ACC 290 Education for Service--tutorialrank.com

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ACC 290 Education for Service--tutorialrank.com
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Final Exam Guide (New, 2018, 100
Score) For more course tutorials
visit www.tutorialrank.com   Question 1 The best
definition of assets is the   collections of
resources belonging to the company and the claims
on these resources. cash owned by the company.
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 1 Apply Connect Assignment For more
course tutorials visit www.tutorialrank.com
    ACC 290 Week 1 Apply Connect
Assignment Complete the Week 1 Assignment in
Connect. Note You have only 1 attempt available
to complete assignments. 1 Harold Joseph is a
painting contractor who specializes in painting
commercial buildings. At the beginning of June,
his firms financial records showed the follo
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 1 Assignment Preparing an Income
Statement Retained Earnings Statement and Balance
Sheet For more course tutorials
visit www.tutorialrank.com   Purpose of
Assignment   The purpose of this assignment is
to help students become familiar with the
presentation of the income statement and the
retained earnings statement, including how
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 1 Discussion Question 1 For more
course tutorials visit www.tutorialrank.com
  What are the four basic financial statements?
What is the primary purpose of each of the four
basic financial statements? In your opinion,
which financial statement is the most important?
Explain why. How would the financial statements
be useful to manager
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 1 Discussion Question 2 For more
course tutorials visit www.tutorialrank.com
  What are debits and credits? How are debits
and credits used to record business transactions?
Why do accountants debit asset accounts to
increase them but credit liability accounts to
increase them? Why do accountants debit expenses
to increase them but credit revenues to increase
them?
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 1 Practice Connect Practice
Assignment For more course tutorials
visit www.tutorialrank.com     ACC 290 Week 1
Practice Connect Practice Assignment Complete the
Week 1 Practice in Connect. Note You have
unlimited attempts available to complete practice
assignments 1 On July 1, Tommy Wrigley
established Wrigle
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 1 Practice Quiz (New) For more
course tutorials visit www.tutorialrank.com
  ACC 290 Week 1 Quiz  Question 1  Current
assets are expected to be converted to cash or
consumed within the next year or the normal
operating cycle, whichever is longer.   Current
assets are economic resources that are expected
to be converted to cash or used up by the
business within one year or the normal operating
cycle, whichev
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 1 Vocabulary Activity (New) For more
course tutorials visit www.tutorialrank.com
  WileyPLUS Assignment Week 1 Vocabulary
Activity   Resource WileyPLUS   Complete the
following Week 1 Assignment in WileyPLUS  
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 1 Wiley Plus Assignment DI 1-3,
E1-3,E1-4, E2-4, IFRS2-4 (New) For more course
tutorials visit www.tutorialrank.com   WileyPLUS
Assignment Week 1 Assignment   Resource
WileyPLUS   Complete the following Week 1
Assignment
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 2 Apply Connect Assignment For more
course tutorials visit www.tutorialrank.com
    ACC 290 Week 2 Apply Connect
Assignment Complete the Week 2 Assignment in
Connect.   Note You have only 1 attempt
available to complete assignments  
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 2 Chapter 1,2,3 Orion WileyPlus
Proficiency and Practice Quiz For more course
tutorials visit www.tutorialrank.com   ACC 290
Chapter 1 Orion WileyPlus Build your Proficiency
Q 1.1 What is the primary purpose of the
statement of cash flows? Q 1.2 Which
financial statement summarizes the financial
position of a company? Q 1.3 Which financial
statement provides information for a specific
point in time? Q 1.4 The reports revenues and
expenses and resulting net income or less for a
perio
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 2 Charter for Collaborative Learning
Activities For more course tutorials
visit www.tutorialrank.com   Resources Week 2
Learning Team Collaborative Discussion and the
Learning Team Charter for Collaborative Learning
Activities   Write a 150- to 200-word individual
response to the following   Consider
the multiple definitions of collaboration
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 2 Discussion Question 1 For more
course tutorials visit www.tutorialrank.com
  What is the revenue recognition principle?
