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ACC 422 Expect Success/Uophelp.Com
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ACC 422 Entire Course For more course
tutorials visit www.uophelp.com ACC 422 Week 1
DQ 1 ACC 422 Week 1 DQ 2 ACC 422 Week 1 DQ 3 ACC
422 Week 1 Individual Assignment Disclosure
Analysis Paper ACC 422 Week 1 Summary ACC 422
Week 2 DQ 1 ACC 422 Week 2 DQ 2 ACC 422 Week 2 DQ
3 ACC 422 Week 2 Summary ACC 422 Week 2
Individual Assignment E7-2, E7-8,Q13,E8-5 And
E8-14
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ACC 422 Final Exam Guide 1 For more course
tutorials visit www.uophelp.com 1. Kraft Enterpri
ses owns the following assets at December 31, 2012
.   Cash in banksavings account 67,516  Checking 
account balance 26,445  Cash on hand 9,478  Postda
ted checks 753  Cash refund due from IRS 40,324  
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ACC 422 Final Exam Guide 2 For more course
tutorials visit www.uophelp.com Which of the follo
wing is NOT considered cash for financial reportin
g purposes??2) What is the preferable presentatio
n of accounts receivable from officers, employees,
 or affiliated companies on a balance sheet??3) W
hich of the following is considered cash??4) If a
 company employs the gross method of recording acc
ounts receivable from customers, then sales discou
nts taken should be reported as5) Assuming that t
he ideal measure of short-
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ACC 422 Final Exam Guide 3 For more course
tutorials visit www.uophelp.com SET 3 1) Which
of the following is NOT considered cash for
financial reporting purposes? 2) What is the
preferable presentation of accounts receivable
from officers, employees, or affiliated companies
on a balance sheet? 3) Which of the following
items should NOT be included in the Cash caption
on the balance sheet? 4) The advantage of
relating a company's bad debt expense to its
outstanding accounts receivable is that this
approach
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ACC 422 Final Exam Guide All 3 Sets For more
course tutorials visit www.uophelp.com Details
of All 180 Questions Given Below SET 1 1. Kraft
Enterprises owns the following assets at December
31, 2012. Cash in banksavings account 67,516
Checking account balance 26,445 Cash on hand
9,478 Postdated checks 753 Cash refund due from
IRS 40,324 Certificates of deposit (180-day)
94,754 What amount should be reported as cash?
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ACC 422 Week 1 CPA Practice Exam For more
course tutorials visit www.uophelp.com     1.
What amount should Herc report as inventory in
its December 31, 2005, balance sheet? 2. What
dollar-value LIFO inventory cost would be
reported in Cobb's December 31, 2006, balance
sheet? 3. Garson Co. recorded goods in transit
purchased FOB shipping point at year-end as
purchases. The goods were excluded from the
ending inventory. What effect does the omission
have on Garson's assets and retained earnings at
year end?
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ACC 422 Week 1 DQ 1 For more course tutorials
visit www.uophelp.com Week 1 DQ 1 Consider how
an organization must manage cash, receivables,
and inventory. Which of the three variables is
the most important to manage? Is one more
susceptible to fraud and errors than the others?
Explain your answer. How would a misstatement in
each affect the organization?
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ACC 422 Week 1 DQ 2 For more course tutorials
visit www.uophelp.com Week 1 DQ 2 What is the
perpetual method of tracking inventory? How does
it differ from the periodic method of tracking
inventory? Why would a company choose one method
over the other method? Which is the best method?
Why?
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ACC 422 Week 1 DQ 3 For more course tutorials
visit www.uophelp.com Week 1 DQ 3 What are the
different ways to estimate bad debt? How does
this affect net income? What does Generally
Accepted Accounting Principles (GAAP) require?
Why? Should all companies have bad debt? Explain
your answer.
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ACC 422 Week 1 Individual Assignment Disclosure
Analysis Paper (2 Papers) For more course
tutorials visit www.uophelp.com    This Tutorial
contains 2 Papers   Resource Internet  Select a
publicly held company to use as the basis for
this assignment.   Research your selected company
and acquire the companys most recent financial
statements using the Internet.   Prepare a 700-
to 1,050-word paper analyzing the disclosures
contained within the notes to the financial
statements related to cash and cash equivalents,
receivables, and inventories. Include a list
identifying the
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ACC 422 Week 1 Individual WileyPlus Assignment
(Exercise 7-2, 7-4, 7-8, 7-9, 7-13, 7-16, 8-3,
8-13) 100 Score For more course tutorials
visit www.uophelp.com     Complete the following
Week 1 Assignment in WileyPLUS  Exercise
7-2 Exercise 7-4 Exercise 7-8 Exercise
7-9 Exercise 7-13 Exercise 7-16 Exercise
8-3 Exercise 8-13
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ACC 422 Week 1 Team Assignment Audited Financial
Statements (Nordstrom Inc.) For more course
tutorials visit www.uophelp.com     Each team is
assigned a publically traded company that they
will use to answer the questions in the Financial
Scavenger Hunt assigned each week.            
