ACC 205 nerd Absolute Tutors/acc205nerd.com

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ACC 205 nerd Absolute Tutors/acc205nerd.com

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ACC 205 nerd Absolute Tutors
ACC 205 Entire Course (Ash) FOR MORE CLASSES
VISIT www.acc205nerd.com     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 ACC 205 Week
2 Journal Income Statement Journal ACC 205 Week 3
DQ 1 LIFO vs. FIFO ACC 205 Week 3 DQ 2
Depreciation ACC 205 Week 3 Journal Inventory
Journal ACC 205 Week 4 DQ 1 Current Liability
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ACC 205 nerd Absolute Tutors
ACC 205 Entire Course(New) FOR MORE CLASSES
VISIT www.acc205nerd.com     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 ACC 205 Week 2
Journal Income Statement Journal ACC 205 Week 3
DQ 1 LIFO vs. FIFO ACC 205 Week 3 DQ 2
Depreciation ACC 205 Week 3 Journal Inventory
Journal ACC 205 Week 4 DQ 1 Current Liability
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ACC 205 nerd Absolute Tutors
ACC 205 Final Paper (New) FOR MORE CLASSES
VISIT www.acc205nerd.com Final Paper   Focus of
the Final Paper   Write 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. In this analysis
you will discuss the financial health of this
company with the ultimate goal of making a
recommendation to other investors. Your paper
should consist of the following sections
introduction, company overview, horizontal
analysis, ratio analysis, final recommendation,
and conclusions.
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ACC 205 nerd Absolute Tutors
ACC 205 Week 1 DQ 1 Accounting Equation
(Ash) FOR MORE CLASSES VISIT www.acc205nerd.com
Accounting Equation As you have learned in this
weeks 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 nerd Absolute Tutors
ACC 205 Week 1 DQ 1 Accounting Equation
(New) FOR MORE CLASSES VISIT www.acc205nerd.com
Accounting Equation As you have learned in this
weeks 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. Guided
Response Review several of your peers postings
and identify some core components that you feel
should be included in every transaction. Respond
to at least two of your peers and provide
recommendations to extend their thinking.
Challenge your peers by asking a question that
may cause them to reevaluate or add components to
their transactions.
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ACC 205 nerd Absolute Tutors
ACC 205 Week 1 DQ 2 Accounts (Ash) FOR MORE
CLASSES VISIT www.acc205nerd.com Accounts 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. Guided Response
Analyze several of your peers postings. Let at
least two of your peers know if this knowledge
could be used in their everyday lives. Is so,
how? If not, why not?
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ACC 205 nerd Absolute Tutors
ACC 205 Week 1 DQ 2 Accounts (New) FOR MORE
CLASSES VISIT www.acc205nerd.com Accounts 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. Guided Response
Analyze several of your peers postings. Let at
least two of your peers know if this knowledge
could be used in their everyday lives. Is so,
how? If not, why not?
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ACC 205 nerd Absolute Tutors
ACC 205 Week 1 Exercise Assignment Basic
Accounting Equations (New) FOR MORE CLASSES
VISIT www.acc205nerd.com 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. The inventory of boating supplies
owned by the company. (A) Monthly rental charges
paid for store space. (L) A loan owed to
Citizens Bank. (L) New computer equipment
purchased to handle daily record keeping. (A)
Daily sales made to customers. (R)
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ACC 205 nerd Absolute Tutors
ACC 205 Week 1 Journal Balance Sheet Journal
(New) FOR MORE CLASSES VISIT www.acc205nerd.com
Balance Sheet Journal 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? Carefully
review the Grading Rubric for the criteria that
will be used to evaluate your journal entry.
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ACC 205 nerd Absolute Tutors
ACC 205 Week 2 DQ 1 Accounting Cycle (New) FOR
MORE CLASSES VISIT www.acc205nerd.com ACC 205
Week 2 DQ 1 Accounting Cycle Financial statements
are a product of the accounting cycle. Think
about two different companies, one a
manufacturing company, the other a retail
company. Why would different companies have
different accounting cycles? Would you expect
the steps of the accounting cycle to be the same
for each company? Why or why not?
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ACC 205 nerd Absolute Tutors
ACC 205 Week 2 DQ 2 Bank Reconciliation
(New) FOR MORE CLASSES VISIT www.acc205nerd.com
Bank Reconciliation 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? Analyze several of your peers
postings. Let at least two of your peers know
what happens to the discrepancies between the
book balance and the bank balance. Could these
differences just be written off.
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ACC 205 nerd Absolute Tutors
ACC 205 Week 2 Exercise Assignment Revenue and
Expenses (New) FOR MORE CLASSES
VISIT www.acc205nerd.com 1. Recognition of
concepts. Ron Carroll operates a small company
that books entertainers for theaters, parties,
conventions, and so forth. The companys fiscal
year ends on June 30. Consider the following
items and classify each as either (1) prepaid
expense, (2) unearned revenue, (3) accrued
expense, (4) accrued revenue, or (5) none of the
foregoing. a. Amounts paid on June 30 for a
1-year insurance policy b. Professional fees
earned but not billed as of June 30 c. Repairs to
the firms copy machine, incurred and paid in
June d. An advance payment from a client for a
performance next month at a convention
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ACC 205 nerd Absolute Tutors
ACC 205 Week 2 Journal Income Statement Journal
(New) FOR MORE CLASSES VISIT www.acc205nerd.com
Income Statement Journal 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 nerd Absolute Tutors
ACC 205 Week 3 DQ 1 LIFO vs. FIFO (New) FOR MORE
CLASSES VISIT www.acc205nerd.com LIFO vs.
FIFO The controller of Sagehen Enterprises
believes that the company should switch from the
LIFO method to the FIFO method. The controllers
bonus is based on the next income. It is the
controllers belief that the switch in inventory
methods would increase the net income of the
company. What are the differences between the
LIFO and FIFO methods?
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ACC 205 nerd Absolute Tutors
ACC 205 Week 3 DQ 2 Depreciation (New) FOR MORE
CLASSES VISIT www.acc205nerd.com Depreciation The
re is a variety of depreciation methods used to
allocate the cost of an asset to all of the
accounting periods benefited by the use of the
asset. Your client has just purchased a piece of
equipment for 100,000. Explain the concept of
depreciation. Which of the following
depreciation methods would you
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ACC 205 nerd Absolute Tutors
ACC 205 Week 3 Exercise Assignment Inventory
(New) FOR MORE CLASSES VISIT www.acc205nerd.com
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 11,000 4/19
Purchase Sunset 21,800
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ACC 205 nerd Absolute Tutors
ACC 205 Week 3 Journal Inventory Journal
(New) FOR MORE CLASSES VISIT www.acc205nerd.com
Inventory Journal 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 nerd Absolute Tutors
ACC 205 Week 4 DQ 1 Current Liability (New) FOR
MORE CLASSES VISIT www.acc205nerd.com Current
Liability 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
you may have done provide two examples of
situations where businesses collect monies from
customers and employees and reports these amounts
as a current liability.
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ACC 205 nerd Absolute Tutors
ACC 205 Week 4 DQ 2 Client Recommendations
(New) FOR MORE CLASSES VISIT www.acc205nerd.com
Client Recommendations 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. Based on your readings or any
additional research you may have done, discuss
the advantages and disadvantages of the
following sole proprietorship, partnership, and
corporation. Based on these advantages and
disadvantages provide a clear recommendation to
your client.
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ACC 205 nerd Absolute Tutors

