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For more course tutorials visit www.tutorialrank.com ACC 421 Week 1 Discussion Question 3 (UOP Course) – PowerPoint PPT presentation

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Title: ACC 422 Course Marvelous learning / tutorialrank.com


1
ACC 491 Course Marvelous Learning/
tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com
2
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 1 Discussion Question 3 (UOP
Course) For more course tutorials
visit www.tutorialrank.com ACC 421 Week 1
Discussion Question 3 (UOP Course)
3
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Entire Course (UOP Course) For more
course tutorials visit www.tutorialrank.com ACC
422 Week 1 DQ 1 (UOP Course) ACC 422 Week 1 DQ 2
(UOP Course) ACC 422 Week 1 DQ 3 (UOP Course)
4
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Final Exam Guide 1 For more course
tutorials visit www.tutorialrank.com 1. Kraft
Enterprises owns the following assets at December
31, 2012. Cash in banksavings account 67,516 Chec
king account balance 26,445
5
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Final Exam Guide 2 For more course
tutorials visit www.tutorialrank.com SET 2 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?
6
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Final Exam Guide 3 For more course
tutorials visit www.tutorialrank.com SET 3 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?
7
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Final Exam Guide All 3 Sets For more
course tutorials visit www.tutorialrank.com
Details of All 180 Questions Given Below SET 1
1. Kraft Enterprises owns the following assets at
December 31, 2012. Cash in banksavings account
67,516 Checking account balance 26,445 Cash on
hand 9,478 Postdated checks 753
8
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 1 DQ 1 (UOP Course) For more course
tutorials visit www.tutorialrank.com Consider how
an organization must manage cash, receivables,
and inventory. Which of the three variables is
the most important to manage?
9
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 1 DQ 1 (UOP Course) For more course
tutorials visit www.tutorialrank.com Consider how
an organization must manage cash, receivables,
and inventory. Which of the three variables is
the most important to manage?
10
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 1 DQ 2 (UOP Course) For more course
tutorials visit www.tutorialrank.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?
11
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 1 DQ 2 (UOP Course) For more course
tutorials visit www.tutorialrank.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?
12
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 1 DQ 3 (UOP Course) For more course
tutorials visit www.tutorialrank.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?
13
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 1 DQ 3 (UOP Course) For more course
tutorials visit www.tutorialrank.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?
14
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 1 Individual Assignment Disclosure
Analysis Paper (UOP Course) For more course
tutorials visit www.tutorialrank.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.
15
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 1 Individual Assignment Disclosure
Analysis Paper (2 Papers) For more course
tutorials visit www.tutorialrank.com This
Tutorial contains 2 Papers Resource
Internet Select a publicly held company to use as
the basis for this assignment.
16
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 1 Team Assignment Audited
Financial Statements (Nordstrom Inc.) For more
course tutorials visit www.tutorialrank.com Each
team is assigned a publically traded company that
they will use to answer the questions in the
Financial Scavenger Hunt assigned each week.
Team A Nordstrom Inc.
Team B Macy's Inc.
17
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 1 Wileyplus BE 7-1, BE 7-7, Ex 7-4,
Ex 7-9, Ex 7-22, Ex 7-24, CA 7-2, Pr 7-4 (with
Excel File) For more course tutorials
visit www.tutorialrank.com This Tutorial
contains Excel File which can be used to solve
for any values Complete the following assignments
in WileyPLUS Brief Exercise 7-1
Brief Exercise 7-7 Exercise 7-4
18
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 2 DQ 1 (UOP Course) For more course
tutorials visit www.tutorialrank.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?
19
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 2 DQ 1 (UOP Cours For more course
tutorials visit www.tutorialrank.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?
20
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 2 DQ 2 (UOP Course) For more course
tutorials visit www.tutorialrank.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?
21
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 2 DQ 2 (UOP Course) For more course
tutorials visit www.tutorialrank.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.
22
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 2 DQ 3 (UOP Course) For more course
tutorials visit www.tutorialrank.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?
23
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 2 DQ 3 (UOP Course) For more
course tutorials visit www.tutorialrank.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?
24
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 2 Individual Assignment E7-2,
E7-8,Q13,E8-5 And E8-14 (UOP Course) For more
course tutorials visit www.tutorialrank.com Resour
ceIntermediate Accounting Prepare written
responses to the following assignments from the
text
25
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 2 Learning Team Assignment From The
Text P7-10 And E8-25 (UOP Course) For more course
tutorials visit www.tutorialrank.com ResourceInte
rmediate Accounting Prepare written responses to
the following assignments from the text
26
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 2 Summary (UOP Course) For more
course tutorials visit www.tutorialrank.com Post
a 150 words summary what you have learned this
week
27
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 2 Wileyplus Ex 8-2, Ex 8-9, Ex 8-12,
Ex 9-2, Ex 9-7, Ex 9-17, Ex 9-18, Ex 9-20, Ex
9-22 (with Excel File) For more course tutorials
visit www.tutorialrank.com This Tutorial
contains Excel File which can be used to solve
for any values Complete the following
assignments i Exercise 8-2
28
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 3 DQ 1 (UOP Course) For more course
tutorials visit www.tutorialrank.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.
