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For more classes visit\nwww.snaptutorial.com\n\nThis Tutorial contains 3 Set of Finals\n \nACC 304 Final Exam Part 1 (3 Sets) 1\n \n1) Swing High Inc. offers its 100 employees to participate in an employee share-purchase plan. Under the terms of plan, employees are entitled to purchase 10 shares at 10% discount. The par values of shares were $10. Overall, 60 employees accepted the offer and each employee purchased six shares. The market price on purchase date was $100.\n \n

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acc 304 possible is everything snaptutorial com 1

ACC 304 Possible Is Everything-snaptutorial.com

ACC 304 Final Exam Part 1 (3 Sets)

For more classes visit

www.snaptutorial.com

This Tutorial contains 3 Set of Finals

ACC 304 Final Exam Part 1 (3 Sets) 1

1) Swing High Inc. offers its 100 employees to participate in an employee share-purchase plan. Under the terms of plan, employees are entitled to purcha

acc 304 possible is everything snaptutorial com 2

ACC 304 Possible Is Everything-snaptutorial.com

ACC 304 Final Exam Part 2 (2 Sets)

For more classes visit

www.snaptutorial.com

ACC 304 Final Exam Part 2 (2 Sets) 1

1) On January 1, 2015, Piper Co. issued ten-year bonds with a face value of $3,000,000 and a stated interest rate of 10%, payable semiannually on June 30 and December 31. The bonds were sold to yield 12%. Table values are:

Present value of 1 for 10 periods at 10% .386

Present value of 1 for 10 periods at 12% .322

acc 304 possible is everything snaptutorial com 3

ACC 304 Possible Is Everything-snaptutorial.com

ACC 304 Week 1 Chapter 8 Homework

For more classes visit

www.snaptutorial.com

ACC 304 Week 1 Chapter 8 Homework

1) Matlock Company uses a perpetual inventory system. Its beginning inventory consists

acc 304 possible is everything snaptutorial com 4

ACC 304 Possible Is Everything-snaptutorial.com

ACC 304 Week 2 Chapter 8 Quiz (All Possible Questions)

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www.snaptutorial.com

ACC 304 Week 2 Quiz – Strayer NEW

CHAPTER 8

acc 304 possible is everything snaptutorial com 5

ACC 304 Possible Is Everything-snaptutorial.com

ACC 304 Week 2 Chapter 9 Homework

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ACC 304 Week 2 Chapter 9 Homework

1) Floyd Corporation has the following four items in its ending inventory. Determine the final lower-of-cost-or-market inventory value for each item.

acc 304 possible is everything snaptutorial com 6

ACC 304 Possible Is Everything-snaptutorial.com

ACC 304 Week 3 Chapter 9 Quiz (All Possible Questions)

For more classes visit

www.snaptutorial.com

1. A company should abandon the historical cost principle when the future utility of the inventory item falls below its original cost.

2. The lower-of-cost-or-market method is used for inventory despite being less conservative than valuing inventory at market value.

acc 304 possible is everything snaptutorial com 7

ACC 304 Possible Is Everything-snaptutorial.com

ACC 304 Week 3 Chapter 10 Homework

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www.snaptutorial.com

ACC 304 Week 3 Homework (Chapter 10)

1) Hanson Company is constructing a building. Construction begins on February 1 and was completed on

acc 304 possible is everything snaptutorial com 8

ACC 304 Possible Is Everything-snaptutorial.com

ACC 304 Week 4 Chapter 10 Quiz (All Possible Questions)

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ACC 304 Week 4 Quiz – Strayer NEW

Week 4 Quiz 3: Chapter 10

ACQUISITION AND DISPOSITION OF PROPERTY, PLANT, AND EQUIPMENT

IFRS questions are available at the end of this chapter.

acc 304 possible is everything snaptutorial com 9

ACC 304 Possible Is Everything-snaptutorial.com

ACC 304 Week 4 Chapter 11 Homework

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ACC 304 Week 4 Chapter 11 Homework

1) Lockard Company purchased machinery on January 1, 2014, for $102,960. The machinery is estimated to have a salvage value of $10,296 after a useful life of 8 years.

