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ACC 290 GENIUS A Clearer path to student success-acc290genius.com

FOR MORE CLASSES VISIT <br>www.acc290genius.com<br><br><br>Financial Reporting Problem Part I Browse the Internet to acquire a copy of the most recent annual report for a publicly traded company. Analyze the information contained in the company’s balance sheet and income statement to answer the following questions: What are the company’s total assets at the end of its most recent annual reporting period? Why is this important? What are the total assets at the end of the previous annual reporting period? How much cash and cash equivalents did the company have at the end of its most recent annual reporting period? What amount of accounts payable did the company have at the end of its most recent annual reporting period? What amount of accounts payable did the company have at the end of the previous annual reporting period? What are the company’s net revenues for the last three annual reporting periods? What is the change in dollars in the company’s net income from its most recent annual reporting period to the previous annual reporting period? What are the company’s total current assets at the end of its most recent annual reporting period? What are the total current assets at the end of the previous annual reporting period? What in the information above would be important to a potential investor, employee, and so on? Summarize the analysis in a 1,050-1,400 word paper in a Microsoft® Word document. Include a copy of the company’s balance sheet and income statement. Format your paper consistent with APA guidelines.

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ACC 290 GENIUS A Clearer path to student success-acc290genius.com

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  1. ACC 290 GENIUS A Clearer path to student success-acc290genius.com FOR MORE CLASSES VISIT www.acc290genius.com

  2. ACC 290 Week 3/4 Learning Team Financial Reporting Problem, Part 1 (**2 Different Papers**)(New) FOR MORE CLASSES VISIT www.acc290genius.com Financial Reporting Problem Part I Browse the Internet to acquire a copy of the most recent annual report for a publicly traded company.

  3. ACC 290 Final Exam Guide (New) FOR MORE CLASSES VISIT www.acc290genius.com ACC 290 Finals Question 1 Jackson Company recorded the following cash transactions for the year: Paid $135,000 for salaries. Paid $60,000 to purchase office equipment. Paid $15,000 for utilities. Paid $6,000 i

  4. ACC 290 Week 1 Discussion Question 1 FOR MORE CLASSES VISIT www.acc290genius.com ACC 290 Week One - DQ #1 What are the four basic financial statements? What is the primary purpose of each of the four basic financial statements? In

  5. ACC 290 Week 1 Discussion Question 2 FOR MORE CLASSES VISIT www.acc290genius.com What are debits and credits? How are debits and credits used to record business transactions? Why do accountants debit asset accounts to increase

  6. ACC 290 Week 1 Individual Assignment Financial Statements Paper FOR MORE CLASSES VISIT www.acc290genius.com Individual - Financial Statements Paper - Prepare a 700 -1,050 word paper in which you identify the four basic financial statements.

  7. ACC 290 Week 1 Practice Quiz(New) FOR MORE CLASSES VISIT www.acc290genius.com Question 1 Current assets are expected to be converted to cash or consumed within the next year or the normal operating cycle, whichever is longer.

  8. ACC 290 Week 1 Vocabulary Activity (New) FOR MORE CLASSES VISIT www.acc290genius.com WileyPLUS Assignment: Week 1 Vocabulary Activity Resource: WileyPLUS Complete the following Week 1 Assignment in WileyPLUS: • Chapter 1 WileyPLUS Crossword Puzzle 1

  9. ACC 290 Week 1 WileyPlus Assignment DI1-3, E1-3,E1-4, E2-4, IFRS2-4 (New) FOR MORE CLASSES VISIT www.acc290genius.com WileyPLUS Assignment: Week 1 Assignment Resource: WileyPLUS Complete the following Week 1 Assignment in WileyPLUS:

  10. ACC 290 Week 2 Discussion Question 1 FOR MORE CLASSES VISIT www.acc290genius.com What is the revenue recognition principle? What is the expense recognition principle? Why are they important to financial reporting? What are adjusting entries and why are they necessary?

  11. ACC 290 Week 2 Discussion Question 2 FOR MORE CLASSES VISIT www.acc290genius.com What accounts are subject to adjusting journal entries and why? How would you explain the purpose of the adjusted trial balance?

  12. ACC 290 Week 2 LT Reflection Summary (New) FOR MORE CLASSES VISIT www.acc290genius.com Discuss the objectives for ACC 290 Week Two. What do you think will be the most important of the skills learned when you are in an accounting position?

  13. ACC 290 Week 2 LT Reflection Summary FOR MORE CLASSES VISIT www.acc290genius.com Discuss the objectives for ACC 290 Week One. How do they relate to the practice of accounting and its uses in business? Identify the four basic financial

  14. ACC 290 Week 2 Practice Quiz (New) FOR MORE CLASSES VISIT www.acc290genius.com Question 1 Expenses decrease retained earnings. Question 2 During 2014, Gibson Company assets decreased $50,000 and its liabilities decreased $90,000. Its stockholders’ equity Question 3 Payment of a dividend Question

  15. ACC 290 Week 2 Vocabulary Activity (New) FOR MORE CLASSES VISIT www.acc290genius.com WileyPLUS Assignment: Week 2 Vocabulary Activity Resource: WileyPLUS Complete the following Week 2 Assignment in WileyPLUS: • Chapter 2 Wiley PLUS Crossword Puzzle 1

  16. ACC 290 Week 2 WileyPlus Assignment BYP2-2, IFRS2-6, E3-4, E3-8, BYP 3-2, IFRS 3-2, P3-5, P3-6 (New) FOR MORE CLASSES VISIT www.acc290genius.com ACC 290 Week One - DQ #1 What are the four basic financial statements? What is the primary purpose of each of the four basic financial statements?

