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ACC 306 Possible Is Everything /newtonhelp.com

For more course tutorials visit<br>www.newtonhelp.com<br><br><br>ACC 306 Week 1 Assignment E13-21, E13-22, P12-1, P12-7,P12-10, P12-14, P13-6<br>ACC 306 Week 1 Quiz<br>ACC 306 Week 1 DQ 1 Equity Method<br>ACC 306 Week 1 DQ 1 Accounting Pronouncements<br> ACC 306 Week 1 DQ 2 Judgment Case 13-9<br>ACC 306 Week 2 Quiz<br>ACC 306 Week 2 DQ 1 Ethics Case 14-8 Hunt Manufacturing Debt for equity swaps<br>

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ACC 306 Possible Is Everything /newtonhelp.com

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  1. ACC 306 Possible Is Everything/ newtonhelp.com

  2. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Entire Course (New) For more course tutorials visit www.newtonhelp.com ACC 306 Week 1 Assignment E13-21, E13-22, P12-1, P12-7,P12-10, P12-14, P13-6 ACC 306 Week 1 Quiz ACC 306 Week 1 DQ 1 Equity Method ACC 306 Week 1 DQ 1 Accounting Pronouncements  ACC 306 Week 1 DQ 2 Judgment Case 13-9 ACC 306 Week 2 Quiz ACC 306 Week 2 DQ 1 Ethics Case 14-8 Hunt Manufacturing Debt for equity swaps ACC 306 Week 2 DQ 2 Ethics Case 15-4 Leasehold Improvements

  3. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 1 Assignment E13-21, E13-22, P12-1, P12-7,P12-10, P12-14, P13-6 (Ash Course) For more course tutorials visit www.newtonhelp.com ACC 306 Week 1 Assignment E13-21, E13-22, P12-1, P12-7,P12-10, P12-14, P13-6

  4. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 1 DQ 1 Accounting Pronouncements For more course tutorials visit www.newtonhelp.com Accounting Pronouncements. The Financial Accounting Standards Board has issued accounting pronouncements that affect how accounting transactions should be treated. These pronouncements may affect all companies or just specific industries, but no pronouncements have been issued that affect social media companies, like Zynga and Facebook

  5. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 1 DQ 1 Equity Method (Ash Course) For more course tutorials visit www.newtonhelp.com P 12–13 -  Miller Properties - Equity method ● LO5 LO6 On January 2, 2011, Miller Properties paid $19 million for 1 million shares of Marlon Company’s 6 million outstanding common shares. Miller’s CEO became a member of Marlon’s board of directors during the first quarter of 2011. The carrying amount of Marlon’s net assets was $66 million. Miller estimated the fair value of those net as- sets to be the same except for a patent valued at $24 million above cost. The remaining amortization period for the patent is 10 years.

  6. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 1 DQ 2 Judgment Case 13-9 (Ash Course) For more course tutorials visit www.newtonhelp.com ACC 306 Week 1 DQ2 Judgment Case 13-9  Judgment Case 13–9 - Valleck Corporation - Loss contingency and full disclosure ● LO5 LO6 In the March 2012 meeting of Valleck Corporation’s board of directors, a question arose as to the way a possible obligation should be disclosed in the forthcoming financial statements 

  7. ACC 306 Possible Is Everything/newtonhelp.com Acc 306 Week 1 Homework (Be 13-1, Be 13-4, E 13-2, E 13-10, Be 13-7, P 13-8, Be14-8, Be14-12, E14-5, E14-19, P14-3, P14-4) For more course tutorials visit www.newtonhelp.com BE 13-1 BE 13-4 E 13-2 E 13-10 BE 13-7 P 13-8 BE14-8 BE14-12

  8. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 1 Quiz (2 Set) For more course tutorials visit www.newtonhelp.com QUESTION 1 On January 1, 2015, Watson Corp. issued $900,000 par value, 8%, three-year bonds when the market rate of interest was 8%. Interest is payable semiannually each June 30 and December 31. Watson incurred bond issue costs of $29,000. Under IFRS, what is the journal entry when Watson issued the bonds? (Record debits first, then credits. Exclude explanations from any journal entries.)

  9. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 1 Quiz For more course tutorials visit www.newtonhelp.com Question 1:  Which of the following may create employer liabilities in connection with their payrolls? Question 2:  Current liabilities are normally recorded at the amount expected to be paid rather than at their present value. This practice can be supported by GAAP according to the concept of: Question 3:  The investment category for which the investor's "positive intent and ability to hold" is important is:

  10. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 2 Assignment E 14-16, E 14-18, E 15-25, P14-21, P15-3 For more course tutorials visit www.newtonhelp.com ACC 306 Week 2 Assignment E 14-16, E 14-18, E 15-25, P14-21, P15-3

  11. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 2 DQ 1 Ethics Case 14-8 Hunt Manufacturing Debt for equity swaps For more course tutorials visit www.newtonhelp.com Ethics Case 14–8 - Hunt Manufacturing - Debt for equity swaps; have your cake and eat it too ● LO5 The cloudy afternoon mirrored the mood of the conference of division managers. Claude Meyer, assistant to the controller for Hunt Manufacturing, wore one of the gloomy faces that were just emerging from the conference room. “Wow, I knew it was bad, but not that bad,” Claude thought to himself. “I don’t look forward to sharing those numbers with shareholders.”

