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acc 290 new courses Tutorial /uophelp

acc 290

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acc 290 new courses Tutorial /uophelp

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  1. ACC 290 NEW Course Tutorial For more course tutorials visit www.NEWhelp.com

  2. ACC 290 NEW Course Tutorial ACC 290 Final Exam Guide (New) ACC 290 Week 1 Discussion Question 1 • ACC 290 Finals • Question 1 • Jackson Company recorded the following cash transactions for the year: • ACC 290 Week One - DQ #1 • What are the four basic financial statements? What is the primary purpose of each of the four basic financial statements? In your opinion, which financial statement is the most important? Explain why. How would the financial statements be useful to managers and employees? How would the financial statements be useful to

  3. ACC 290 NEW Course Tutorial ACC 290 Week 1 Discussion Question 2 ACC 290 Week 1 Individual Assignment Financial Statements Paper • What are debits and credits? How are debits and credits used to record business transactions? Why do accountants debit asset accounts to increase them but credit liability accounts to increase them? Why do accountants debit expenses to increase them but credit revenues to increase them? • Individual - Financial Statements Paper - Prepare a 700 -1,050 word paper in which you identify the four basic financial statements. Describe the purpose of each of the four financial statements. Discuss how the financial statements would be useful to internal users, such as to managers and employees. Discuss how the financial

  4. ACC 290 NEW Course Tutorial ACC 290 Week 1 Practice Quiz(New) ACC 290 Week 1 Vocabulary Activity (New) • Current assets are expected to be converted to cash or consumed within the next year or the normal operating cycle, whichever is longer • WileyPLUS Assignment: Week 1 Vocabulary Activity • Resource: WileyPLUS • Complete the following Week 1 Assignment in WileyPLUS:

  5. ACC 290 NEW Course Tutorial ACC 290 Week 1 WileyPlus Assignment DI1-3, E1-3,E1-4, E2-4, IFRS2-4 (New) ACC 290 Week 2 Discussion Question 1 • WileyPLUS Assignment: Week 1 Assignment • Resource: WileyPLUS • Complete the following Week 1 Assignment in WileyPLUS: • • DO IT! 1-3 • What is the revenue recognition principle? What is the expense recognition principle? Why are they important to financial reporting? • What are adjusting entries and why are they necessary?

  6. ACC 290 NEW Course Tutorial ACC 290 Week 2 Discussion Question 2 ACC 290 Week 2 LT Reflection Summary • What accounts are subject to adjusting journal entries and why? • How would you explain the purpose of the adjusted trial balance? • Discuss the objectives for ACC 290 Week One. How do they relate to the practice of accounting and its uses in business? Identify the four basic financial statements. Classify transactions using the rules of debit and credit. Journalize basic transactions. Discuss how financial statements would be useful to external users such as

  7. ACC 290 NEW Course Tutorial ACC 290 Week 2 LT Reflection Summary (New) ACC 290 Week 2 Practice Quiz (New) • Discuss the objectives for ACC 290 Week Two. • What do you think will be the most important of the skills learned when you are in an accounting position? • Differentiate between accrual basis and cash basis of accounting. • Question 1 • Expenses decrease retained earnings. • Question 2 • During 2014, Gibson Company assets decreased $50,000 and its liabilities decreased $90,000. Its stockholders’

  8. ACC 290 NEW Course Tutorial ACC 290 Week 2 Vocabulary Activity (New) ACC 290 Week 2 WileyPlus Assignment BYP2-2, IFRS2-6, E3-4, E3-8, BYP 3-2, IFRS 3-2, P3-5, P3-6 (New) • WileyPLUS Assignment: Week 2 Vocabulary Activity • Resource: WileyPLUS • WileyPLUS Assignment: Week 2 Assignment • Resource: WileyPLUS

  9. ACC 290 NEW Course Tutorial ACC 290 Week 3 Discussion Question 1 ACC 290 Week 3 Discussion Question 2 • What are the steps in completing the accounting cycle? How do the different steps affect the financial statements? What is the effect on the financial statements of missing a step when completing the accounting cycle? What are the four closing journal entries? Why are they necessary? What are reversing entries? Why are they used? What • What are the pros and cons of using reversing entries? Why are reversing entries optional? What is the main purpose of a financial statement worksheet and its benefits? How has automation aided the preparation, accuracy,

