240 likes | 265 Views
FOR MORE CLASSES VISIT<br>www.acct504mart.com<br>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:June2Gordon received $55,000 cash and issued common stock to the stockholders.3 Purchased supplies, $3,000, and equipment, $5,200, on account.4 Performed services for a client and received cash, $6,300.7 Paid cash to acquire land, $37,000.11 Performed services for a customer and billed the customer, $1,200. Johnson expects to collect within one month.16 Paid partial for the equipment purchased June 3 on account $2,800.17 Paid the telephone bill, $230.18 Received partial payment from customer on account, $700.22 Paid the water and electricity bills, $400.29 Received $5,000 cash for repairing the pipes of a customer.30 Paid employee salary, $4,300.30
E N D
ACCT 504 MART A Clearer path to student success/acct504mart.com FOR MORE CLASSES VISIT www.acct504mart.com
ACCT 504 Case Study 1 (Gordon Construction) FOR MORE CLASSES VISIT www.acct504mart.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:June2Gordon received $55,000 cash and issued common stock to the stockholders.
ACCT 504 Case Study 2 (Williams Oil) FOR MORE CLASSES VISIT www.acct504mart.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 William
ACCT 504 Case Study 3 (Wang Appliance Store) FOR MORE CLASSES VISIT www.acct504mart.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,
ACCT 504 Course Project Analysis of Nike, Inc. and Under Armour, Inc. FOR MORE CLASSES VISIT www.acct504mart.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. You should select the 10k dated 7/15/2014,and choose to download in PDF, Word, or Excel format.
ACCT 504 Course Project Oracle and Microsoft Corporation (Devry) FOR MORE CLASSES VISIT www.acct504mart.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
ACCT 504 Entire Course (Devry) FOR MORE CLASSES VISIT www.acct504mart.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 ACCT 504 Week 4 Midterm Set 2
ACCT 504 Final Exam (3 different finals) (Devry) FOR MORE CLASSES VISIT www.acct504mart.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 investorsHarder to transfer ownershipLower taxes
ACCT 504 Final Exam Guide (2 Set, New 2017) FOR MORE CLASSES VISIT www.acct504mart.com This Tutorial contains 2 Set of Final Exam 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,
ACCT 504 Midterm Exam (4 Sets, 2017) FOR MORE CLASSES VISIT www.acct504mart.com This Tutorial contains 4 Set of Midterm Exam 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
ACCT 504 Week 1 Homework (E117A E129B E22A E123A E124A) FOR MORE CLASSES VISIT www.acct504mart.com d. Adjustments to reconcile net income to net cash provided by operations e. Selling, general, and administrative expenses f. Ending cash balance g. Ending balance of retained earnings h. Income tax expense i. Long-term debt j. Revenue k. Total assets l. Dividends m. Income tax payable n. Common stock E1-22A (similar to) Assume the Carter Coffee Roasters Corp
ACCT 504 Week 1-7 All Discussion Questions (Devry) FOR MORE CLASSES VISIT www.acct504mart.com Week 1DQ 1 - Financial Reporting Environment and GAAP Week 1DQ 2 - Details of Financial Statements and Ratios Week 2DQ 1 - Accounting EquationAccounting Cycle Week 2DQ 2 - Accrual Accounting and Adjusting Entries Week 3DQ 1 - Merchandising Operations and Income Statements Week 3DQ 2 - Inventory Cost-Flow Assumptions
ACCT 504 Week 2 Homework (E2-17A, E2-18A, E3-22A, 3-23A) FOR MORE CLASSES VISIT www.acct504mart.com This Tutorial contains Excel Files which can be used to solve for any values (your Question may have different company name or values, but that can be solved using Excel file) 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
ACCT 504 Week 3 Case Study 1 (Melvin Plumbing Corporation) **New** FOR MORE CLASSES VISIT www.acct504mart.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,
ACCT 504 Week 3 Case Study 1 Flower Landscaping Corporation (Devry) FOR MORE CLASSES VISIT www.acct504mart.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.MAKE SURE TO COMPLETE ALL REQUIREMENTS WHICH ARE LISTED BELOW.There are 10 Sheets in the Workbook including this one.
ACCT 504 Week 3 Quiz FOR MORE CLASSES VISIT www.acct504mart.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. D. has no effect on income tax. Q-2 Use the following data of TortoiseTortoise Sales,
ACCT 504 Week 4 Quiz FOR MORE CLASSES VISIT www.acct504mart.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 Cash sales during 2014. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
ACCT 504 Week 5 Case Study 2 Internal Control - LJB Company (Devry) FOR MORE CLASSES VISIT www.acct504mart.com Case Study 2 - Internal Control- Due by Sunday of week 5 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
ACCT 504 Week 5 Course Project Draft Spreadsheet (Devry) FOR MORE CLASSES VISIT www.acct504mart.com ACCT 504 Week 5 Course Project Draft Spreadsheet (Devry)
ACCT 504 Week 5 Homework (E7-15A, E7-19A, E8-20A, E9-23A, E9-29A) FOR MORE CLASSES VISIT www.acct504mart.com The units-of-production method tracks the wear and tear on the van most closely. Requirement 3. Which method would Tasteful's prefer to use for income tax purposes? Explain in detail why Tasteful's prefers this method. For income tax purposes, Tasteful's would prefer the double-declining-balance method because it provides the most depreciation
ACCT 504 Week 6 Case Study 3 - Cash Budgeting - LBJ Company (Devry) FOR MORE CLASSES VISIT www.acct504mart.com ACCT504 Case Study 3 on Cash Budgeting 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 11:59PM 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.
ACCT 504 Week 6 Homework (E10-19A, E10-25A, E12-16A, E12-20A) FOR MORE CLASSES VISIT www.acct504mart.com This Tutorial contains Excel Files which can be used to solve for any values (your Question may have different company name or values, but that can be solved using Excel file) E10-19A Army Navy Sporting Goods is authorized to issue 10,000 shares of common stock
ACCT 504 Week 7 Course Project JCP Kohls (Devry) FOR MORE CLASSES VISIT www.acct504mart.com ACCT 504 Week 7 Course Project JCP Kohls (Devry)
ACCT 504 MART A Clearer path to student success/acct504mart.com FOR MORE CLASSES VISIT www.acct504mart.com