ACC 291NEW Course Real Knowledge / acc291NEW dotcom

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ACC 291NEW Course Real Knowledge / acc291NEW dotcom

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For more course tutorials visit www.acc291.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 Question 2 The financial statements of the Melton Manufacturing Company reports net sales of $300,000 and accounts receivable of $50,000 and $30,000 at the beginning of the year and end of year, respectively. What is the average collection period for accounts receivable in days? Question 3 Stine Company purchased machinery with a list price of $64,000. They were given a 10% discount by the manufacturer. They paid $400 for shipping and sales tax of $3,000. Stine estimates that the machinery will have a useful life of 10 years and – PowerPoint PPT presentation

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Title: ACC 291NEW Course Real Knowledge / acc291NEW dotcom


1
ACC 291NEW Course Real Knowledge / acc291NEW.com
The Best way to predict the Future is to create
it.....To Best way....
www.acc291NEW.com
2
ACC 291NEW Course Real Knowledge / acc291NEW.com
ACC 291 Final Exam Guide (New) For more course
tutorials visit www.acc291.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 Question 2 The financial statements of the
Melton Manufacturing Company reports net sales of
300,000 and accounts receivable of 50,000 and
30,000 at the beginning of the year and end of
year, respectively. What is the average
collection period for accounts receivable in
days? Question 3 Stine Company purchased
machinery with a list price of 64,000. They were
given a 10 discount by the manufacturer. They
paid 400 for shipping and sales tax of 3,000.
Stine estimates that the machinery will have a
useful life of 10 years and a
3
ACC 291NEW Course Real Knowledge / acc291NEW.com
ACC 291 Final Exam Guide For more course
tutorials visit www.acc291.com we have another
New set of Final Exam Guide which could be found
on this link http//www.acc291.com/ACC-290/produ
ct-91-ACC-291-Final-Exam-Guide 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?
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ACC 291NEW Course Real Knowledge / acc291NEW.com
ACC 291 Week 1 Wileyplus Assignment E8-4, E8-11,
BYP8-1, and BYP8-2 (New) For more course
tutorials visit www.acc291.com Wiley Plus
Assignment Week 1 E8-4, E8-11, BYP8-1, and
BYP8-2 in MS Excel Exercise 8-4 Wainwright
Company Exercise 8-11 Fedex Corporation Broadening
your Perspective 8-1 Tootsie Roll Broadening
your Perspective 8-2 Tootsie Roll and Hershey
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ACC 291NEW Course Real Knowledge / acc291NEW.com
ACC 291 Week 2 - Fordyce and Atwater (New) For
more course tutorials visit www.acc291.com P10-5A
Fordyce Electronics issues a 400,000, 8,
10-year mortgage note on December 31, 2007. The
proceeds from the note are to be used in
financing a new research laboratory. The terms of
the note provide for semi annual installment
payments, exclusive of real estate taxes and
insurance, of 29,433. Payments are due June 30
and December 31. Complete the installment
payments schedule for the first 2 years. (Round
answers to 0 decimal places, e.g. 125. Use
rounded amounts for future calculations.)
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ACC 291NEW Course Real Knowledge / acc291NEW.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.acc291.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 Exercise 9-7 Wang, Co. Exercise
9-8 Cleand Company Broadening Your Perspective
9-1 Tootsie Roll Broadening Your Perspective
9-2 Tootsie Hershey Problem 9-2A Navaro
Corporation --------------------------------------
---------------------------------------
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ACC 291NEW Course Real Knowledge / acc291NEW.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.acc291.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 Broadening Your Perspective
11-1 Tootsie Roll Broadening Your Perspective
11-2 Tootsie
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ACC 291NEW Course Real Knowledge / acc291NEW.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.acc291.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 Problem 12-9A
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ACC 291NEW Course Real Knowledge / acc291NEW.com
The Best way to predict the Future is to create
it.....To Best way....
www.acc291NEW.com
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