1 / 32

ACC 291 course success is a tradition/tutorilarank.com

For more course tutorials visit<br>www.tutorialrank.com <br><br>Question 1 An aging of a company's accounts receivable indicates that $4,500 are estimated to be uncollectible. If Allowance for Doubtful Accounts has a $1,200 credit balance, the adjustment to record bad debts for the period will require a<br>Question 2 The financial statements of the Melton Manufacturing Company reports net sales of $300,000 and accounts receivable of $50,000 and $30,000 at the beginning of the year and end of year, respectively. What is the average collection period for accounts receivable in days?

HallClark
Download Presentation

ACC 291 course success is a tradition/tutorilarank.com

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. ACC 291 Course Seek Your Dream / tutorialrank.com The Best way to predict the Future is to create it.....To Best way.... www.tutorialrank.com

  2. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Final Exam Guide (New) For more course tutorials visit www.tutorialrank.com Question 1 An aging of a company's accounts receivable indicates that $4,500 are estimated to be uncollectible. If Allowance for Doubtful Accounts has a $1,200 credit balance, the adjustment to record bad debts for the period will require a Question 2 The financial statements of the Melton Manufacturing Company reports net sales of $300,000 and accounts receivable of $50,000 and $30,000 at the beginning of the year and end of year, respectively. What is the average collection period for accounts receivable in days?

  3. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Final Exam Guide (UOP Course) For more course tutorials visit www.tutorialrank.com 1)Hahn Company uses the percentage of sales method for recording bad debts expense. For the year, cash sales are $300,000 and credit sales are $1,200,000. Management estimates that 1% is the sales percentage to use. What adjusting entry will Hahn Company make to record the bad debts expense? 2) Using the percentage of receivables method for recording bad debts expense, estimated uncollectible accounts are $15,000. If the balance of the Allowance for Doubtful Accounts is $3,000 credit before adjustment, what is the amount of bad debts expense for that period?

  4. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Final Exam Guide For more course tutorials visit www.tutorialrank.com a Question 207 On January 1, a machine with a useful life of five years and a residual value of $40,000 was purchased for $120,000. What is the depreciation expense for year 2 under the double-declining-balance method of depreciation? IFRS Multiple Choice Question 01 As a recent graduate of State University you're aware that IFRS requires component depreciation for plant assets. A friend has asked you to succinctly explain what component depreciation means. Which of the following correctly describes component depreciation?

  5. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 1 Discussion Question 1 (UOP Course) For more course tutorials visit www.tutorialrank.com How would you describe the entries to record the disposition of accounts receivables? What is their function?

  6. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 1 Discussion Question 2 (UOP Course) For more course tutorials visit www.tutorialrank.com How are bad debts accounted for under the direct write-off method? What are the disadvantages of this method?

  7. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 1 Wileyplus Assignment E8-4, E8-11, BYP8-1, and BYP8-2 (New) For more course tutorials visit www.tutorialrank.com E8-4, E8-11, BYP8-1, and BYP8-2 in MS Excel Exercise 8-4 Wainwright Company Exercise 8-11 Fedex Corporation Broadening your Perspective 8-1 Tootsie Roll Broadening your Perspective 8-2 Tootsie Roll and Hershey

  8. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 2 Discussion Question 1 (UOP Course) For more course tutorials visit www.tutorialrank.com What are the differences among valuation, depreciation, amortization, and depletion? Is it appropriate to calculate depreciation using two different methods? Why? What does the Annual Report you are using for class say about depreciation?

  9. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 2 Discussion Question 2 (UOP Course) For more course tutorials visit www.tutorialrank.com What types of industries have unearned revenue? Why is unearned revenue considered a liability? When is the unearned revenue recognized in the financial statements? What does your Annual Report say about unearned revenue?

  10. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 2 Fordyce and Atwater (New) For more course tutorials visit www.tutorialrank.com P10-5A Fordyce Electronics issues a $400,000, 8%, 10-year mortgage note on December 31, 2007. The proceeds from the note are to be used in financing a new research laboratory. The terms of the note provide for semiannualinstallment payments, exclusive of real estate taxes and insurance, of $29,433. Payments are due June 30 and December 31. Complete the installment payments schedule for the first 2 years. (Round answers to 0 decimal places, e.g. 125. Use rounded amounts for future calculations.)

  11. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 2 Individual Wiley PLUS Assignment Week Two (UOP Course) For more course tutorials visit www.tutorialrank.com Resource:WileyPLUS Complete the followingWileyPLUS Week Two Exercises and Problem: · Exercise E8-3 · Exercise BE9-13 · Exercise Do It! 9-4 · Exercise E9-9 · Exercise E9-10 · Problem P9-5A Submit your results through the Gradebook ASSIGNMENTS.

  12. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 2 Individual WileyPLUS PracticeCh 8,9,10 Quiz (UOP Course) For more course tutorials visit www.tutorialrank.com Resource:WileyPLUS Complete the WileyPLUS Week Two Practice Quizzes for chapters 8, 9, and 10. Submit your results through the Gradebook ASSIGNMENTS. Screen prints or shots are acceptable on a WORD document.

  13. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 2 Learning Team Weekly Reflection (UOP Course) For more course tutorials visit www.tutorialrank.com Discuss the objectives for Weeks One and Two. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field. Write a 350- to 1,050-word summary of the team’s discussion.