What is the expense recognition principle? Why
are they important to financial reporting?   What
are adjusting entries and why are they
necessary?  
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 2 Discussion Question 2 For more
course tutorials visit www.tutorialrank.com
  What accounts are subject to adjusting journal
entries and why?   How would you explain the
purpose of the adjusted trial balance?
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 2 LT Reflection Summary For more
course tutorials visit www.tutorialrank.com
  Discuss the objectives for ACC 290 Week One.
How do they relate to the practice of accounting
and its uses in business? Identify the four
basic financial statements. Classify
transactions using the rules of debit and credit.
Journalize basic transactions. Discuss how
financial statements would be useful to external
users such as investors and creditors. Write a
350 to 500 word summ
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 2 LT Reflection Summary (New) For
more course tutorials visit www.tutorialrank.com
  Discuss the objectives for ACC 290 Week Two.
  What do you think will be the most important
of the skills learned when you are in an
accounting position?   Differentiate between
accrual basis and cash basis of
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 2 LT Reflection Summary For more
course tutorials visit www.tutorialrank.com
  Discuss the objectives for ACC 290 Week One.
How do they relate to the practice of accounting
and its uses in business? Identify the four
basic financial statements. Classify
transactions using the rules of debit and credit.
Journalize basic transactions. Discuss how
financ
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 2 Practice Connect Practice
Assignment For more course tutorials
visit www.tutorialrank.com     ACC 290 Week 2
Practice Connect Practice Assignment Complete
the Week 2 Practice in Connect.   Note You have
unlimited attempts available to complete practice
assignments  
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 2 Practice Quiz (New) For more
course tutorials visit www.tutorialrank.com
  ACC 290 Week 2 Quiz  Question 1  Expenses
decrease retained earnings.  Question 2  During
2014, Gibson Company assets decreased 50,000 and
its liabilities decreased 90,000. Its
stockholders equity  
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 2 Vocabulary Activity (New) For more
course tutorials visit www.tutorialrank.com
  WileyPLUS Assignment Week 2 Vocabulary
Activity   Resource WileyPLUS   Complete the
following Week 2 Assignment in WileyPLUS
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 2 WileyPlus Assignment BYP2-2,
IFRS2-6, E3-4, E3-8, BYP 3-2, IFRS 3-2, P3-5,
P3-6 (New) For more course tutorials
visit www.tutorialrank.com   WileyPLUS
Assignment Week 2 Assignment   Resource
WileyPLUS   Complete the following Week 2
Assignment in WileyPLUS   BYP 2-2
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 3 Apply Connect Assignment For more
course tutorials visit www.tutorialrank.com
    ACC 290 Week 3 Apply Connect
Assignment Complete the Week 3 Assignment in
Connect.   Note You have only 1 attempt
available to complete
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 3 by 4 Learning Team Financial
Reporting Problem Part 1 (New) For more course
tutorials visit www.tutorialrank.com   Financial
Reporting Problem Part I   Browse the Internet to
acquire a copy of the most recent annual report
for a publicly traded company. Analyze the
information contained in the companys balance
sheet and
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 3 Chapter 4,5 Orion WileyPlus
Proficiency and Practice Quiz For more course
tutorials visit www.tutorialrank.com   ACC 290
Chapter 4 Orion WileyPlus Build your Proficiency
Q 4.1 Which of the following statements
about accrual-basis accounting is NOT true?
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 3 Discussion Question 1 For more
course tutorials visit www.tutorialrank.com
  What are the steps in completing the
accounting cycle? How do the different steps
affect the financial statements? What is the
effect on the financial statements of missing a
step when completing the accounting cycle? What
are the four closing journal entries? Why are
they necessary? What are reversing entries? Why
are they used? What are the pros and cons of
using reversing entries?
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 3 Discussion Question 2 For more
course tutorials visit www.tutorialrank.com
  What are the pros and cons of using reversing
entries? Why are reversing entries optional? What
is the main purpose of a financial statement
worksheet and its benefits? How has automation
aided the preparation, accuracy, and use of the
financial statement worksheet?
