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ACC 423 MART Making Decisions -acc423mart.com

FOR MORE CLASSES VISIT<br>www.acc423mart.com<br><br>ACC 423 Week 1 Discussion Question 1<br>ACC 423 Week 1 Discussion Question 2<br>ACC 423 Week 1 DQ (New)<br>ACC 423 Week 1 Individual Assignment Owners Equity Paper<br>ACC 423 Week 2 Discussion Question 1<br>

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ACC 423 MART Making Decisions -acc423mart.com

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  1. ACC 423 MART Making Decisions -acc423mart.com FOR MORE CLASSES VISIT www.acc423mart.com

  2. ACC 423 Entire Course • ACC 423 Week 1 Discussion Question 1 • ACC 423 Week 1 Discussion Question 2 • ACC 423 Week 1 DQ (New) • ACC 423 Week 1 Individual Assignment Owners Equity Paper • ACC 423 Week 2 Discussion Question 1 • ACC 423 Week 2 Discussion Question 2

  3. ACC 423 Final Exam Guide 1 • FOR MORE CLASSES VISIT • www.acc423mart.com • Question 1 Buttercup Corporation issued 250 shares of $11 par value common stock for $4,125. Prepare Buttercup’ journal entry. Question 2 Wilco Corporation has the following account balances at December 31, 2012.Common stock, $5 par value $511,670Treasury stock 95,260Retained earnings 2,400,840Paid-in capital in excess of par 1,320,150Prepare Wilco’s December 31, 2012, stockholders’ equity section Question 3 Woolford Inc. declared a cash dividend of $1.38 per share

  4. ACC 423 Final Exam Guide 2 • FOR MORE CLASSES VISIT • www.acc423mart.com • 1) When the cash proceeds from a bond issued with detachable stock warrants exceed the sum of the par value of the bonds and the fair market value of the warrants, the excess should be credited to A. premium on bonds payable. B. retained earnings. C. a liability account. D. additional paid-in capital from stock warrants. 2) The conversion of preferred stock may be recorded by the A. par value method. B. book value method. C. market value method. D. incremental method.

  5. ACC 423 Week 1 Discussion Question 1 • FOR MORE CLASSES VISIT • www.acc423mart.com • Why do companies offer stock options?  What is the experience of either your organization or an organization that you are familiar with when it comes to stock option compensation?  Should stock option compensation be included as an expense when calculating an organization’s net income?  Explain why or why not. If so, how should the amount of expense be calculated?

  6. ACC 423 Week 1 Discussion Question 2 • FOR MORE CLASSES VISIT • www.acc423mart.com • What are the differences between basic and diluted earnings per share?  What are the differences between the numerator and the denominator in the basic and diluted earnings per share calculations?  What actions can an organization take in order to improve their earnings per share?  What is the experience of either your organization or an organization that you are familiar with when it comes to any of these actions?  As an investor, do you evaluate a company as a potential investment using basic or diluted earnings per share? Explain why.

  7. ACC 423 Week 1 DQ (New) • FOR MORE CLASSES VISIT • www.acc423mart.com • Why do companies offer stock options? Should stock-option compensation be included as an expense when calculating an organization's net income? Explain why or why not. if so, how should the amount of expense be calculated?

  8. ACC 423 Week 1 Individual Assignment Owners Equity Paper • FOR MORE CLASSES VISIT • www.acc423mart.com • Resources: Intermediate Accounting and Electronic Reserve Readings • Prepare a 700- to 1,050-word response to the following questions: • ·         Why is it important to keep paid-in capital separate from earned capital? • ·         As an investor, is paid-in capital or earned capital more important? Explain why.

  9. ACC 423 Week 1 Summary • FOR MORE CLASSES VISIT • www.acc423mart.com • Discuss the objectives for Week One. How do they relate to the practice of accounting and its uses in business? Distinguish between paid-in and earned capital. Record journal entries related to common, preferred, and treasury stock. Record journal entries related to the various types of dividends. Calculate basic and diluted earnings per share (EPS). Evaluate the various accounting treatments for stock compensation. Write a 350- to 500-word summary of your Learning Team’s discussion. Click the Assignment Files tab to submit your assignment.

  10. ACC 423 Week 2 Discussion Question 1 • FOR MORE CLASSES VISIT • www.acc423mart.com • What are the differences between traditional and derivative instruments? Why do companies use derivative instruments? Explain whether or not derivatives are a good investment.  What experience do you have with either traditional or derivative instruments in your organization or an organization that you are familiar with?

