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FOR MORE CLASSES VISIT<br>www.acc421genius.com<br>ACC 421 Final Exam Guide (New) 98% Score ACC 421 Final Exam Guide ACC 421 Week 1 Individual Wileyplus Assignment E2-4, E2-6, E2-7, E3-1, E3-8 ACC 421 Week 2 Individual Wileyplus Assignment BE4-2, BE4-4, BE4-9, BE18-2, BE18-5, BE18-6 ACC 421 Week 2 Team Assignment CA1-3, CA 1-14, E3-14, P3-11 ACC 421 Week 3 Individual Wileyplus Assignment BE5-2, BE5-6, E5-1, E5-4, E5-7, E5-12, E24-2, E24-3, E24-4 ACC 421 Week 3 Team Assignment P4-4, P18-2, P18-8 ACC 421 Week 4 Individual WileyPLUS E5-13, E5-16, E23-2, E23-11,
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ACC 421 Entire Course + Final Guide • FOR MORE CLASSES VISIT • www.acc421genius.com • ACC 421 Final Exam Guide (New) 98% Score ACC 421 Final Exam Guide ACC 421 Week 1 Individual Wileyplus Assignment E2-4, E2-6, E2-7, E3-1, E3-8 ACC 421 Week 2 Individual Wileyplus Assignment BE4-2, BE4-4, BE4-9, BE18-2, BE18-5, BE18-6 ACC 421 Week 2 Team Assignment CA1-3, CA 1-14, E3-14, P3-11 ACC 421 Week 3 Individual Wileyplus
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
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.
ACC 421 Week 1 CPA Practice • FOR MORE CLASSES VISIT • www.acc421genius.com • ACC 421 Week 1 CPA Practice 1. According to the FASB conceptual framework, the quality of information that helps users increase the likelihood of correctly forecasting the outcome of past or present events is called 2. Under the accrual method, what amount of income before taxes should Class report in its December 31, 2002, Income Statement?
ACC 421 Week 1 Individual Assignment Accounting Cycle Paper (2 Paper) • FOR MORE CLASSES VISIT • www.acc421genius.com • This Tutorial contains 2 Papers Write a 700- 1,050-word paper including the following: The assignment contains two parts: first is to describe the accounting cycle according to the text or other authoritative source--to say what you know the accounting cycle is composed of. The second part is to recognize the accounting
ACC 421 Week 1 Individual Wileyplus Assignment E2-4, E2-6, E2-7, E3-1, E3-8 • FOR MORE CLASSES VISIT • www.acc421genius.com • Complete the following Week One Assignment in WileyPLUS: • Exercise 2-4 • Exercise 2-6 • Exercise 2-7 • Exercise 3-1 • Exercise 3-8
ACC 421 Week 2 Individual Wileyplus Assignment BE4-2, BE4-4, BE4-9, BE18-2, BE18-5, BE18-6 • 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
ACC 421 Week 2 Team Assignment CA1-3, CA 1-14, E3-14, P3-11 • FOR MORE CLASSES VISIT • www.acc421genius.com • 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: 4. The authoritative status of the conceptual framework is as follows.
ACC 421 Week 3 CPA Practice • FOR MORE CLASSES VISIT • www.acc421genius.com • ACC 421 Week 3 CPA Practice 1 Question 1: Financial statements shall include disclosures of material transactions between related parties except Question 2: An enterprise must separately report information about an operating segment when the segment’s revenue meets what minimum percentage of the combined revenue of the reported operating segments? Question 3: Harper Co. incurred an apparently permanent inventory loss from market decline of $840,000 during
ACC 421 Week 3 Individual Wileyplus Assignment BE5-2, BE5-6, E5-1, E5-4, E5-7, E5-12, E24-2, E24-3, E24-4 • FOR MORE CLASSES VISIT • www.acc421genius.com • Complete the following Week Three Assignment in WileyPLUS: • Brief Exercise 5-2 • Brief Exercise 5-6 • Exercise 5-1 • Exercise 5-4 • Exercise 5-7 • Exercise 5-12 • Exercise 24-2 • Exercise 24-3 • Exercise 24-4
ACC 421 Week 3 Team Assignment P4-4, P18-2, P18-8 • FOR MORE CLASSES VISIT • www.acc421genius.com • 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. Using the single-step form, prepare an income statement and a retained earnings statement for the year ended June 30, 2014.
ACC 421 Week 4 CPA Practice • FOR MORE CLASSES VISIT • www.acc421genius.com • ACC 421 Week 4 CPA Practice 1. What was New England's cash balance at the end of the year? 2. 2-In Trey's December 31, 2005 Balance Sheet, what amount should be reported as total current assets? 3. Noncash financing and investing activity reported in a separate schedule. 4. 4-Which of the following transactions is included in the operating activities section of a cash flow statement prepared using the indirect method?
ACC 421 Week 4 Individual Assignment Full Disclosure Paper (2 Paper) • FOR MORE CLASSES VISIT • www.acc421genius.com • 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. Explain the need for full disclosure in financial reporting. Identify possible consequences of failing to properly disclose
ACC 421 Week 4 Individual WileyPLUS E5-13, E5-16, E23-2, E23-11, E23-12 • CheckPoint: Findwhat.com Case • Resources:Ch. 5 of Understanding Financial Statements, and Exhibit 5.1: A Checklist for Earnings Quality on p. 153 (Ch. 5) • Compose a 200- to 300-word response to the Findwhat.com Case on p. 188 (Ch. 5). • Refer to the checklist, Exhibit 1, on p. 153 (Ch. 5) for assistance with identifying quality issues.
ACC 421 Week 4 Team Assignment P5-3, CA24-2, P24-2, P24-3 • FOR MORE CLASSES VISIT • www.acc421genius.com • 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. 3. The amount of the
ACC 421 Week 5 CPA Practice • FOR MORE CLASSES VISIT • www.acc421genius.com • ACC 421 Week 5 CPA Practice Question 1: In its December 31, 2005, balance sheet, what amount should Chang report as note receivable? Question 2: On Bart's December 31, 2005 balance sheet, the note payable to Fell was Question 3: Which of the following transactions would require the use of the present value of an annuity due concept in order to calculate the present value of the asset obtained or liability owed at the date of incurrence?
ACC 421 WEEK 5 INDIVIDUAL ASSIGNMENT STATEMENT OF CASH FLOWS PAPER (2 Papers) • FOR MORE CLASSES VISIT • www.acc421genius.com • 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.
ACC 421 Week 5 Individual WileyPLUS E6-1, E6-2, E6-8, P6-2 • FOR MORE CLASSES VISIT • www.acc421genius.com • Complete the following Week Five Assignment in WileyPLUS: • Exercise 6-1 • Exercise 6-2 • Exercise 6-8 • Problem 6-2
ACC 421 Week 5 Team Assignment P6-7, P5-7, P23-7, P23-8 • FOR MORE CLASSES VISIT • www.acc421genius.com • 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 (b) Dubois Inc. has completed the purchase of new Dell computers. The fair value of the equipment is$824,150. The purchase agreement specifies an immediate down payment of $200,000 (c) Dubois Inc. loans money to John Kruk Corporation in the amount of $800,000.
ACC 421 GENIUS Your world-acc421genius.com FOR MORE CLASSES VISIT www.acc421genius.com