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ACC291 Course Real Knowledge / acc291dotcom

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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? – PowerPoint PPT presentation

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Title: ACC291 Course Real Knowledge / acc291dotcom


1
ACC291 Course Real Knowledge / acc291.com
For More Tutorials
www.acc291.com
2
ACC291 Course Real Knowledge / acc291.com
  • ACC 291 Final Exam Guide (New)
  • ACC 291 Final Exam Guide
  • 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
  • www.acc291.com
  • 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

3
ACC291 Course Real Knowledge / acc291.com
  • ACC 291 Week 1 Discussion Question 1
  • ACC 291 Week 1 Discussion Question 2
  • How would you describe the entries to record the
    disposition of accounts receivables?
  • What is their function?
  • How are bad debts accounted for under the direct
    write-off method?
  • What are the disadvantages of this method?

4
ACC291 Course Real Knowledge / acc291.com
What are the differences among valuation,
depreciation, amortization, and depletion? Is it
appropriate to calculate depreciation using two
different methods? Why? What does the Annual
Report you are using for class say about
depreciation?
  • ACC 291 Week 2 Discussion Question 1ACC 291 Week
    2 Discussion Question 1
  • ACC 291 Week 2 Discussion Question 2
  • What types of industries have unearned revenue?
  • Why is unearned revenue considered a liability?
  • When is the unearned revenue recognized in the
    financial statements?
  • What does your Annual Report say about unearned
    revenue?
  • What are the differences among valuation,
    depreciation, amortization, and depletion?
  • Is it appropriate to calculate depreciation using
    two different methods? Why?
  • What does the Annual Report you are using for
    class say about depreciation?

5
ACC291 Course Real Knowledge / acc291.com
What are the differences among valuation,
depreciation, amortization, and depletion? Is it
appropriate to calculate depreciation using two
different methods? Why? What does the Annual
Report you are using for class say about
depreciation?
  • ACC 291 Week 2 Discussion Question 1ACC 291 Week
    2 Discussion Question 1
  • ACC 291 Week 2 Discussion Question 2
  • What types of industries have unearned revenue?
  • Why is unearned revenue considered a liability?
  • When is the unearned revenue recognized in the
    financial statements?
  • What does your Annual Report say about unearned
    revenue?
  • What are the differences among valuation,
    depreciation, amortization, and depletion?
  • Is it appropriate to calculate depreciation using
    two different methods? Why?
  • What does the Annual Report you are using for
    class say about depreciation?

6
ACC291 Course Real Knowledge / acc291.com
  • ACC 291 Week 2 Individual WileyPLUS Assignment
    Week Two
  • ACC 291 Week 2 IndividualWileyPLUS PracticeCh
    8,9,10 Quiz
  • ResourceWileyPLUS
  • Complete the WileyPLUS Week Two Practice Quizzes
    for chapters 8, 9, and 10. Submit your results
    through the Gradebook ASSIGNMENTS. Screen prints
    or shots are acceptable on a WORD document.
  • we have another New set of week 2 Willeyplus
    assignment which could be found on this link
  • ResourceWileyPLUS
  • Complete the followingWileyPLUS Week Two
    Exercises and Problem
  • Exercise E8-3
  • Exercise BE9-13
  • Exercise Do It! 9-4

7
ACC291 Course Real Knowledge / acc291.com
  • ACC 291 Week 2 Learning Team Weekly Reflection
  • ACC 291 Week 2 Wileyplus Assignment P8-3A,
    BE9-11, DI9-5, E9-7, E9-8, BYP9, P9-2A (New)
  • Discuss the objectives for Weeks One and Two.
    Your discussion should include the topics you
    feel comfortable with, any topics you struggled
    with, and how the weekly topics relate to
    application in your field.
  • Write a 350- to 1,050-word summary of the teams
    discussion.
  • 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.

8
ACC291 Course Real Knowledge / acc291.com
  • ACC 291 Week 3 Discussion Question 1
  • ACC 291 Week 3 Discussion Question 2
  • Why does a company choose to form as a
    corporation?
  • What are the steps required to become a
    corporation?
  • What are the advantages and disadvantages of the
    corporate form of doing business?
  • Why is preferred stock referred to as preferred?
  • What are some of the features added to preferred
    stock that make it more attractive to investors?
  • Would you select preferred stock or common stock
    as an investment? Why?
  • .

9
ACC291 Course Real Knowledge / acc291.com
  • ACC 291 Week 3 Individual WileyPLUS Assignment
  • ACC 291 Week 3 Individual WileyPLUS Practice Quiz
    Ch. 11,12
  • ResourceWileyPLUS
  • Complete the followingWileyPLUS Week Three
    Exercises and Problems
  • Exercise E9-7
  • Exercise E10-5
  • Exercise E10-10
  • Exercise E10-11
  • ResourceWileyPLUS
  • Complete the WileyPLUS Week Three Practice
    Quizzes for chapters 11 and 12.

