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For more classes visit\nwww.snaptutorial.com\n\nACC 422 Week 1 DQ 1\nACC 422 Week 1 DQ 2\nACC 422 Week 1 DQ 3\nACC 422 Week 1 Individual Assignment Disclosure Analysis Paper (2 Papers)\nACC 422 Week 1 CPA Practice Exam\nACC 422 Week 1 Team Assignment Audited Financial Statements (Nordstrom Inc.)\n \n

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acc 422 education on your terms snaptutorial com 1

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Entire Course

For more classes visit

www.snaptutorial.com

ACC 422 Week 1 DQ 1

ACC 422 Week 1 DQ 2

ACC 422 Week 1 DQ 3

ACC 422 Week 1 Individual Assignment Disclosure Analysis Paper (2 Papers)

ACC 422 Week 1 CPA Practice Exam

ACC 422 Week 1 Team Assignment Audited Financial Statements (Nordstrom Inc.)

ACC 422 Week 1 Individual WileyPlus Assignment (Exercise 7-2, 7-4, 7-8,

acc 422 education on your terms snaptutorial com 2

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Final Exam Guide 1

For more classes visit

www.snaptutorial.com

1. Kraft Enterprises owns the following assets at December 31, 2012.

Cash in bank–savings account

67,516

Checking account balance

26,445

Cash on hand

9,478

acc 422 education on your terms snaptutorial com 3

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Final Exam Guide 2

For more classes visit

www.snaptutorial.com

SET 2

1) Which of the following is considered cash?

2) Bank overdrafts, if material, should be

3) Which of the following is NOT considered cash for financial reporting purposes?

4) If a company employs the gross method of recording accounts receivable from customers, then sales discounts taken should be reported as

5) Which of the following methods of determining annual bad debt expense best achieves the matching

acc 422 education on your terms snaptutorial com 4

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Final Exam Guide 3

For more classes visit

www.snaptutorial.com

SET 3

1) Which of the following is NOT considered cash for financial reporting purposes?

2) What is the preferable presentation of accounts receivable from officers, employees, or affiliated companies on a balance sheet?

3) Which of the following items should NOT be included in the Cash caption on the balance sheet?

4) The advantage of relating a company's bad debt expense to its outstanding accounts receivable is that this approach

5) Which of the following is a generally accepted method of determining the amount of the adjustment to

acc 422 education on your terms snaptutorial com 5

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Final Exam Guide All 3 Sets

For more classes visit

www.snaptutorial.com

Details of All 180 Questions Given Below

SET 1

1. Kraft Enterprises owns the following assets at December 31, 2012.

Cash in bank–savings account 67,516 Checking account balance 26,445

acc 422 education on your terms snaptutorial com 6

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 1 CPA Practice Exam

For more classes visit

www.snaptutorial.com

1. What amount should Herc report as inventory in its December 31, 2005, balance sheet?

2. What dollar-value LIFO inventory cost would be reported in Cobb's December 31, 2006, balance sheet?

3. Garson Co. recorded goods in transit purchased FOB shipping point at year-end as purchases. The goods were excluded from the ending inventory. What effect does the omission have on Garson's assets and retained earnings at year end?

acc 422 education on your terms snaptutorial com 7

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 1 DQ 1

For more classes visit

www.snaptutorial.com

Week 1 – DQ 1

Consider how an organization must manage cash, receivables, and inventory. Which of the three variables is the most important to manage? Is one more susceptible to fraud and errors than the others? Explain your answer.

acc 422 education on your terms snaptutorial com 8

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 1 DQ 2

For more classes visit

www.snaptutorial.com

Week 1 – DQ 2

What is the perpetual method of tracking inventory?

How does it differ from the periodic method of tracking inventory?

Why would a company choose one method over the other method?

Which is the best method? Why?

acc 422 education on your terms snaptutorial com 9

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 1 DQ 3

For more classes visit

www.snaptutorial.com

Week 1 – DQ 3

What are the different ways to estimate bad debt?

How does this affect net income?

What does Generally Accepted Accounting Principles (GAAP) require? Why?

acc 422 education on your terms snaptutorial com 10

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 1 Individual Assignment Disclosure Analysis Paper (2 Papers)

For more classes visit

www.snaptutorial.com

This Tutorial contains 2 Papers

Resource: Internet

Select a publicly held company to use as the basis for this assignment.

