ACCT 504 Education Begins/newtonhelp.com - PowerPoint PPT Presentation

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ACCT 504 Education Begins/newtonhelp.com

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For more course tutorials visit www.newtonhelp.com Case Study 1 (Part A) Analyze the impact of business transactions on accounts; record (journalize and post) transactions in the books; construct and use a trial balance) During the first month of operation of Gordon Construction, Inc., completed the following transactions: June 2 Gordon received $55,000 cash and issued common stock to the stockholders. 3 Purchased supplies, $3,000, and equipment, $5,200, on account. – PowerPoint PPT presentation

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Title: ACCT 504 Education Begins/newtonhelp.com


1
ACCT 504 Education Begins/newtonhelp.com
2
ACCT 504 Education Begins/newtonhelp.com
  • ACCT 504 Case Study 1 (Gordon Construction)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Case Study 1 (Part A)
  • Analyze the impact of business transactions on
    accounts record (journalize and post)
    transactions in the books construct and use a
    trial balance) During the first month of
    operation of Gordon Construction, Inc., completed
    the following transactions
  • June

3
ACCT 504 Education Begins/newtonhelp.com
  • ACCT 504 Case Study 2 (Williams Oil)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Case study
  • (Learning Objectives 2, 4 Explain the components
    of internal control evaluate internal controls)
    Each of the following situations reveals an
    internal control weakness
  • Situation a. In evaluating the internal control
    over inventory for the Williams Oil Services
    Company, an auditor learns that the warehouse
    receiving clerk is responsible for ordering parts
    for supply inventory use in drilling services,
    counts the inventory when received at the dock,
    records the receipts into the inventory ledger,
    and takes the annual inventory, No supervisor
    reviews the receiving clerks work.

4
ACCT 504 Education Begins/newtonhelp.com
  • ACCT 504 Case Study 3 (Wang Appliance Store)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Construct and use a cash budget) Nathan Farmer,
    chief financial officer of Wang Appliance Store,
    is responsible for the company?s budgeting
    process. Farmer?s staff is preparing the Wang
    cash budget for 2014. A key input to the
    budgeting process is last year?s statement of
    cash flows, which follows (amounts in thousands)
  • Wang
    Appliance Store

5
ACCT 504 Education Begins/newtonhelp.com
  • ACCT 504 Course Project Analysis of Nike, Inc.
    and Under Armour, Inc.
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Course Project A Financial Statement Analysis
  • A Comparative Analysis of Nike, Inc. and Under
    Armour, Inc.
  • Below is the link for the financial statements
    for Nike, Inc. for the fiscal year ending 2014.
    First, select 2014using the drop-down arrow
    labeled Year, and then select Annual Filings
    using the drop-down arrow labeled All.

6
ACCT 504 Education Begins/newtonhelp.com
  • ACCT 504 Course Project Oracle and Microsoft
    Corporation
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Course Project
  • Financial Statement Analysis Project -- A
    Comparative Analysis of Oracle Corporation and
    Microsoft Corporation
  • Here is the link for the financial statements for
    Oracle Corporation for the fiscal year ending
    2007. First, select 2007 using the drop-down
    arrow labeled for Year on the right-hand side of
    the page, and then select Annual Reports using
    the drop-down arrow labeled Filing Type on the
    left-hand side of the page.

7
ACCT 504 Education Begins/newtonhelp.com
  • ACCT 504 Entire Course
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ACCT 504 Week 1-7 All Discussion Questions
  • ACCT 504 Week 3 Case Study 1 Flower Landscaping
    Corporation
  • ACCT 504 Week 4 Midterm Exam Set 1
  • ACCT 504 Week 4 Midterm Set 2

8
ACCT 504 Education Begins/newtonhelp.com
  • ACCT 504 Final Exam (3 different finals)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • 1. (TCO A) Which one of the following is an
    advantage of corporations relative to
    partnerships and sole proprietorships? (Points
    5)
  • Reduced legal liability for investors
  • Harder to transfer ownership
  • Lower taxes
  • Most common form of organization

9
ACCT 504 Education Begins/newtonhelp.com
  • ACCT 504 Final Exam Guide (2 Set, New 2018)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  
  •  
  •  
  • This Tutorial contains 2 Set of Final Exam 
  •  
  •  
  • Question 1.1. (TCO D) Please describe the purpose
    of the Income Statement and the interrelationship
    between the income statement and the other major
    financial statements that we covered in this
    class. In your answer, please also address which
    financial statements should be created before the
    Income Statement, if any, and which financial
    statements need to be completed after the Income
    Statement, if any. (Points 25)

10
ACCT 504 Education Begins/newtonhelp.com
  • ACCT 504 Midterm Exam (4 Sets, 2017)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • This Tutorial contains 4 Set of Midterm Exam
  • 1. Question (TCOs A and E) Your friend, Ellen,
    has hired you to evaluate the following internal
    control procedures.
  • Explain to your friend whether each of the
    numbered items below is an internal control
    strength or weakness. You must also state which
    internal control procedure relates to each of the
    internal controls.

