ACC 421 GENIUS Remember Education--acc421genius.com

1. ACC 421 GENIUS Remember Education--acc421genius.com

2. ACC 421 GENIUS Remember Education--acc421genius.com ACC 421 Final Exam Guide (New) 98% Score FOR MORE CLASSES VISIT www.acc421genius.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. Dresser Company’s weekly payroll, paid on Fridays, totals $8,000. Employees work a 5-day week.

3. ACC 421 GENIUS Remember Education--acc421genius.com ACC 421 Final Exam Guide (New) FOR MORE CLASSES VISIT www.acc421genius.com Number of Questions 30 Score atleast 90% easily with our EXCEL SHEET for any values (EVEN IF VALUES CHANGES) of below mentioned Question Exerc

4. ACC 421 GENIUS Remember Education--acc421genius.com ACC 421 Final Exam Guide FOR MORE CLASSES VISIT www.acc421genius.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. Question 2 On July 1, 2012, Crowe Co. pays $19,796 to Zubin Insurance Co. for a 3-year insurance contract. Both companies have fiscal years ending December 31. For Crowe Co. Question 3 Dresser Company's weekly payroll, paid on Fridays, totals

5. ACC 421 GENIUS Remember Education--acc421genius.com ACC 421 Week 1 US GAAP Versus IFRS FOR MORE CLASSES VISIT www.acc421genius.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. • Go

6. ACC 421 GENIUS Remember Education--acc421genius.com ACC 421 Week 2 DQs FOR MORE CLASSES VISIT www.acc421genius.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? 4. What are the differences between regular and irregular items on an income statement? 5. What are the requirements for items to qualify as irregular? What are some examples of irregular items?

7. ACC 421 GENIUS Remember Education--acc421genius.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 CLASSES VISIT www.acc421genius.com Complete the following Week 2 Assignment in WileyPLUS: • Brief Exercise 4-2 • Brief Exercise 4-4 • Brief Exercise 4-9 • Brief Exercise 18-2 • Brief Exercise 18-5 • Brief Exercise 18-6

8. ACC 421 GENIUS Remember Education--acc421genius.com ACC 421 Week 2 Individual Revenue Recognition standards (2 PPT) FOR MORE CLASSES VISIT www.acc421genius.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.

9. ACC 421 GENIUS Remember Education--acc421genius.com ACC 421 Week 2 Team Coca-Cola PepsiCo Comparative Analysis Cases p. 72 and 145 FOR MORE CLASSES VISIT www.acc421genius.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 member’s 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? (b) Which company has the dominant position in beverage sales?

10. ACC 421 GENIUS Remember Education--acc421genius.com ACC 421 Week 3 Assignment CA 4-2, Problem 18-3, Problem 18-2 FOR MORE CLASSES VISIT www.acc421genius.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. Click the Assignment Files tab to submit your assignment. CA4-2 GROUPWORK (Earnings Management) Bobek Inc.

11. ACC 421 GENIUS Remember Education--acc421genius.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 CLASSES VISIT www.acc421genius.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.

12. ACC 421 GENIUS Remember Education--acc421genius.com ACC 421 Week 3 Individual BE 24-1 (Essay) (with Excel File) FOR MORE CLASSES VISIT www.acc421genius.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”. What information is provided by this note?

13. ACC 421 GENIUS Remember Education--acc421genius.com ACC 421 Week 3 Individual BE 24-8 (with Excel File) FOR MORE CLASSES VISIT www.acc421genius.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 5:1 and its acid-test ratio is 1:1. If the inventories and

14. ACC 421 GENIUS Remember Education--acc421genius.com ACC 421 Week 3 Individual Brief Exercise 5-1 (with Excel File) FOR MORE CLASSES VISIT www.acc421genius.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.

15. ACC 421 GENIUS Remember Education--acc421genius.com ACC 421 Week 3 Individual Exercise 5-3 FOR MORE CLASSES VISIT www.acc421genius.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

16. ACC 421 GENIUS Remember Education--acc421genius.com ACC 421 Week 3 Individual Exercise 5-9 (with Excel File) FOR MORE CLASSES VISIT www.acc421genius.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. a) calculate following adjusted balances.

17. ACC 421 GENIUS Remember Education--acc421genius.com ACC 421 Week 3 Individual Problem 5-2 (with Excel File) FOR MORE CLASSES VISIT www.acc421genius.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.

18. ACC 421 GENIUS Remember Education--acc421genius.com ACC 421 Week 3 Individual Problem 24-3 (Essay) FOR MORE CLASSES VISIT www.acc421genius.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

19. ACC 421 GENIUS Remember Education--acc421genius.com ACC 421 Week 3 Team Assignment Comparative Analysis Case (Coca Cola/Pepsi Co) FOR MORE CLASSES VISIT www.acc421genius.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. (b) What are the gross profits, operating profits, net incomes, and net incomes attributable to non-controlling interests for these two companies

20. ACC 421 GENIUS Remember Education--acc421genius.com ACC 421 Week 4 Team Coca-Cola PepsiCo Assignment (p.255, p.1458, CA 5-3, CA 24-12) FOR MORE CLASSES VISIT www.acc421genius.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:

21. ACC 421 GENIUS Remember Education--acc421genius.com ACC 421 Week 4 Wileyplus BE 5-12, Ex 5-13, Ex 5-14, BE 23-1, Ex 23-14 FOR MORE CLASSES VISIT www.acc421genius.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 • Brief Exercise 23-1 • Exercises 23-13 • Exercise 23-14 Brief Exercise 5-12 Monty Beverage Company reported the following items in the most recent year. Net Income $43,400 Dividends paid 5,210 Increase in a/r 11,440 Increase in a/p 8,490 Purchase of equipment (capital expenditure) 8,720 Depreciation expense 5,490

22. ACC 421 GENIUS Remember Education--acc421genius.com ACC 421 Week 5 Analyzing Amazon document FOR MORE CLASSES VISIT www.acc421genius.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. Amazon’s 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

23. ACC 421 GENIUS Remember Education--acc421genius.com