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For more classes visit www.snaptutorial.com Question 1 The best definition of assets is the collections of resources belonging to the company and the claims on these resources. cash owned by the company. – PowerPoint PPT presentation

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Title: ACC 290 Education Redefined - snaptutorial.com


1
ACC 290 Education Redefined - snaptutorial.com
2
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Final Exam Guide (New, 2019, 100 Score)
For more classes visit www.snaptutorial.com   Que
stion 1   The best definition of assets is the
3
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 1 Apply Connect Exercise For
more classes visit www.snaptutorial.com     ACC
290 Week 1 Apply Connect Exercise   Review the
Knowledge Check in preparation for this
assignment.  
4
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 1 Assignment Preparing an Income
Statement Retained Earnings Statement and Balance
Sheet For more classes visit www.snaptutorial.co
m   Purpose of Assignment The purpose of this
assignment is to help students become familiar
with the presentation of the income statement and
the retained earnings statement, including how
parts of the
5
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 1 Discussion Question 1   For more
classes visit www.snaptutorial.com   ACC 290 Week
One - DQ 1 What are the four basic financial
statements? What is the primary purpose of each
of the four basic financial statements? In your
opinion, which financial statement is the most
6
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 1 Discussion Question 2   For more
classes visit www.snaptutorial.com   What are
debits and credits? How are debits and credits
used to record business transactions? Why do
accountants debit asset accounts to increase them
but credit liability
7
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 1 Individual Assignment Financial
Statements Paper For more classes
visit www.snaptutorial.com   Individual -
Financial Statements Paper - Prepare a 700 -1,050
word paper in which you identify the four basic
financial statements. Describe the purpose of
each of the four
8
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 1 Practice Connect Knowledge
Check For more classes visit www.snaptutorial.co
m     ACC 290 Week 1 Practice Connect Knowledg
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ACC 290 Education Redefined - snaptutorial.com
  ACC 290 Week 1 Practice Quiz For more classes
visit www.snaptutorial.com   Question
1                Current assets are expected to
be converted to
10
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 1 Vocabulary Activity For more
classes visit www.snaptutorial.com   WileyPLUS
Assignment Week 1 Vocabulary Activity Resource
WileyPLUS
11
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 1 WileyPlus Assignment DI1-3,
E1-3,E1-4, E2-4, IFRS2-4 For more classes
visit www.snaptutorial.com   WileyPLUS
Assignment Week 1 Assignment Resource WileyPLUS
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ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 2 Apply Connect Exercise For
more classes visit www.snaptutorial.com     ACC
290 Week 2 Apply Connect Exercise
13
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 2 Chapter 1,2,3 Orion WileyPlus
Proficiency and Practice Quiz For more classes
visit www.snaptutorial.com   ACC 290 Chapter 1
Orion WileyPlus Build your Proficiency     Q
1.1  What is the primary purpose of the
statement of cash flows?   
14
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 2 Charter for Collaborative Learning
Activities For more classes visit www.snaptutori
al.com   Resources Week 2 Learning Team
Collaborative Discussion and the Learning Team
Charter for Collaborative Learning
Activities Write a 150- to 200-word individual
response to the following
15
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 2 Discussion Question 1 For more
classes visit www.snaptutorial.com   What is the
revenue recognition principle? What is the
expense recognition principle? Why are they
important to financial reporting?
16
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 2 Discussion Question 2 For more
classes visit www.snaptutorial.com   What
accounts are subject to adjusting journal entries
and why?
17
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 2 E3-1 (New) For more classes
visit www.snaptutorial.com   The balance sheet
makes sure that the finances are in balance.
Below is a list of Thyme Advertising Company,
Inc. transactions. Each of these is affected
differently.
18
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 2 LT Reflection Summary (New) For
more classes visit www.snaptutorial.com   Discuss
the objectives for ACC 290 Week Two.   What do
you think will be the most important of the
skills learned when you are in an accounting
position?
19
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 2 LT Reflection Summary For more
classes visit www.snaptutorial.com   Discuss the
objectives for ACC 290 Week Two.