Research your selected company and acquire the company’s most recent financial statements using the Internet.

acc 422 education on your terms snaptutorial com 11

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 1 Individual Assignment Disclosure Analysis Paper

For more classes visit

www.snaptutorial.com

Resource: Internet

Select a publicly held company to use as the basis for this assignment.

Research your selected company and acquire the company’s most recent financial statements using the Internet.

acc 422 education on your terms snaptutorial com 12

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 1 Individual WileyPlus Assignment (Exercise 7-2, 7-4, 7-8, 7-9, 7-13, 7-16, 8-3, 8-13) 100% Score

For more classes visit

www.snaptutorial.com

Complete the following Week 1 Assignment in WileyPLUS:

Exercise 7-2

Exercise 7-4

Exercise 7-8

Exercise 7-9

acc 422 education on your terms snaptutorial com 13

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 1 Summary

For more classes visit

www.snaptutorial.com

Post a 150 words summary what you have learned this week

acc 422 education on your terms snaptutorial com 14

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 1 Team Assignment Audited Financial Statements (Nordstrom Inc.)

For more classes visit

www.snaptutorial.com

Each team is assigned a publically traded company that they will use to answer the questions in the Financial Scavenger Hunt assigned each week.

Team A: Nordstrom Inc.

acc 422 education on your terms snaptutorial com 15

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 2 CPA Practice Exam

For more classes visit

www.snaptutorial.com

1. On June 18, 2005, Dell Printing Co. incurred the following costs for one of its printing presses:

acc 422 education on your terms snaptutorial com 16

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 2 DQ 1

For more classes visit

www.snaptutorial.com

Week 2 – DQ 1

Under what circumstances would a company need to estimate its inventory?

What are the differences between using the gross profit method and retail inventory method for estimating inventory?

Which method of estimation, gross profit or retail inventory, is best? Explain your answer.

acc 422 education on your terms snaptutorial com 17

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 2 DQ 2

For more classes visit

www.snaptutorial.com

Week 2 – DQ 2

What are the criteria for capitalization of fixed assets?

What items are included in the cost of a fixed asset?

Should interest be included in the cost of a fixed asset? Explain why or why not.

acc 422 education on your terms snaptutorial com 18

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 2 DQ 3

For more classes visit

www.snaptutorial.com

Week 2 – DQ 3

How do we account for the disposition of fixed assets?

What are the differences in how the exchanges of assets are handled, pending on whether they are similar or dissimilar?

What is the rationale for these differences?

acc 422 education on your terms snaptutorial com 19

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 2 Individual Assignment E7-2, E7-8,Q13,E8-5 And E8-14

For more classes visit

www.snaptutorial.com

Resource: Intermediate Accounting

Prepare written responses to the following assignments from the text:

· Ch. 7: Exercises E7-2 & E7-8

acc 422 education on your terms snaptutorial com 20

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 2 Learning Team Assignment From The Text P7-10 And E8-25

For more classes visit

www.snaptutorial.com

Resource: Intermediate Accounting

Prepare written responses to the following assignments from the text:

· Ch. 7: Problem P7-10

acc 422 education on your terms snaptutorial com 21

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 2 Summary

For more classes visit

www.snaptutorial.com

Post a 150 words summary what you have learned this week

acc 422 education on your terms snaptutorial com 22

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 2 Team Assignment Textbook Problems (P7-1, P7-2, P8-4) 100% Score

For more classes visit

www.snaptutorial.com

Prepare written responses to the following assignments from Ch. 7 & 8 of Intermediate Accounting:

Problem 7-1

Problem 7-2

Problem 8-4

Click the Assignment Files tab to submit your assignment.

*******************************************************

acc 422 education on your terms snaptutorial com 23

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 3 CPA Practice Exam

For more classes visit

www.snaptutorial.com

1. Alta Co. spent $400,000 during the current year developing a new idea for a product that was patented during the year. The legal cost of applying for a patent license was $40,000. Also, $50,000 was spent to successfully defend the rights of the patent against a competitor. The patent has a life of 20 years. Under U.S. GAAP, what amount should Alta capitalize related to the patent?

acc 422 education on your terms snaptutorial com 24

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 3 DQ 1

For more classes visit

www.snaptutorial.com

Week 3 – DQ 1

What is the purpose of depreciation?

Does the book value of a fixed asset (cost minus accumulated depreciation) communicate to a user what the asset is worth? Explain why or why not.

