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ACC 421 Experience Tradition/newtonhelp.com

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For more course tutorials visit www.newtonhelp.com 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 and the adjusting entry on December 31. – PowerPoint PPT presentation

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Title: ACC 421 Experience Tradition/newtonhelp.com


1
ACC 421 Experience Tradition/newtonhelp.com
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ACC 421 Experience Tradition/newtonhelp.com
  • ACC 421 Final Exam Guide (New) 98 Score
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • 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.

3
ACC 421 Experience Tradition/newtonhelp.com
  • ACC 421 Final Exam Guide (New)
  • For more course tutorials visit
  • www.newtonhelp.com
  • Number of Questions 30
  • Score atleast 90 easily with our EXCEL SHEET for
    any values (EVEN IF VALUES CHANGES) of below
    mentioned Question
  • Exercise 129 Prepare the necessary adjusting
    journal entries indicated by each item for the
    year ended December 31, 2017.

4
ACC 421 Experience Tradition/newtonhelp.com
  • ACC 421 Final Exam Guide
  • For more course tutorials visit
  • www.newtonhelp.com
  • 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.

5
ACC 421 Experience Tradition/newtonhelp.com
  • ACC 421 Week 1 US GAAP Versus IFRS
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Write a 1,050- to 1,400-word paper that addresses
    the following scenario and questions
  • Your aunt recently received the annual report for
    a company in which she has invested. The report
    notes that the statements have been prepared in
    accordance with generally accepted accounting
    principles. She has also heard that certain
    terms have special meanings in accounting
    relative to everyday use. She would like you to
    explain the meaning of terms she has come across
    related to accounting.

6
ACC 421 Experience Tradition/newtonhelp.com
  •  
  • ACC 421 Week 1 WileyPlus Assignment Ex 2-4, Ex
    2-6, Ex 3-5, Ex 3-9, Ex 3-13 With Excel File
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • This Tutorial contains Excel File which can be
    used to solve for any values
  • Exercise 2-4
  • Exercise 2-6
  • Exercise 3-5
  • Exercise 3-9
  • Exercise 3-13 (Part Level Submission)

7
ACC 421 Experience Tradition/newtonhelp.com
  • ACC 421 Week 2 DQs
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • 1. What are different criteria for
    recognizing revenue?
  • 2. What are the different revenue
    recognition methods? Why are there so many
    revenue recognition methods?
  • 3. Why are the methods subjective, and what
    are the implications on income statement quality?

8
ACC 421 Experience Tradition/newtonhelp.com
  • ACC 421 Week 2 Individual BE 4-2, BE 4-3, BE
    4-10, Ex 4-5, Ex 18-3, Ex 18-7, Ex 18-12
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • This Tutorial contains Excel File which can be
    used to solve for any values
  • Complete the following assignments in WileyPLUS
  • Brief Exercise 4-2
  • Brief Exercise 4-3
  • Brief Exercise 4-10

9
ACC 421 Experience Tradition/newtonhelp.com
  • ACC 421 Week 2 Individual Revenue Recognition
    standards (2 PPT)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • This Tutorial contains 2 Presentation
  • Create a 7- to 12-slide presentation.
  • Describe the new Revenue Recognition standards.
  • Project the impact of these new standards on
    financial reporting.
  • Click the Assignment Files tab to submit your
    assignment.

10
ACC 421 Experience Tradition/newtonhelp.com
  • ACC 421 Week 2 Team Coca-Cola PepsiCo Comparative
    Analysis Cases p. 72 and 145
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Complete, as a team, the Coca-Cola/PepsiCo
    Comparative Analysis Cases on p. 72 and 145. Your
    responses should be approximately one to two
    sentences for each segment (a-d, a-c).
  • Compile all team members input.
  • Click the Assignment Files tab to submit your
    assignment.
  • (a) What are the primary lines of business of
    these two companies as shown in their notes to
    the financial statements?

11
ACC 421 Experience Tradition/newtonhelp.com
  • ACC 421 Week 3 Assignment CA 4-2, Problem 18-3,
    Problem 18-2
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Complete the following individually and discuss
    your individual answers as a team
  • CA 4-2, p. 190
  • Problem 18-3, p. 1043
  • Problem 18-2, p. 1047
  • After discussing your answers, compile each into
    a team response.

12
ACC 421 Experience Tradition/newtonhelp.com
  • ACC 421 Week 3 Individual BE 5-1, Ex 5-3, Ex 5-9,
    Pr 5-2, BE 2-1, BE 24-8, Pr 24-3 (With Excel
    File)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • This Tutorial contains Excel File which can be
    used to solve for any values
  • Exercise 5-1
  • Pronghom corporation has the following accounts
    included in its December 31, 2017, trial balance
    Accounts receivable 110,600, Inventory 293,500,
    Allowance for Doubtful Accounts 9,450, Patents
    72,500, prepaid insurance 9,590, Accounts
    payable 81,200 and cash 30,200. Prepare the
    current assets section of the balance sheet.

13
ACC 421 Experience Tradition/newtonhelp.com
  • ACC 421 Week 3 Individual BE 24-1 (Essay) (with
    Excel File)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • This Tutorial contains Excel File which can be
    used to solve for any values
  • Brief Exercise 24-1 (Essay)
  • An annual report of Crestwood Industries states,
    The company subsidiaries have long-term leases
    expiring on various dates after December 31,2017.
    Amounts payables under such commitments, without
    reduction for related rental income, are expected
    to average approximately 5,711,000 annually for
    the next 3 years. Related rental income from
    certain subleases to others is estimated to
    average 3,094,000 annually for the next 3 years.

