ACC 537 Think Big/newtonhelp.com

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ACC 537 Think Big/newtonhelp
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ACC 537 Think Big/newtonhelp

• ACC 537 Homework Assignment (Percy Electric
  Company)
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• Attached are the T-Account, Income statement, and
  balance sheet.
• Requirements
• 1. Prepare the statement of cash flows of Percy
  Electric Company for the year ended December 31,
  2016, using the direct method to report operating
  activities.

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ACC 537 Think Big/newtonhelp

• ACC 537 Week 1 Assignment (E2-39 and P3-59A)
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•  
• E2-39
• Barbara Miracle, Certified Public Accountant,
  operates as a professional corporation (PC). The
  business completed these transactions during the
  first part of August 2016
• Aug 2 Received 10,000 cash from Miracle, and
  issued common stock to her.

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ACC 537 Think Big/newtonhelp

• ACC 537 Week 2 Assignment (Calder Company)
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•  Calder Companys inventory records for the most
  recent year contain the following data
• Beginning inventory Quantity 10,000
• Beginning inventory Unit Cost 12.00

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ACC 537 Think Big/newtonhelp

• ACC 537 Week 2 Assignment E5-22A, P6-64A
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•  LO 4 E5-22A. (Leaning Objective 4 Apply GAAP to
  uncollectible receivables) At December 31
  ,2016,before any year-end adjustment, the
  accounts receivable balance of Turf Trimmers,
  Inc.., is 350,000. The Allowance for doubtful
  accounts has an 18,700 credit balance.

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ACC 537 Think Big/newtonhelp

• ACC 537 Week 4 Apollo Corporation
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•  Apollo Corporation issued 560,000 of 7,
  12-year bonds payable on March 31, 2016. The
  market interest rate at the date of issuance was
  10, and the Apollo Corporation bonds pay
  interest semiannually. Apollo Corporation's
  year-end is March 31.

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ACC 537 Think Big/newtonhelp

• ACC 537 Week 3 Homework (UOP Pizza)
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•  UOP Pizza bought a used Chevy delivery van on
  January 2, 2016 for 22,800. The van was expected
  to remain in service for four years (48,750
  miles). At the end of its useful life, UOP
  officials estimated that the van's residual value
  would be 2,500.

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ACC 537 Think Big/newtonhelp