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For more course tutorials visitwww.uophelp.comThis Tutorial contains 3 Set of Finals ACC 304 Final Exam Part 1 (3 Sets) 1 1) Swing High Inc. offers its 100 employees to participate in an employee share-purchase plan. Under the terms of plan, employees are entitled to purchase 10 shares at 10% discount. The par values of shares were $10. Overall, 60 employees accepted the offer and each employee purchased six shares. The market price on purchase date was $100.

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ACC 304 Seek Your Dream/Uophelp.com

For more course tutorials visit

www.uophelp.com


ACC 304 Seek Your Dream/Uophelp.com

ACC 304 Final Exam Part 1 (3 Sets)

For more course tutorials visit

www.uophelp.com

This Tutorial contains 3 Set of Finals

ACC 304 Final Exam Part 1 (3 Sets) 1


ACC 304 Seek Your Dream/Uophelp.com

ACC 304 Final Exam Part 2 (2 Sets)

For more course tutorials visit

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ACC 304 Final Exam Part 2 (2 Sets) 1


ACC 304 Seek Your Dream/Uophelp.com

ACC 304 Week 1 Chapter 8 Homework

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ACC 304 Week 1 Chapter 8 Homework

1) Matlock Company uses a perpetual inventory system. Its beginning inventory consists 50 units that cost $34 each. During June , (1) the company purchased units at $34 each, (2) returned 6 units for credit ,and (3) sold 125 unit at $50 each. Journalize the June transactions.


ACC 304 Seek Your Dream/Uophelp.com

ACC 304 Week 2 Chapter 8 Quiz (All Possible Questions)

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ACC 304 Week 2 Quiz – Strayer NEW

CHAPTER 8

VALUATION OF INVENTORIES:A COST-BASIS APPROACH

IFRS questions are available at the end of this chapter.


ACC 304 Seek Your Dream/Uophelp.com

ACC 304 Week 2 Chapter 9 Homework

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ACC 304 Week 2 Chapter 9 Homework

1) Floyd Corporation has the following four items in its ending inventory. Determine the final lower-of-cost-or-market inventory value for each item.


ACC 304 Seek Your Dream/Uophelp.com

ACC 304 Week 3 Chapter 9 Quiz (All Possible Questions)

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1. A company should abandon the historical cost principle when the future utility of the inventory item falls below its original cost.


ACC 304 Seek Your Dream/Uophelp.com

ACC 304 Week 3 Chapter 10 Homework

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ACC 304 Week 3 Homework (Chapter 10)

1) Hanson Company is constructing a building. Construction begins on February 1 and was completed on December 31. Expenditure were $1,800,000 on march 1, $1,200,000 on June 1, and $3,000,000 on December 31. Compute Hanson’s weighted-average accumulated expenditure for interest capitalization purposes.


ACC 304 Seek Your Dream/Uophelp.com

ACC 304 Week 3 Chapter 10 Homework

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ACC 304 Week 3 Homework (Chapter 10)

1) Hanson Company is constructing a building. Construction begins on February 1 and was completed on December 31. Expenditure were $1,800,000 on march 1, $1,200,000 on June 1, and $3,000,000 on December 31. Compute Hanson’s weighted-average accumulated expenditure for interest capitalization purposes.


ACC 304 Seek Your Dream/Uophelp.com

ACC 304 Week 4 Chapter 11 Homework

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ACC 304 Week 4 Chapter 11 Homework

1) Lockard Company purchased machinery on January 1, 2014, for $102,960. The machinery is estimated to have a salvage value of $10,296 after a useful life of 8 years.


ACC 304 Seek Your Dream/Uophelp.com

ACC 304 Week 5 Midterm Part 1 (Set 1)

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1. The book value of a plant asset is

2.

The asset turnover ratio is computed by dividing

3.

On September 19, 2014, Markham Co. purchased machinery for $285,000. Salvage value was estimated to be $15,000. The machinery will be depreciated over eight years using the sum-of-the-years'-digits method. If depreciation is computed on the basis of the nearest full month, Markham should record depreciation expense for 2015 on this machinery of


ACC 304 Seek Your Dream/Uophelp.com

ACC 304 Week 5 Midterm Part 1 (Set 2)

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Multiple Choice Question 90

If Labor, Inc. uses the composite method and its composite rate is 7.5% per year, what entry should it make when plant assets that originally cost $80,000 and have been used for 10 years are sold for $24,000?