14
ACC 421 Experience Tradition/newtonhelp.com
  • ACC 421 Week 3 Individual BE 24-8 (with Excel
    File)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • This Tutorial contains Excel File which can be
    used to solve for any values
  • Brief Exercise 24-8
  • Answer each of the questions in the following
    unrelated situations
  • a) The current ratio of a company is 51 and
    its acid-test ratio is 11. If the inventories
    and prepaid items amount to 485,500, what is the
    amount of current liabilities?

15
ACC 421 Experience Tradition/newtonhelp.com
  • ACC 421 Week 3 Individual Brief Exercise 5-1
    (with Excel File)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • This Tutorial contains Excel File which can be
    used to solve for any values
  • Exercise 5-1
  • Pronghom corporation has the following accounts
    included in its December 31, 2017, trial balance
    Accounts receivable 110,600, Inventory 293,500,
    Allowance for Doubtful Accounts 9,450, Patents
    72,500, prepaid insurance 9,590, Accounts
    payable 81,200 and cash 30,200. Prepare the
    current assets section of the balance sheet.

16
ACC 421 Experience Tradition/newtonhelp.com
  • ACC 421 Week 3 Individual Exercise 5-3
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Exercise 5-3
  • For Fielder Enterprises, indicate how each of the
    following usually should be classified. If an
    item should appear in a note to the financial
    statements, select note to Financial Statement
    to indicate this fact. If an item need to be
    reported on the balance sheet, select Balance
    Sheet and if an item need not be reported at
    all, select Not to be Reported

17
ACC 421 Experience Tradition/newtonhelp.com
  • ACC 421 Week 3 Individual Exercise 5-9 (with
    Excel File)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • This Tutorial contains Excel File which can be
    used to solve for any values
  • Exercise 5-9 (Part Level Submission)
  • The current assests and current liabilities
    sections of the balance sheet of Cheyenne company
    appear as follows.
  • calculate following adjusted balances.

18
ACC 421 Experience Tradition/newtonhelp.com
  • ACC 421 Week 3 Individual Problem 5-2 (with Excel
    File)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • This Tutorial contains Excel File which can be
    used to solve for any values
  • Problem 5-2
  • Presented below are a number of balance sheet
    items for waterway, Inc., for the current year,
    2017.

19
ACC 421 Experience Tradition/newtonhelp.com
  • ACC 421 Week 3 Individual Problem 24-3 (Essay)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Problem 24-3 (Essay)
  • Bradbum Corporation was Formed 5 years age
    through a public subscription of common stock.
    Daniel Brown, who owns 15 of the common stock,
    was one of the organizers of Bradburn and is its
    current president. The company has been
    successful, but it currently is experiencing a
    shortage of funds. On june 10, 2018, Daniel Brown
    approached the Topeka National Bank, asking for a
    24-month extension on two 35,000 notes, which
    are due on June 30,2018, and September 30,2018

20
ACC 421 Experience Tradition/newtonhelp.com
  • ACC 421 Week 3 Team Assignment Comparative
    Analysis Case (Coca Cola Pepsi Co)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Complete the following deliverables as a team
  • The Coca-Cola/PepsiCo Comparative Analysis Case
    on p. 192. Your responses should be approximately
    one to two sentences for each segment (a-c).
  • (a) What type of income format(s) is used by
    these two companies? Identify any differences in
    income statement format between these two
    companies.

21
ACC 421 Experience Tradition/newtonhelp.com
  • ACC 421 Week 4 Team Coca-Cola PepsiCo Assignment
    (p.255, p.1458, CA 5-3, CA 24-12)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Complete the following deliverables as a team
  • 1. The Coca-Cola/PepsiCo Comparative Analysis
    Case on p. 255. Your responses should be
    approximately one to two sentences for each
    segment (a, b, c,e).
  • 2. The Financial Reporting Problem, The Procter
    Gamble Company on p. 1458. Your responses should
    be approximately one to two sentences for each
    segment (a, b, c,).
  • Complete the following individually and discuss
    your individual answers as a team

22
ACC 421 Experience Tradition/newtonhelp.com
  • ACC 421 Week 4 Wileyplus BE 5-12, Ex 5-13, Ex
    5-14, BE 23-1, Ex 23-14
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • This Tutorial contains Excel File which can be
    used to solve for any values
  • Complete the following assignments in WileyPLUS
  • Brief Exercise 5-12
  • Exercise 5-13
  • Exercise 5-14

23
ACC 421 Experience Tradition/newtonhelp.com
  • ACC 421 Week 5 Analyzing Amazon document
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Resources Analyzing Amazon document.
  • Write a 700- to 1,050-word paper.
  • The incredible growth of Amazon.com has put fear
    into the hearts of traditional retailers.
    Amazons stock price has soared to amazing
    levels. However, it is often pointed out in the
    financial press that it took the company several
    years to report its first profit.
  • Calculate free cash flow for Amazon for the
    current and prior years.

24
ACC 421 Experience Tradition/newtonhelp.com
  • ACC 421 Week 5 Team Coca-Cola PepsiCo (p,1394, CA
    5-5, Problem 6-12)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Complete the following deliverables as a team
  • The Coca-Cola/PepsiCo Comparative Analysis Case
    on p. 1394. Your responses should be
    approximately one to two sentences for each
    segment (a-f).
  • Complete the following individually and discuss
    your individual answers as a team
  • CA 5-5 Cash Flow Analysis, p. 254
  • Problem 6-12, p. 309
  • After discussing your answers, compile each into
    a team response.

25
ACC 421 Experience Tradition/newtonhelp.com
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