29
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 3 DQ 1 (UOP Course) For more course
tutorials visit www.tutorialrank.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.
30
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 3 DQ 2 (UOP Course) For more course
tutorials visit www.tutorialrank.com What are
the different methods used to calculate
depreciation? How does a company decide which
method it should utilize?
31
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 3 DQ 2 (UOP Course) For more
course tutorials visit www.tutorialrank.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.
32
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 3 DQ 3 (UOP Course) Here to Buy the
Tutorial http//www.tutorialrank.com/ACC/ACC-422-U
OP-Course/product-6444-acc-422-week-3-dq-3-uop-cou
rse For more course tutorials visit www.tutorialra
nk.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?
33
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 3 DQ 3 (UOP Course) For more course
tutorials visit www.tutorialrank.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?
34
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 3 DQ 4 For more course tutorials
visit www.tutorialrank.com ACC 422 Week 3 DQ 4
35
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 3 Individual Assignment From the
Text E9-1,E9-12,E9-19,E10-5 And E10-12 (UOP
Course) For more course tutorials
visit www.tutorialrank.com ResourceIntermediate
Accounting Prepare written responses to the
following assignments from the text
Ch. 9 Exorcices E9-1, E9-12, E9-19
36
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 3 Learning Team Assignment From The
Text P9-9 And P10-8 (UOP Course) For more course
tutorials visit www.tutorialrank.com ResourceInte
rmediate Accounting Prepare written responses to
the following assignments from the text
37
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 3 Summary (UOP Course) For more
course tutorials visit www.tutorialrank.com Post
a 150 words summary what you have learned this
week
38
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 4 DQ 1 (UOP Course) For more course
tutorials visit www.tutorialrank.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?
39
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 4 DQ 1 (UOP Course) For more course
tutorials visit www.tutorialrank.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?
40
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 4 DQ 2 (UOP Course) For more course
tutorials visit www.tutorialrank.com What is a
contingency? Why are contingencies important to
users of financial statements?
41
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 4 DQ 2 (UOP Course) For more course
tutorials visit www.tutorialrank.com What is a
contingency? Why are contingencies important to
users of financial statements? What are the
criteria for recording contingencies?
42
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 4 DQ 3 (UOP Course) For more course
tutorials visit www.tutorialrank.com What is a
bond? What are some features of a bond? How do
you value bonds? What factors can affect that
value?
43
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 4 DQ 3 (UOP Course) For more
course tutorials visit www.tutorialrank.com What
is a bond? What are some features of a bond? How
do you value bonds? What factors can affect that
value?
44
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 4 DQ 3 (UOP Course) For more course
tutorials visit www.tutorialrank.com What is a
bond? What are some features of a bond? How do
you value bonds? What factors can affect that
value?
45
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 4 Individual Assignment From The
Text E11-4,E11-11,E12-6 And E12-16 (UOP
Course) For more course tutorials
visit www.tutorialrank.com ResourceIntermediate
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 Prepare a response
to the following questions
46
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 4 Learning Team Assignment From The
Text E11-18,P11-10 And P12-3 (UOP Course) For
more course tutorials visit www.tutorialrank.com R
esourceIntermediate Accounting Prepare written
responses to the following assignments from the
text Ch. 11 Exercise E11-18
Problem P11-10
47
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 5 DQ 1 (UOP Course) For more course
tutorials visit www.tutorialrank.com 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? What types
of organizations provide direct-financing leases?
48
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 5 DQ 1 (UOP Course) For more course
tutorials visit www.tutorialrank.com 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?
49
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 5 DQ 2 (UOP Course) For more course
tutorials visit www.tutorialrank.com What are
the criteria for classifying a lease as operating
or capital? Why is there a difference between the
two?
50
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 5 DQ 2 (UOP Course) For more course
tutorials visit www.tutorialrank.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?
51
ACC 422 Course Marvelous learning/
tutorialrank.com
ACC 422 Week 5 DQ 3 (UOP Course) For more course
tutorials visit www.tutorialrank.com What is
residual value? What is the implication to the
lessee if the residual value is guaranteed or
unguaranteed?
52
ACC 422 Course Marvelous learning/
tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com
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