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For more course tutorials visitwww.tutorialrank.comACC 304 Final Exam Part 1 (3 Sets) 11) 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.What is the compensation expense recorded by Swing High Inc.?2) The interest rate written in the terms of the bond indenture is known as the3) Which of the following methods of amortization is normally used for intangible assets?

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ACC 304 Course Great Wisdom / tutorialrank.com

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ACC 304 Final Exam Part 1 (3 Sets)

ACC 304 Week 1 Chapter 8 Homework

• ACC 304 Final Exam Part 1 (3 Sets) 11) 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 mployee purchased six shares.

• 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.

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

ACC 304 Week 4 Chapter 11 Homework

• 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.

• TRUE FALSE—Conceptual

• ACC 304 Week 4 Chapter 11 Homework1) 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.2) Compute 2014 depreciation expense using the double-declining-balance method.

• .

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ACC 304 Week 5 Midterm Part 1 (Set 1)

ACC 304 Week 5 Midterm Part 2

• The book value of a plant asset is

• The asset turnover ratio is computed by dividing

• On September 19, 2014, Markham Co. purchased machinery for \$285,000.

• 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.

• a) Calculate depreciation expense for 2014 and 2015 by double-declining balance

• b) Calculate depreciation expense for 2014 and 2015 by sum-of-the-years-digits

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ACC 304 Week 6 Chapter 12 Homework

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

• 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

• 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.

• TRUE-FALSE—Conceptual

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ACC 304 Week 7 Chapter 13 Homework

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

• 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 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

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ACC 304 Week 8 Chapter 14 Homework

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

• 11) 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 Week 9 Quiz – Strayer NEW

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

• CURRENT LIABILITIES AND CONTINGENCIES

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ACC 304 Week 9 Chapter 15 Homework

ACC 304 Week 10 Chapter 16 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.

• 1)      Archer Inc. issued \$4,461,300 par value, 7% convertible bonds at 99 for cash. If the bonds had not included the conversion feature, they would have sold for 95.

• Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent

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