1 / 19

ACC 291 New help A Guide to career/uophelp.com

For more course tutorials visit<br>www.uophelp.com<br><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

Banana172
Download Presentation

ACC 291 New help A Guide to career/uophelp.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 291 New help A Guide to career/uophelp.com For more course tutorials visit www.uophelp.com

  2. ACC 291 Final Exam Guide (New) For more course tutorials visit www.uophelp.com 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? IFRS Multiple Choice Question 01 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?

  3. ACC 291 Final Exam Guide (New, 2017) For more course tutorials visit www.uophelp.com 1. The term “receivables” refers to cash to be paid to debtors. merchandise to be collected from individuals or companies. cash to be paid to creditors. amounts due from individuals or companies.:

  4. ACC 291 Final Exam Guide For more course tutorials visit www.uophelp.com 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? IFRS Multiple Choice Question 01 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

  5. ACC 291 Week 1 Assignment Comparative Analysis Problem For more course tutorials visit www.uophelp.com Purpose of Assignment The purpose of this assignment is to help you understand the basics of financial statement analysis using financial ratios on the assets section of the balance sheet, data interpretation, and how ratios are used to gain insight about the management of receivable. Assignment Steps

  6. ACC 291 Week 1 Wileyplus Assignment E8-4, E8-11, BYP8-1, and BYP8-2 (New) For more course tutorials visit www.uophelp.com 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 • Broadening your Perspective 8-1 Tootsie Roll • Broadening your Perspective 8-2 Tootsie Roll and Hershey

  7. ACC 291 Week 2 Assignment Financial Reporting Problem, Apple Inc For more course tutorials visit www.uophelp.com Purpose of Assignment The purpose of this assignment is to help you understand the basics of financial statement analysis related to the assets section of the balance sheet, data interpretation, and how financial information is obtained to understand how a company accounts for its long-lived assets. Assignment Steps

  8. ACC 291 Week 2 Fordyce and Atwater (New) For more course tutorials visit www.uophelp.com ACC 291 Week 2 - Fordyce and Atwater 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 semiannualinstallment payments, exclusive of real estate taxes and insurance, of $29,433. Payments are due June 30 and December 31. Complete the installment payments schedule for the first 2 years. (Round answers to 0 decimal places, e.g. 125. Use rounded amounts for future calculations.)

  9. ACC 291 Week 2 Textbook Exercise BE 8-8, E8-4, E8-14, E9-4 For more course tutorials visit www.uophelp.com ACC 291 Week 2 Textbook Exercise BE 8-8, E8-4, E8-14, E9-4 Chapter 8: BE8-8 Determine maturity dates and compute interest and rates on notes. E8-4 The ledger of Macarty Company at the end of the current year shows Accounts Receivable $78,000, Credit Sales $810,000, and Sales Returns and Allowances $40,000.

  10. ACC 291 Week 2 Wileyplus Assignment P8-3A, BE9-11, DI9-5, E9-7, E9-8, BYP9, P9-2A (New) For more course tutorials visit www.uophelp.com 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 • Exercise 9-7: Wang, Co. • Exercise 9-8: Cleand Company

  11. ACC 291 Week 3 Assignment The Liabilities Section of O’Brian’s Balance Sheet For more course tutorials visit www.uophelp.com Purpose of Assignment The purpose of this assignment is to help you understand the balance sheet presentation for the liabilities of a company. Assignment Steps

  12. ACC 291 Week 3 Exercise BE 1-2, BE 10-3, BE 10-4, BE 10-5, BE 10-14 For more course tutorials visit www.uophelp.com BE 1-2, BE 10-3, BE 10-4, BE 10-5, BE 10-14 BRIEF EXERCISES Prepare entries for an interest‐bearing note payable. BE10-2 Hive Company borrows $90,000 on July 1 from the bank by signing a $90,000, 7%, 1‐year note payable. Prepare the journal entries to record (a) the proceeds of the note and (b) accrued interest at December 31, assuming adjusting entries are made only at the end of the year.

  13. 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) For more course tutorials visit www.uophelp.com 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 • Exercise 10-22: Cole Corporation • Exercise 10-24: Nance, Co.

  14. ACC 291 Week 4 Exercise E11-2, E11-5, E11-7, E11-13 For more course tutorials visit www.uophelp.com Journalize issuance of common stock and preferred stock and purchase of treasury stock. E11-2 Sagan Co. had these transactions during the current period. June 12 Issued 80,000 shares of $1 par value common stock for cash of $300,000. July  11 Issued 3,000 shares of $100 par value preferred stock for cash at $106 per share. Nov. 28 Purchased 2,000 shares of treasury stock for $9,000.

  15. ACC 291 WEEK 4 Stockholders’ Equity Section of the Balance Sheet (Lachlin Corporation Balance Sheet) For more course tutorials visit www.uophelp.com Purpose of Assignment The purpose of this assignment is to help you become familiar with examining the stockholders' equity section of the balance sheet. Assignment Steps

  16. ACC 291 Week 5 Assignment Financial Reporting Problem II For more course tutorials visit www.uophelp.com Purpose of Assignment The purpose of this assignment is to expose you to the basic process involved in the analysis of the cash flow statement. Assignment Steps Resources: Appendix A of Financial Accounting: Tools for Business Decision Making Note: This is a two part assignment.

  17. ACC 291 Week 5 Exercise E12-3, E12-10 For more course tutorials visit www.uophelp.com Prepare the operating activities section—indirect method. E12-3 Sosa Company reported net income of $190,000 for 2017. Sosa also reported depreciation expense of $35,000 and a loss of $5,000 on the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $15,000 for the year, a $17,000 increase in accounts payable, and a $4,000 increase in prepaid expenses. Instructions

  18. 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) For more course tutorials visit www.uophelp.com • 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 • Problem 12-9A

  19. ACC 291 New help A Guide to career/uophelp.com For more course tutorials visit www.uophelp.com

More Related