ACC 421 GENIUS Lifetime Success / acc421genius.com

1. ACC 421 GENIUS Lifetime Success / acc421genius.com

2. ACC 421 GENIUS Lifetime Success / acc421genius.com ACC 421 Final Exam Guide (New) 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.

3. ACC 421 GENIUS Lifetime Success / 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 Exercise 129 Prepare the necessary adjusting journal entries indicated by each item for the year ended December 31, 2017. Exercise 132 1.

4. ACC 421 GENIUS Lifetime Success / 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 $12,000. Employees work a 5-day week.

5. ACC 421 GENIUS Lifetime Success / 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.

6. ACC 421 GENIUS Lifetime Success / acc421genius.com ACC 421 Week 1 WileyPlus Assignment Ex 2-4, Ex 2-6, Ex 3-5, Ex 3-9, Ex 3-13 (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 2-4 • Exercise 2-6 • Exercise 3-5 • Exercise 3-9 • Exercise 3-13 (Part Level Submission) Question 1 Identify the appropriate qualitative characteristic(s) to be used given the information provided below

7. ACC 421 GENIUS Lifetime Success / 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?

8. ACC 421 GENIUS Lifetime Success / 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

9. ACC 421 GENIUS Lifetime Success / 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.

10. ACC 421 GENIUS Lifetime Success / 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.

11. ACC 421 GENIUS Lifetime Success / 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.

12. ACC 421 GENIUS Lifetime Success / 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,

13. ACC 421 GENIUS Lifetime Success / 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

14. ACC 421 GENIUS Lifetime Success / 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 prepaid items amount to $485,500, what is the amount of current liabilities? b) A company had an average inventory last year of $196,000 and its inventory turnover was 5.

15. ACC 421 GENIUS Lifetime Success / 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.

16. ACC 421 GENIUS Lifetime Success / 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 reported on the balance sheet, select “Balance Sheet” and if an item need not be reported at all, select “Not to be Reported”

17. ACC 421 GENIUS Lifetime Success / 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.

18. ACC 421 GENIUS Lifetime Success / 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.

19. ACC 421 GENIUS Lifetime Success / 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,

20. ACC 421 GENIUS Lifetime Success / 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

21. ACC 421 GENIUS Lifetime Success / 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,).

22. ACC 421 GENIUS Lifetime Success / 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

23. ACC 421 GENIUS Lifetime Success / 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.

24. ACC 421 GENIUS Lifetime Success / acc421genius.com ACC 421 Week 5 Team Coca-Cola PepsiCo (p,1394, CA 5-5, Problem 6-12) FOR MORE CLASSES VISIT www.acc421genius.com Complete the following deliverables as a team: • The Coca-Cola/PepsiCo Comparative Analysis Case on p. 1394. Your responses should be approximately one to two sentences for each segment (a-f). Complete the following individually and discuss your individual answers as a team: • CA 5-5 Cash Flow Analysis, p. 254 • Problem 6-12, p. 309 After discussing your answers, compile each into a team response. Click the Assignment Files tab to submit your assignment.

25. ACC 421 GENIUS Lifetime Success / acc421genius.com