  12. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 2 DQ 2 Ethics Case 15-4 Leasehold Improvements For more course tutorials visit www.newtonhelp.com Ethics Case 15–4 - American Movieplex - Leasehold improvements ● LO3 American Movieplex, a large movie theater chain, leases most of its theater facilities. In conjunction with recent operating leases, the company spent $28 million for seats and carpeting. The question being discussed over break- fast on Wednesday morning was the length of the depreciation period for these leasehold improvements.

  13. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 2 Homework (BE 15-12, E 15-5, E 15-19, P15-3, P15-4, BE 16-6, BE 16-12, E 16-5, P 16-5, P 16-6) For more course tutorials visit www.newtonhelp.com BE 15-12 E 15-5 E 15-19 P15-3 P15-4 BE 16-6 BE 16-12

  14. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 2 Quiz (2 Set) For more course tutorials visit www.newtonhelp.com WEEK 2 QUIZ QUESTION 1 ITG Corporation issued 410,000 shares of $6 par value stock. The book value of ITG's common stockholders' equity is equal to $123 million. ITG implements a two-for-one stock split. What is the total number of shares outstanding after the stock split? What is the par value per share after the split? What is the book value of equity after the split?

  15. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 2 Quiz For more course tutorials visit www.newtonhelp.com Question 1: The method used to pay interest depends on whether the bonds are: Question 2: Bond X and bond Y are both issued by the same company. Each of the bonds has a maturity value of $100,000 and each matures in 10 years. Bond X pays 8% interest while bond Y pays 9% interest. The current market rate of interest is 8%. Which of the following is correct?

  16. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 3 Assignment E 16-24, E 16-25, E 17-10, E 17-19, P 16-7, P 17-16 (Ash Course) For more course tutorials visit www.newtonhelp.com ACC 306 Week 3 Assignment E 16-24, E 16-25, E 17-10, E 17-19, P 16-7, P 17-16

  17. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 3 Ethics Case 17-6 401(k) plan contributions For more course tutorials visit www.newtonhelp.com Ethics Case 17–6 - VXI International - 401(k) plan contributions ● LO1 You are in your third year as internal auditor with VXI International, manufacturer of parts and supplies for jet air- craft. VXI began a defined contribution pension plan three years ago. The plan is a so-called 401(k) plan (named after the Tax Code section that specifies the conditions for the favorable tax treatment of these plans)

  18. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 3 Homework (BE 17-17, BE 17-22, E17-17, E17-21, P17-1, P17-6, BE18-5, BE18-6, E18-4, E18-10, P18-2, P18-6) For more course tutorials visit www.newtonhelp.com BE 17-17 BE 17-22 E17-17 E17-21

  19. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 3 Integrating Case 16-5 accounting changes and error correction For more course tutorials visit www.newtonhelp.com Integrating Case 16–5 - Williams-Santana, Inc. - Tax effects of accounting changes and error correction; six situations ● LO1 LO2 LO8 Williams-Santana, Inc. is a manufacturer of high-tech industrial parts that was started in 1997 by two talented engineers with little business training. In 2011, the company was acquired by one of its major customers. As part of an internal audit, the following facts were discovered. The audit occurred during 2011 before any adjusting entries or closing entries were prepared. The income tax rate is 40% for all years.

  20. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 3 Quiz New For more course tutorials visit www.newtonhelp.com QUESTION 1 On January 1, 2015, Dillon Manufacturing leased another piece of machinery for use in its North American operations from Evans Bank. The nine-year, non-cancellable lease requires annual lease payments of $16,000, beginning January 1, 2015, and at each December 31 thereafter through 2022.

  21. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 3 Quiz For more course tutorials visit www.newtonhelp.com Question 1: If a company's deferred tax asset is not reduced by a valuation allowance, the company believes it is more likely than not that: Question 2: Which of the following statements typifies defined contribution plans? Question 3: The annual pension expense for what type of pension plan(s) is recorded by a journal entry that includes a debit to pension expense and a credit to the pension asset or pension liability?

