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ACC 205 Course Tutorial / tutorialrank

ASHFORD ACC 205 Entire Course For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 4 Times, Rating: A ASHFORD ACC 205 Week 1 Assignment P2-53B Correcting errors in a trial balance ASHFORD ACC 205 Week 1 DQ 1 Ethical Issues ASHFORD ACC 205 Week 1 DQ 2 Debit and Credit ASHFORD ACC 205 Week 2 Assignment P3-32A, P3-33A, E4-21, P4-25A ASHFORD ACC 205 Week 2 DQ 1 Ethical Issue 3-1 ASHFORD ACC 205 Week 2 DQ 2 Adjusting Entries ASHFORD ACC 205 Week 3 Assignment E5-16 ,E6-23 ,E6-28, P5-29A ASHFORD ACC 205 Week 3 DQ 1 Ethical Issue 5-1 ASHFORD ACC 205 Week 3 DQ 2 FIFO and LIFO ASHFORD ACC 205 Week 4 Assignment P7-31A, P8-32A, P8-26A, P8-27A, P7-27A ASHFORD ACC 205 Week 4 DQ 1 Fraud Case 7-1 ASHFORD ACC 205 Week 4 DQ 2 Bad Debts ASHFORD ACC 205 Week 5 Assignment P10-18A ,E9-24, E9-21, P9-28A, P10-15A ASHFORD ACC 205 Week 5 DQ 1 Fraud Case 9-1 ASHFORD ACC 205 Week 5 DQ 2 Current Liabilities ASHFORD ACC 205 Week 5 Final Paper

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ACC 205 Course Tutorial / tutorialrank

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  1. ACC 205 Course Tutorial For more course tutorials visit www.tutorialrank.com

  2. ACC 205 Course Tutorial ASHFORD ACC 205 Entire Course ASHFORD ACC 205 Week 1 Assignment P2-53B Correcting errors in a trial balance The trial balance for Treasure Hunt Exploration Company does not balance.                       Treasure Hunt Exploration Company                         Trial Balance               July 31, 2012               Cash    6,600 Accounts receivable     9,000 Supplies            200     Exploration equipment             22,600            Computers        46,000            Accounts payable                     2,900 Note payable                18,900 Common stock                         50,100 Dividends        1,000 Service revenue                        4,900 Salary expense             1,800 Rent expense    100     Advertising expense    100     Utilities expense           700     Total     $88,100           $76,800 The following errors were detected:               a.  The cash balance is overstated by $1,000.             b.  Rent expense of $300 was erroneously posted as a credit rather than a debit.                 c.  A $6,000 credit to Service revenue was not posted.                     d.  A $500 debit to Accounts receivable was posted as $50.             e.  The balance of Utilities expense is understated by $90.                f.  A $600 purchase of supplies on account was neither journalized nor posted.                   g.  Exploration equipment should be $17,160.            • ASHFORD ACC 205 Week 1 Assignment P2-53B Correcting errors in a trial balance • ASHFORD ACC 205 Week 1 DQ 1 Ethical Issues • ASHFORD ACC 205 Week 1 DQ 2 Debit and Credit • ASHFORD ACC 205 Week 2 Assignment P3-32A, P3-33A, E4-21, P4-25A • ASHFORD ACC 205 Week 2 DQ 1 Ethical Issue 3-1 • ASHFORD ACC 205 Week 2 DQ 2 Adjusting Entries • ASHFORD ACC 205 Week 3 Assignment E5-16 ,E6-23 ,E6-28, P5-29A • ASHFORD ACC 205 Week 3 DQ 1 Ethical Issue 5-1 • ASHFORD ACC 205 Week 3 DQ 2 FIFO and LIFO • ASHFORD ACC 205 Week 4 Assignment P7-31A, P8-32A, P8-26A, P8-27A, P7-27A • ASHFORD ACC 205 Week 4 DQ 1 Fraud Case 7-1 • ASHFORD ACC 205 Week 4 DQ 2 Bad Debts • ASHFORD ACC 205 Week 5 Assignment P10-18A ,E9-24, E9-21, P9-28A, P10-15A • ASHFORD ACC 205 Week 5 DQ 1 Fraud Case 9-1 • ASHFORD ACC 205 Week 5 DQ 2 Current Liabilities • ASHFORD ACC 205 Week 5 Final Paper

  3. ACC 205 Course Tutorial ASHFORD ACC 205 Week 1 DQ 1 Ethical Issues ASHFORD ACC 205 Week 1 DQ 2 Debit and Credit Define the terms “debit” and “credit”.  Explain how debits and credits affect the following:  assets, liabilities, owner’s capital account, revenues and expenses.  Respond to at least two of your c • What is the fundamental ethical issue in this situation?How do the two suggestions of the company owner differ?