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 3 LT Reflection Summary For more
course tutorials visit www.tutorialrank.com
  Discuss the objectives for ACC 290 Week Two.
What do you think will be the most important of
the skills learned when you are in an accounting
position? Differentiate between accrual basis
and cash basis of accounting. Create Adjusting
Entries. Prepare an adjusted trial balance.
Write a 350 to 500 word summary of your Learning
Teams discussion.
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 3 Practice Connect Practice
Assignment For more course tutorials
visit www.tutorialrank.com     ACC 290 Week 3
Practice Connect Practice Assignment Complete the
Week3 Practice in Connect.   Note You have
unlimited attempts available to complete practice
assignments   1
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 3 Practice Quiz (New) For more
course tutorials visit www.tutorialrank.com
  ACC 290 Week 3 Quiz  
Question 1 The revenue recognition principle
dictates that revenue is recognized in the period
in which the cash is received.  
Question 2 The generally accepted accounting
principle which dictates that revenue be
recognized in the accounting period in which the
performance obligation is satisfi
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 3 Problem 5-5A (Simon Company) For
more course tutorials visit www.tutorialrank.com
  Purpose of Assignment   The purpose of this
assignment is to help you become familiar with
the parts of the multiple-step income
statement.   Assignment Steps
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 3 Vocabulary Activity (New) For more
course tutorials visit www.tutorialrank.com
  WileyPLUS Assignment Week 3 Practice
Quiz   Resource WileyPLUS   Complete the
following Week 3 Assignment in WileyPLUS
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 3 WileyPlus Assignment BE4-1, P4-2A,
P4-3A, BYP4-1, IFRS PQ-1, PQ-2, PQ-3,
PQ-4(New) For more course tutorials
visit www.tutorialrank.com   Assignment Week 3
Assignment   Complete the following Week 3
Assignment   Brief Exercise 4-1   Problem 4-2A
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 4 Apply Connect Assignment For more
course tutorials visit www.tutorialrank.com
    ACC 290 Week 4 Apply Connect
Assignment Complete the Week 4 Assignment in
Connect.   Note You have only 1 attempt
available to complete assignments   1
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 4 by 5 Individual Assignment
Financial Reporting Problem Part II (New) For
more course tutorials visit www.tutorialrank.com
 Financial Reporting Problem Part II Access the
internet to acquire a copy of the most recent
annual report for the public traded company used
to complete the Financial Reporting Problem, Part
1 assignment due in ACC 290 Week Four.  Analyze
the information contained in the companys
balance sheet and income statement to answer the
following questions Are the assets included
under the companys current assets listed in the
proper order? Explain your answer. How are the
companys assets classified? What are cash
equivalents?
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 4 Chapter 6 Orion WileyPlus
Proficiency and Practice Quiz For more course
tutorials visit www.tutorialrank.com     ACC 290
Chapter 6 Orion WileyPlus Build your
Proficiency     Q 6.1  Where is inventory
reported? Q 6.2  ________ are items that will
eventually be used in production Q 6.3  How is
inventory ready for sale classified in a
manufacturing company?   Q 6.4  In the perpetual
inventory system, which of the
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 4 Discussion Question 1 For more
course tutorials visit www.tutorialrank.com
    How would you calculate cost of goods sold?
What items make up cost of goods sold? How does
beginning and ending inventory affect cost of
goods sold? What are the journal entries a
merchandising organization would use to record
the purchase and subsequent sale of merchandise?
How would these transactions differ with a
periodic versus a perpetual invento
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 4 Discussion Question 2 For more
course tutorials visit www.tutorialrank.com
    What are the three different inventory cost
flow assumptions commonly used in commerce today
and allowed by generally accepted accounting
principles? How does a company determine what
cost flow assumption they should use? How does
first in, first out cost flow assumption work?
