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ACCT 504 Course Seek Your Dream/tutorilarank.com

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For more course tutorials visit www.tutorialrank.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. – PowerPoint PPT presentation

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Title: ACCT 504 Course Seek Your Dream/tutorilarank.com


1
ACCT 504 Course Seek Your Dream / tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com
2
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Case Study 1 (Gordon Construction) For
more course tutorials visit www.tutorialrank.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 Course Seek Your Dream / tutorialrank.com
ACCT 504 Case Study 2 (Williams Oil) For more
course tutorials visit www.tutorialrank.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 Course Seek Your Dream / tutorialrank.com
ACCT 504 Case Study 3 (Wang Appliance Store) For
more course tutorials visit www.tutorialrank.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
Statement of Cash Flows
5
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Course Project Analysis of Nike, Inc.
and Under Armour, Inc. For more course tutorials
visit www.tutorialrank.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 Course Seek Your Dream / tutorialrank.com
ACCT 504 Course Project Oracle and Microsoft
Corporation For more course tutorials
visit www.tutorialrank.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 Course Seek Your Dream / tutorialrank.com
ACCT 504 Entire Course (Includes All DQs,
Project, Case Study, Midterm, Final) For more
course tutorials visit www.tutorialrank.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
8
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Entire Course (Includes All DQs,
Project, Case Study, Midterm, Final) (DEVRY) For
more course tutorials visit www.tutorialrank.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
9
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Final Exam (3 different finals) For more
course tutorials visit www.tutorialrank.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
10
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Final Exam Guide (2 Set, New 2017) For
more course tutorials visit www.tutorialrank.com
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)
11
ACCT 504 Course Seek Your Dream / tutorialrank.com
  • ACCT 504 Final Exam (3 different finals) (DEVRY)
  • For more course tutorials visit
  • www.tutorialrank.com
  • (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

12
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Midterm Exam (4 Sets, 2017) For more
course tutorials visit www.tutorialrank.com 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.
13
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Week 1 Homework (E117A E129B E22A E123A
E124A) For more course tutorials
visit www.tutorialrank.com E 1-17A CoffeeShop
Doughnuts has current assets of 280 million
property, plant, and equipment of 430 million
and other assets totaling 170 million. Current
liabilities are 170 million and long-term
liabilities total 300 million.
14
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Week 1-7 All Discussion Questions
(DEVRY) For more course tutorials
visit www.tutorialrank.com Week 1DQ 1 -
Financial Reporting Environment and GAAP Week
1DQ 2 - Details of Financial Statements and
Ratios Week 2DQ 1 - Accounting
EquationAccounting Cycle
15
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Week 1-7 All Discussion Questions For
more course tutorials visit www.tutorialrank.com
Week 1DQ 1 - Financial Reporting Environment and
GAAP Week 1DQ 2 - Details of Financial Statements
and Ratios Week 2DQ 1 - Accounting
EquationAccounting Cycle
16
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Week 2 Homework (E2-17A, E2-18A, E3-22A,
E3-23A) For more course tutorials
visit www.tutorialrank.com 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 1. Record the
transactions in the journal of
17
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Week 3 Case Study 1 (Melvin Plumbing
Corporation) New For more course tutorials
visit www.tutorialrank.com 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,
18
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Week 3 Case Study 1 (Melvin Plumbing
Corporation) New For more course tutorials
visit www.tutorialrank.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,

19
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Week 3 Case Study 1 Flower Landscaping
Corporation For more course tutorials
visit www.tutorialrank.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.
20
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Week 3 Quiz For more course tutorials
visit www.tutorialrank.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.
21
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Week 4 Midterm Exam (New) For more
course tutorials visit www.tutorialrank.com
Question 1. Question (TCOs A, B,
and C) Which of the following statements
concerning users of accounting information is
incorrect? Student Answer
The marketing vice president is considered an
internal user. Present and prospective creditors
are considered external users. Regulatory
authorities, such as the SEC, are considered
internal users.
22
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Week 4 Midterm Exam Set 1 (DEVRY) For
more course tutorials visit www.tutorialrank.com
1. Question (TCO A, B, C) External users want
answers to all of the following questions except
Points Received 3 of 3 2. Question (TCO C)
Borrowing money is an example of a(n) Points
Received
23
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Week 4 Midterm Set 2 (DEVRY) For more
course tutorials visit www.tutorialrank.com Quest
ion (TCO A, B, C) External users want answers
to all of the following questions except Points
Received 3 of 3 2. Question (TCO C) Issuing
shares of stock in exchange for cash is an
example of a(n)
24
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Week 4 Midterm Set 3 (DEVRY) For more
course tutorials visit www.tutorialrank.com 1.
Question (TCO A, B, C) External users want
answers to all of the following questions except
Points Received 3 of 3 2. Question (TCO C)
Debt securities sold to investors that must be
repaid at a particular date some years in the
future are called Points Received
25
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Week 4 Quiz For more course tutorials
visit www.tutorialrank.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
26
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Week 5 Case Study 2 Internal Control -
LJB Company For more course tutorials
visit www.tutorialrank.com 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.
27
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Week 5 Case Study 2 Internal Control -
LJB Company (DEVRY) For more course tutorials
visit www.tutorialrank.com 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.
28
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Week 5 Course Project Draft
Spreadsheet For more course tutorials
visit www.tutorialrank.com ACCT-504 Week 5
Course Project Draft Spreadsheet
29
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Week 5 Homework (E7-15A, E7-19A, E8-20A,
E9-23A, E9-29A) For more course tutorials
visit www.tutorialrank.com E 7-15A Potvin Self
Storage purchased land, paying 175,000 cash as a
down payment and signing a 185,000 note payable
for the balance. Potvin also had to pay
delinquent property tax of 5,500, title
insurance costing 3,000, and 2,000 to level the
land and remove an unwanted building. The company
paid
30
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Week 6 Case Study 3 - Cash Budgeting -
LBJ Company For more course tutorials
visit www.tutorialrank.com 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.
31
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Week 6 Case Study 3 - Cash Budgeting -
LBJ Company (DEVRY) For more course tutorials
visit www.tutorialrank.com 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. The LBJ Company has
budgeted sales revenues as follows April May
June
32
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Week 6 Homework (E10-19A, E10-25A,
E12-16A, E12-20A) For more course tutorials
visit www.tutorialrank.com 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 Apr 23 Issued 3,000 shares of
1.00 par common stock for cash of 13.00 per
share. May 12 Received inventory with a market
value of 20,000 and equipment with market
33
ACCT 504 Course Seek Your Dream / tutorialrank.com
ACCT 504 Week 7 Course Project JCP Kohls For more
course tutorials visit www.tutorialrank.com
ACCT-504 Week 7 Course Project JCP Kohls
34
ACCT 504 Course Seek Your Dream / tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com
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