• ACC 205 Week 4 Exercise Assignment Liability
  (New)
• FOR MORE CLASSES VISIT
• www.acc205nerd.com
• Week Four Exercise Assignment Liability
• 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. Parcells contributed cash of 50,000 and
  equipment with a value of 20,000.
• a. Prepare the journal entries needed to
  record the investments of Levy and Parcells.

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ACC 205 nerd Absolute Tutors
ACC 205 Week 4 Journal Future Obligations Journal
(New) FOR MORE CLASSES VISIT www.acc205nerd.com
Future Obligations Journal 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. What does this analysis tell you
about your future obligations? What did you
learn from this experience?
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ACC 205 nerd Absolute Tutors
ACC 205 Week 5 DQ 1 (New) FOR MORE CLASSES
VISIT www.acc205nerd.com ACC 205 Week 5 DQ 1
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ACC 205 nerd Absolute Tutors
ACC 205 Week 5 DQ 2 (New) FOR MORE CLASSES
VISIT www.acc205nerd.com ACC 205 Week 5 DQ 2
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ACC 205 nerd Absolute Tutors
ACC 205 Week 5 Exercise Assignment Financial
Ratios (Ash) FOR MORE CLASSES VISIT www.acc205ner
d.com Week Five Exercise Assignment Financial
Ratios 1. Liquidity ratios. Edison, Stagg,
and Thornton have the following financial
information at the close of business on July 10
Edison Stagg Thornton Cash 4,000
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ACC 205 nerd Absolute Tutors
ACC 205 Week 5 Journal Most Important Ratio
Journal(New) FOR MORE CLASSES VISIT www.acc205ner
d.com 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. If you were
considering investing in a company what ratio
would be the most important to you? Formulate
and argument to defend your position.
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ACC 205 nerd Absolute Tutors