1 / 8

ACC 421 Slingshot Academy / acc421mart.com

FOR MORE CLASSES VISIT <br>www.acc421mart.com<br><br>Question 1<br>Transactions for Mehta Company for the month of May are presented below.<br>May 1 B.D. Mehta invests $3,054 cash in exchange for common stock of Mehta Company, a small welding corporation.<br>

hamwoig
Download Presentation

ACC 421 Slingshot Academy / acc421mart.com

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. ACC 421 Slingshot Academy acc421mart.com For More Tutorials www.acc421mart.com

  2. ACC 421 Slingshot Academy acc421mart.com ACC 421 Final Exam Guide ACC 421 Week 1 Individual Assignment Accounting Cycle Paper (2 Paper) • 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. • This Tutorial contains 2 Papers • Prepare a 700- to 1,050-word paper explaining the overall accounting cycle at your organization. • Include a description of the people, processes, and systems that are integral to the cycle.

  3. ACC 421 Slingshot Academy acc421mart.com ACC 421 Week 2 Team Assignment CA1-3, CA 1-14, E3-14, P3-11 ACC 421 Week 3 Team Assignment P4-4, P18-2, P18-8 • CA1-3 (Financial Reporting and Accounting Standards) Answer the following multiple-choice questions. (All answers are in bold type.) • 1. GAAP stands for: • 2. Accounting standard-setters use the following process in establishing accounting standards: • 3. GAAP is comprised of: • P4-4 (Multiple- and Single-Step Income, Retained Earnings) The following account balances were included in the trial balance of Twain Corporation at June 30, 2014. • Using the multiple-step form, prepare an income statement and a retained earnings statement for the year ended June 30, 2014.

  4. ACC 421 Slingshot Academy acc421mart.com ACC 421 Week 4 Individual Assignment Full Disclosure Paper (2 Paper) ACC 421 Week 4 Team Assignment P5-3, CA24-2, P24-2, P24-3 • This Tutorial contains 2 Different Papers • Disclosure Paper contains: • Intermediate Financial Accounting I • Individual Full Disclosure Paper • Resource: Intermediate Accounting • Write a 700-word paper addressing the following: • Answer Question 2 in Ch. 24. • P5-3 (Balance Sheet Adjustment and Preparation) The adjusted trial balance of Eastwood Company andother related information for the year 2014 are presented as follows. • Additional information: • 1. The LIFO method of inventory value is used. • 2. The cost and fair value of the long-term investments that consist of stocks and bonds is the same.

  5. ACC 421 Slingshot Academy acc421mart.com ACC 421 Week 4 Wileyplus ACC 421 Chapter 5 Wileyplus • Question 1The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. • Classify each of the transactions listed below as: • A comparative balance sheet for Shabbona Corporation is presented below. • Keyser Beverage Company reported the following items in the most recent year.Q -2Ames Company reported 2014 net income of $151,000. During 2014, accounts receivable increased by $13,000 and accounts payable increased by $9,500. Depreciation expense was $44,000.

  6. ACC 421 Slingshot Academy acc421mart.com ACC 421 WEEK 5 INDIVIDUAL ASSIGNMENT STATEMENT OF CASH FLOWS PAPER (2 Papers) ACC 421 Week 5 Team Assignment P6-7, P5-7, P23-7, P23-8 • This Tutorial contains 2 Different Papers • Statement of Cash Flows Paper • Write a 700-word paper in which you address the following: • •Answer Question 1 in Ch. 23 of Intermediate Accounting. • •Explain why statements of cash flows are important when assessing the financial strength of an organization. • P6-7 (Time Value Concepts Applied to Solve Business Problems) Answer the following questions • related to Dubois Inc. • (a) Dubois Inc. has $600,000 to invest. The company is trying to decide between two alternative uses ofthe funds. One alternative provides $80,000 at the end of each year for 12 years

  7. ACC 421 Slingshot Academy acc421mart.com ACC 421 Chapter 23 wileyplus • Exercise 23-11    Condensed financial data of Pat Metheny Company for 2014 and 2013 are presented below • Problem 23-6     Comparative balance sheet accounts of Marcus Inc. are presented below. • IFRS Multiple Choice Question 06    Which of the following is false with regard to IFRS and the statement of cash flows?

  8. ACC 421 Slingshot Academy acc421mart.com For More Tutorials www.acc421mart.com

More Related