1 / 36

ACC 422 EXPERT Inspiring Innovation--acc422expert.com

Is a truly special teacher is very wise and sees tomorrow in every student’s eyes

Download Presentation

ACC 422 EXPERT Inspiring Innovation--acc422expert.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 422 EXPERT Inspiring Innovation--acc422expert.com

  2. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Final Exam Guide (New 2018, With EXCEL FILE, Score 29 30) FOR MORE CLASSES VISIT www.acc422expert.com This Tutorial contains excel File which can be used to solve for any change in values Brief Exercise 7-1 Brief Exercise 7-7 Brief Exercise 7-14 Brief Exercise 7-15 Brief Exercise 8-4 (Part Level Submission) Brief Exercise 8-5 Brief Exercise 8-6

  3. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Final Exam Guide 1 FOR MORE CLASSES VISIT www.acc422expert.com 1. Kraft Enterprises owns the following assets at December 31, 2012. Cash in bank–savings account 67,516 Checking account balance 26,445 Cash on hand 9,478 Postdated checks 753 Cash refund due from IRS 40,324 Certificates of deposit

  4. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Final Exam Guide 2 FOR MORE CLASSES VISIT www.acc422expert.com SET 2 1) Which of the following is considered cash? 2) Bank overdrafts, if material, should be 3) Which of the following is NOT considered cash for financial reporting purposes? 4) If a company employs the gross method of recording

  5. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Final Exam Guide 3 FOR MORE CLASSES VISIT www.acc422expert.com SET 3 1) Which of the following is NOT considered cash for financial reporting purposes? 2) What is the preferable presentation of accounts receivable from officers, employees, or affiliated companies on a balance sheet? 3) Which

  6. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Final Exam Guide All 3 Sets FOR MORE CLASSES VISIT www.acc422expert.com Details of All 180 Questions Given Below SET 1 1. Kraft Enterprises owns the following assets at December 31, 2012. Cash in bank–savings account 67,516 Checking account balance 26,445 Cash on hand 9,478 Postdated checks 753

  7. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Final Exam Guide All 3 Sets FOR MORE CLASSES VISIT www.acc422expert.com Details of All 180 Questions Given Below SET 1 1. Kraft Enterprises owns the following assets at December 31, 2012. Cash in bank–savings account 67,516 Checking account balance 26,445 Cash on hand 9,478 Postdated checks 753

  8. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 1 DQ 2 FOR MORE CLASSES VISIT www.acc422expert.com What is the perpetual method of tracking inventory? How does it differ from the periodic method of tracking inventory?

  9. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 1 DQ 3 FOR MORE CLASSES VISIT www.acc422expert.com What are the different ways to estimate bad debt? How does this affect net income? What does Generally Accepted Accounting Principles (GAAP) require

  10. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 1 DQ 3 FOR MORE CLASSES VISIT www.acc422expert.com What are the different ways to estimate bad debt? How does this affect net income? What does Generally Accepted Accounting Principles (GAAP) require

  11. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 1 Team Assignment Audited Financial Statements (Nordstrom Inc.) FOR MORE CLASSESVISIT www.acc422expert.com Each team is assigned a publically traded company that they will use to answer the questions in the Financial Scavenger Hunt assigned each week. Team A: Nordstrom Inc. Team B: Macy's Inc. Locate your assigned company's

  12. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 1 Wileyplus BE 7-1, BE 7-7, Ex 7-4, Ex 7-9, Ex 7-22, Ex 7-24, CA 7-2, Pr 7-4 (with Excel File) FOR MORE CLASSESVISIT www.acc422expert.com This Tutorial contains Excel File which can be used to solve for any values Complete the following assignments in WileyPLUS: • Brief Exercise 7-1 • Brief Exercise 7-7 • Exercise 7-4 • Exercise 7-9 • Exercise 7-22 • Exercise 7-24

  13. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 2 DQ 1 FOR MORE CLASSES VISIT www.acc422expert.com Under what circumstances would a company need to estimate its inventory? What are the differences between using the gross profit method and retail inventory

  14. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 2 DQ 2 FOR MORE CLASSES VISIT www.acc422expert.com What are the criteria for capitalization of fixed assets? What items are included in the cost of a fixed asset? Should interest be included in the cost of a fixed asset? Explain why or why not.

  15. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 2 DQ 3 FOR MORE CLASSES VISIT www.acc422expert.com How do we account for the disposition of fixed assets? What are the differences in how the exchanges of assets are handled

  16. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 2 Learning Team Assignment (New Syllabus) FOR MORE CLASSES VISIT www.acc422expert.com Complete the following three deliverables for this assignment as a team: 1. The Financial Reporting, Procter & Gamble Company, p. 379. 2. The Financial Statement Analysis Cases, Case 1: Occidental Petroleum Corporation, p. 379.

  17. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 2 Wileyplus Ex 8-2, Ex 8-9, Ex 8-12, Ex 9-2, Ex 9-7, Ex 9-17, Ex 9-18, Ex 9-20, Ex 9-22 (with Excel File) FOR MORE CLASSESVISIT www.acc422expert.com This Tutorial contains Excel File which can be used to solve for any values Complete the following assignments i • Exercise 8-2 • Exercise 8-9 (Part Level Submission) • Exercise 8-12 (Part Level Submission) • Exercise 9-2 • Exercise

  18. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 3 DQ 1 FOR MORE CLASSES VISIT www.acc422expert.com What is the purpose of depreciation? Does the book value of a fixed asset (cost minus accumulated depreciation) communicate to a user what the asset is worth? Explain why or why not. Should the financial statements reflect the value of fixed assets? Explain why or why not.