  17. ACC 290 Week 3 Discussion Question 1 FOR MORE CLASSES VISIT www.acc290genius.com What are the steps in completing the accounting cycle? How do the different steps affect the financial statements? What is the effect on the financial

  18. ACC 290 Week 3 Discussion Question 2 FOR MORE CLASSES VISIT www.acc290genius.com What are the pros and cons of using reversing entries? Why are reversing entries optional? What is the main purpose of a financial statement worksheet and its benefits? How has automation aided the preparation, accuracy, and use of the financial statement worksheet?

  19. ACC 290 Week 3 LT Reflection Summary FOR MORE CLASSES VISIT www.acc290genius.com Discuss the objectives for ACC 290 Week Two. What do you think will be the most important of the skills learned when you are in an accounting position? Differentiate between accrual basis and cash basis of accounting. Create

  20. ACC 290 Week 3 Practice Quiz (New) FOR MORE CLASSES VISIT www.acc290genius.com Question 1 The revenue recognition principle dictates that revenue is recognized in the period in which the cash is received. Question 2 The generally accepted accounting principle which dictates that revenue be

  21. ACC 290 Week 3 Vocabulary Activity (New) FOR MORE CLASSES VISIT www.acc290genius.com WileyPLUS Assignment: Week 3 Practice Quiz Resource: WileyPLUS Complete the following Week 3 Assignment in WileyPLUS: • Chapter 4

  22. ACC 290 Week 3 WileyPlus Assignment BE4-1, P4-2A, P4-3A, BYP4-1, IFRS PQ-1, PQ-2, PQ-3, PQ-4 (New) FOR MORE CLASSES VISIT www.acc290genius.com Assignment: Week 3 Assignment Complete the following Week 3 Assignment • Brief Exercise 4-1 • Problem 4-2A • Problem 4-3A • BYP 4-1 • IFRS Practice Question 1 • IFRS Practice Question 2 •

  23. ACC 290 Week 4 Discussion Question 1 FOR MORE CLASSES VISIT www.acc290genius.com How would you calculate cost of goods sold? What items make up cost of goods sold? How does beginning and ending inventory affect cost of goods

  24. ACC 290 Week 4 Discussion Question 2 FOR MORE CLASSES VISIT www.acc290genius.com What are the three different inventory cost flow assumptions commonly used in commerce today and allowed by generally accepted accounting principles?

  25. ACC 290 Week 4 LT Reflection Summary FOR MORE CLASSES VISIT www.acc290genius.com Reflection and Financial Reporting Problem Part I. Discuss the objectives for ACC 290 Week Three. How do they relate to the practice of accounting and its uses in business? Prepare closing entries, reversing entries, and a post closing

  26. ACC 290 Week 4 Practice Quiz (New) FOR MORE CLASSES VISIT www.acc290genius.com Question 1 A service company's operating cycle is ordinarily shorter than that of a merchandising company. The operating cycle of a merchandising company

  27. ACC 290 Week 4 Vocabulary Activity (New) FOR MORE CLASSES VISIT www.acc290genius.com WileyPLUS Assignment: Week 4 Vocabulary Activity Resource: WileyPLUS Complete the following Week 4 Assignment in WileyPLUS: • Chapter 5 Crossword Puzzle 1

  28. ACC 290 Week 4 Wileyplus Assignment P4-8A, BYP5-1, BYP5-2, BE5-1, BE5-2, IFRS5-2, IFRS5-4, PQ-1, PQ-2, PQ-3 (New) FOR MORE CLASSES VISIT www.acc290genius.com Week 4 Assignment Complete the following Week 4 Assignment in Problem 4-8A Brief Exercise 5-1 Brief Exercise 5-2 BYP 5-1 BYP 5-2 IFRS 5-2 IFRS 5-4 Practice Question 1 Practice Question 2 Practice Question 3

  29. ACC 290 Week 5 Discussion Question 1 FOR MORE CLASSES VISIT www.acc290genius.com What is the control environment? How does the control environment affect a company’s internal controls? What are the negative and positive elements of a control environment? What are two examples of strong and weak internal

  30. ACC 290 Week 5 IFRS Paper (New) FOR MORE CLASSES VISIT www.acc290genius.com IFRS 2-1: In what ways does the format of a statement of financial of position under IFRS often differ from a balance sheet presented under GAAP? IFRS

  31. ACC 290 Week 5 Learning Team Reflection ummary (New) FOR MORE CLASSES VISIT www.acc290genius.com Reflection and Financial Reporting Problem Part II. Discuss the objectives for ACC 290 Week Four. In the wake of accounting scandals over the past several

  32. ACC 290 Week 5 WileyPlus Assignment BE6-5, BE6-7, BYP6-1, BYP6-2, BE7-4, BE7-6, IFRS PQ-1, PFRS PQ-2(New) FOR MORE CLASSES VISIT www.acc290genius.com Assignment: Week 5 Assignment Complete the following Week 5 Assignment IFRS Practice Question 1 IFRS Practice Question 2 Brief Exercise 6-5 Brief Exercise 6-7 BYP 6-1 BYP 6-2 Brief Exercise 7-4 Brief Exercise 7-6

  33. ACC 290 Week 4/5 Individual Assignment Financial Reporting Problem Part II (**2 Different Papers**)(New) FOR MORE CLASSES VISIT www.acc290genius.com Financial Reporting Problem Part II Access the internet to acquire a copy of the most recent annual report for the public traded

  34. ACC 290 GENIUS A Clearer path to student success-acc290genius.com FOR MORE CLASSES VISIT www.acc290genius.com

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