ACC 291 Education on your terms/ www.tutorialrank.com

1 / 32

# ACC 291 Education on your terms/ www.tutorialrank.com - PowerPoint PPT Presentation

For more course tutorials visit
www.tutorialrank.com

Question 1 An aging of a company's accounts receivable indicates that \$4,500 are estimated to be uncollectible. If Allowance for Doubtful Accounts has a \$1,200 credit balance, the adjustment to record bad debts for the period will require a

I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.

## ACC 291 Education on your terms/ www.tutorialrank.com

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.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.

- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Final Exam Guide (New)

For more course tutorials visit

www.tutorialrank.com

Question 1 An aging of a company's accounts receivable indicates that \$4,500 are estimated to be uncollectible. If Allowance for Doubtful Accounts has a \$1,200 credit balance, the adjustment to record bad debts for the period will require a

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Final Exam Guide (UOP Course)

For more course tutorials visit

www.tutorialrank.com

1)Hahn Company uses the percentage of sales method for recording bad debts expense. For the year, cash sales are \$300,000 and credit sales are \$1,200,000. Management estimates that 1% is the sales percentage to use. What adjusting entry will Hahn Company make to record the bad debts expense?

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Final Exam Guide

For more course tutorials visit

www.tutorialrank.com

Question 207

On January 1, a machine with a useful life of five years and a residual value of \$40,000 was purchased for \$120,000. What is the depreciation expense for year 2 under the double-declining-balance method of depreciation?

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 1 Discussion Question 1 (UOP Course)

For more course tutorials visit

www.tutorialrank.com

How would you describe the entries to record the disposition of accounts receivables?

What is their function?

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 1 Discussion Question 2 (UOP Course)

For more course tutorials visit

www.tutorialrank.com

How are bad debts accounted for under the direct write-off method?

What are the disadvantages of this method?

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 1 Wileyplus Assignment E8-4, E8-11, BYP8-1, and BYP8-2 (New)

For more course tutorials visit

www.tutorialrank.com

E8-4, E8-11, BYP8-1, and BYP8-2 in MS Excel

Exercise 8-4 Wainwright Company

Exercise 8-11 Fedex Corporation

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 2 Discussion Question 1 (UOP Course)

For more course tutorials visit

www.tutorialrank.com

What are the differences among valuation, depreciation, amortization, and depletion?

Is it appropriate to calculate depreciation using two different methods? Why?

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 2 Discussion Question 2 (UOP Course)

For more course tutorials visit

www.tutorialrank.com

What types of industries have unearned revenue?

Why is unearned revenue considered a liability?

When is the unearned revenue recognized in the financial statements?

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 2 Individual Wiley PLUS Assignment Week Two (UOP Course)

For more course tutorials visit

www.tutorialrank.com

Resource:WileyPLUS

Complete the followingWileyPLUS Week Two Exercises and Problem:

· Exercise E8-3

· Exercise BE9-13

· Exercise Do It! 9-4

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 2 Individual WileyPLUS PracticeCh 8,9,10 Quiz (UOP Course)

For more course tutorials visit

www.tutorialrank.com

Resource:WileyPLUS

Complete the WileyPLUS Week Two Practice Quizzes for chapters 8, 9, and 10. Submit your results through the Gradebook ASSIGNMENTS. Screen prints or shots are acceptable on a WORD document.

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 2 Learning Team Weekly Reflection (UOP Course)

For more course tutorials visit

www.tutorialrank.com

Discuss the objectives for Weeks One and Two. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field.

Write a 350- to 1,050-word summary of the team’s discussion.

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 2 Wileyplus Assignment P8-3A, BE9-11, DI9-5, E9-7, E9-8, BYP9, P9-2A (New)

For more course tutorials visit

www.tutorialrank.com

P8-3A, BE9-11, DI9-5, E9-7, E9-8, BYP9, P9-2A.

Problem 8-3A: Bosworth Company

Brief Exercise 9-11: Nike, Inc.

Do It! 9-5

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 3 Discussion Question 1 (UOP Course)

For more course tutorials visit

www.tutorialrank.com

Why does a company choose to form as a corporation?

What are the steps required to become a corporation?

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 3 Discussion Question 2 (UOP Course)

For more course tutorials visit

www.tutorialrank.com

Why is preferred stock referred to as preferred?

What are some of the features added to preferred stock that make it more attractive to investors?

Would you select preferred stock or common stock as an investment? Why?