  11. ACC 423 Week 2 Discussion Question 2 • FOR MORE CLASSES VISIT • www.acc423mart.com • Why do companies make investments in other companies? What are the differences between debt and equity investments? What is the experience of either your organization or an organization that you are familiar with when it comes to debt and/or equity investments?

  12. ACC 423 Week 2 DQ (New) • FOR MORE CLASSES VISIT • www.acc423mart.com • What are the differences between traditional and derivative instruments? Why do companies use derivative instruments? Are derivatives a good investment? Explain why or why not. • Why do companies make investments in other companies? What are the differences between debt and equity investments? What would influence a company to choose equity or debt as an investment?

  13. ACC 423 Week 2 Individual WileyPLUS Assignment E15-13 (a,b) , P15-1 , E16-20 , P16-7 • FOR MORE CLASSES VISIT • www.acc423mart.com • Resource: Intermediate Accounting • Prepare written responses to the following assignments from the text: • ·         Ch.15: Excercise E15-13 (a&b) and Problem P15-1 • Ch.16: Exercise E16-20 and Problem P16-7

  14. ACC 423 Week 2 Learning Team Assignment P15-3 , P16-6 , P16-8 And CA16-4 • FOR MORE CLASSES VISIT • www.acc423mart.com • Resource: Intermediate Accounting • Prepare written responses to the following assignments from the text: • ·         Ch. 15: Problem P15-3

  15. ACC 423 Week 2 Learning Team Reflection • FOR MORE CLASSES VISIT • www.acc423mart.com • Discuss the objectives for Week One. How do they relate to the practice of accounting and its uses in business? • Distinguish between paid-in and earned capital. • Record journal entries related to common, preferred, and treasury stock. • Record journal entries related to the various types of dividends.

  16. ACC 423 Week 2 Team Assignment (Concepts for Analysis CA16-4) (New) • FOR MORE CLASSES VISIT • www.acc423mart.com • Prepare written responses to the following assignments from Ch. 16 ofIntermediate Accounting: • Concepts for Analysis CA16-4 • Click the Assignment Files tab to submit your assignment

  17. ACC 423 Week 3 Discussion Question 1 • FOR MORE CLASSES VISIT • www.acc423mart.com • Why are there differences between taxable and financial income? What are some examples of permanent and temporary differences? Why do these differences exist? How do they affect the financial statements?  What experience do you have with either taxable and financial income and/or permanent and temporary differences in your organization or an organization that you are familiar with?

  18. ACC 423 Week 3 Discussion Question 2 • FOR MORE CLASSES VISIT • www.acc423mart.com • How are the tax benefits of net operating losses (NOL) disclosed on financial statements? Which is more beneficial to an organization, an NOL carryforward or an NOL carryback? Explain why. What experience do you have with NOL in your organization or an organization that you are familiar with?  When would a company decide to forego a NOL carryback

  19. ACC 423 Week 3 DQ (New) • FOR MORE CLASSES VISIT • www.acc423mart.com • Why are there between taxable and financial income? What are some example of payment and temporary differences? Why do these differences exist? How do they affect financial statements.” • “How they deferred tax assets and deferred tax liabilities derived?

  20. ACC 423 Week 3 Individual WileyPLUS Assignment Exercise E17-7 , E17-12 , Problem P17-3 And P17-8 (a c) • FOR MORE CLASSES VISIT • www.acc423mart.com • Resource: Intermediate Accounting • Prepare written responses to the following assignments from the text: • Ch. 17: Exercises E17-7 & E17-12 and Problems P17-3 & P17-8 (a&c)

  21. ACC 423 Week 3 Learning Team Assignment from the Text (CA 17-1)(New) • FOR MORE CLASSES VISIT • www.acc423mart.com • Prepare written responses to the following assignments from Ch. 17 of Intermediate Accounting: • Concepts for Analysis CA17-1 • Click the Assignment Files tab to submit your assignment.