11
ACCT 504 Education Begins/newtonhelp.com
  • ACCT 504 Week 1 Homework (E117A E129B E22A E123A
    E124A)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • This Tutorial contains Excel Files which can be
    used to solve for any values (your Question may
    have different company name or values, but that
    can be solved using Excel file)
  •  
  •  

12
ACCT 504 Education Begins/newtonhelp.com
  • ACCT 504 Week 1-7 All Discussion Questions
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Week 1DQ 1 - Financial Reporting Environment and
    GAAP
  • Week 1DQ 2 - Details of Financial Statements and
    Ratios
  • Week 2DQ 1 - Accounting EquationAccounting Cycle
  • Week 2DQ 2 - Accrual Accounting and Adjusting
    Entries
  • Week 3DQ 1 - Merchandising Operations and Income
    Statements

13
ACCT 504 Education Begins/newtonhelp.com
  • ACCT 504 Week 2 Homework (E2-17A, E2-18A, E3-22A,
    E3-23A)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • This Tutorial contains Excel Files which can be
    used to solve for any values (your Question may
    have different company name or values, but that
    can be solved using Excel file)
  • E2-17A
  • Dr Anna Grayson opened a medical practice
    specializing in physical therapy. During the
    first month of operation (May), the business,
    titled. Anna Grayson, Professional Corporation
    (P.C.), experienced the following events

14
ACCT 504 Education Begins/newtonhelp.com
  • ACCT 504 Week 3 Case Study 1 (Melvin Plumbing
    Corporation) New
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • MAKE SURE TO COMPLETE ALL REQUIREMENTS WHICH ARE
    LISTED BELOW.
  • There are 10 sheets in the Workbook, including
    this one.
  • All of the information that you need for the
    project is located in this Workbook.
  • Requirement 1
  • During its first month of operation, the Melvin
    Plumbing Corporation, which specializes in
    residential plumbing,

15
ACCT 504 Education Begins/newtonhelp.com
  • ACCT 504 Week 3 Case Study 1 Flower Landscaping
    Corporation
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • The Entire Case Study is due Sunday at Midnight
    Mountain time at the end of Week 3.
  • This Case Study is worth 100 points or 10 of
    your final course grade.
  • This Case Study relates to TCO's D and E and
    Chapters 3 and 4.
  • MAKE SURE TO COMPLETE ALL REQUIREMENTS WHICH ARE
    LISTED BELOW.

16
ACCT 504 Education Begins/newtonhelp.com
  • ACCT 504 Week 3 Quiz
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Q -1
  • Other comprehensive income
  • A.
  • includes extraordinary gains and losses.
  • B.
  • affects earnings per share.
  • C.
  • includes unrealized gains and losses on
    available-for-sale investments.

17
ACCT 504 Education Begins/newtonhelp.com
  • ACCT 504 Week 4 Quiz
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Q -1
  • Anderson Company had the following information in
  • 20142014.
  • Accounts receivable 12/31/14. . . . . . . . . . .
    . . . . . . . . . . . . . . . . . . . . . . . . .
    14,000
  • Allowance for uncollectible account 12/31/14
    (before adjustment). . . . . . . 850
  • Credit sales during 2014. . . . . . . . . . . . .
    . . . . . . . . . . . . . . . . . . . . . . . . .
    . . 36,000

18
ACCT 504 Education Begins/newtonhelp.com
  • ACCT 504 Week 5 Case Study 2 Internal Control LJB
    Company
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Case Study 2 - Internal Control- Due by Sunday of
    week 5
  • LJB Company, a local distributor, has asked your
    accounting firm to evaluate their system of
    internal controls because they are planning to go
    public in the future. The President wants to be
    aware of any new regulations required of his
    company if they go public so he met with a
    colleague of yours at a local restaurant. The
    President of the company explained the current
    system of internal controls to your colleague.
    Your colleague has since been promoted to a tax
    position so she has passed on the information
    below so you can generate recommendations for the
    partner at your accounting firm to share with the
    President of LJB Company.

19
ACCT 504 Education Begins/newtonhelp.com
  • ACCT 504 Week 5 Course Project Draft Spreadsheet
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ACCT-504 Week 5 Course Project Draft Spreadsheet

20
ACCT 504 Education Begins/newtonhelp.com
  • ACCT 504 Week 5 Homework (E7-15A, E7-19A, E8-20A,
    E9-23A, E9-29A)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • This Tutorial contains Excel Files which can be
    used to solve for any values (your Question may
    have different company name or values, but that
    can be solved using Excel file)

21
ACCT 504 Education Begins/newtonhelp.com
  • ACCT 504 Week 6 Case Study 3 - Cash Budgeting LBJ
    Company
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ACCT504 Case Study 3 on Cash Budgeting
  • The cash budget was covered during Week 4 when we
    covered TCO D and you read Chapter 7. There is
    also a practice case study to work on. Your
    Professor will provide the solution to the
    practice case study at the end of Week 5. This
    case study should be uploaded by 1159PM Mountain
    time of the Sunday ending Week 6 to the Week 6
    Assignment Dropbox. You are encouraged to use the
    Excel template file provided in Doc Sharing

22
ACCT 504 Education Begins/newtonhelp.com
  • ACCT 504 Week 6 Homework (E10-19A, E10-25A,
    E12-16A, E12-20A)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • This Tutorial contains Excel Files which can be
    used to solve for any values (your Question may
    have different company name or values, but that
    can be solved using Excel file)
  • E10-19A
  • Army Navy Sporting Goods is authorized to issue
    10,000 shares of common stock. During a two-month
    period, Army Navy completed these stock-issuance
    transactions

23
ACCT 504 Education Begins/newtonhelp.com
  • ACCT 504 Week 7 Course Project JCP Kohls
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ACCT-504 Week 7 Course Project JCP Kohls

24
ACCT 504 Education Begins/newtonhelp.com
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