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\nVisit Below Link, To Download This Course:\n\nhttps://www.tutorialsservice.net/product/acc-201-financial-accounting-full-course-latest-trident/\n\nOr \nEmail us on\nSUPPORT@TUTORIALSSERVICE.NET\n\nACC 201 Financial Accounting Full Course Latest-Trident\nACC201\nFinancial Accounting\nACC 201 Module 1 Discussion Latest-Trident\nWe have emphasized the income statement and balance sheet in this module. A third financial statement, the statement of cash flow is also important. How is the cash flow statement different and what is its purpose?\nDo research on the Internet and show the reference for the information. Don’t forget to respond to a colleague’s posting also.\nProfessor’s Note: In addition to searching the Internet for text related to this threaded discussion, please watch the following videos (click on the following link to access these videos) and post your comments.\n.youtube.com/watch?v=mr1Mu_z_N4o”>http://www.youtube.com/watch?v=mr1Mu_z_N4o What is cash flow?\n.youtube.com/watch?v=38WcNba0Ic0″>http://www.youtube.com/watch?v=38WcNba0Ic0 Cash Flow 1 Statement of Cash Flows Format\nGrading Criteria: Try to add information not previously discussed by others. Please, provide factual information (not merely opinions) backed up by details or examples. Your comments should be in your own words and include references\n

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acc 201 financial accounting full course latest

ACC 201 FINANCIAL ACCOUNTING FULL COURSE

LATEST-TRIDENT

Visit Below Link, To Download This Course:

https://www.tutorialsservice.net/product/acc-201-financial-accounting-full-course-latest-trident/

Or

Email us on

SUPPORT@TUTORIALSSERVICE.NET

ACC 201 Financial Accounting Full Course Latest-Trident

ACC201

Financial Accounting

ACC 201 Module 1 Discussion Latest-Trident

We have emphasized the income statement and balance sheet in this module. A third financial statement,

the statement of cash flow is also important. How is the cash flow statement different and what is its

purpose?

Do research on the Internet and show the reference for the information. Don’t forget to respond to a

colleague’s posting also.

Professor’s Note: In addition to searching the Internet for text related to this threaded discussion, please

watch the following videos (click on the following link to access these videos) and post your comments.

.youtube.com/watch?v=mr1Mu_z_N4o”>http://www.youtube.com/watch?v=mr1Mu_z_N4o What is cash

flow?

.youtube.com/watch?v=38WcNba0Ic0″>http://www.youtube.com/watch?v=38WcNba0Ic0 Cash Flow 1

Statement of Cash Flows Format

Grading Criteria: Try to add information not previously discussed by others. Please, provide factual

information (not merely opinions) backed up by details or examples. Your comments should be in your

own words and include references

acc 201 module 2 discussion latest trident

ACC 201 Module 2 Discussion Latest-Trident

The financial statements are the representation of management. How can investors and other third

parties trust this information? Discuss the CPA’s role as an external auditor.

Do research on the Internet and show the reference for the information. Don’t forget to respond to a

colleague’s posting also.

Professor’s Note: In addition to searching the Internet for text related to this threaded discussion, please

watch the following videos (click on the following link to access these videos) and post your comments.

.youtube.com/watch?v=uz-TSaCL3LQ”>http://www.youtube.com/watch?v=uz-TSaCL3LQ Business

Accounting: How to perform an External Audit-Accounting Supplemental-Program Steam

.youtube.com/watch?v=3rVmbGfhaps”>http://www.youtube.com/watch?v=3rVmbGfhaps Basic

Accounting: What Are Generally Accepted Auditing Standards?

Grading Criteria: Try to add information not previously discussed by others. Please, provide factual

information (not merely opinions) backed up by details or examples. Your comments should be in your

own words and include references.

ACC 201 Module 3 Discussion Latest-Trident

CPA is involved in many aspects of accounting and business. Let’s discuss some other tasks, other than

external auditing, that the CPA performs. What are some non-traditional areas where CPAs are now

involved?

Do research on the Internet and show the reference for the information. Don’t forget to respond to a

colleague’s posting also.

Professor’s Note: In addition to searching the Internet for text related to this threaded discussion, please

watch the following video (click on the following link to access the video) and post your comments.

