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ACC 422 Help A Clearer Path to Student Success /
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• ACC 422 Entire Course
•  
• For more classes visit
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ACC 422 Week 1 DQ 1 ACC 422 Week 1 DQ 2 ACC 422
Week 1 DQ 3
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• ACC 422 Final Exam Guide 1
•  
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Matlock Company uses a perpetual inventory
system. Its beginning inventory consists of 67
units that cost 40 each. During June, the
company purchased 202 units at 40 each, returned
8 units for credit, and sold 168 units at 67
each. Journalize the June transactions.
4
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• ACC 422 Final Exam Guide 2
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1) Which of the following is considered cash? 2)
Bank overdrafts, if material, should be 3) Which
of the following is NOT considered cash for
financial reporting purposes?
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• ACC 422 Final Exam Guide 3
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In 2006, Lucas Manufacturing signed a contract
with a supplier to purchase raw materials in 2007
for 700,000. Before the December 31, 2006
balance sheet date, the market price for these
materials dropped to 510,000. The journal entry
to record this situation at December 31, 2006
will result in a credit that should be reported
6
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• ACC 422 Final Exam Guide All 3 Sets
•  
• For more classes visit
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Matlock Company uses a perpetual inventory
system. Its beginning inventory consists of 67
units that cost 40 each. During June, the
company purchased 202 units at 40 each, returned
8 units for credit, and sold 168 units at 67
each. Journalize the June transactions.
7
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• ACC 422 Week 1 CPA Practice Exam
•  
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3. Garson Co. recorded goods in transit purchased
FOB shipping point at year-end as purchases. The
goods were excluded from the ending inventory.
What effect does the omission have on Garson's
assets and retained earnings at year end?
8
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• ACC 422 Week 1 DQ 1
•  
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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.
9
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• ACC 422 Week 1 DQ 2
•  
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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 Week 1 DQ 3
•  
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What are the different ways to estimate bad
debt? How does this affect net income? What does
Generally Accepted Accounting Principles (GAAP)
require? Why?
11
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• ACC 422 Week 1 Individual Assignment Disclosure
  Analysis Paper (2 Papers)
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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, and inventories.
Include a list identifying the components of the
organizations cash and cash equivalents.
12
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• ACC 422 Week 1 Individual Assignment Disclosure
  Analysis Paper
•  
• For more classes visit
• www.snaptutorial.com

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, and inventories.
Include a list identifying the components of the
organizations cash and cash equivalents.
13
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• ACC 422 Week 1 Individual WileyPlus Assignment
  (Exercise 7-2, 7-4, 7-8, 7-9, 7-13, 7-16, 8-3,
  8-13) 100 Score
•  
• For more classes visit
• www.snaptutorial.com

Complete the following Week 1 Assignment in
WileyPLUS Exercise 7-2 Exercise 7-4 Exercise
7-8 Exercise 7-9
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• ACC 422 Week 1 Summary
•  
• For more classes visit
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Post a 150 words summary what you have learned
this week
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• ACC 422 Week 1 Team Assignment Audited Financial
  Statements (Nordstrom Inc.)
•  
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Each team is assigned a publically traded company
that they will use to answer the questions in the
Financial Scavenger Hunt assigned each week.
16
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• ACC 422 Week 2 CPA Practice Exam
•  
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Which of the following statements are correct
when a company applying the lower of cost or
market method reports its inventory at
replacement cost?
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• ACC 422 Week 2 DQ 1
•  
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Week 2 DQ 1 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?
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• ACC 422 Week 2 DQ 2
•  
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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 Week 2 DQ 3
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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?
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• ACC 422 Week 2 Individual Assignment E7-2,
  E7-8,Q13,E8-5 And E8-14
•  
• For more classes visit
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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 Week 2 Individual WileyPlus Assignment
  (Exercise 9-3, 9-12, 9-19, 10-2, 10-23, 10-24)
• For more classes visit
• www.snaptutorial.com

Complete the following Week Two Assignment in
WileyPLUS Exercise 9-3 Exercise 9-12 Exercise
9-19 Exercise 10-2
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• ACC 422 Week 2 Learning Team Assignment From The
  Text P7-10 And E8-25
• For more classes visit
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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 Week 2 Summary
• For more classes visit
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Post a 150 words summary what you have learned
this week
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• ACC 422 Week 2 Team Assignment Textbook Problems
  (P7-1, P7-2, P8-4) 100 Score
• For more classes visit
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Prepare written responses to the following
assignments from Ch. 7 8 of Intermediate
Accounting Problem 7-1 Problem 7-2 Problem 8-4
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• ACC 422 Week 3 CPA Practice Exam
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After an impairment loss is recognized, the
adjusted carrying amount of the intangible asset
shall be its new accounting basis. Which of the
following statements about subsequent reversal of
a previously recognized impairment loss is
correct?
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• ACC 422 Week 3 DQ 1
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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.
27
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• ACC 422 Week 3 DQ 2
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What are the different methods used to calculate
depreciation? 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 Week 3 DQ 3
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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 Week 3 DQ 4
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ACC 422 Week 3 DQ 4
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ACC 422 Help A Clearer Path to Student Success/
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• ACC 422 Week 3 Individual Assignment From the
  Text E9-1,E9-12,E9-19,E10-5 And E10-12
• For more classes visit
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Resource Intermediate Accounting   Prepare
written responses to the following assignments
from the text     Ch. 9 Exorcices
E9-1, E9-12, E9-19   Ch. 10 Exercises E10-5
E10-12
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• ACC 422 Week 3 Individual WileyPlus Assignment
  Exercise 11-6, 11-9, 11-21, 12-1, 12-6, 12-8,
  12-17
• For more classes visit
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Complete the following Week Three Assignment in
WileyPLUS Exercise 11-6 Exercise 11-9 Exercise
11-21 Exercise 12-1
32
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• ACC 422 Week 3 Learning Team Assignment From The
  Text P9-9 And P10-8
• For more classes visit
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Resource Intermediate Accounting   Prepare
written responses to the following assignments
from the text Ch. 9 Problem P9-9  Ch. 10
Problem P10-8
33
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• ACC 422 Week 3 Summary
• For more classes visit
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Post a 150 words summary what you have learned
this week
34
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• ACC 422 Week 3 Team Assignment Textbook Problems
  (P9-2, P9-4, P10-3, P10-4) 100 Score
• For more classes visit
• www.snaptutorial.com