  22. ACC 423 Week 3 Learning Team Assignment P17 -1 And P17 - 9 • FOR MORE CLASSES VISIT • www.acc423mart.com • Resource: Intermediate Accounting • Prepare written responses to the following assignments from the text: • Ch.17: Problems P17-1 & P17-9

  23. ACC 423 Week 3 Learning Team Reflection • FOR MORE CLASSES VISIT • www.acc423mart.com • Discuss the objectives for Week Two. How do they relate to the practice of accounting and its uses in business? • Distinguish between debt and equity investments. • Classify securities as available-for-sale, held-to-maturity, or trading.

  24. ACC 423 Week 4 Discussion Question 1 • FOR MORE CLASSES VISIT • www.acc423mart.com • What are the differences and similarities between a defined contribution plan and a defined benefit plan? As an employee, explain why you would rather have a defined contribution plan or a defined benefit plan? What experience do you have with pension plans in your organization or an organization that you are familiar with?  As an employer, explain why you would rather offer a defined contribution plan or a defined benefit plan to your employees?

  25. ACC 423 Week 4 Discussion Question 2 • FOR MORE CLASSES VISIT • www.acc423mart.com • What are the components of pension expense? How do the components of pension expense differ among the various types of contribution and benefit plans? How is the interest rate determined? Why are prior service costs amortized? Based on your knowledge of the components of pension, what would make you more or less likely to invest in a company? 

  26. ACC 423 Week 4 DQ (New) • FOR MORE CLASSES VISIT • www.acc423mart.com • What are the differences and similarities between a defined contribution plan and a defined benefit plan? As an employee, would you rather have defined contribution plan or a defined benefit plan? Explain your answer. As an employer, would you rather offer a defined contribution plan or a defined benefit plan? Explain answer.

  27. ACC 423 Week 4 Individual WileyPLUS Assignment Exercise E19-6, 19-9 , Problem P19-1 And P19-3 • FOR MORE CLASSES VISIT • www.acc423mart.com • Resource: Intermediate Accounting • Prepare written responses to the following assignments from the text: • Ch. 19: Exercises E19-6 &E19-9 and Problems P19-1&P19-3

  28. ACC 423 Week 4 Learning Team Assignment P19 - 2 And P19 - • FOR MORE CLASSES VISIT • www.acc423mart.com • Resource: Intermediate Accounting • Prepare written responses to the following assignments from the text: • Ch.19: Problems P19-2& P19-7

  29. ACC 423 Week 4 Learning Team Reflection • FOR MORE CLASSES VISIT • www.acc423mart.com • Discuss the objectives for Week Three. How do they relate to the practice of accounting and its uses in business? • Differentiate between temporary and permanent differences. • Calculate current and deferred tax assets and liabilities.

  30. ACC 423 Week 5 Discussion Question 1 • FOR MORE CLASSES VISIT • www.acc423mart.com • What is a change in accounting principle? How do you determine if a change in principle should be reported retroactively, currently, or prospectively? How do these changes affect the financial statements?  What experience do you have with change in accounting principle in your organization or an organization you are familiar with?

  31. ACC 423 Week 5 Discussion Question 2 • FOR MORE CLASSES VISIT • www.acc423mart.com • What are the differences between counterbalancing and noncounterbalancing errors? What are some examples of counterbalancing and noncounterbalancing errors? How are each handled? What experience do you have with counterbalancing and/or noncounterbalancing errors in your organization or an organization that you are familiar with?  Does it matter if the books are closed? Explain why or why not.

  32. ACC 423 Week 5 DQ (New) • FOR MORE CLASSES VISIT • www.acc423mart.com • What is a change in accounting principle? How do you determinate if a change in principle should be reported retroactively, currently or prospectively? How do these changes affect financial statements?

  33. ACC 423 Week 5 Individual WileyPLUS Assignment Exercise E20-7, Problem P20-4, Exercise E22-19, Problem P22-6 • FOR MORE CLASSES VISIT • www.acc423mart.com • Resource:Intermediate Accounting • Preparewritten responses to the following assignments from the text: • ·         Ch.20: Exercise E20-7 and Problem P20-4 • Ch.22: Exercise E22-19 ad Problem P22-6

  34. ACC 423 Week 5 Learning Team Assignment P20 - 8 And P22 - 3 • FOR MORE CLASSES VISIT • www.acc423mart.com • Resource:Intermediate Accounting • Preparewritten responses to the following assignments from the text: • ·         Ch.20: Problem P20-8 • Ch.22: Problem P22-3

  35. ACC 423 MART Making Decisions -acc423mart.com FOR MORE CLASSES VISIT www.acc423mart.com

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