.youtube.com/watch?v=TkmtNNUHzLo”>http://www.youtube.com/watch?v=TkmtNNUHzLo Audit and

Assurance Chapter 1 F8 2013

Grading Criteria: Try to add information not previously discussed by others. Please, provide factual

information (not merely opinions) backed up by details or examples. Your comments should be in your

own words and include references.

ACC 201 Module 4 Discussion Latest-Trident

accounting is becoming a global business language

Accounting is becoming a global business language. Provide some evidence of this assertion. What are

some of the implications of this trend?

Do research on the Internet and show the reference for the information. Don’t forget to respond to a

colleague’s posting also.

Professor’s Note: In addition to searching the Internet for text related to this threaded discussion, please

watch the following videos (click on the following link to access these videos) and post your comments.

.youtube.com/watch?v=4kIWqDK4j5Q”>http://www.youtube.com/watch?v=4kIWqDK4j5Q Why Study

Accounting?

.youtube.com/watch?v=Ge7Ofw2EHiQ”>http://www.youtube.com/watch?v=Ge7Ofw2EHiQ Why

Accounting Is the Language of Business

Grading Criteria: Try to add information not previously discussed by others. Please, provide factual

information (not merely opinions) backed up by details or examples. Your comments should be in your

own words and include references.

ACC 201 Module 4 Reflection Discussion Latest-Trident

Given the readings and assignments in the course, identify and briefly discuss two important concepts

applicable to the business decision making process.

ACC 201 Module 1 Case Latest-Trident

Module 1 – Case

FINANCIAL STATEMENTS

Assignment Overview There are three main parts to this case that requires you to prepare and submit a

three to five page paper. Please make sure this paper is well organized and covers all of the items below.

Part I

Search the course background information, the Internet and/or the Cyber Library. Discuss the terms listed

below. Your discussion should expand on the definition as given in the module background. Explain why

these concepts are important to financial statements.

Generally Accepted Accounting Principles (US GAAP);

International Accounting Standards (IFRS);

Securities and Exchange Commission (SEC);

Annual report; and

slide4

10-K, 10-Q, and 8-K

Part II

Explain the basic formats of financial statements such as income statement, balance sheet,

statement of cash flows, and statement for retained earnings.

Part III

1. Everything in Accounting typically falls into one of three categories, as illustrated by the

Accounting Equation. State the Accounting Equation: Assets = _______________ +

_______________

2. You will note that the Accounting Equation comprises 3 “categories,” each of which can be

broken down further into accounts. For each of the three main categories of the Accounting

Equation, list 5 or more accounts with actual amounts that would typically be classified into each.

For instance, Land & Equipment would typically be categorized as Assets.

3. To simplify your answers, complete the assignment using a basic table or diagram.

Assignment Expectations

The submission should be 3 to 6 pages and need to include answers to all the questions listed above.

Show computations, discuss the results and include references in APA format.

When your paper is done, send it in.

ACC 201 Module 1 SLP Latest-Trident

Module 1 – SLP

FINANCIAL STATEMENTS

Below find the trial balance for Nybrostrand Company. Prepare an income statement and balance sheet

in good format based on .trident.edu/content/enforced/71811-ACC201-WIN2016-

2/Formats%20of%20Financial%20Statements%20Module%201%20ACC201.docx?_&d2lSessionVal=zEs

IugPgkw0Vw4LI4xR6CuuyP&ou=71811″>Formats of Financial Statements (Presentations). After you

have completed the two statements comment on the success of the company. Support your answer with

information from the financial statements you just prepared.

Nybrostrand Company

31-Dec-14

Trial Balance (accounts in alphabetical order)

Accounts payable

Accounts receivable

Cash

Common stock

Depreciation expense

Debit

$ 36,500

30,000

24,350

Credit

$ 78,000

10,000

cost of goods sold equipment net of depreciation

Cost of goods sold

Equipment (net of depreciation)

Insurance

Inventory

Long-term debt

Marketing

Paid-in capital

Property taxes

Rent

Retained earnings

Revenues

Salaries

Utilities

Total

307,000

415,000

1,400

34,000

4,500

16,900

28,000

78,500

6,700

982,850

127,000

50,000

?

586,000

982,850

SLP Assignment Expectations

The submission should be 2 to 4 pages and need to include answers to all the questions listed above.

Show computations, discuss the results and include references in APA format.

When your paper is done, send it in.