  4. ACC 205 Course Tutorial ASHFORD ACC 205 Week 2 Assignment P3-32A, P3-33A, E4-21, P4-25A ASHFORD ACC 205 Week 2 DQ 1 Ethical Issue 3-1 From Chapter 3, Ethical Issue 3-1 Compute the overall effects of these transaction o the store’s reported income 2014. Why is Steinbach taking this action? Is his action ethical? Give your reason, identifying the parties helped and the parties harmed by Steinbach’s action.  As a personal friend, what advice would you give the accountant?  • ACC 205 Week 2 Assignment P3-32A, P3-33A, E4-21, P4-25A

  5. ACC 205 Course Tutorial ASHFORD ACC 205 Week 2 DQ 2 Adjusting Entries ASHFORD ACC 205 Week 3 Assignment E5-16 ,E6-23 ,E6-28, P5-29A ASHFORD ACC 205 Week 3 Assignment E5-16 ,E6-23 ,E6-28, P5-29A • Explain the purpose of adjusting entries. How is net income affected if adjusting entries are not made? Describe the four closing entries and explain their purpose. Respond to at least two

  6. ACC 205 Course Tutorial ASHFORD ACC 205 Week 3 DQ 1 Ethical Issue 5-1 ASHFORD ACC 205 Week 3 DQ 2 FIFO and LIFO Describe the inventory valuation methods FIFO and LIFO.  Which items are included in ending inventory under each method?  Respond to at least two of your classmates’ postings.  • From Chapter 5, Ethical Issue 5-1 • Under Dobbs’ FOB policy, when should the company record a sale? • Do you approve or disapprove of Dobbs’ manner of deciding when to ship goods to customers and record the sales revenue? If you approve, give your reason. If you disapprove, identify a better way to decide when to ship goods. 

  7. ACC 205 Course Tutorial ASHFORD ACC 205 Week 4 Assignment P7-31A, P8-32A, P8-26A, P8-27A, P7-27A ASHFORD ACC 205 Week 4 DQ 1 Fraud Case 7-1 Fraud Case 7-1. What was the key control weakness in this case?  Many small businesses cannot afford to hire enough people for adequate separation of duties. What can they do to compensate for this? • ASHFORD ACC 205 Week 4 Assignment P7-31A, P8-32A, P8-26A, P8-27A, P7-27A

  8. ACC 205 Course Tutorial ASHFORD ACC 205 Week 4 DQ 2 Bad Debts ASHFORD ACC 205 Week 5 Assignment Final Paper Submit a paper on one of the major topics listed below using course topics previously referenced as the basis for the paper and incorporating at least two other related articles of the student’s choice: How have modern accounting systems made a difference in modern organizations? • Discuss the allowance method and the direct write-off method of accounting for bad debts.  When is the expense for uncollected accounts receivable recognized under each method?  Respond to at least two of your classmates’ postings.

  9. ACC 205 Course Tutorial ASHFORD ACC 205 Week 5 Assignment P10-18A ,E9-24, E9-21, P9-28A, P10-15A ASHFORD ACC 205 Week 5 DQ 1 Fraud Case 9-1 From Chapter 9, Fraud Case 9-1 When a business sells a fully depreciated asset for its salvage value, is a gain or loss recognized? How do businesses determine what salvage values to use for their various assets? Are there “hard and fast” rules for salvage values?  How would an organization prevent the kind of fraud depicted here? • ASHFORD ACC 205 Week 5 Assignment P10-18A ,E9-24, E9-21, P9-28A, P10-15A

  10. ACC 205 Course Tutorial ASHFORD ACC 205 Week 5 DQ 2 Current Liabilities • There are two types of current liabilities that must be estimated.  Describe them and explain why they must be estimated.  How are the financial statements affected if they are not estimated?  Respond to at least two of your classmates’ p

  11. ACC 205 Course Tutorial Easy A+ Your Grades No More Headaches For more course tutorials visit www.tutorialrank.com

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