2) Compute 2014 depreciation expense using the double-declining-balance method

acc 304 possible is everything snaptutorial com 10

ACC 304 Possible Is Everything-snaptutorial.com

ACC 304 Week 5 Midterm Part 1 (Set 1)

For more classes visit

www.snaptutorial.com

The book value of a plant asset is

The asset turnover ratio is computed by dividing

On September 19, 2014, Markham Co. purchased machinery for $285,000. Salvage value was estimated to be $15,000.

acc 304 possible is everything snaptutorial com 11

ACC 304 Possible Is Everything-snaptutorial.com

ACC 304 Week 5 Midterm Part 1 (Set 2)

For more classes visit

www.snaptutorial.com

Multiple Choice Question 90

If Labor, Inc. uses the composite method and its composite rate is 7.5% per year, what entry should it make when plant assets that originally cost $80,000 and have been used for 10 years are sold for $24,000?

acc 304 possible is everything snaptutorial com 12

ACC 304 Possible Is Everything-snaptutorial.com

ACC 304 Week 5 Midterm Part 1 (Set 3)

For more classes visit

www.snaptutorial.com

ACC 304 Week 5 Midterm Part 1 (Set 3)

1) Tongas Company applies revaluation accounting to plant assets with a carrying value of $1,600,000, a useful life of 4 years, and no salvage value. Depreciation is calculated on the straight-line basis. At the end of year 1

acc 304 possible is everything snaptutorial com 13

ACC 304 Possible Is Everything-snaptutorial.com

ACC 304 Week 5 Midterm Part 2

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ACC 304 Week 5 Midterm Part 2

1) 1) A machine which cost $300,000 is acquired on October1, 2014. Its estimated salvage value is $30,000 and its expected life is eight years.

acc 304 possible is everything snaptutorial com 14

ACC 304 Possible Is Everything-snaptutorial.com

ACC 304 Week 6 Chapter 12 Homework

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ACC 304 Week 6 Chapter 12 Homework

1) Waters Corporation purchased Johnson Company 3 years ago and at that time recorded goodwill of $400,000. The Johnson Division’s net assets, including the good well, have a

acc 304 possible is everything snaptutorial com 15

ACC 304 Possible Is Everything-snaptutorial.com

ACC 304 Week 7 Chapter 12 Quiz (All Possible Questions)

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ACC 304 Week 7 Quiz – Strayer NEW

Week 7 Quiz 4: Chapter 12

INTANGIBLE ASSETS

IFRS questions are available at the end of this chapter.

acc 304 possible is everything snaptutorial com 16

ACC 304 Possible Is Everything-snaptutorial.com

ACC 304 Week 7 Chapter 13 Homework

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ACC 304 Week 7 Chapter 13 Homework

1) Takemoto Corporation borrowed $64,850 on November 1, 2014, by signing a $68,450, 3-month, zero-interest-bearing note. Prepare Takemoto’s November 1, 2014, entry; the

acc 304 possible is everything snaptutorial com 17

ACC 304 Possible Is Everything-snaptutorial.com

ACC 304 Week 8 Assignment 1 Delta Airlines Property, Plant, And Equipment

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ACC 304 WEEK 8 ASSIGNMENT 1 DELTA AIRLINES PROPERTY, PLANT, AND EQUIPMENT

Assignment 1: Delta Airlines Property, Plant, and Equipment

Due Week 8 and worth 200 points

acc 304 possible is everything snaptutorial com 18

ACC 304 Possible Is Everything-snaptutorial.com

ACC 304 Week 8 Chapter 14 Homework

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ACC 304 Week 8 Chapter 14 Homework

1) Teton Corporation issued $704,000 of 9% bonds on November 1, 2014, for $745,018. The bonds were dated November 1, 2014, and mature in 8 years, with interest payable each

acc 304 possible is everything snaptutorial com 19

ACC 304 Possible Is Everything-snaptutorial.com

ACC 304 Week 9 Chapter 13 and Chapter 14 Quiz (All Possible Questions)

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ACC 304 Week 9 Quiz – Strayer NEW

Week 9 Quiz 5: Chapter 13, Quiz 6: Chapter 14

CURRENT LIABILITIES AND CONTINGENCIES

IFRS questions are available at the end of this chapter.

acc 304 possible is everything snaptutorial com 20

ACC 304 Possible Is Everything-snaptutorial.com

ACC 304 Week 9 Chapter 15 Homework

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ACC 304 Week 9 Chapter 15 Homework

1) Ravonette Corporation issued 375 shares of $14 par value common stock and 128 shares of $51 par value preferred stock for a lump sum of $17,118.

acc 304 possible is everything snaptutorial com 21

ACC 304 Possible Is Everything-snaptutorial.com

ACC 304 Week 10 Chapter 15 Quiz (All Possible Questions)

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ACC 304 Week 10 Quiz – Strayer NEW

Week 10 Quiz 7: Chapter 15

STOCKHOLDERS’ EQUITY

IFRS questions are available at the end of this chapter.

TRUE-FALSE—Conceptual

acc 304 possible is everything snaptutorial com 22

ACC 304 Possible Is Everything-snaptutorial.com

ACC 304 Week 10 Chapter 16 Homework

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ACC 304 Week 10 Chapter 16 Homework

1) Archer Inc. issued $4,461,300 par value, 7% convertible bonds at 99 for cash. If the bonds had not included the conversion feature, they would have sold for 95.