ACC 201 Module 2 Case Latest-Trident

Module 2 – Case

INCOME STATEMENT

Assignment Overview There are two main parts to this Case that requires you to prepare and submit a 3-

to 5-page paper. Please make sure this paper is well organized and covers all of the items below.

Part I

Why is revenue recognition a significant issue? How do we determine when revenues are

recorded for accounting purposes?

Explain the difference between a product and period expense.

Discuss the matching concept as it relates to accounting for revenues and inventory.

Part II

Refer to the latest annual financial statements for the two following companies:

Apple:.apple.com/”>http://investor.apple.com/and Samsung:

.samsung.com/us/aboutsamsung/ir/newsMain.do”>http://www.samsung.com/us/aboutsamsung/ir/

newsMain.do. Generally, this information is found in the Investor Relations area of the website.

Clearly identify the companies, the time period, and include the link to the financial statements you are

analyzing in your report.

What accounting conventions do the two companies follow, US GAAP or IFRS?

slide6

Locate the income statement for the past two years for both companies. Prepare a table

comparing five items or more from each statement.

Comment on the changes from one year to another. Is the company doing better or worse? Did

revenues and expenses increase or decrease?

Is it easy to discern trends or compare the information from year to year and between the two

companies? Please, comments on both aspects and show some examples.

Assignment Expectations

The submission should be 3 to 5 pages and need to include answers to all the questions listed above.

Show computations, discuss the results and include references in APA format.

When your paper is done, send it in.

ACC 201 Module 2 SLP Latest-Trident

Module 2 – SLP

INCOME STATEMENT

We are using the same company as in the first module. However, you need to consider some additional

information.

One client had indicated that they were interested in purchasing $42,500 worth of products, so the

bookkeeper recorded the transaction. However, the client has not actually committed to the purchase.

The bookkeeper already corrected the sales account. However, the bookkeeper may have made a

mistake when computing cost of goods sold. She included total production costs for 2014 and did not

adjust ending inventory for the $42,500 worth of units left at the end of the year. The amount of ending

inventory was determined using a physical count.

Nybrostrand Company

31-Dec-14

Trial Balance (accounts in alphabetical order)

Accounts payable

Accounts receivable

Cash

Common stock

Depreciation expense

Cost of goods sold

Equipment (net of depreciation)

Insurance

Inventory

Long-term debt

Marketing

Paid-in capital

Debit

$ 36,500

30,000

24,350

307,000

415,000

1,400

34,000

4,500

Credit

$ 78,000

10,000

127,000

50,000

property taxes rent retained earnings revenues

Property taxes

Rent

Retained earnings

Revenues

Salaries

Utilities

Total

16,900

28,000

78,500

6,700

982,850

?

586,000

982,850

SLP Assignment Expectations

Prepare an income statement for the company in good format. Always include the name of the company

and the period covered in the title. Don’t forget dollar signs where appropriate. You do not need to include

the balance sheet. Consequently, you will not need all the accounts listed above. How does the income or

loss compare to the original income statement? Explain the importance of the matching concept.

The submission should be 2 to 4 pages and need to include answers to all the questions listed above.

Show computations, discuss the results and include references in APA format.

When your paper is done, send it

ACC 201 Module 3 Case Latest-Trident

Module 3 – Case

BALANCE SHEET

Assignment Overview

The main purpose of this module is to review the balance sheet in more detail.

Is there a difference in approach to valuation by US GAAP and IFRS? Discuss and note two or three

specific differences. In addition, clearly

Distinguish between an expense (expired cost) and an asset.

Distinguish between current and long-term assets.

Distinguish between current and long-term liabilities.

Review Apple’s balance sheet and provide two examples of each of the above categories.

Discuss retained earnings and how income or loss and dividends affect this account. Review

Apple’s retained earnings account and explain how it changes between the two past years.

Comment on at least three differences between Apple’s and Samsung’s balance sheets.

Does Apple or Samsung have more debt?

Which of the two companies is the bigger one? Explain your reasoning.

Assignment Expectations

The submission should be 3 to 5 pages and need to include answers to all the questions listed above.

Show computations, discuss the results and include references in APA format.

when your paper is done send it in

When your paper is done, send it in.

ACC 201 Module 3 SLP Latest-Trident

Module 3 – SLP

BALANCE SHEET

We’re continuing to analyze the same company as in modules 1 and 2.

