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How would you describe the entries to record the disposition of accounts receivables? <br><br>What is their function?<br>
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ACC 291 customized help • How would you describe the entries to record the disposition of accounts receivables? • What is their function?
ACC 291 Final Exam Guide (New) • Question 1 An aging of a company's accounts receivable indicates that $4,500 are estimated to be uncollectible. If Allowance for Doubtful Accounts has a $1,200 credit balance, the adjustment to record bad debts for the period will require a • Question 2 The financial statements of the Melton Manufacturing Company reports net sales of $300,000 and accounts receivable of $50,000 and $30,000 at the beginning of the year and end of year, respectively. What is the average collection period for accounts receivable in days? • Question 3 Stine Company purchased machinery with a list price of $64,000. They were
ACC 291 Final Exam Guide • we have another New set of Final Exam Guide which could be found on this link • http://www.acc291guide.com/ACC-291-Final-Exam-Guide • 1)Hahn Company uses the percentage of sales method for recording bad debts expense. For the year, cash sales are $300,000 and credit sales are $1,200,000. Management estimates that 1% is the sales percentage to use. What adjusting entry will Hahn Company make to record the bad debts expense?
ACC 291 Week 1 Discussion Question 1 • How would you describe the entries to record the disposition of accounts receivables? • What is their function?
ACC 291 Week 1 Discussion Question 2 • How are bad debts accounted for under the direct write-off method? • What are the disadvantages of this method?
ACC 291 Week 1 Wileyplus Assignment E8-4, E8-11, BYP8-1, and BYP8-2 (New) • Wiley Plus Assignment Week 1 • ·E8-4, E8-11, BYP8-1, and BYP8-2 in MS Excel • Exercise 8-4 Wainwright Company • Exercise 8-11 Fedex Corporation • Broadening your Perspective 8-1 Tootsie Roll • Broadening your Perspective 8-2 Tootsie Roll and Hershey
ACC 291 Week 2 - Fordyce and Atwater (New) • P10-5A • Fordyce Electronics issues a $400,000, 8%, 10-year mortgage note on December 31, 2007. The proceeds from the note are to be used in financing a new research laboratory. The terms of the note provide for semiannualinstallment payments, exclusive of real estate taxes and insurance, of $29,433. Payments are due June 30 and December 31.
ACC 291 Week 2 Discussion Question 1 • What are the differences among valuation, depreciation, amortization, and depletion? • Is it appropriate to calculate depreciation using two different methods? Why? • What does the Annual Report you are using for class say about depreciation?
ACC 291 Week 2 Discussion Question 2 • What types of industries have unearned revenue? • Why is unearned revenue considered a liability? • When is the unearned revenue recognized in the financial statements? • What does your Annual Report say about unearned revenue?
ACC 291 Week 2 Individual WileyPLUS Assignment Week Two • we have another New set of week 2 Willeyplus assignment which could be found on this link • http://www.acc291guide.com/ACC-291-Week-2-Wileyplus-Assignment-P8-3A-BE9-11-DI9-5-E9-7-E9-8-BYP9-P9-2A • Resource:WileyPLUS • Complete the followingWileyPLUS Week Two Exercises and Problem:
ACC 291 Week 2 IndividualWileyPLUSPracticeCh 8,9,10 Quiz • Resource:WileyPLUS • Complete the WileyPLUS Week Two Practice Quizzes for chapters 8, 9, and 10. Submit your results through the Gradebook ASSIGNMENTS. Screen prints or shots are acceptable on a WORD document.
ACC 291 Week 2 Learning Team Weekly Reflection • Discuss the objectives for Weeks One and Two. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field. • Write a 350- to 1,050-word summary of the team’s discussion.
ACC 291 Week 2 Wileyplus Assignment P8-3A, BE9-11, DI9-5, E9-7, E9-8, BYP9, P9-2A (New) • P8-3A, BE9-11, DI9-5, E9-7, E9-8, BYP9, P9-2A. • Problem 8-3A: Bosworth Company • Brief Exercise 9-11: Nike, Inc. • Do It! 9-5 • Exercise 9-7: Wang, Co. • Exercise 9-8: Cleand Company
ACC 291 Week 3 Discussion Question 1 • Why does a company choose to form as a corporation? • What are the steps required to become a corporation? • What are the advantages and disadvantages of the corporate form of doing business?
ACC 291 Week 3 Discussion Question 2 • Why is preferred stock referred to as preferred? • What are some of the features added to preferred stock that make it more attractive to investors? • Would you select preferred stock or common stock as an investment? Why? • Provide stock details from your Annual Report.
ACC 291 Week 3 Individual WileyPLUS Assignment • we have another New set of week 3 Willeyplus assignment which could be found on this link • http://www.acc291guide.com/ACC-291-Week-3-Wileyplus-Assignment--P9-7A-E10-5-E10-8-E10-13-E10-22-E10-24-BYP10-P10-9A-P10-13A-IFRS10-4 • Resource:WileyPLUS • Complete the followingWileyPLUS Week Three Exercises and Problems:
ACC 291 Week 3 Learning Team Weekly Reflection • Discuss the objectives for Week Three. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field. • Write a 350- to 1,050-word summary of the team’s discussion.
