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ACC 291 Final Exam Guide (New)<br>For more course tutorials visit<br>www.acc291.com<br><br>ACC 291 Final Exam Study Guide<br>Question 207<br>On January 1, a machine with a useful life of five years and a residual value of $40,000 was purchased for $120,000. What is the depreciation expense for year 2 under the double-declining-balance method of depreciation?<br>IFRS Multiple Choice Question 01<br>As a recent graduate of State University you're aware that IFRS requires component depreciation for plant assets. A friend has asked you to succinctly explain what component depreciation means. Which of the following correctly describes component depreciation?<br>Multiple Choice Question 198<br>Given the following account balances at year end, compute the total intangible assets on the balance sheet of Janssen Enterprises.<br>Cash $1,500,000<br>Accounts Receivable 4,000,000<br>Trademarks 1,000,000<br>Goodwill 2,500,000<br>Research & Development Costs 2,000,000<br>Explanation: Intangible Assets = Goodwill Trademarks = 3,500,000<br> <br>Multiple Choice Question 146<br>Bonds with a face value of $300,000 and a quoted price of 97¼ have a selling price of Multiple Choice Question 188 <br>Sparks Company received proceeds of $423,000 on 10-year, 8% bonds issued on January 1, 2013. The bonds had a face value of $400,000, pay interest annually on December 31st, and have a call price of 102. Sparks uses the straight-line method of amortization. What is the carrying value of the bonds on January 1, 2015?<br>
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ACC 291 NEW UOP professional tutor • ACC 291 Final Exam Study Guide • Question 207 • On January 1, a machine with a useful life of five years and a residual value of $40,000 was purchased for $120,000. What is the depreciation expense for year 2 under the double-declining-balance method of depreciation? • 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 ACC 291 Final Exam Guide (New) ACC 291 Week 1 Wileyplus Assignment E8-4, E8-11, BYP8-1, and BYP8-2 (New)
ACC 291 NEW UOP professional tutor • 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 semi annual installment payments, exclusive of real estate taxes and insurance, of $29,433. Payments are due June 30 and December 31. • 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 ACC 291 Week 2 - Fordyce and Atwater (New) ACC 291 Week 2 Wileyplus Assignment P8-3A, BE9-11, DI9-5, E9-7, E9-8, BYP9, P9-2A (New)
ACC 291 NEW UOP professional tutor • 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 • 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 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) ACC 291 Week 4 Wileyplus Assignment Do It! 11-1, E11-5, E11-7, BYP11-1, BYP11-2, P11-5A, P11-8A (New)
ACC 291 NEW UOP professional tutor • 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 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)