Additional information added in module 2

One client had indicated that they were interested in purchasing $42,500 worth of products.

However, the client has not actually committed to the purchase.

The bookkeeper already corrected the sales account. However, the bookkeeper may have made

a mistake when computing cost of goods sold. She included total production costs for 2014 and

did not adjust ending inventory for the $42,500 worth of units left at the end of the year. The

amount of ending inventory was determined using a physical count.

Additional information for module 3

The company made a secondary offering of stock and raised an additional $180,000 which

includes $150,000 of Paid-in Capital.

The company had already paid $15,000 in dividends before deciding on the offering.

The company now has cash to invest in a piece of raw land on which to build in the future. The

investment takes place before year end.

The cost of the land is $400,000, the down payment is $40,000 and a note to the bank covers the

rest.

Nybrostrand Company

31-Dec-14

Trial Balance (accounts in alphabetical order)

Accounts payable

Accounts receivable

Cash

Common stock

Depreciation expense

Cost of goods sold

Equipment (net of depreciation)

Insurance

Inventory

Long-term debt

Marketing

Paid-in capital

Property taxes

Rent

Retained earnings

Revenues

Salaries

Utilities

Total

Debit

$ 36,500

30,000

24,350

307,000

415,000

1,400

34,000

4,500

16,900

28,000

78,500

6,700

982,850

Credit

$ 78,000

10,000

127,000

50,000

?

586,000

982,850

slp assignment expectations

SLP Assignment Expectations

Prepare a balance sheet for the company in good format. Update the balance sheet for the changes to

income in module 2 and also consider the effect of paying the dividend. You do not need to include the

income statement.

The submission should be 2 to 4 pages and need to include answers to all the questions listed above.

Show computations, discuss the results and include references in APA format.

When your paper is done, send it in. .

trident.edu/privacy-policy”>Priv

ACC 201 Module 4 Case Latest-Trident

Module 4 – Case

STATEMENT OF CASH FLOWS

Assignment Overview

The main purpose of this module is to review the statement of cash flows in more detail.

Is there a difference between direct and indirect methods to make a statement of cash flows? Discuss

and note two or three specific differences. Additionally, clearly

Distinguish between cash flows from operating activities and cash flows from investing activities.

Compare the statement of cash flows with income statement, using terms of net income and cash

at end of the year.

Which of the two financial statements (income statement and statements of cash flows) is the

better one? Explain your reasoning.

Comment on the differences between Apple’s and Samsung’s statement of cash flows.

Assignment Expectations

The submission should be 3- to 5-pages and need to include answers to all the questions listed above.

Show formula for computations, compare two financial statements, discuss the results, and include

references in APA format.

When your paper is done, submit it.

ACC 201 Module 4 SLP Latest-Trident

Module 4 – SLP

statement of cash flows

STATEMENT OF CASH FLOWS

We’re continuing to analyze the same company as in modules 1, 2, and 3.

Based on additional information added in modules 2 and 3, please use the information below to make a

statement of cash flows.

The beginning cash balance is $30,000.

Use the Net Income from Module 2.

Use depreciation expense of Module 1.

During the year 14, Inventory increases by $42,500.

During the year 14, Land increases by $400,000.

During the year 14, Long-Term Debts increase by $360,000.

During the year 14, the company made a secondary offering of stock and raised an additional

$180,000 which includes $150,000 of Paid-in Capital.

During the year 14, the company had paid $15,000 in dividends.

Using the Indirect Method, prepare a statement of cash flows for the company in good format and

compare two financial statements between the income statement and statement of cash flows. You do

not need to include the income statement or balance sheet.

This is a Signature Assignment Expectation for ACC201 Module 4 SLP

There are 2 specific learning outcomes: 1) apply business theories, models, and concepts to guide

analysis of problems and situations and 2) utilize data driven analysis in making business decisions.

In this SLP assignment for Module 4 our emphasis will be on understanding the statement of cash flows.

You will be summarizing all of what you learned the in the Cases, SLPs and Discussions.

The grading rubric below has been developed to measure student success in meeting the ACC201

Module 4 SLP expectations related to applying your knowledge of the statement of cash flows and

income statement on making business decisions.

SLP Assignment Expectations

Create a statement of cash flows and compare cash flows with net income.

Write 2-4 pages, showing computations and discussing the results.

List supporting references and cite sources.

Use appropriate writ

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