ACC 291 Week 3 Wileyplus Assignment P9-7A, E10-5, E10-8, E10-13, E10-22, E10-24, BYP10, P10-9A, P10-13A, IFRS10-4 (New) • P9-7A, E10-5, E10-8, E10-13, E10-22, E10-24, BYP10, P10-9A, P10-13A, IFRS10-4. • Exercise 10-5: Olinger Company • Exercise 10-8: Ortega Company • Exercise 10-13: Romine Company • Exercise 10-22: Cole Corporation • Exercise 10-24: Nance, Co. • Broadening Your Perspective 10-1: Tootsie Roll • Broadening Your Perspective 10-2: Tootsie& Hershey
ACC 291 Week 4 Discussion Question 1 • Why are companies required to prepare a statement of cash flows? • Why is the statement of cash flows divided into three sections? • What does each section tell you about the operations of a company? • What are the differences between the direct and indirect presentation of cash flows?
ACC 291 Week 4 Discussion Question 2 • What are some common ratios used to analyze financial information? Which are the most important? • What are some examples of how ratios are used in the decision making process? • Two popular methods of financial statement analysis are horizontal analysis and vertical analysis. What are the differences between these two methods?
ACC 291 Week 4 Individual WileyPLUS Assignment • we have another New set of week 4 Willeyplus assignment which could be found on this link • http://www.acc291guide.com/ACC-290/ACC-291-Week-4-Wileyplus-Assignment--Do-It-11-1-E11-5-E11-7-BYP11-1-BYP11-2-P11-5A-P11-8A • Resource:WileyPLUS • Complete the following WileyPLUS Week Four Exercises and Problems: • Exercise Do It! 11-1
ACC 291 Week 4 IndividualWileyPLUS Practice • Resource:WileyPLUS • Complete the WileyPLUS Week Four Practice Quizzes for chapters 13 and 14.
ACC 291 Week 4 Learning Team Weekly Reflection • Discuss the objectives for Week Four. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field. • Write a 350- to 1,050-word summary of the team’s discussion.
ACC 291 Week 4 Wileyplus Assignment Do It! 11-1, E11-5, E11-7, BYP11-1, BYP11-2, P11-5A, P11-8A (New) • Do It! 11-1, E11-5, E11-7, BYP11-1, BYP11-2, P11-5A, P11-8A. • Do It! 11-1 • Exercise 11-5 Garcia Corporation • Exercise 11-7 Pele Company • Broadening Your Perspective 11-1 Tootsie Roll • Broadening Your Perspective 11-2 Tootsie Roll & Hershey
ACC 291 Week 5 Discussion Question 1 • Why do corporations buy back their own stock? • What does it tell you about the corporation? • What effect does the purchase have on the price of a company’s stock? • Does your Annual Report discuss stock repurchase or balances of treasury stock?
ACC 291 Week 5 Individual Effect of Unethical Behavior Article Analysis • Write a 350- to 700-word article analysis in which you identify situations that might lead to unethical practices and behavior in accounting. • Examine the effect of the Sarbanes-Oxley Act of 2002 on financial statements. • Cite one article from the Electronic Reserve Readings, the Internet, or other resources. • Formatyour paper consistent with APA guidelines.
ACC 291 Week 5 Individual WileyPLUSAssignment • we have another New set of week 5 Willyplus assignment which could be found on this link • ACC 291 Week 5 Wileyplus Assignment E7-3, E12-1, E12-8, P12-9A, P12-10A, E13-3, E13-4, IFRS13-1, P13-2A (New) • Resource:WileyPLUS • Complete the following Week Five WileyPLUSExercises and Problems:
ACC 291 Week 5 Learning Team Ratio Analysis Memo • Resource:Virtual Organizations • Click the Virtual Organization link on the student website to access the Virtual Organizations. • Select one of the Virtual Organizations as the basis for the assignment. • Obtain faculty approval of your selected organization before beginning the assignment. • Access the information contained in your selected organization’s balance sheet and income statement to calculate the following:
ACC 291 Week 5 Learning Team Weekly Reflection • Discuss the objectives for Week Five. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field. • Write a 350- to 1,050-word summary of the team’s discussion.
ACC 291 Week 5 Wileyplus Assignment E7-3, E12-1, E12-8, P12-9A, P12-10A, E13-3, E13-4, IFRS13-1, P13-2A (New) • E7-3, E12-1, E12-8, P12-9A, P12-10A, E13-3, E13-4, IFRS13-1, P13-2A. • Exercise 7-3 • Exercise 12-1 • Exercise 12-8 • Problem 12-9A • Problem 12-10A • Exercise 13-3 • Exercise 13-4 • International Financial Reporting Standards 13-1
ACC 291 Week 3 Individual WileyPLUS Practice Quiz Ch. 11,12 • Resource:WileyPLUS • Complete the WileyPLUS Week Three Practice Quizzes for chapters 11 and 12.
ACC 291 GUIDE Education Expert/acc291guidedotcom FOR MORE CLASSES VISIT www.acc291guide.com