10
ACC291 Course Real Knowledge / acc291.com
  • ACC 291 Week 3 Learning Team Weekly Reflection
  • ACC 291 Week 3 Wileyplus Assignment P9-7A, E10-5,
    E10-8, E10-13, E10-22, E10-24, BYP10, P10-9A,
    P10-13A, IFRS10-4 (New)
  • Discuss the objectives for Week Three. Your
    discussion should include the topics you feel
    comfortable with, any topics you struggled with,
    and how the weekly topics relate to application
    in your field.
  • Write a 350- to 1,050-word summary of the teams
    discussion.
  • P9-7A, E10-5, E10-8, E10-13, E10-22, E10-24,
    BYP10, P10-9A, P10-13A, IFRS10-4.
  • Exercise 10-5 Olinger Company
  • Exercise 10-8 Ortega Company
  • Exercise 10-13 Romine

11
ACC291 Course Real Knowledge / acc291.com
  • ACC 291 Week 4 Discussion Question 1
  • ACC 291 Week 4 Discussion Question 2
  • Why are companies required to prepare a statement
    of cash flows?
  • Why is the statement of cash flows divided into
    three sections?
  • What does each section tell you about the
    operations of a company?
  • What are some common ratios used to analyze
    financial information? Which are the most
    important?
  • What are some examples of how ratios are used in
    the decision making process?

12
ACC291 Course Real Knowledge / acc291.com
  • ACC 291 Week 4 Individual WileyPLUS Assignment
  • ACC 291 Week 4 IndividualWileyPLUS Practice
  • ResourceWileyPLUS
  • Complete the WileyPLUS Week Four Practice Quizzes
    for chapters 13 and 14.
  • ResourceWileyPLUS
  • Complete the following WileyPLUS Week Four
    Exercises and Problems
  • Exercise Do It! 11-1
  • Exercise E11-15
  • Exercise E11-16

13
ACC291 Course Real Knowledge / acc291.com
  • ACC 291 Week 4 Learning Team Weekly Reflection
  • ACC 291 Week 4 Wileyplus Assignment Do It! 11-1,
    E11-5, E11-7, BYP11-1, BYP11-2, P11-5A, P11-8A
    (New)
  • Discuss the objectives for Week Four. Your
    discussion should include the topics you feel
    comfortable with, any topics you struggled with,
    and how the weekly topics relate to application
    in your field.
  • Write a 350- to 1,050-word summary of the teams
    discussion.
  • 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

14
ACC291 Course Real Knowledge / acc291.com
  • ACC 291 Week 5 Discussion Question 1
  • ACC 291 Week 5 Individual Effect of Unethical
    Behavior Article Analysis
  • Why do corporations buy back their own stock?
  • What does it tell you about the corporation?
  • What effect does the purchase have on the price
    of a companys stock?
  • Write a 350- to 700-word article analysis in
    which you identify situations that might lead to
    unethical practices and behavior in accounting.
  • Examine the effect of the Sarbanes-Oxley Act of
    2002 on financial statements.
  • Cite one article from the.

15
ACC291 Course Real Knowledge / acc291.com
  • ACC 291 Week 5 Learning Team Ratio Analysis Memo
  • ACC 291 Week 5 Learning Team Weekly Reflection
  • resourceVirtual Organizations
  • Click the Virtual Organization link on the
    student website to access the Virtual
    Organizations.
  • Select one of the Virtual Organizations as the
    basis for the assignment.
  • Obtain faculty approval of your selected
    organization.
  • Discuss the objectives for Week Five. Your
    discussion should include the topics you feel
    comfortable with, any topics you struggled with,
    and how the weekly topics relate to application
    in your field.
  • Write a 350- to 1,050-word summary of the teams
    discussion.

16
ACC291 Course Real Knowledge / acc291.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)
  • ACC 300 Week 3 Weekly Reflection
  • Discuss this weeks objectives with your team.
    Your discussion should include the topics you
    feel comfortable with, any topics you struggled
    with, and how the weekly topics relate to
    application
  • 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

17
ACC291 Course Real Knowledge / acc291.com
  • ACC 300 Week 5 Class Summary
  • ACC 300 Week 5 Team Assignment Global
    Environments (Wal Mart)
  • Write a 1250-word paper to summarize the main
    points in this class.
  • Include information on
  • The different media you used
  • How you used the text (and effectiveness of it)
  • Your ability to feel confident moving on to more
    Accounting classes.
  • Write a 1,050- to 1,400-word paper in which you
    research a publicly traded corporation that has
    exhibited global business strategies.
  • Summarize and include the organizations
    financial statements.

18
ACC291 Course Real Knowledge / acc291.com
  • ACC 300 Week 5 Class Summary
  • ACC 300 Week 5 Team Assignment Global
    Environments (Wal Mart)
  • Write a 1250-word paper to summarize the main
    points in this class.
  • Include information on
  • The different media you used
  • How you used the text (and effectiveness of it)
  • Your ability to feel confident moving on to more
    Accounting classes.
  • Write a 1,050- to 1,400-word paper in which you
    research a publicly traded corporation that has
    exhibited global business strategies.
  • Summarize and include the organizations
    financial statements.

19
ACC291 Course Real Knowledge / acc291.com
For More Tutorials
www.acc291.com
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