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 3 Individual WileyPLUS Assignment (UOP Course)

For more course tutorials visit

www.tutorialrank.com

Resource:WileyPLUS

Complete the followingWileyPLUS Week Three Exercises and Problems:

· Exercise E9-7

· Exercise E10-5

· Exercise E10-10

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 3 Individual WileyPLUS Practice Quiz Ch. 11,12 (UOP Course)

For more course tutorials visit

www.tutorialrank.com

Resource:WileyPLUS

Complete the WileyPLUS Week Three Practice Quizzes for chapters 11 and 12.

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 3 Learning Team Weekly Reflection (UOP Course)

For more course tutorials visit

www.tutorialrank.com

Discuss the objectives for Week Three. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field.

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 3 Wileyplus Assignment P9-7A, E10-5, E10-8, E10-13, E10-22, E10-24, BYP10, P10-9A, P10-13A, IFRS10-4 (New)

For more course tutorials visit

www.tutorialrank.com

·P9-7A, E10-5, E10-8, E10-13, E10-22, E10-24, BYP10, P10-9A, P10-13A, IFRS10-4.

Exercise 10-5: Olinger Company

Exercise 10-8: Ortega Company

Exercise 10-13: Romine Company

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 4 Discussion Question 1 (UOP Course)

For more course tutorials visit

www.tutorialrank.com

Why are companies required to prepare a statement of cash flows?

Why is the statement of cash flows divided into three sections?

What does each section tell you about the operations of a company?

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 4 Discussion Question 2 (UOP Course)

For more course tutorials visit

www.tutorialrank.com

What are some common ratios used to analyze financial information? Which are the most important?

What are some examples of how ratios are used in the decision making process?

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 4 Individual WileyPLUS Assignment (UOP Course)

For more course tutorials visit

www.tutorialrank.com

Resource:WileyPLUS

Complete the following WileyPLUS Week Four Exercises and Problems:

· Exercise Do It! 11-1

· Exercise E11-15

· Exercise E11-16

· Problem P11-6A

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 4 IndividualWileyPLUS Practice (UOP Course)

For more course tutorials visit

www.tutorialrank.com

Resource:WileyPLUS

Complete the WileyPLUS Week Four Practice Quizzes for chapters 13 and 14

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 4 Learning Team Weekly Reflection (UOP Course)

For more course tutorials visit

www.tutorialrank.com

Discuss the objectives for Week Four. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field.

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 4 Wileyplus Assignment Do It! 11-1, E11-5, E11-7, BYP11-1, BYP11-2, P11-5A, P11-8A (New)

For more course tutorials visit

www.tutorialrank.com

Do It! 11-1, E11-5, E11-7, BYP11-1, BYP11-2, P11-5A, P11-8A.

Do It! 11-1

Exercise 11-5 Garcia Corporation

Exercise 11-7 Pele Company

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 5 Discussion Question 1 (UOP Course)

For more course tutorials visit

www.tutorialrank.com

Why do corporations buy back their own stock?

What does it tell you about the corporation?

What effect does the purchase have on the price of a company’s stock?

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 5 Individual Effect of Unethical Behavior Article Analysis (UOP Course)

For more course tutorials visit

www.tutorialrank.com

Write a 350- to 700-word article analysis in which you identify situations that might lead to unethical practices and behavior in accounting.

Examine the effect of the Sarbanes-Oxley Act of 2002 on financial statements.

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 5 Individual WileyPLUSAssignment (UOP Course)

For more course tutorials visit

www.tutorialrank.com

Resource:WileyPLUS

Complete the following Week Five WileyPLUSExercises and Problems:

Exercise E13-1

Exercise E13-8

Exercise E14-1

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 5 Learning Team Ratio Analysis Memo (UOP Course)

For more course tutorials visit

www.tutorialrank.com

Resource:Virtual Organizations

Click the Virtual Organization link on the student website to access the Virtual Organizations.

Select one of the Virtual Organizations as the basis for the assignment.

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 5 Learning Team Weekly Reflection (UOP Course)

For more course tutorials visit

www.tutorialrank.com

Discuss the objectives for Week Five. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field.

ACC 291 Education on your terms

/ tutorialrank.com

ACC 291 Week 5 Wileyplus Assignment E7-3, E12-1, E12-8, P12-9A, P12-10A, E13-3, E13-4, IFRS13-1, P13-2A (New)

For more course tutorials visit

www.tutorialrank.com

· E7-3, E12-1, E12-8, P12-9A, P12-10A, E13-3, E13-4, IFRS13-1, P13-2A.

Exercise 7-3

Exercise 12-1

Exercise 12-8