When it is most appropriate to use? How does last
in, first out cost flow assumption work
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 4 LT Reflection Summary For more
course tutorials visit www.tutorialrank.com
  Reflection and Financial Reporting Problem
Part I.   Discuss the objectives for ACC 290 Week
Three. How do they relate to the practice of
accounting and its uses in business? Prepare
closing entries, reversing entries, and a post
closing trial balance. Prepare a financial
statement work sheet. Prepare a classified
income st
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 4 Practice Connect Practice
Assignment For more course tutorials
visit www.tutorialrank.com     ACC 290 Week 4
Practice Connect Practice Assignment Complete the
Week 4 Practice in Connect.   Note You have
unlimited attempts available to complete practice
assignments.  
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 4 Practice Quiz (New) For more
course tutorials visit www.tutorialrank.com
  ACC 290 Week 4 Practice Quiz  Question 1  
A service company's operating cycle is
ordinarily shorter than that of a merchandising
company.   The operating cycle of a merchandising
company is ordinarily shorter than that of a
service company.   Question 2
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 4 Vocabulary Activity (New) For more
course tutorials visit www.tutorialrank.com
  WileyPLUS Assignment Week 4 Vocabulary
Activity   Resource WileyPLUS   Complete the
following Week 4 Assignment in WileyPLUS  
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 4 Wileyplus Assignment P4-8A,
BYP5-1, BYP5-2, BE5-1, BE5-2, IFRS5-2, IFRS5-4,
PQ-1, PQ-2, PQ-3 (New) For more course tutorials
visit www.tutorialrank.com   Week 4
Assignment   Complete the following Week 4
Assignment in  
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 4Evaluate The Inventory Section Of
Two companies Using Basic Comparative
Analysis For more course tutorials
visit www.tutorialrank.com   The purpose of this
assignment is to evaluate the inventory section
of two companies using basic comparative
analysis, and to interpret the data to gain
insight about the company's inventory
management.   Assignment Steps  
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 5 Apply Connect Assignment For more
course tutorials visit www.tutorialrank.com
    ACC 290 Week 5 Apply Connect
Assignment Complete the Week 5 Assignment in
Connect.   Note You have only 1 attempt
available to complete assignments   1 On December
31, after adjustments, Gonzalez Companys ledger
contains the following account balances          
                                         101     
Cash              30,200 Dr.       111     
Accounts Receivable              16,100 Dr.      
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 5 Discussion Question 1 For more
course tutorials visit www.tutorialrank.com
  What is the control environment? How does the
control environment affect a companys internal
controls? What are the negative and positive
elements of a control environment? What are two
examples of strong and weak internal controls in
organizations where you have worked or have
first-hand knowledge? How are these different?
How would you describe the key internal controls
that should be in place to protect cash in a cash
rich environment such as a merchandiser? W
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 5 IFRS Paper (New) For more course
tutorials visit www.tutorialrank.com   IFRS 2-1
In what ways does the format of a statement of
financial of position under IFRS often differ
from a balance sheet presented under GAAP?  
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 5 Learning Team Reflection Summary
(New) For more course tutorials
visit www.tutorialrank.com   Reflection and
Financial Reporting Problem Part II.   Discuss
the objectives for ACC 290 Week Four. In the
wake of accounting scandals over the past several
years, how has the Sarbanes-Oxley Act (SOX) of
2002
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 5 Practice Connect Practice
Assignment For more course tutorials
visit www.tutorialrank.com     ACC 290 Week 5
Practice Connect Practice Assignment Complete the
Week 5 Practice in Connect.   Note You have
unlimited attempts available to complete practice
assignments.
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 5 Preparing Comprehensive Bank
Reconciliation (Daisey Company) For more course
tutorials visit www.tutorialrank.com   Purpose
of Assignment   Reconciling bank accounts is a
good way to help maintain internal controls over
cash. With time lags and posting errors it is
easy for cash transactions to be
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ACC 290 Education for Service--tutorialrank.com
ACC 290 Week 5 WileyPlus Assignment BE6-5, BE6-7,
BYP6-1, BYP6-2, BE7-4, BE7-6, IFRS PQ-1, PFRS
PQ-2 (New) For more course tutorials
visit www.tutorialrank.com   Assignment Week 5
Assignment     Complete the following Week 5
Assignment  
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ACC 290 Education for Service--tutorialrank.com