  19. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 3 DQ 2 FOR MORE CLASSES VISIT www.acc422expert.com What are the different methods used to calculate depreciation? How does a company decide which method it should utilize?

  20. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 3 DQ 2 FOR MORE CLASSES VISIT www.acc422expert.com What are the different methods used to calculate depreciation? How does a company decide which method it should utilize?

  21. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 3 Team Assignment (Case 3, CA 8-10, Problem 9-3, Problem 9-13) FOR MORE CLASSES VISIT www.acc422expert.com Complete the following four deliverables for this assignment as a team: 1. Case 3: The Kroger Company, p. 440 Complete the following individually and discuss your individual answers as a team: 1. CA 8-10, p. 437 2.

  22. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 3 Wileyplus BE 10-10, Ex 10-3, Ex 10-13, Ex 11-6 Ex 11-15, Ex 11-24, Ex 12-1, Ex 12-4, Ex 12-14 (with Excel File) FOR MORE CLASSES VISIT www.acc422expert.com This Tutorial contains Excel File which can be used to solve for any values Complete the following assignments in WileyPLUS: • Brief Exercise 10-10 • Exercise 10-3 • Exercise 10-13 • Exercise 11-6 • Exercise 11-15 • Exercise 11-15 (Essay

  23. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 4 DQ 1 FOR MORE CLASSES VISIT www.acc422expert.com What are the criteria for classifying an item as a current liability? What are some examples of current liabilities? Why is it important to classify a portion of long-term debt on a yearly basis

  24. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 4 DQ 2 FOR MORE CLASSES VISIT www.acc422expert.com What is a contingency? Why are contingencies important to users of financial statements? What are the criteria for recording contingencies? Should companies record a liability for threatened litigation? Explain why or why not.

  25. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 4 DQ 3 FOR MORE CLASSES VISIT www.acc422expert.com What is a bond? What are some features of a bond? How do you value bonds? What factors can affect that value?

  26. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 4 Individual Assignment From The Text E11-4,E11-11,E12-6 And E12-16 FOR MORE CLASSES VISIT www.acc422expert.com Resource:Intermediate Accounting Prepare written responses to the following assignments from the text: ·         Ch. 11: Exercises E11-4 & E11-11 ·         Ch. 12: Exercises E12-6 & E12-16

  27. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 4 Team Assignment Financial Scavenger Hunt #3 FOR MORE CLASSES VISIT www.acc422expert.com Review the financial statements, including any notes and supplemental information, and answer the following questions. Indicate where you found the answer to the questions. If calculations are required, show your work.

  28. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 4 Team Assignment Problem 10-4, Problem 10-6, CA 11-5, Problem 12-2 FOR MORE CLASSES VISIT www.acc422expert.com Complete the following individually and discuss your individual answers as a team: • Problem 10-4, p. 543 • Problem 10-6, p. 544 • CA 11-5, p.. I may be able to save my job and those of my staff.” Instructions: a. Who are the stakeholders

  29. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 5 DQ 1 FOR MORE CLASSES VISIT www.acc422expert.com What are the differences between a direct-financing and a sales-type lease for a lessor? Why would a lessor provide direct-financing to a lessee?

  30. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 5 DQ 2 FOR MORE CLASSES VISIT www.acc422expert.com What are the criteria for classifying a lease as operating or capital? Why is there a difference between the two? What are the implications of an operating lease versus a capital lease on an entity’s financial statements?

  31. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 5 DQ 2 FOR MORE CLASSES VISIT www.acc422expert.com What are the criteria for classifying a lease as operating or capital? Why is there a difference between the two? What are the implications of an operating lease versus a capital lease on an entity’s financial statements?

  32. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 5 DQ 3 FOR MORE CLASSES VISIT www.acc422expert.com What is residual value? What is the implication to the lessee if the residual value is guaranteed or unguaranteed? What is the implication to the lessor?

  33. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 5 DQ 4 FOR MORE CLASSES VISIT www.acc422expert.com Week 5 – DQ 4 What are the advantages of operating and capital leases? What are the disadvantages

  34. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 5 Learning Team Problem Presentation FOR MORE CLASSES VISIT www.acc422expert.com Collaborate as a team to provide written responses to a facilitator-assigned problem. Prepare a 5- to 10-minute oral presentation accompanied by a 7- to 9-slide Microsoft

  35. ACC 422 EXPERT Inspiring Innovation--acc422expert.com ACC 422 Week 5 Signature Assignment Presentation (Procter And Gamble) FOR MORE CLASSES VISIT www.acc422expert.com Create a 5- to 10-slide presentation and use the same publicly traded company selected in Week 2 to address the following: • Be sure to use the most recent SEC 10-k or Annual report. • Identify the Company's current liabilities

  36. ACC 422 EXPERT Inspiring Innovation--acc422expert.com

More Related