Should the financial statements reflect the value of fixed assets? Explain why or why not.

acc 422 education on your terms snaptutorial com 25

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 3 DQ 2

For more classes visit

www.snaptutorial.com

Week 3 – DQ 2

What are the different methods used to calculate depreciation?

How does a company decide which method it should utilize?

How does its choice affect the financial statements?

Should companies standardize the method of depreciation to enhance comparability? Explain your answer.

acc 422 education on your terms snaptutorial com 26

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 3 DQ 3

For more classes visit

www.snaptutorial.com

Week 3 – DQ 3

What is an intangible asset?

Should all intangible assets be subject to amortization? Explain why or why not.

Why are some intangible assets not amortized?

acc 422 education on your terms snaptutorial com 27

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 3 DQ 4

For more classes visit

www.snaptutorial.com

ACC 422 Week 3 DQ 4

acc 422 education on your terms snaptutorial com 28

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 3 Individual Assignment From the Text E9-1,E9-12,E9-19,E10-5 And E10-12

For more classes visit

www.snaptutorial.com

Resource: Intermediate Accounting

Prepare written responses to the following assignments from the text:

acc 422 education on your terms snaptutorial com 29

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 3 Individual WileyPlus Assignment Exercise 11-6, 11-9, 11-21, 12-1, 12-6, 12-8, 12-17

For more classes visit

www.snaptutorial.com

Complete the following Week Three Assignment in WileyPLUS:

Exercise 11-6

Exercise 11-9

Exercise 11-21

Exercise 12-1

Exercise 12-6

Exercise 12-8

acc 422 education on your terms snaptutorial com 30

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 3 Learning Team Assignment From The Text P9-9 And P10-8

For more classes visit

www.snaptutorial.com

Resource: Intermediate Accounting

Prepare written responses to the following assignments from the text:

acc 422 education on your terms snaptutorial com 31

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 3 Summary

For more classes visit

www.snaptutorial.com

Post a 150 words summary what you have learned this week

acc 422 education on your terms snaptutorial com 32

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 3 Team Assignment Textbook Problems (P9-2, P9-4, P10-3, P10-4) 100% Score

For more classes visit

www.snaptutorial.com

Prepare written responses to the following assignments from Ch. 9 & 10 of Intermediate Accounting:

Problem 9-2

Problem 9-4

Problem 10-3

Problem 10-4

Click the Assignment Files tab to submit your assignment. *******************************************************

acc 422 education on your terms snaptutorial com 33

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 4 CPA Practice Exam

For more classes visit

www.snaptutorial.com

1. On September 30, World Co. borrowed $1,000,000 on a 9% note payable. World paid the first of four quarterly payments of $264,200 when due on December 30. In its December 31, balance sheet, what amount should World report as note payable?

2. Gain contingencies are usually recognized in the income statement when

acc 422 education on your terms snaptutorial com 34

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 4 DQ 1

For more classes visit

www.snaptutorial.com

Week 4 – DQ 1

What are the criteria for classifying an item as a current liability?

What are some examples of current liabilities?

Why is it important to classify a portion of long-term debt on a yearly basis as a current liability?

What is the implication of misclassifying a liability as current or long-term?

acc 422 education on your terms snaptutorial com 35

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 4 DQ 2

For more classes visit

www.snaptutorial.com

eek 4 – DQ 2

What is a contingency?

Why are contingencies important to users of financial statements?

What are the criteria for recording contingencies?

Should companies record a liability for threatened litigation? Explain why or why

acc 422 education on your terms snaptutorial com 36

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 4 DQ 3

For more classes visit

www.snaptutorial.com

Week 4 – DQ 3

What is a bond? What are some features of a bond? How do you value bonds? What factors can affect that

acc 422 education on your terms snaptutorial com 37

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 4 Individual Assignment From The Text E11-4,E11-11,E12-6 And E12-16

For more classes visit

www.snaptutorial.com

Resource: Intermediate Accounting

Prepare written responses to the following assignments from the text:

· Ch. 11: Exercises E11-4 & E11-11

· Ch. 12: Exercises E12-6 & E12-16

acc 422 education on your terms snaptutorial com 38

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 4 Individual Wileyplus Assignment Exercise 13-1, 13-3, 13-5, 13-8, 13-11, 14-4, 14-13

For more classes visit

www.snaptutorial.com

Resource: WileyPLUS

Complete the following Week Four Assignment in WileyPLUS:

Exercise 13-1

Exercise 13-3

Exercise 13-5

Exercise 13-8

Exercise 13-11

acc 422 education on your terms snaptutorial com 39

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 4 Learning Team Assignment From The Text E11-18,P11-10 And P12-3

For more classes visit

www.snaptutorial.com

Resource: Intermediate Accounting

Prepare written responses to the following assignments from the text:

· Ch. 11: Exercise E11-18 & Problem P11-10

acc 422 education on your terms snaptutorial com 40

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 4 Team Assignment Financial Scavenger Hunt #3 (Nordstrom)

For more classes visit

www.snaptutorial.com

Review the financial statements, including any notes and supplemental information, and answer the following questions. Indicate where you found the answer to the questions. If calculations are required, show your work.

acc 422 education on your terms snaptutorial com 41

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 4 Team Assignment Textbook Problems (P11-1, P12-1) 100% Score

For more classes visit

www.snaptutorial.com

Prepare written responses to the following assignments from Ch. 11 & 12 of Intermediate Accounting:

Problem 11-1

Problem 12-1

Click the Assignment Files tab to submit your assignment.

acc 422 education on your terms snaptutorial com 42

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 5 DQ 1

For more classes visit

www.snaptutorial.com

Week 5 – DQ 1

What are the differences between a direct-financing and a sales-type lease for a lessor?

Why would a lessor provide direct-financing to a lessee?

What types of organizations provide direct-financing leases?

acc 422 education on your terms snaptutorial com 43

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 5 DQ 2

For more classes visit

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Week 5 – DQ 2

What are the criteria for classifying a lease as operating or capital?

Why is there a difference between the two?

acc 422 education on your terms snaptutorial com 44

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 5 DQ 3

For more classes visit

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Week 5 – DQ 3

What is residual value?

What is the implication to the lessee if the residual value is guaranteed or unguaranteed?

acc 422 education on your terms snaptutorial com 45

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 5 DQ 4

For more classes visit

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Week 5 – DQ 4

What are the advantages of operating and capital leases? What are the disadvantages?

Why would a company pick one over the other?

acc 422 education on your terms snaptutorial com 46

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 5 Individual Assignment From The Text E13-1,E13-7,E13-11 And E13-13

For more classes visit

www.snaptutorial.com

Resource: Intermediate Accounting

Prepare written responses to the following assignments listed at the end of each chapter:

· Ch. 13: Exorcices E13-1, E13-7, E13-11, & E13-13

acc 422 education on your terms snaptutorial com 47

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 5 Individual WileyPlus Assignment Exercise 21-2, 21-4, 21-8 (Essay), 21-8, 21-13

For more classes visit

www.snaptutorial.com

Complete the following Week Five Assignment in WileyPLUS:

Exercise 21-2

Exercise 21-4

Exercise 21-8 (Essay)

Exercise 21-8

Exercise 21-13

acc 422 education on your terms snaptutorial com 48

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 5 Learning Team Assignment From The Text P13-4,E14-21 And E21-7

For more classes visit

www.snaptutorial.com

Resource: Intermediate Accounting

Prepare written responses to the following assignments from the text:

· Ch. 13: Problem P13-4

· Ch. 14: Exercise E14-21

acc 422 education on your terms snaptutorial com 49

ACC 422 Education on your terms-snaptutorial.com

ACC 422 week 5 Learning Team Problem Presentation

For more classes visit

www.snaptutorial.com

Collaborate as a team to provide written responses to a facilitator-assigned problem.

Prepare a 5- to 10-minute oral presentation accompanied by a 7- to 9-slide Microsoft® PowerPoint® presentation illustrating your team’s solution to the assigned problem.

acc 422 education on your terms snaptutorial com 50

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 5 Team Assignment Textbook Problems (P13-10,P14-2, P21-3) 100% Score

For more classes visit

www.snaptutorial.com

Prepare written responses to the following assignments from Ch. 13,14 & 21 of Intermediate Accounting:

Problem 13-10

Problem 14-2

Problem 21-3

acc 422 education on your terms snaptutorial com 51

ACC 422 Education on your terms-snaptutorial.com

ACC 422 Week 5 Team Assignment Textbook Problems (P13-10,P14-2, P21-3) 100% Score

For more classes visit

www.snaptutorial.com

Prepare written responses to the following assignments from Ch. 13,14 & 21 of Intermediate Accounting:

Problem 13-10

Problem 14-2

Problem 21-3