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For more course tutorials visit\nwww.tutorialrank.com\nTutorial Purchased: 5 Times, Rating: A \nACC 205 Week 1 DQ 1 Accounting Equation\n ACC 205 Week 1 DQ 2 Accounts\n ACC 205 Week 1 Journal Balance Sheet Journal\n

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acc 205 education on your terms tutorialrank com 1

acc 205 Education on your terms

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ACC 205 Entire Course (New)

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ACC 205 Week 1 DQ 1 Accounting Equation

 ACC 205 Week 1 DQ 2 Accounts

 ACC 205 Week 1 Journal Balance Sheet Journal

 ACC 205 Week 2 DQ 1 Accounting Cycle

 ACC 205 Week 2 DQ 2 Bank Reconciliation

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acc 205 Education on your terms

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ACC 205 Week 1 DQ 1 Accounting Equation (New)

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As you have learned in this week’s readings the Accounting Equation is + Owners’ Equity.  Is the accounting equation true in all instances?  Provide sample transactions from your own experiences to demonstrate the validity of the Accounting Equation.  

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ACC 205 Week 1 DQ 2 Accounts (New)

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What does the term “account” mean?  What are the different classifications of accounts?  How do the rules for Debits and Credits impact accounts?  Please provide an example of how debits and credits impact accounts.

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ACC 205 Week 1 Exercise Assignment Basic Accounting Equations (New)

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1) Basic concepts. Jean's Marine Supply specializes in the sale of boating equipment and acces­sories. Identify the items that follow as an asset (A), liability (L), revenue (R), or expense (E) from the firm's viewpoint.

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ACC 205 Week 1 Journal Balance Sheet Journal (New)

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The Balance Sheet is a financial snap shot of a company at  a particular point in time.  The Balance Sheet lists the assets, liabilities, and equity of the company.  Reflect on your personal financial situation, can you apply the concepts of the Balance Sheet?  What did you learn from this reflection?

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ACC 205 Week 2 DQ 1 Accounting Cycle (New)

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Financial statements are a product of the accounting cycle.  Think about two different companies, one a manufacturing company, the other a retail company. 

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ACC 205 Week 2 DQ 2 Bank Reconciliation (New)

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What is the purpose of a bank reconciliation?  What are the reasons there are differences between the cash reported in the accounting records and the cash balance in the bank statements?

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ACC 205 Week 2 Exercise Assignment Revenue and Expenses (New)

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Recognition of concepts. Ron Carroll operates a small company that books entertainers for theaters, parties, conventions, and so forth. The company’s fiscal year ends on June 30.

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ACC 205 Week 2 Journal Income Statement Journal (New)

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The Income Statement measures the income and expenses of a company over a specific period of time.  Reflecting on your personal financial statement for the past month, can you apply the principles of the Income Statement?  What did you learn from this experience?

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ACC 205 Week 3 DQ 1 LIFO vs. FIFO (New)

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The controller of Sagehen Enterprises believes that the company should switch from the LIFO method to the FIFO method.  The controller’s bonus is based on the next income.

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ACC 205 Week 3 DQ 2 Depreciation (New)

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1. Specific identification method. Boston Galleries uses the specific identification method for inventory valuation. Inventory information for several oil paintings follows.

                                        Painting

                     Cost

1/2 Beginning inventory

Woods

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ACC 205 Week 3 Exercise Assignment Inventory (New)

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1. Specific identification method. Boston Galleries uses the specific identification method for inventory valuation. Inventory information for several oil paintings follows.

                                        Painting

                     Cost

1/2 Beginning inventory

Woods

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ACC 205 Week 3 Journal Inventory Journal (New)

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Reflect for a moment on the LIFO (Last in First Out) and FIFO (First in First Out) inventory methods. If you were starting a small manufacturing company, what inventory method do you believe would provide the most accurate financial statements? Why do you believe this is the case?

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ACC 205 Week 4 DQ 1 Current Liability (New)

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What is a current liability?  From a user of financial statements perspective why do you believe current liabilities are separated from long-term liabilities?  Based on your current experience and any additional research

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ACC 205 Week 4 DQ 2 Client Recommendations (New)

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A client comes to you thinking about starting a consulting business.  Specifically your client is interested in what type of entity should be created for this new business.

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ACC 205 Week 4 Exercise Assignment Liability (New)

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1.  Partner investments; journal entries. The LP partnership was formed on January 1, 19X7, by investments from Bill Levy and Marv Parcells. Levy contributed $30,000 cash and $80,000 of land.

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ACC 205 Week 4 Journal Future Obligations Journal (New)

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The current liability section of the balance sheet lists the liabilities that are due within the next 12 months.  Reflecting on your current financial situation, apply the concept of current liabilities. 

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ACC 205 Week 5 DQ 1 (New)

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ACC 205 Week 5 DQ 1 

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ACC 205 Week 5 DQ 2 (New)

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ACC 205 Week 5 DQ 2

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ACC 205 Week 5 Exercise Assignment Financial Ratios (New)

ment-financial-ratios-(new)

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1.      Liquidity ratios. Edison, Stagg, and Thornton have the following financial information at the close of business on July 10:

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ACC 205 Week 5 Final Paper Paper (New)

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Final PaperFocus of the Final PaperWrite a five to seven page financial statement analysis of a public company, and formatted according to APA style as outlined in the Ashford Writing Center. 

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ACC 205 Week 5 Journal Most Important Ratio Journal (New)

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Most Important Ratio Journal

Reflect for a moment on the ratios (working capital, current ratio, quick ratio, debt to asset, debt to equity, times interest earned, gross margin and net margin) presented this week.