  14. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 2 Wileyplus Assignment P8-3A, BE9-11, DI9-5, E9-7, E9-8, BYP9, P9-2A (New) For more course tutorials visit www.tutorialrank.com P8-3A, BE9-11, DI9-5, E9-7, E9-8, BYP9, P9-2A. Problem 8-3A: Bosworth Company Brief Exercise 9-11: Nike, Inc. Do It! 9-5 Exercise 9-7: Wang, Co. Exercise 9-8: Cleand Company Broadening Your Perspective 9-1: Tootsie Roll Broadening Your Perspective 9-2: Tootsie& Hershey

  15. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 3 Discussion Question 1 (UOP Course) For more course tutorials visit www.tutorialrank.com Why does a company choose to form as a corporation? What are the steps required to become a corporation? What are the advantages and disadvantages of the corporate form of doing business?

  16. ACC 291Course Seek Your Dream / tutorialrank.com ACC 291 Week 3 Discussion Question 2 (UOP Course) For more course tutorials visit www.tutorialrank.com Why is preferred stock referred to as preferred? What are some of the features added to preferred stock that make it more attractive to investors? Would you select preferred stock or common stock as an investment? Why? Provide stock details from your Annual Report.

  17. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 3 Individual WileyPLUS Assignment (UOP Course) For more course tutorials visit www.tutorialrank.com Resource:WileyPLUS Complete the followingWileyPLUS Week Three Exercises and Problems: · Exercise E9-7 · Exercise E10-5 · Exercise E10-10 · Exercise E10-11 · Exercise E10-15 · Exercise E10-18 · Problem P10-5A Problem P10-9A

  18. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 3 Individual WileyPLUS Practice Quiz Ch. 11,12 (UOP Course) For more course tutorials visit www.tutorialrank.com Resource:WileyPLUS Complete the WileyPLUS Week Three Practice Quizzes for chapters 11 and 12. .

  19. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 3 Learning Team Weekly Reflection (UOP Course) For more course tutorials visit www.tutorialrank.com Discuss the objectives for Week Three. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field. Write a 350- to 1,050-word summary of the team’s discussion.

  20. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 3 Wileyplus Assignment P9-7A, E10-5, E10-8, E10-13, E10-22, E10-24, BYP10, P10-9A, P10-13A, IFRS10-4 (New) For more course tutorials visit www.tutorialrank.com ·P9-7A, E10-5, E10-8, E10-13, E10-22, E10-24, BYP10, P10-9A, P10-13A, IFRS10-4. Exercise 10-5: Olinger Company Exercise 10-8: Ortega Company Exercise 10-13: Romine Company Exercise 10-22: Cole Corporation .

  21. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 4 Discussion Question 1 (UOP Course) For more course tutorials visit www.tutorialrank.com Why are companies required to prepare a statement of cash flows? Why is the statement of cash flows divided into three sections? What does each section tell you about the operations of a company? What are the differences between the direct and indirect presentation of cash flows?

  22. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 4 Discussion Question 2 (UOP Course) For more course tutorials visit www.tutorialrank.com What are some common ratios used to analyze financial information? Which are the most important? What are some examples of how ratios are used in the decision making process?

  23. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 4 Individual WileyPLUS Assignment (UOP Course) For more course tutorials visit www.tutorialrank.com Resource:WileyPLUS Complete the following WileyPLUS Week Four Exercises and Problems: · Exercise Do It! 11-1 · Exercise E11-15

  24. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 4 IndividualWileyPLUS Practice (UOP Course) For more course tutorials visit www.tutorialrank.com Resource:WileyPLUS Complete the WileyPLUS Week Four Practice Quizzes for chapters 13 and 14

  25. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 4 Learning Team Weekly Reflection (UOP Course) For more course tutorials visit www.tutorialrank.com Discuss the objectives for Week Four. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field. Write a 350- to 1,050-word summary of the team’s discussion.

  26. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 4 Wileyplus Assignment Do It! 11-1, E11-5, E11-7, BYP11-1, BYP11-2, P11-5A, P11-8A (New) For more course tutorials visit www.tutorialrank.com Do It! 11-1, E11-5, E11-7, BYP11-1, BYP11-2, P11-5A, P11-8A. Do It! 11-1 Exercise 11-5 Garcia Corporation Exercise 11-7 Pele Company Broadening Your Perspective 11-1 Tootsie Roll

  27. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 5 Discussion Question 1 (UOP Course) For more course tutorials visit www.tutorialrank.com Why do corporations buy back their own stock? What does it tell you about the corporation? What effect does the purchase have on the price of a company’s stock? Does your Annual Report discuss stock repurchase or balances of treasury stock?

  28. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 5 Individual Effect of Unethical Behavior Article Analysis (UOP Course) For more course tutorials visit www.tutorialrank.com Write a 350- to 700-word article analysis in which you identify situations that might lead to unethical practices and behavior in accounting. Examine the effect of the Sarbanes-Oxley Act of 2002 on financial statements. Cite one article from the Electronic Reserve Readings, the Internet, or other resources.

  29. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 5 Individual WileyPLUSAssignment (UOP Course) For more course tutorials visit www.tutorialrank.com Resource:WileyPLUS Complete the following Week Five WileyPLUSExercises and Problems: Exercise E13-1 Exercise E13-8 Exercise E14-1 Problem P13-9A

  30. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 5 Learning Team Ratio Analysis Memo (UOP Course) For more course tutorials visit www.tutorialrank.com Resource:Virtual Organizations Click the Virtual Organization link on the student website to access the Virtual Organizations. Select one of the Virtual Organizations as the basis for the assignment. Obtain faculty approval of your selected organization before beginning the assignment.

  31. ACC 291 Course Seek Your Dream / tutorialrank.com ACC 291 Week 5 Learning Team Weekly Reflection (UOP Course) For more course tutorials visit www.tutorialrank.com Discuss the objectives for Week Five. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field.

  32. ACC 291 Course Seek Your Dream / tutorialrank.com The Best way to predict the Future is to create it.....To Best way.... www.tutorialrank.com

More Related