Prepare written responses to the following
assignments from Ch. 9 10 of Intermediate
Accounting Problem 9-2 Problem 9-4 Problem
10-3 Problem 10-4
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• ACC 422 Week 4 CPA Practice Exam
• For more classes visit
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On September 30, World Co. borrowed 1,000,000 on
a 9 note payable. World paid the first of four
quarterly payments of 264,200 when due on
December 30. In its December 31, balance sheet,
what amount should World report as note
payable? 1. On September 30, World Co. borrowed
1,000,000 on a 9 note payable. World paid the
first of four quarterly payments of 264,200 when
due on December 30. In its December 31, balance
sheet, what amount should World report as note
payable?
36
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• ACC 422 Week 4 DQ 1
• For more classes visit
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Week 4 DQ 1 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?
37
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• ACC 422 Week 4 DQ 2
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What is a contingency? Why are contingencies
important to users of financial statements? What
are the criteria for recording contingencies? Shou
ld companies record a liability for threatened
litigation? Explain why or why not.
38
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• ACC 422 Week 4 DQ 3
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Week 4 DQ 3 What is a bond? What are some
features of a bond? How do you value bonds? What
factors can affect that value?
39
ACC 422 Help A Clearer Path to Student Success/
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• ACC 422 Week 4 Individual Assignment From The
  Text E11-4,E11-11,E12-6 And E12-16
• For more classes visit
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Prepare written responses to the following
assignments from the text    Ch. 11
Exercises E11-4 E11-11   Ch. 12
Exercises E12-6 E12-16    
40
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• ACC 422 Week 4 Individual Wileyplus Assignment
  Exercise 13-1, 13-3, 13-5, 13-8, 13-11, 14-4,
  14-13
• For more classes visit
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Complete the following Week Four Assignment in
WileyPLUS Exercise 13-1 Exercise 13-3 Exercise
13-5 Exercise 13-8
41
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• ACC 422 Week 4 Learning Team Assignment From The
  Text E11-18,P11-10 And P12-3
• For more classes visit
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Resource Intermediate Accounting   Prepare
written responses to the following assignments
from the text  
42
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• ACC 422 Week 4 Team Assignment Financial
  Scavenger Hunt 3 (Nordstrom)
• For more classes visit
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Review the financial statements, including any
notes and supplemental information, and answer
the following questions. Indicate where you found
the answer to the questions. If calculations are
required, show your work.
43
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• ACC 422 Week 4 Team Assignment Textbook Problems
  (P11-1, P12-1) 100 Score
• For more classes visit
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Prepare written responses to the following
assignments from Ch. 11 12 of Intermediate
Accounting Problem 11-1 Problem 12-1 Click the
Assignment Files tab to submit your assignment.
44
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• ACC 422 Week 5 DQ 1
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Week 5 DQ 1 What 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?
45
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• ACC 422 Week 5 DQ 2
• For more classes visit
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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?
46
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• ACC 422 Week 5 DQ 3
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Week 5 DQ 3 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?
47
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• ACC 422 Week 5 DQ 4
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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?
48
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• ACC 422 Week 5 Individual Assignment From The
  Text E13-1,E13-7,E13-11 And E13-13
• For more classes visit
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Resource Intermediate Accounting   Prepare
written responses to the following assignments
listed at the end of each chapter   Ch.
13 Exorcices E13-1, E13-7, E13-11,
E13-13   Ch. 21 Question 3
49
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• ACC 422 Week 5 Individual WileyPlus Assignment
  Exercise 21-2, 21-4, 21-8 (Essay), 21-8, 21-13
• For more classes visit
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Complete the following Week Five Assignment in
WileyPLUS Exercise 21-2 Exercise 21-4 Exercise
21-8 (Essay)
50
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• ACC 422 Week 5 Learning Team Assignment From The
  Text P13-4,E14-21 And E21-7
• For more classes visit
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Ch. 13 Problem P13-4   Ch.
14 Exercise E14-21   Ch. 21 Exercise E21-7
51
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• ACC 422 week 5 Learning Team Problem Presentation
• For more classes visit
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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. 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.
52
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• ACC 422 Week 5 Team Assignment Textbook Problems
  (P13-10,P14-2, P21-3) 100 Score
• For more classes visit
• www.snaptutorial.com

Prepare written responses to the following
assignments from Ch. 13,14 21 of Intermediate
Accounting Problem 13-10 Problem
14-2 Problem 21-3 Click the Assignment Files
tab to submit your assignment.
53
ACC 422 Help A Clearer Path to Student Success /
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The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com