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FOR MORE CLASSES VISIT www.acc421genius.com ACC 421 Final Exam Guide (New) 98% Score ACC 421 Final Exam Guide ACC 421 Week 1 Individual Wileyplus Assignment E2-4, E2-6, E2-7, E3-1, E3-8 ACC 421 Week 2 Individual Wileyplus Assignment BE4-2, BE4-4, BE4-9, BE18-2, BE18-5, BE18-6 ACC 421 Week 2 Team Assignment CA1-3, CA 1-14, E3-14, P3-11 ACC 421 Week 3 Individual Wileyplus Assignment – PowerPoint PPT presentation

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Title: ACC 421 GENIUS Your world-acc421genius.com


1
ACC 421 GENIUS Your world-acc421genius.com
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2
ACC 421 Entire Course Final Guide
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  • ACC 421 Final Exam Guide (New) 98 Score ACC 421
    Final Exam Guide ACC 421 Week 1 Individual
    Wileyplus Assignment E2-4, E2-6, E2-7, E3-1, E3-8
    ACC 421 Week 2 Individual Wileyplus Assignment
    BE4-2, BE4-4, BE4-9, BE18-2, BE18-5, BE18-6 ACC
    421 Week 2 Team Assignment CA1-3, CA 1-14, E3-14,
    P3-11 ACC 421 Week 3 Individual Wileyplus

3
ACC 421 Final Exam Guide (New)
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  • Scroll Down to See Details of the Questions
    Transactions for Mehta Company for the month of
    May are presented below. Prepare journal entries
    for each of these transactions. On July 1, 2014,
    Crowe Co. pays 15,000 to Zubin Insurance Co. for
    a 3-year insurance policy. Both companies have
    fiscal years ending December 31. For Crowe Co.,
    journalize the entry on July 1

4
ACC 421 Final Exam Guide
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  • Question 1 Transactions for Mehta Company for the
    month of May are presented below. May 1 B.D.
    Mehta invests 3,054 cash in exchange for common
    stock of Mehta Company, a small welding
    corporation. 3 Buys equipment on account for
    1,547. Question 2 On July 1, 2012, Crowe Co.
    pays 19,796 to Zubin Insurance Co. for a 3-year
    insurance contract. Both companies have fiscal
    years ending December 31. For Crowe Co.

5
ACC 421 Week 1 CPA Practice
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  • ACC 421 Week 1 CPA Practice 1. According to the
    FASB conceptual framework, the quality of
    information that helps users increase the
    likelihood of correctly forecasting the outcome
    of past or present events is called 2. Under the
    accrual method, what amount of income before
    taxes should Class report in its December 31,
    2002, Income Statement?

6
ACC 421 Week 1 Individual Assignment Accounting
Cycle Paper (2 Paper)
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  • This Tutorial contains 2 Papers Write a 700-
    1,050-word paper including the following The
    assignment contains two parts first is to
    describe the accounting cycle according to the
    text or other authoritative source--to say what
    you know the accounting cycle is composed of. The
    second part is to recognize the accounting

7
ACC 421 Week 1 Individual Wileyplus Assignment
E2-4, E2-6, E2-7, E3-1, E3-8
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  • Complete the following Week One Assignment in
    WileyPLUS Exercise 2-4 Exercise 2-6
    Exercise 2-7 Exercise 3-1 Exercise 3-8

8
ACC 421 Week 2 Individual Wileyplus Assignment
BE4-2, BE4-4, BE4-9, BE18-2, BE18-5, BE18-6
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  • Complete the following Week 2 Assignment in
    WileyPLUS Brief Exercise 4-2 Brief Exercise
    4-4 Brief Exercise 4-9 Brief Exercise 18-2
    Brief Exercise 18-5 Brief Exercise 18-6

9
ACC 421 Week 2 Team Assignment CA1-3, CA 1-14,
E3-14, P3-11
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  • CA1-3 (Financial Reporting and Accounting
    Standards) Answer the following multiple-choice
    questions. (All answers are in bold type.) 1.
    GAAP stands for 2. Accounting standard-setters
    use the following process in establishing
    accounting standards 3. GAAP is comprised of 4.
    The authoritative status of the conceptual
    framework is as follows.

