9 Ch. 10 Problem
P10-8
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ACC 422 Course Future Starts / acc422.com
ACC 422 Week 3 Summary For more course tutorials
visit www.acc422.com Post a 150 words summary
what you have learned this week
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ACC 422 Course Future Starts / acc422.com
ACC 422 Week 4 DQ 1 For more course tutorials
visit www.acc422.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 Course Future Starts / acc422.com
ACC 422 Week 4 DQ 2 For more course tutorials
visit www.acc422.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 Course Future Starts / acc422.com
ACC 422 Week 4 DQ 3 For more course tutorials
visit www.acc422.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 Course Future Starts / acc422.com
ACC 422 Week 4 Individual Assignment From The
Text E11-4,E11-11,E12-6 And E12-16 For more
course tutorials visit www.acc422.com   Resource
Intermediate Accounting Prepare written responses
to the following assignments from the text
Ch. 11 Exercises E11-4 E11-11
Ch. 12 Exercises E12-6 E12-16
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ACC 422 Course Future Starts / acc422.com
ACC 422 Week 4 Learning Team Assignment From The
Text E11-18,P11-10 And P12-3 For more course
tutorials visit www.acc422.com   Resource
Intermediate Accounting Prepare written responses
to the following assignments from the text
Ch. 11 Exercise E11-18 Problem P11-10
Ch. 12 Problem P12-3
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ACC 422 Course Future Starts / acc422.com
ACC 422 Week 5 DQ 1 For more course tutorials
visit www.acc422.com hat 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 Course Future Starts / acc422.com
ACC 422 Week 5 DQ 2 For more course tutorials
visit www.acc422.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 Course Future Starts / acc422.com
ACC 422 Week 5 DQ 3 For more course tutorials
visit www.acc422.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 Course Future Starts / acc422.com
ACC 422 Week 5 DQ 4 For more course tutorials
visit www.acc422.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 Course Future Starts / acc422.com
ACC 422 Week 5 Individual Assignment From The
Text E13-1,E13-7,E13-11 And E13-13 For more
course tutorials visit www.acc422.com Resource
Intermediate Accounting Prepare written responses
to the following assignments listed at the end of
each chapter Ch. 13 Exercises E13-1, E13-7,
E13-11, E13-13 Ch. 21 Question 3
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ACC 422 Course Future Starts / acc422.com
ACC 422 Week 5 Learning Team Assignment From The
Text P13-4,E14-21 And E21-7 For more course
tutorials visit www.acc422.com Resource
Intermediate Accounting Prepare written responses
to the following assignments from the text
Ch. 13 Problem P13-4 Ch. 14
Exercise E14-21 Ch. 21 Exercise E21-7
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ACC 422 Course Future Starts / acc422.com
ACC 422 Week 5 Learning Team Problem
Presentation For more course tutorials
visit www.acc422.com Collaborate as a team to
provide written responses to a facilitator-assigne
d 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.
Note. Each week, the facilitator assigns one
Learning Team a problem to present that the team
must complete during the succeeding Learning Team
Meeting.
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ACC 422 Course Future Starts / acc422.com
The Best way to predict the Future is to create
it.....To Best way....
www.acc422.com