ACCT 504 Read, Lead, Succeed/Uophelpdotcom

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ACCT 504 Read, Lead, Succeed/Uophelpdotcom

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ACCT 504 Case Study 1 (Gordon Construction)

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• Case Study 1 (Part A)
• Analyze the impact of business transactions on
  accounts record (journalize and post)
  transactions in the books construct and use a
  trial balance) During the first month of
  operation of Gordon Construction, Inc., completed
  the following transactions
• June
• 2
• Gordon received 55,000 cash and issued common
  stock to the stockholders.
• 3 Purchased supplies, 3,000, and equipment,
  5,200, on account.
• 4 Performed services for a client and received
  cash, 6,300.

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ACCT 504 Case Study 2 (Williams Oil)

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• Case study
• (Learning Objectives 2, 4 Explain the components
  of internal control evaluate internal controls)
  Each of the following situations reveals an
  internal control weakness
• Situation a. In evaluating the internal control
  over inventory for the Williams Oil Services
  Company, an auditor learns that the warehouse
  receiving clerk is responsible for ordering parts
  for supply inventory use in drilling services,
  counts the inventory when received at the dock,
  records the receipts into the inventory ledger,
  and takes the annual inventory, No supervisor
  reviews the receiving clerks work.
• Situation b. Nicole Lopez handles employee travel
  and expense reports for Scott Sales Services.
  With the growth in the economy, the sales team
  began traveling extensively gaining new business.
  Because of the heavy volume, she no longer
  required the sales team to provide original
  airline, hotel, or car rental receipts. She told
  them to just keep their meals under the 100 per
  day per diem and no receipts were required. She
  allowed them to use their own credit cards so
  they could get the frequent flyer points. She
  required them to turn in a summary of the travel
  expenses quarterly.

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ACCT 504 Case Study 3 (Wang Appliance Store)

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• Construct and use a cash budget) Nathan Farmer,
  chief financial officer of Wang Appliance Store,
  is responsible for the company?s budgeting
  process. Farmer?s staff is preparing the Wang
  cash budget for 2014. A key input to the
  budgeting process is last year?s statement of
  cash flows, which follows (amounts in thousands)
• Wang
  Appliance Store
• 
  Statement of Cash Flows
• 
  2013

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ACCT 504 Course Project Oracle and Microsoft
Corporation

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• Course Project
• Financial Statement Analysis Project -- A
  Comparative Analysis of Oracle Corporation and
  Microsoft Corporation
• Here is the link for the financial statements for
  Oracle Corporation for the fiscal year ending
  2007. First, select 2007 using the drop-down
  arrow labeled for Year on the right-hand side of
  the page, and then select Annual Reports using
  the drop-down arrow labeled Filing Type on the
  left-hand side of the page.
• You should select the 10k dated 6/29/2007 and
  choose to download in PDF, Word, or Excel format.

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ACCT 504 Entire Course

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• ACCT 504 Week 1-7 All Discussion Questions
• ACCT 504 Week 3 Case Study 1 Flower Landscaping
  Corporation
• ACCT 504 Week 4 Midterm Exam Set 1
• ACCT 504 Week 4 Midterm Set 2
• ACCT 504 Week 4 Midterm Set 3
• ACCT 504 Week 5 Case Study 2 Internal Control -
  LJB Company
• ACCT 504 Week 5 Course Project Draft Spreadsheet

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ACCT 504 Final Exam (3 different finals)

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• 1. (TCO A) Which one of the following is an
  advantage of corporations relative to
  partnerships and sole proprietorships? (Points
  5)
• Reduced legal liability for investors
• Harder to transfer ownership
• Lower taxes
• Most common form of organization

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ACCT 504 Week 1-7 All Discussion Questions

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• Week 1DQ 1 - Financial Reporting Environment and
  GAAP
• Week 1DQ 2 - Details of Financial Statements and
  Ratios
• Week 2DQ 1 - Accounting EquationAccounting Cycle
• Week 2DQ 2 - Accrual Accounting and Adjusting
  Entries
• Week 3DQ 1 - Merchandising Operations and Income
  Statements
• Week 3DQ 2 - Inventory Cost-Flow Assumptions

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ACCT 504 Week 3 Case Study 1 Flower
Landscaping Corporation

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• The Entire Case Study is due Sunday at Midnight
  Mountain time at the end of Week 3.
• This Case Study is worth 100 points or 10 of
  your final course grade.
• This Case Study relates to TCO's D and E and
  Chapters 3 and 4.
• MAKE SURE TO COMPLETE ALL REQUIREMENTS WHICH ARE
  LISTED BELOW.
• There are 10 Sheets in the Workbook including
  this one.
• All of the Information you need for the Project
  is located in this Workbook.

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ACCT 504 Week 4 Midterm Exam (New)

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• Question 1. Question (TCOs A, B,
  and C) Which of the following statements
  concerning users of accounting information is
  incorrect?
• Student Answer
  The marketing vice president is considered an
  internal user.
• Present and
  prospective creditors are considered external
  users.
• Regulatory
  authorities, such as the SEC, are considered
  internal users.
• The IRS is
  considered an external user.

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ACCT 504 Week 4 Midterm Exam Set 1

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• Page
• 1.
• Question
• (TCO A, B, C) External users want answers to all
  of the following questions except
• Points Received
• 3 of 3
• 2.
• Question
• (TCO C) Borrowing money is an example of a(n)
• Points Received
• 3 of 3

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ACCT 504 Week 4 Midterm Set 2

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• Page
• 1.
• Question
• (TCO A, B, C) External users want answers to all
  of the following questions except
• Points Received
• 3 of 3
• 2.
• Question
• (TCO C) Issuing shares of stock in exchange for
  cash is an example of a(n)
• Points Received
• 3 of 3

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ACCT 504 Week 4 Midterm Set 3

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• Page
• 1.
• Question
• (TCO A, B, C) External users want answers to all
  of the following questions except
• Points Received
• 3 of 3
• 2.
• Question
• (TCO C) Debt securities sold to investors that
  must be repaid at a particular date some years in
  the future are called
• Points Received
• 3 of 3

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ACCT 504 Week 5 Case Study 2 Internal
Control LJB Company

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• Case Study 2 - Internal Control- Due by Sunday of
  week 5
• LJB Company, a local distributor, has asked your
  accounting firm to evaluate their system of
  internal controls because they are planning to go
  public in the future. The President wants to be
  aware of any new regulations required of his
  company if they go public so he met with a
  colleague of yours at a local restaurant. The
  President of the company explained the current
  system of internal controls to your colleague.

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ACCT 504 Week 5 Course Project Draft
Spreadsheet

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• ACCT 504 Week 5 Course Project Draft Spreadsheet

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ACCT 504 Week 6 Case Study 3 - Cash
Budgeting LBJ Company

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• ACCT504 Case Study 3 on Cash Budgeting
• The cash budget was covered during Week 4 when we
  covered TCO D and you read Chapter 7. There is
  also a practice case study to work on. Your
  Professor will provide the solution to the
  practice case study at the end of Week 5. This
  case study should be uploaded by 1159PM Mountain
  time of the Sunday ending Week 6 to the Week 6
  Assignment Dropbox. You are encouraged to use the
  Excel template file provided in Doc Sharing.

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ACCT 504 Read, Lead, Succeed/Uophelpdotcom

• For more course tutorials visit
• www.uophelp.com