Team A          Nordstrom Inc.             Team
B          Macy's Inc. Locate your assigned
company's latest audited financial statements and
post them on the assignment tab. Review the
financial statements, including any notes and
supplemental information, and answer the
following questions. Indicate where you found the
answer to the questions.  If calculations are
required, show your
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ACC 422 Week 2 CPA Practice Exam For more
course tutorials visit www.uophelp.com     1.  On
June 18, 2005, Dell Printing Co. incurred the
following costs for one f its printing
presses   2. The overhaul resulted in a
significant increase in production. Neither the
attachment nor the overhaul increased the
estimated useful life of the press. What amount
of the above costs should be capitalized?   3.
The following two inventory items were purchased
as a group in a liquidation sale for 1,000. 4.
The firm purchasing the inventory records item A
at what amount?
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ACC 422 Week 2 DQ 1 For more course tutorials
visit www.uophelp.com Week 2 DQ 1 Under what
circumstances would a company need to estimate
its inventory? What are the differences between
using the gross profit method and retail
inventory method for estimating inventory? Which
method of estimation, gross profit or retail
inventory, is best? Explain your answer.
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ACC 422 Week 2 DQ 2 For more course tutorials
visit www.uophelp.com Week 2 DQ 2 What are the
criteria for capitalization of fixed assets? What
items are included in the cost of a fixed
asset? Should interest be included in the cost of
a fixed asset? Explain why or why not.
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ACC 422 Week 2 DQ 3 For more course tutorials
visit www.uophelp.com Week 2 DQ 3 How do we
account for the disposition of fixed assets? What
are the differences in how the exchanges of
assets are handled, pending on whether they are
similar or dissimilar? What is the rationale for
these differences? What is the impact to the
companies financial statements?
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ACC 422 Week 2 Individual WileyPlus Assignment
(Exercise 9-3, 9-12, 9-19, 10-2, 10-23, 10-24)
For more course tutorials visit www.uophelp.com  
  Complete the following Week Two Assignment in
WileyPLUS  Exercise 9-3 Exercise 9-12 Exercise
9-19 Exercise 10-2 Exercise 10-23 Exercise 10-24
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ACC 422 Week 2 Team Assignment Textbook Problems
(P7-1, P7-2, P8-4) 100 Score For more course
tutorials vsit www.uophelp.com Prepare written
responses to the following assignments from Ch. 7
8 of Intermediate Accounting Problem
7-1 Problem 7-2 Problem 8-4 Click the Assignment
Files tab to submit your assignment.
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ACC 422 Week 3 CPA Practice Exam For more
course tutorials visit www.uophelp.com     1. 
Alta Co. spent 400,000 during the current year
developing a new idea for a product that was
patented during the year. The legal cost of
applying for a patent license was 40,000. Also,
50,000 was spent to successfully defend the
rights of the patent against a competitor. The
patent has a life of 20 years. Under U.S. GAAP,
what amount should Alta capitalize related to the
patent?
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ACC 422 Week 3 DQ 1 For more course tutorials
visit www.uophelp.com Week 3 DQ 1 What is the
purpose of depreciation? Does the book value of a
fixed asset (cost minus accumulated depreciation)
communicate to a user what the asset is worth?
Explain why or why not. Should the financial
statements reflect the value of fixed assets?
Explain why or why not.
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ACC 422 Week 3 DQ 2 For more course tutorials
visit www.uophelp.com Week 3 DQ 2 What are
the different methods used to calculate
depreciation? How does a company decide which
method it should utilize? How does its choice
affect the financial statements? Should companies
standardize the method of depreciation to enhance
comparability? Explain your answer.
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ACC 422 Week 3 DQ 3 For more course tutorials
visit www.uophelp.com Week 3 DQ 3 What is an
intangible asset? Should all intangible assets be
subject to amortization? Explain why or why
not. Why are some intangible assets not
amortized? What is the implication to the
financial statements?
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ACC 422 Week 3 DQ 4 For more course tutorials
visit www.uophelp.com ACC 422 Week 3 DQ 4    
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ACC 422 Week 3 Individual WileyPlus Assignment
Exercise 11-6, 11-9, 11-21, 12-1, 12-6, 12-8,
12-17 For more course tutorials
visit www.uophelp.com     Complete the following
Week Three Assignment in WileyPLUS  Exercise
11-6 Exercise 11-9 Exercise 11-21 Exercise
12-1 Exercise 12-6 Exercise 12-8 Exercise 12-17
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ACC 422 Week 3 Team Assignment Textbook Problems
(P9-2, P9-4, P10-3, P10-4) 100 Score For more
course tutorials visit www.uophelp.com     Prepare
written responses to the following assignments
from Ch. 9 10 of Intermediate Accounting
Problem 9-2 Problem 9-4 Problem 10-3 Problem
10-4 Click the Assignment Files tab to submit
your assignment.