ACC 304 Seek Your Dream/Uophelp.com

ACC 304 Week 5 Midterm Part 1 (Set 3)

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ACC 304 Week 5 Midterm Part 1 (Set 3)

1) Tongas Company applies revaluation accounting to plant assets with a carrying value of $1,600,000, a useful life of 4 years, and no salvage value. Depreciation is calculated on the straight-line basis. At the end of year 1, independent appraisers determine that the asset has a fair value of $1,500,000.


ACC 304 Seek Your Dream/Uophelp.com

ACC 304 Week 5 Midterm Part 2

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ACC 304 Week 5 Midterm Part 2

1) 1) A machine which cost $300,000 is acquired on October1, 2014. Its estimated salvage value is $30,000 and its expected life is eight years.


ACC 304 Seek Your Dream/Uophelp.com

ACC 304 Week 6 Chapter 12 Homework

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ACC 304 Week 6 Chapter 12 Homework

1) Waters Corporation purchased Johnson Company 3 years ago and at that time recorded goodwill of $400,000. The Johnson Division’s net assets, including the good well, have a carrying amount of $800,000. The fair value of the division is estimated to be $1,000,000.prepare Water’s journal entry to record impairment of the goodwill.


ACC 304 Seek Your Dream/Uophelp.com

ACC 304 Week 7 Chapter 12 Quiz (All Possible Questions)

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ACC 304 Week 7 Quiz – Strayer NEW

Week 7 Quiz 4: Chapter 12

INTANGIBLE ASSETS

IFRS questions are available at the end of this chapter.


ACC 304 Seek Your Dream/Uophelp.com

ACC 304 Week 7 Chapter 13 Homework

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ACC 304 Week 7 Chapter 13 Homework

1) Takemoto Corporation borrowed $64,850 on November 1, 2014, by signing a $68,450, 3-month, zero-interest-bearing note. Prepare Takemoto’s November 1, 2014, entry; the December 31, 2014, annual adjusting entry; and the February 1, 2015, entry. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)


ACC 304 Seek Your Dream/Uophelp.com

ACC 304 Week 8 Assignment 1 Delta Airlines Property, Plant, And Equipment

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ACC 304 WEEK 8 ASSIGNMENT 1 DELTA AIRLINES PROPERTY, PLANT, AND EQUIPMENT

Assignment 1: Delta Airlines Property, Plant, and Equipment

Due Week 8 and worth 200 points


ACC 304 Seek Your Dream/Uophelp.com

ACC 304 Week 8 Chapter 14 Homework

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ACC 304 Week 8 Chapter 14 Homework

1) Teton Corporation issued $704,000 of 9% bonds on November 1, 2014, for $745,018. The bonds were dated November 1, 2014, and mature in 8 years, with interest payable each May 1 and November 1. Teton uses the effective-interest method with an effective rate of 8%.


ACC 304 Seek Your Dream/Uophelp.com

ACC 304 Week 9 Chapter 13 and Chapter 14 Quiz (All Possible Questions)

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ACC 304 Week 9 Quiz – Strayer NEW

Week 9 Quiz 5: Chapter 13, Quiz 6: Chapter 14


ACC 304 Seek Your Dream/Uophelp.com

ACC 304 Week 9 Chapter 15 Homework

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ACC 304 Week 9 Chapter 15 Homework

1) Ravonette Corporation issued 375 shares of $14 par value common stock and 128 shares of $51 par value preferred stock for a lump sum of $17,118. The common stock has a market price of $20 per share, and the preferred stock has a market price of $90 per share.


ACC 304 Seek Your Dream/Uophelp.com

ACC 304 Week 10 Chapter 15 Quiz (All Possible Questions)

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ACC 304 Week 10 Quiz – Strayer NEW

Week 10 Quiz 7: Chapter 15

STOCKHOLDERS’ EQUITY

IFRS questions are available at the end of this chapter


ACC 304 Seek Your Dream/Uophelp.com

ACC 304 Week 10 Chapter 16 Homework

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ACC 304 Week 10 Chapter 16 Homework


ACC 304 Seek Your Dream/Uophelp.com

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