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For more classes visit www.snaptutorial.com ACC 291 Final Exam Study Guide Question 207 On January 1, a machine with a useful life of five years and a residual value of $40,000 was purchased for $120,000. What is the depreciation expense for year 2 under the double-declining-balance method of depreciation? – PowerPoint PPT presentation

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Title: ACC 291 Course Success is a Tradition - snaptutorial.com


1
ACC 291 Course Success is a Tradition /
snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
2
ACC 291 Course Success is a Tradition /
snaptutorial.com
ACC 291 Final Exam Guide   ACC 291 Final Exam
Study Guide Question 207 On January 1, a machine
with a useful life of five years and a residual
value of 40,000 was purchased for 120,000. What
is the depreciation expense for year 2 under the
double-declining-balance method of
depreciation? IFRS Multiple Choice Question 01 As
a recent graduate of State University you're
aware that IFRS requires component depreciation
for plant assets. A friend has asked you to
succinctly explain what component depreciation
means. Which of the following correctly describes
component depreciation?
3
ACC 291 Course Success is a Tradition /
snaptutorial.com
ACC 291 Final Exam Guide1   Question 1 An aging
of a company's accounts receivable indicates that
4,500 are estimated to be uncollectible. If
Allowance for Doubtful Accounts has a 1,200
credit balance, the adjustment to record bad
debts for the period will require a Question 2
The financial statements of the Melton
Manufacturing Company reports net sales of
300,000 and accounts receivable of 50,000 and
30,000 at the beginning of the year and end of
year, respectively. What is the average
collection period for accounts receivable in days?
4
ACC 291 Course Success is a Tradition /
snaptutorial.com
ACC 291 Week 1 Assignment Comparative Analysis
Problem   Purpose of Assignment The purpose of
this assignment is to help you understand the
basics of financial statement analysis using
financial ratios on the assets section of the
balance sheet, data interpretation, and how
ratios are used to gain insight about the
management of receivable. Assignment
Steps Resources Financial Accounting Tools for
Business Decision Making
5
ACC 291 Course Success is a Tradition /
snaptutorial.com
ACC 291 Week 1 Wileyplus Assignment E8-4, E8-11,
BYP8-1, and BYP8-2   Wiley Plus Assignment Week
1 E8-4, E8-11, BYP8-1, and BYP8-2 in MS
Excel Exercise 8-4 Wainwright Company Exercise
8-11 Fedex Corporation Broadening your
Perspective 8-1 Tootsie Roll Broadening your
Perspective 8-2 Tootsie Roll and Hershey
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ACC 291 Course Success is a Tradition /
snaptutorial.com
ACC 291 Week 2 Assignment Financial Reporting
Problem, Apple Inc   Purpose of Assignment The
purpose of this assignment is to help you
understand the basics of financial statement
analysis related to the assets section of the
balance sheet, data interpretation, and how
financial information is obtained to understand
how a company accounts for its long-lived assets.
Assignment Steps Resources Financial
Accounting Tools for Business Decision Making
7
ACC 291 Course Success is a Tradition /
snaptutorial.com
ACC 291 Week 2 Fordyce and Atwater   ACC 291 Week
2 - Fordyce and Atwater P10-5A Fordyce
Electronics issues a 400,000, 8, 10-year
mortgage note on December 31, 2007. The proceeds
from the note are to be used in financing a new
research laboratory. The terms of the note
provide for semiannualinstallment payments,
exclusive of real estate taxes and insurance, of
29,433. Payments are due June 30 and December
31. Complete the installment payments schedule
for the first 2 years. (Round answers to 0
decimal places, e.g. 125. Use rounded amounts for
future calculations.)
8
ACC 291 Course Success is a Tradition /
snaptutorial.com
ACC 291 Week 2 Wileyplus Assignment P8-3A,
BE9-11, DI9-5, E9-7, E9-8, BYP9, P9-2A   P8-3A,
BE9-11, DI9-5, E9-7, E9-8, BYP9, P9-2A. Problem
8-3A Bosworth Company Brief Exercise 9-11 Nike,
Inc. Do It! 9-5 Exercise 9-7 Wang, Co. Exercise
9-8 Cleand Company Broadening Your Perspective
9-1 Tootsie Roll
9
ACC 291 Course Success is a Tradition /
snaptutorial.com
ACC 291 Week 3 Assignment The Liabilities Section
of OBrians Balance Sheet   Purpose of
Assignment The purpose of this assignment is to
help you understand the balance sheet
presentation for the liabilities of a
company. Assignment Steps Resources Financial
Accounting Tools for Business Decision
Making Prepare the liabilities section of
OBrians balance sheet using the following
information
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ACC 291 Course Success is a Tradition /
snaptutorial.com
ACC 291 Week 3 Wileyplus Assignment P9-7A, E10-5,
E10-8, E10-13, E10-22, E10-24, BYP10, P10-9A,
P10-13A, IFRS10-4   P9-7A, E10-5, E10-8, E10-13,
E10-22, E10-24, BYP10, P10-9A, P10-13A,
IFRS10-4. Exercise 10-5 Olinger Company Exercise
10-8 Ortega Company Exercise 10-13 Romine
Company Exercise 10-22 Cole Corporation Exercise
10-24 Nance, Co. Broadening Your Perspective
10-1 Tootsie Roll
11
ACC 291 Course Success is a Tradition /
snaptutorial.com
ACC 291 WEEK 4 Stockholders Equity Section of
the Balance Sheet (Lachlin Corporation Balance
Sheet)   Purpose of Assignment The purpose of
this assignment is to help you become familiar
with examining the stockholders' equity section
of the balance sheet. Assignment Steps
Resources Financial Accounting Tools for
Business Decision Making Answer the following
questions in 1,050 words using the Lachlin
Corporation Balance Sheet (partial) below
12
ACC 291 Course Success is a Tradition /
snaptutorial.com
ACC 291 Week 4 Wileyplus Assignment Do It 11-1,
E11-5, E11-7, BYP11-1, BYP11-2, P11-5A,
P11-8A   Do It! 11-1, E11-5, E11-7, BYP11-1,
BYP11-2, P11-5A, P11-8A. Do It! 11-1 Exercise
11-5 Garcia Corporation Exercise 11-7 Pele
Company Broadening Your Perspective 11-1 Tootsie
Roll Broadening Your Perspective 11-2 Tootsie
Roll Hershey Problem 11-5A Pringle Corporation
13
ACC 291 Course Success is a Tradition /
snaptutorial.com
ACC 291 Week 5 Assignment Financial Reporting
Problem II   Purpose of Assignment The purpose
of this assignment is to expose you to the basic
process involved in the analysis of the cash flow
statement. Assignment Steps Resources Appendix
A of Financial Accounting Tools for Business
Decision Making Note This is a two part
assignment. Part 1 Answer questions A-F in
problem CT12-1 in Financial Accounting (p. 640).
Provide an 875-word analysis of your findings.
14
ACC 291 Course Success is a Tradition /
snaptutorial.com
ACC 291 Week 5 Wileyplus Assignment E7-3, E12-1,
E12-8, P12-9A, P12-10A, E13-3, E13-4, IFRS13-1,
P13-2A   E7-3, E12-1, E12-8, P12-9A, P12-10A,
E13-3, E13-4, IFRS13-1, P13-2A. Exercise
7-3 Exercise 12-1 Exercise 12-8 Problem
12-9A Problem 12-10A Exercise 13-3 Exercise 13-4
15
ACC 291 Course Success is a Tradition /
snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
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