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ACC 422 Week 4 CPA Practice Exam For more
course tutorials visit www.uophelp.com     1.  On
September 30, World Co. borrowed 1,000,000 on a
9 note payable. World paid the first of four
quarterly payments of 264,200 when due on
December 30. In its December 31, balance sheet,
what amount should World report as note
payable?   2. Gain contingencies are usually
recognized in the income statement when   3. For
a bond issue which sells for less than its par
value, the market rate of interest is
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ACC 422 Week 4 DQ 1 For more course tutorials
visit www.uophelp.com Week 4 DQ 1 What are the
criteria for classifying an item as a current
liability? What are some examples of current
liabilities? Why is it important to classify a
portion of long-term debt on a yearly basis as a
current liability? What is the implication of
misclassifying a liability as current or
long-term?
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ACC 422 Week 4 DQ 2 For more course tutorials
visit www.uophelp.com Week 4 DQ 2 What is a
contingency? Why are contingencies important to
users of financial statements? What are the
criteria for recording contingencies? Should
companies record a liability for threatened
litigation? Explain why or why not.  
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ACC 422 Week 4 DQ 3 For more course tutorials
visit www.uophelp.com Week 4 DQ 3 What is a
bond? What are some features of a bond? How do
you value bonds? What factors can affect that
value?
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ACC 422 Week 4 Individual Wileyplus Assignment
Exercise 13-1, 13-3, 13-5, 13-8, 13-11, 14-4,
14-13 For more course tutorials
visit www.uophelp.com     Resource WileyPLUS Comp
lete the following Week Four Assignment in
WileyPLUS Exercise 13-1 Exercise 13-3 Exercise
13-5 Exercise 13-8 Exercise 13-11 Exercise
14-4 Exercise 14-13 Take a screenshot of your
completed work, and Click the Assignment
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ACC 422 Week 4 Team Assignment Financial
Scavenger Hunt 3 (Nordstrom) For more course
tutorials visit www.uophelp.com    Review the
financial statements, including any notes and
supplemental information, and answer the
following questions. Indicate where you found the
answer to the questions.  If calculations are
required, show your work.    Fixed Assets and
Intangibles How are plant and equipment
recorded? How are leasehold improvements
accounted for? How are assets depreciated? How is
impairment determined and were there any
impairments reported? Were any new stores added
and if yes, where. Were any stores or facilities
closed and if yes, where.
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ACC 422 Week 4 Team Assignment Textbook Problems
(P11-1, P12-1) 100 Score For more course
tutorials visit www.uophelp.com     Prepare writte
n responses to the following assignments from Ch.
11 12 of Intermediate Accounting Problem
11-1  Problem 12-1 Click the Assignment Files tab
to submit your assignment
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ACC 422 Week 5 DQ 1 For more course tutorials
visit www.uophelp.com Week 5 DQ 1 What are the
differences between a direct-financing and a
sales-type lease for a lessor? Why would a lessor
provide direct-financing to a lessee? What types
of organizations provide direct-financing leases?
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ACC 422 Week 5 DQ 2 For more course tutorials
visit www.uophelp.com Week 5 DQ 2 What are the
criteria for classifying a lease as operating or
capital? Why is there a difference between the
two? What are the implications of an operating
lease versus a capital lease on an entitys
financial statements??
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ACC 422 Week 5 DQ 3 For more course tutorials
visit www.uophelp.com Week 5 DQ 3 What is
residual value? What is the implication to the
lessee if the residual value is guaranteed or
unguaranteed? What is the implication to the
lessor?
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ACC 422 Week 5 DQ 4 For more course tutorials
visit www.uophelp.com Week 5 DQ 4 What are the
advantages of operating and capital leases? What
are the disadvantages? Why would a company pick
one over the other?
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ACC 422 Week 5 Individual WileyPlus Assignment
Exercise 21-2, 21-4, 21-8 (Essay), 21-8, 21-13
For more course tutorials visit www.uophelp.com  
  Complete the following Week Five Assignment in
WileyPLUS  Exercise 21-2 Exercise 21-4 Exercise
21-8 (Essay) Exercise 21-8 Exercise 21-13 Take a
screenshot of your completed work, and Click the
Assignment Files tab to submit your screenshot. 
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ACC 422 week 5 Learning Team Problem Presentation
For more course tutorials visit www.uophelp.com  
  Collaborate as a team to provide written
responses to a facilitator-assigned
problem. Prepare a 5- to 10-minute oral
presentation accompanied by a 7- to 9-slide
Microsoft PowerPoint presentation illustrating
your teams solution to the assigned
problem.   Note. Each week, the facilitator
assigns one Learning Team a problem to present
that the team must complete during the succeeding
Learning Team Meeting. 
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ACC 422 Week 5 Team Assignment Textbook Problems
(P13-10,P14-2, P21-3) 100 Score For more course
tutorials visit www.uophelp.com     Prepare writte
n responses to the following assignments from Ch.
13,14 21 of Intermediate Accounting   Problem
13-10             Problem 14-2   Problem
21-3   Click the Assignment Files tab to submit
your assignment.
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