10
ACC 421 Week 3 CPA Practice
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  • ACC 421 Week 3 CPA Practice 1 Question 1
    Financial statements shall include disclosures of
    material transactions between related parties
    except Question 2 An enterprise must separately
    report information about an operating segment
    when the segments revenue meets what minimum
    percentage of the combined revenue of the
    reported operating segments? Question 3 Harper
    Co. incurred an apparently permanent inventory
    loss from market decline of 840,000 during

11
ACC 421 Week 3 Individual Wileyplus Assignment
BE5-2, BE5-6, E5-1, E5-4, E5-7, E5-12, E24-2,
E24-3, E24-4
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  • Complete the following Week Three Assignment in
    WileyPLUS Brief Exercise 5-2 Brief Exercise
    5-6 Exercise 5-1 Exercise 5-4 Exercise 5-7
    Exercise 5-12 Exercise 24-2 Exercise 24-3
    Exercise 24-4

12
ACC 421 Week 3 Team Assignment P4-4, P18-2, P18-8
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  • P4-4 (Multiple- and Single-Step Income, Retained
    Earnings) The following account balances were
    included in the trial balance of Twain
    Corporation at June 30, 2014. Using the
    multiple-step form, prepare an income statement
    and a retained earnings statement for the year
    ended June 30, 2014. Using the single-step form,
    prepare an income statement and a retained
    earnings statement for the year ended June 30,
    2014.

13
ACC 421 Week 4 CPA Practice
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  • ACC 421 Week 4 CPA Practice 1. What was New
    England's cash balance at the end of the year? 2.
    2-In Trey's December 31, 2005 Balance Sheet, what
    amount should be reported as total current
    assets? 3. Noncash financing and investing
    activity reported in a separate schedule. 4.
    4-Which of the following transactions is included
    in the operating activities section of a cash
    flow statement prepared using the indirect
    method?

14
ACC 421 Week 4 Individual Assignment Full
Disclosure Paper (2 Paper)
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  • This Tutorial contains 2 Different Papers
    Disclosure Paper contains Intermediate Financial
    Accounting I Individual Full Disclosure Paper
    Resource Intermediate Accounting Write a
    700-word paper addressing the following Answer
    Question 2 in Ch. 24. Explain the need for full
    disclosure in financial reporting. Identify
    possible consequences of failing to properly
    disclose

15
ACC 421 Week 4 Individual WileyPLUS E5-13,
E5-16, E23-2, E23-11, E23-12
  • CheckPoint Findwhat.com Case
  •  
  • ResourcesCh. 5 of Understanding Financial
    Statements, and Exhibit 5.1 A Checklist for
    Earnings Quality on p. 153 (Ch. 5)
  • Compose a 200- to 300-word response to the
    Findwhat.com Case on p. 188 (Ch. 5).
  • Refer to the checklist, Exhibit 1, on p. 153 (Ch.
    5) for assistance with identifying quality
    issues.
  •  

16
ACC 421 Week 4 Team Assignment P5-3, CA24-2,
P24-2, P24-3
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  • P5-3 (Balance Sheet Adjustment and Preparation)
    The adjusted trial balance of Eastwood Company
    andother related information for the year 2014
    are presented as follows. Additional information
    1. The LIFO method of inventory value is used. 2.
    The cost and fair value of the long-term
    investments that consist of stocks and bonds is
    the same. 3. The amount of the

17
ACC 421 Week 5 CPA Practice
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  • ACC 421 Week 5 CPA Practice Question 1 In its
    December 31, 2005, balance sheet, what amount
    should Chang report as note receivable? Question
    2 On Bart's December 31, 2005 balance sheet, the
    note payable to Fell was Question 3 Which of the
    following transactions would require the use of
    the present value of an annuity due concept in
    order to calculate the present value of the asset
    obtained or liability owed at the date of
    incurrence?

18
ACC 421 WEEK 5 INDIVIDUAL ASSIGNMENT STATEMENT
OF CASH FLOWS PAPER (2 Papers)
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  • This Tutorial contains 2 Different Papers
    Statement of Cash Flows Paper Write a 700-word
    paper in which you address the following Answer
    Question 1 in Ch. 23 of Intermediate Accounting.
    Explain why statements of cash flows are
    important when assessing the financial strength
    of an organization.

19
ACC 421 Week 5 Individual WileyPLUS E6-1, E6-2,
E6-8, P6-2
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  • Complete the following Week Five Assignment in
    WileyPLUS Exercise 6-1 Exercise 6-2
    Exercise 6-8 Problem 6-2

20
ACC 421 Week 5 Team Assignment P6-7, P5-7,
P23-7, P23-8
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  • P6-7 (Time Value Concepts Applied to Solve
    Business Problems) Answer the following questions
    related to Dubois Inc. (a) Dubois Inc. has
    600,000 to invest. The company is trying to
    decide between two alternative uses ofthe funds.
    One alternative provides 80,000 at the end of
    each year for 12 years (b) Dubois Inc. has
    completed the purchase of new Dell computers. The
    fair value of the equipment is824,150. The
    purchase agreement specifies an immediate down
    payment of 200,000 (c) Dubois Inc. loans money
    to John Kruk Corporation in the amount of
    800,000.

21
ACC 421 GENIUS Your world-acc421genius.com
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