20
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 2 Practice Connect Knowledge
Check For more classes visit www.snaptutorial.co
m     ACC 290 Week 2 Practice Connect Knowledge
Check Complete the Week 2 Knowledge Check in
Connect.
21
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 2 Practice Quiz For more classes
visit www.snaptutorial.com   Question 1 Expenses
decrease retained earnings. Question 2 During
2014, Gibson Company assets decreased 50,000 and
its liabilitie
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ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 2 Vocabulary Activity For more
classes visit www.snaptutorial.com   WileyPLUS
Assignment Week 2 Vocabulary Activity   Resource
WileyPLUS   Complete the following Week 2
Assignment in WileyPLUS
23
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 2 WileyPlus Assignment BYP2-2,
IFRS2-6, E3-4, E3-8, BYP 3-2, IFRS 3-2, P3-5,
P3-6 For more classes visit www.snaptutorial.com
    WileyPLUS Assignment Week 2 Assignment
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ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 3 Apply Connect Exercise For
more classes visit www.snaptutorial.com     ACC
290 Week 3 Apply Connect Exercise   Review the
Knowledge Check in preparation for this
assignment.
25
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 3 Chapter 4,5 Orion WileyPlus
Proficiency and Practice Quiz For more classes
visit www.snaptutorial.com     ACC 290 Week 3
Chapter 4,5 Orion WileyPlus Proficiency and
Practice Quiz ACC 290 Chapter 4 Orion WileyPlus
Build your Proficiency
26
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 3 Discussion Question 1 For more
classes visit www.snaptutorial.com   What are the
steps in completing the accounting cycle? How do
the different steps affect the financial
statements? What is the effect on the financial
statements of missing a step
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ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 3 Discussion Question 2 For more
classes visit www.snaptutorial.com   What are the
pros and cons of using reversing entries? Why are
reversing entries optional? What is the main
purpose of a financial statement worksheet and
its benefits? How has automation aided the
preparation, accuracy, and use of the financial
statement worksheet?
28
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 3 Practice Connect Knowledge
Check For more classes visit www.snaptutorial.co
m     ACC 290 Week 3 Practice Connect Knowledge
Check  
29
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 3 Practice Quiz For more classes
visit www.snaptutorial.com     Question 1 The
revenue recognition principle dictates that
revenue is recognized in the period in which the
cash is received. Question 2
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ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 3 Problem 5-5A (Simon Company) For
more classes visit www.snaptutorial.com     Purpos
e of Assignment The purpose of this assignment
is to help you become familiar with the parts of
the multiple-step income statement.
31
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 3 Vocabulary Activity For more
classes visit www.snaptutorial.com     WileyPLUS
Assignment Week 3 Practice Quiz
32
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 3 WileyPlus Assignment BE4-1, P4-2A,
P4-3A, BYP4-1, IFRS PQ-1, PQ-2, PQ-3, PQ-4 For
more classes visit www.snaptutorial.com     Assign
ment Week 3 Assignment Complete the following
Week 3 Assignment Brief Exercise 4-1
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ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 4 Apply Connect Exercise For
more classes visit www.snaptutorial.com     ACC
290 Week 4 Apply Connect Exercise   Review the
Knowledge Check in preparation for this
assignment.
34
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 4 Chapter 6 Orion WileyPlus
Proficiency and Practice Quiz For more classes
visit www.snaptutorial.com     ACC 290 Chapter 6
Orion WileyPlus Build your Proficiency
35
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 4 Discussion Question 1 For more
classes visit www.snaptutorial.com     How would
you calculate cost of goods sold? What items make
up cost of goods sold? How does beginning and
ending inventory affect cost of goods sold? What
are the journal entries a merchandising
organization would use to record the purchase and
subsequent sale of merchandise? How would these
transactions differ with a periodic versus a
perpetual
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ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 4 Discussion Question 2 For more
classes visit www.snaptutorial.com     What are
the three different inventory cost flow
assumptions commonly used in commerce today and
allowed by generally accepted accounting
principles? How does a company determine what
cost flow assumption they should use? How does
first in, first out cost flow assumption work?