  22. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 4 Assignment E 18-18, E 18-24, E 19-2, E 19-5, E 19-9, E 19-24, P 18-5 (Ash Course) For more course tutorials visit www.newtonhelp.com ACC 306 Week 4 Assignment E 18-18, E 18-24, E 19-2, E 19-5, E 19-9, E 19-24, P 18-5

  23. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 4 Communication Case 18-10 (Ash Course) For more course tutorials visit www.newtonhelp.com Communication Case 18–10 Should the present two-category distinction between liabilities and equity be retained? Group interaction. ● LO1 The current conceptual distinction between liabilities and equity defines liabilities independently of assets and equity, with equity defined as a residual amount. The present proliferation of financial instruments that combine features of both debt and equity and the difficulty of drawing a distinction have led many to conclude that the present two-category distinction between liabilities and equity should be eliminated.

  24. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 4 Ethics Case 19-7 International Network Solutions For more course tutorials visit www.newtonhelp.com Ethics Case 19–7 International Network Solutions ● LO6 International Network Solutions provides products and services related to remote access networking. The company has grown rapidly during its first 10 years of operations. As its segment of the industry has begun to mature, though, the fast growth of previous years has begun to slow.

  25. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 4 Homework (BE 19-3, BE 19-11, BE 19-5, E19-6, P19-2, P19-5, BE20-5, BE20-9, E20-9, E 20-11, P20-1, P20-3) For more course tutorials visit www.newtonhelp.com BE 19-3 BE 19-11 BE 19-5 E19-6 P19-2

  26. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 4 Quiz New For more course tutorials visit www.newtonhelp.com QUESTION 1 On January 1, Year 1, Sweeney Company granted an employee options to purchase 100 shares of Sweeney's common stock at $40 per share. The options became exercisable on December 31, Year 1, after the employee had completed one year of service, and were exercised on that date. Market prices of the stock and fair values of the options were as follows:

  27. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 4 Quiz For more course tutorials visit www.newtonhelp.com Question 1: Which of the following will require a recalculation of weighted-average shares outstanding for all years presented? Question 2: Which of the following statements is true when dividends are not declared or paid on cumulative preferred stock? Question 3: When treasury shares are sold at a price above cost:

  28. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 5 Analysis Case 20-10 (Ash Course) For more course tutorials visit www.newtonhelp.com Analysis Case 20–10 - DRS Corporation - Various changes ● LO1 through LO4 DRS Corporation changed the way it depreciates its computers from the sum-of-the-year’s-digits method to the straight-line method beginning January 1, 2011. DRS also changed its estimated residual value used in computing depreciation for its office building. At the end of 2011, DRS changed the specific subsidiaries constituting the group of companies for which its consolidated financial statements are prepared.

  29. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 5 Assignment E 20-18, P 21-11, P 21-14 (Ash Course) For more course tutorials visit www.newtonhelp.com ACC 306 Week 5 Assignment E 20-18, P 21-11, P 21-14

  30. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 5 Ethics Case 20-5 Softening the blow For more course tutorials visit www.newtonhelp.com Ethics Case 20–5 Softening the blow ● LO1 LO2 LO3 Late one Thursday afternoon, Joy Martin, a veteran audit manager with a regional CPA firm, was reviewing documents for a long-time client of the firm, AMT Transport. The year-end audit was scheduled to begin Monday.

  31. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 5 Ethics Case 21-7 For more course tutorials visit www.newtonhelp.com Ethics Case 21–7 - Ben Naegle - Where’s the cash? ● LO1 LO3 After graduating near the top of his class, Ben Naegle was hired by the local office of a Big 4 CPA firm in his hometown. Two years later, impressed with his technical skills and experience, Park Electronics, a large regional consumer electronics chain, hired Ben as assistant controller. This was last week. Now Ben’s initial excitement has turned to distress.

  32. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 5 Final Lease Paper (2 Papers) For more course tutorials visit www.newtonhelp.com This Tutorial contains 2 Papers of this Assignment ACC 306 Week 5 Final Paper (Lease) What is a lease and how is it used as a financing vehicle? How are leases accounted for within the firm’s financial reports? What is the difference between a capital lease and an operating lease? What is residual value? What are executory costs? What considerations are relevant in a lease or sell decision

  33. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 5 Homework (BE 21-7, BE 21-10, E 21-2, E 21-2, P21-1, BE 22-6, E 22-1) For more course tutorials visit www.newtonhelp.com BE 21-7 BE 21-10 E 21-2 E 21-2 P21-1

  34. ACC 306 Possible Is Everything/newtonhelp.com ACC 306 Week 5 Quiz (2 Set) For more course tutorials visit www.newtonhelp.com QUESTION 1 On August 31 of the current year, Harvey Co. decided to change from the FIFO periodic inventory system to the weighted-average periodic inventory system. Harvey uses U.S. GAAP, is on a calendar year basis, and does not present comparative financial statements. The cumulative effect of the change is determined:

  35. ACC 306 Possible Is Everything/ newtonhelp.com

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