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For more classes visit\nwww.snaptutorial.com\n\nACCT 216 Week 1 Homework (v 2)\nACCT 216 Week 2 Homework\nACCT 216 Week 3 Homework\n

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acct 216 education on your terms snaptutorial com 1

ACCT 216 Education on your terms-snaptutorial.com

ACCT 216 All homework

For more classes visit

www.snaptutorial.com

ACCT 216 Week 1 Homework (v 2)

ACCT 216 Week 2 Homework

ACCT 216 Week 3 Homework

ACCT 216 Week 4 Homework

ACCT 216 Week 5 Homework A

ACCT 216 Week 5 Homework B

ACCT 216 Week 6 Homework A

ACCT 216 Week 6 Homework B

acct 216 education on your terms snaptutorial com 2

ACCT 216 Education on your terms-snaptutorial.com

ACCT 216 Week 1 Homework (v 2)

For more classes visit

www.snaptutorial.com

1.Please write a four-to-six sentence paragraph on the following question. Good business and accounting practices require the exercise of good judgment.

How should ethics be incorporated into making accounting judgments? Why is ethics important?

acct 216 education on your terms snaptutorial com 3

ACCT 216 Education on your terms-snaptutorial.com

ACCT 216 Week 2 Homework

For more classes visit

www.snaptutorial.com

1. Please write a 4-6 sentence paragraph on the following question. Describe each of the 4 basic financial statements. What is the relationship between them?

2. During the first month of operations (March 2011) Jerry Enterprises completed the following selected

acct 216 education on your terms snaptutorial com 4

ACCT 216 Education on your terms-snaptutorial.com

ACCT 216 Week 3 Homework

For more classes visit

www.snaptutorial.com

ACCT216

Week 3 Homework

1.Classify the following items as (a) an addition to the bank balance, (b) a subtraction from the bank balance, (c) an addition to the book balance, or (d) a subtraction from the book balance:

2.During 2013, Jimmy Enterprises completed the following transactions:

acct 216 education on your terms snaptutorial com 5

ACCT 216 Education on your terms-snaptutorial.com

ACCT 216 Week 4 Homework

For more classes visit

www.snaptutorial.com

Suppose Robotics, Inc.’s inventory records for a particular item indicated the following transactions in September:

September 1

Beginning Inventory

10 units @ $29

September 9

acct 216 education on your terms snaptutorial com 6

ACCT 216 Education on your terms-snaptutorial.com

ACCT 216 Week 5 Homework A

For more classes visit

www.snaptutorial.com

Suppose the Atlanta Falcons purchased a new set of goal posts for $20,000 each. The Falcons expect the goal posts to have a useful life of five years and a salvage value of $1,000 each when they sell them to a local high school.

Required:

acct 216 education on your terms snaptutorial com 7

ACCT 216 Education on your terms-snaptutorial.com

ACCT 216 Week 5 Homework B

For more classes visit

www.snaptutorial.com

Suppose the Colorado Avalanche purchased a new Zamboni machine to scrape the ice off the rink between periods. The Zamboni cost $100,000 and has a useful life of three years and a residual value of $5,000 when it is sold to a minor league hockey team. The Zamboni is anticipated to drive 352 miles the first year, 375 miles the second year, and 435 miles the third year when the team anticipates winning the Stanley Cup.

acct 216 education on your terms snaptutorial com 8

ACCT 216 Education on your terms-snaptutorial.com

ACCT 216 Week 6 Homework A

For more classes visit

www.snaptutorial.com

During August 2013, DB Inc. completed the following transactions:

a.8/1/13 – Purchased a new piece of equipment for $50,000 signing a 6 month, 8% note payable.

b.8/10/13 – Issued 15,000 shares of $2.00 par stock at $8.00 per share.

acct 216 education on your terms snaptutorial com 9

ACCT 216 Education on your terms-snaptutorial.com

ACCT 216 Week 6 Homework B

For more classes visit

www.snaptutorial.com

During March 2013, JZ Inc. completed the following transactions:

a.3/1/13 – Purchased a new piece of equipment for $75,000 signing a 6 month, 7% note payable.

b.3/10/13 – Issued 10,000 shares of $2.00 par stock at $9.00 per share.

acct 216 education on your terms snaptutorial com 10

ACCT 216 Education on your terms-snaptutorial.com

ACCT 216 Week 7 Homework A

For more classes visit

www.snaptutorial.com

1. Please write a 4-6 sentence paragraph on the following questions.

a.What is the difference between an exempt and non-exempt employee?

acct 216 education on your terms snaptutorial com 11

ACCT 216 Education on your terms-snaptutorial.com

ACCT 216 Week 7 Homework B

For more classes visit

www.snaptutorial.com

1. Please write a 4-6 sentence paragraph on the following questions.

a.Describe the three federal filing requirements for a company at the end of the year.

b.What is the difference between Form 940 and Form 941?