  10. ACC 290 NEW Course Tutorial ACC 290 Week 3 LT Reflection Summary ACC 290 Week 3/4 Learning Team Financial Reporting Problem, Part 1 (**2 Different Papers**)(New) • Discuss the objectives for ACC 290 Week Two. What do you think will be the most important of the skills learned when you are in an accounting position? Differentiate between accrual basis and cash basis of • Financial Reporting Problem Part I • Browse the Internet to acquire a copy of the most recent annual report for a publicly traded company. Analyze the information contained in the company’s balance sheet and income statement to answer the following questions:

  11. ACC 290 NEW Course Tutorial ACC 290 Week 3 Practice Quiz (New) ACC 290 Week 3 Vocabulary Activity (New) • Question 1 • The revenue recognition principle dictates that revenue is recognized in the period in which the cash is received. • Question 2 • WileyPLUS Assignment: Week 3 Practice Quiz • Resource: WileyPLUS • Complete the following Week 3 Assignment in WileyPLUS:

  12. ACC 290 NEW Course Tutorial ACC 290 Week 3 WileyPlus Assignment BE4-1, P4-2A, P4-3A, BYP4- (New) ACC 290 Week 4 Discussion Question 1 • WileyPLUS Assignment: Week 3 Assignment • Resource: WileyPLUS • How would you calculate cost of goods sold? What items make up cost of goods sold? How does beginning and ending inventory affect cost of goods sold? What are the journal entries a merchandising organization would use to record the purchase and subsequent sale of merchandise? How would these transactions differ with a periodic

  13. ACC 290 NEW Course Tutorial ACC 290 Week 4 Discussion Question 2 ACC 290 Week 4 LT Reflection Summary • What are the three different inventory cost flow assumptions commonly used in commerce today and allowed by generally accepted accounting principles • Reflection and Financial Reporting Problem Part I. • Discuss the objectives for ACC 290

  14. ACC 290 NEW Course Tutorial ACC 290 Week 4/5 Individual Assignment Financial Reporting Problem Part II (**2 Different Papers**)(New) ACC 290 Week 4 Practice Quiz (New) • Financial Reporting Problem Part II • Access the internet to acquire a copy of the most recent annual report for the public traded company used to complete the Financial Reporting • Question 1 • A service company's operating cycle is ordinarily shorter than that of a merchandising company. • The operating cycle of a merchandising

  15. ACC 290 NEW Course Tutorial ACC 290 Week 4 Vocabulary Activity (New) ACC 290 Week 4 Wileyplus Assignment P4-8A, BYP5-1, BYP5-2, BE5-1, BE5-2, IFRS5-2, IFRS5-4, Do it 5-3, 5-4 (New) • WileyPLUS Assignment: Week 4 Vocabulary Activity • Resource: WileyPLUS • WileyPLUS Assignment: Week 4 Assignment • Resource: WileyPLUS • Complete the following Week 4 Assignment

  16. ACC 290 NEW Course Tutorial ACC 290 Week 5 Discussion Question 1 ACC 290 Week 5 IFRS Paper (New) • What is the control environment? How does the control environment affect a company’s internal controls? What are the negative and positive elements of a control environment? What are two examples of strong and weak internal controls in organizations • IFRS 2-1: In what ways does the format of a statement of financial of position under IFRS often differ from a balance sheet presented under GAAP?

  17. ACC 290 NEW Course Tutorial ACC 290 Week 5 Learning Team Reflection Summary (New) ACC 290 Week 5 WileyPlus Assignment BE6-5, BE6-7, BYP6-1, BYP6-2, BE7-4, BE7-6, BE5-1, BE5-2, BE7-5, E4-17, E4-18 (New) • Reflection and Financial Reporting Problem Part II. • Discuss the objectives for ACC 290 Week Four. In the wake of accounting scandals over the past several years, how has the Sarbanes-Oxley Act (SOX) of 2002 • WileyPLUS Assignment: Week 5 Assignment • Resource: WileyPLUS

  18. ACC 290 NEW Course Tutorial For more course tutorials visit www.NEWhelp.com

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