When it is most appropriate to use? How does last
in, first out cost
37
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 4 Evaluate The Inventory Section Of
Two companies Using Basic Comparative Analysis
For more classes visit www.snaptutorial.com   The
purpose of this assignment is to evaluate the
inventory section of two companies using basic
comparative analysis, and to interpret the data
to gain insight about the
38
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 4 Practice Connect Knowledge
Check For more classes visit www.snaptutorial.co
m     ACC 290 Week 4 Practice Connect Knowledge
Chec
39
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 4 Practice Quiz For more classes
visit www.snaptutorial.com     Question 1 A
service company's operating cycle is ordinarily
shorter than that of a merchandising company. The
operating cycle of a merchandising company is
ordinarily shorter than that of a service company.
40
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 4 Vocabulary Activity For more
classes visit www.snaptutorial.com     WileyPLUS
Assignment Week 4 Vocabulary Activity Resource
WileyPLUS
41
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 4 Wileyplus Assignment P4-8A,
BYP5-1, BYP5-2, BE5-1, BE5-2, IFRS5-2, IFRS5-4,
PQ-1, PQ-2, PQ-3 For more classes
visit www.snaptutorial.com   Week 4
Assignment Complete the following Week 4
Assignment in Problem 4-8A
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ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 4Evaluate The Inventory Section Of
Two companies Using Basic Comparative Analysis
For more classes visit www.snaptutorial.com     T
he purpose of this assignment is to evaluate the
inventory section of two companies using basic
comparative analysis, and to interpret the data
to gain insight about the
43
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 5 Apply Connect Exercise For
more classes visit www.snaptutorial.com     ACC
290 Week 5 Apply Connect Exercise   Review the
Knowledge Check in preparation for this
assignment.
44
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 5 Discussion Question 1 For more
classes visit www.snaptutorial.com     What is
the control environment? How does the control
environment affect a companys internal controls?
What are the negative and positive elements of a
control environment?
45
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 5 IFRS Paper For more classes
visit www.snaptutorial.com     IFRS 2-1 In what
ways does the format of a statement of financial
of position under IFRS often differ from a
balance sheet presented under GAAP? IFRS 2-2 Do
the IFRS and GAAP conceptual frameworks differ in
terms o
46
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 5 Learning Team Reflection Summary
For more classes visit www.snaptutorial.com   Ref
lection and Financial Reporting Problem Part
II. Discuss the objectives for ACC 290 Week
Four.  In
47
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 5 Practice Connect Knowledge
Check For more classes visit www.snaptutorial.co
m     ACC 290 Week 5 Practice Connect Knowledge
Check  
48
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 5 Preparing Comprehensive Bank
Reconciliation (Daisey Company) For more
classes visit www.snaptutorial.com     Purpose of
Assignment Reconciling bank accounts is a good
way to help maintain internal controls over cash.
With time lags and posting errors it is easy for
cash transactions to be omitted, recorded in a
49
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 5 WileyPlus Assignment BE6-5, BE6-7,
BYP6-1, BYP6-2, BE7-4, BE7-6, IFRS PQ-1, PFRS
PQ-2 For more classes visit www.snaptutorial.com
    Assignment Week 5 Assignment Complete the
following Week 5 Assignment IFRS Practice
Question 1
50
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 3/4 Learning Team Financial
Reporting Problem, Part 1 (2 Different
Papers) For more classes visit www.snaptutoria
l.com     Financial Reporting Problem Part
I Browse the Internet to acquire a copy of the
most recent annual report for a publicly traded
company. Analyze the information contained in the
companys balance sheet and
51
ACC 290 Education Redefined - snaptutorial.com
ACC 290 Week 3/4 Learning Team Financial
Reporting Problem, Part 1 (2 Different
Papers) For more classes visit www.snaptutoria
l.com     Financial Reporting Problem Part
I Browse the Internet to acquire a copy of the
most recent annual report for a publicly traded
company. Analyze the information contained in the
companys balance sheet and
52
ACC 290 Education Redefined - snaptutorial.com
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