1 / 8

AC 501 Success Begins / snaptutorial.com

E2-7 (Assumptions, Principles, and Constraints): Presented below are the assumptions, principles, and constraints used in this chapter. <br>Economic entity assumption 5.Historical-cost principle 9. Materiality<br>Going-concern assumption 6.Matching principle 10. Industry practices<br>Monetary unit assumption 7. Full disclosure principle 11. Conservatism<br>

Robinson2
Download Presentation

AC 501 Success Begins / snaptutorial.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. AC 501 Success Begins / snaptutorial.com

  2. AC 501 Success Begins / snaptutorial.com AC 501 Unit 1 Homework Assignment For more classes visit www.snaptutorial.com E2-7 (Assumptions, Principles, and Constraints): Presented below are the assumptions, principles, and constraints used in this chapter. Economic entity assumption 5.Historical-cost principle 9. Materiality Going-concern assumption 6.Matching principle 10. Industry practices

  3. AC 501 Success Begins / snaptutorial.com AC 501 Unit 2 Homework Assignment For more classes visit www.snaptutorial.com E4-4 INSTRUCTIONS Prepare a classified balance sheet in good form (No monetary amounts are necessary)

  4. AC 501 Success Begins / snaptutorial.com AC 501 Unit 3 Homework Assignment For more classes visit www.snaptutorial.com Exercise 7-5 (Recognition of Profit for Long-Term Contracts) Andre Agassi Construction Company began operations January 1, 2008. During the year, Andre Agassi Construction entered into a contract with Lindsey Davenport Corp. to construct

  5. AC 501 Success Begins / snaptutorial.com AC 501 Unit 4 Homework Assignment For more classes visit www.snaptutorial.com E10-12: (Depreciation Computations-SL, SYD, DDB) Montoni Company purchases equipment on January 1, year 1, at a cost of $ 469,000. The asset is expected to have a service life of 12 years and a salvage value of $ 40,000. Instructions

  6. AC 501 Success Begins / snaptutorial.com AC 501 Unit 5 Homework Assignment For more classes visit www.snaptutorial.com Exercise 12-7: Exercise 12-18: Exercise 13-8: Exercise 13-22: Exercise 15-6: Exercise 15-22:

  7. AC 501 Success Begins / snaptutorial.com AC 501 Unit 6 Homework Assignment For more classes visit www.snaptutorial.com E16-1: (Compensated Absences) Zero Mostel Company began operations on January 2, 2008. It employs 9 individuals who work 8-hour days and are paid hourly. Each employee earns 10 paid vacation days and 6 paid sick days annually.

  8. AC 501 Success Begins / snaptutorial.com

More Related