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For more course tutorials visit www.bus591.com BUS 591 Week 1 DQ 1 Generally Accepted Accounting Principles (G.A.A.P.). BUS 591 Week 1 DQ 2 Annual Reports BUS 591 Week 1 Homework Problems BUS 591 Week 2 DQ 1 Debits and Credits – PowerPoint PPT presentation

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Title: BUS 591 Course Begins Success / bus591dotcom


1
BUS 591 Course Begins Success / bus591.com
The Best way to predict the Future is to create
it.....To Best way....
www.bus591.com
2
BUS 591 Course Begins Success / bus591.com
BUS 591 Entire Course (Ash) For more course
tutorials visit www.bus591.com BUS 591 Week 1 DQ
1 Generally Accepted Accounting Principles
(G.A.A.P.). BUS 591 Week 1 DQ 2 Annual Reports
BUS 591 Week 1 Homework Problems BUS 591 Week 2
DQ 1 Debits and Credits BUS 591 Week 2 DQ 2
Revenue Expense BUS 591 Week 2 Homework
Problems BUS 591 Week 3 DQ 1 Perpetual Inventory
System
3
BUS 591 Course Begins Success / bus591.com
BUS 591 Week 1 DQ 1 Generally Accepted Accounting
Principles (G.A.A.P.). (Ash) For more course
tutorials visit www.bus591.com   BUS 591 Week 1
DQ 1 Generally Accepted Accounting Principles
(G.A.A.P.). Generally Accepted Accounting
Principles (G.A.A.P.). Briefly discuss Generally
Accepted Accounting Principles or G.A.A.P. What
are they? What is their purpose? Name the U.S.
and international standard-setting bodies that
established these principles. Are all companies
required to follow these principles? Why or why
not?
4
BUS 591 Course Begins Success / bus591.com
BUS 591 Week 1 DQ 2 Annual Reports (Ash) For more
course tutorials visit www.bus591.com    Annual
Reports. Visit the website for Tootsie Roll
(www.tootsie.com). Click on Company Information
then Financial Information. Open the latest
annual report and review it to find the answers
to the following questions What are Tootsie
Rolls corporate principles? Do you agree with
these principles, or do you feel there are
additional principles that should be
included? What was the total amount of Tootsie
Rolls assets for the most current year
available? What was the total amount of Tootsie
Rolls liabilities for the most current year
available?
5
BUS 591 Course Begins Success / bus591.com
BUS 591 Week 1 Homework Problems (Ash) For more
course tutorials visit www.bus591.com   BUS 591
Week 1 Homework Problems Week One Homework
Problems. Complete the following Workbook
Template Week One or you may complete the Problem
1-3B on page 36, 1-4B on page 37 (Chapter 1) and
Problem 2-7B on page 90 (Chapter 2) of your text.
Submit your work to your instructor by the posted
due date. Show all your work in order to earn
full credit
6
BUS 591 Course Begins Success / bus591.com
BUS 591 Week 2 DQ 1 Debits and Credits (Ash) For
more course tutorials visit www.bus591.com   BUS
591 Week 2 DQ 1 Debits and Credits Debits and
Credits. Define debits and credits and explain
how they are used to record business
transactions. Is it true that debits always
increase and credits always decrease? Why or why
not? Respond to at least two of your classmates
posts.
7
BUS 591 Course Begins Success / bus591.com
BUS 591 Week 2 DQ 2 Revenue Expense (Ash) For
more course tutorials visit www.bus591.com   BUS
591 Week 2 DQ 2 Revenue Expense Revenue
Expense. Review the section called Investor
Insight in Chapter 3 of your text which shows
the major revenue and expense accounts of the
Chicago Cubs baseball team. Considering the huge
increase in professional baseball players
salaries in the last decade, what do you think
has happened to total expenses and net income of
professional baseball teams?
8
BUS 591 Course Begins Success / bus591.com
BUS 591 Week 2 Homework Problems (Ash) For more
course tutorials visit www.bus591.com   BUS 591
Week 2 Homework Problems Week Two Homework
Problems. Complete Workbook Template Week Two or
you may find the problems 3-2B on page 150 and
3-5B on page 151 from Chapter 3 of your text.
Also complete problems E4-13, E4-14, E4-15,
E4-16, E4-17, and E4-18 from Chapter 4. Submit
your work to your instructor by the posted due
date. Show all your work in order to earn full
credit.
9
BUS 591 Course Begins Success / bus591.com
BUS 591 Week 3 DQ 1 Perpetual Inventory System
(Ash) For more course tutorials
visit www.bus591.com   BUS 591 Week 3 DQ 1
Perpetual Inventory System Perpetual Inventory
System. Present a detailed explanation of the
recording of purchases under a perpetual
inventory system. Use hypothetical figures to
illustrate the perpetual inventory system. After
presenting your hypothetical figures, discuss how
a perpetual inventory system is different from a
periodic inventory system.
10
BUS 591 Course Begins Success / bus591.com
BUS 591 Week 3 DQ 2 Inventory Valuation Methods
(Ash) For more course tutorials
visit www.bus591.com   BUS 591 Week 3 DQ 2
Inventory Valuation Methods Inventory Valuation
Methods. Identify the differences between
F.I.F.O., L.I.F.O., and the average-cost method
of inventory valuation. Be sure to include the
effects of each method on cost of goods sold and
net income in your answer. Also discuss the
differences between the physical movement of
goods and cost flow assumptions.
11
BUS 591 Course Begins Success / bus591.com
BUS 591 Week 3 Homework Problems (Ash) For more
course tutorials visit www.bus591.com   BUS 591
Week 3 Homework Problems Week Three Homework
Problems. Complete the following Workbook
Template Week Three or you may complete the
problems E5-2, E5-6 and P5-5B from Chapter 5 and
Problems 6-2B and 6-3B Chapter 6. Submit your
work to your instructor by the posted due date.
Show all your work in order to earn full credit.
12
BUS 591 Course Begins Success / bus591.com
BUS 591 Week 4 DQ 1 Why do I need accounting
(Ash) For more course tutorials
visit www.bus591.com   BUS 591 Week 4 DQ 1 Why do
I need accounting Why do I need accounting?
Consider the following scenario Your friend (who
is also in school) just emailed you to express
frustration with his accounting class. In the
email, he said, Why do I need to take
accounting? What will I ever need to know about
reporting and analyzing long-lived assets? I am a
management major.
13
BUS 591 Course Begins Success / bus591.com
BUS 591 Week 4 DQ 2 Sarbanes-Oxley Act of 2002
(Ash) For more course tutorials
visit www.bus591.com   BUS 591 Week 4 DQ 2
Sarbanes-Oxley Act of 2002 Sarbanes-Oxley Act
of 2002. Search the Internet and locate an annual
financial report for a public U.S. company. Read
the Notes to the Financial Statements to
determine the criteria for cash equivalents and
how cash and cash equivalents are handled.
Discuss your findings.
14
BUS 591 Course Begins Success / bus591.com
BUS 591 Week 4 Homework Problems (Ash) For more
course tutorials visit www.bus591.com   BUS 591
Week 4 Homework Problems Week Four Homework
Problems. Complete the following Workbook
Template Week Four or you may complete the
problems P8-2B and P8-6B from Chapter 8 and
Problems 9P-2B and P9-7B from Chapter 9. Submit
your assignment to the instructor by the posted
due date. Show all your work to earn full credit.
15
BUS 591 Course Begins Success / bus591.com
BUS 591 Week 5 DQ 1 Liabilities and Financial
Analysis (Ash) For more course tutorials
visit www.bus591.com   BUS 591 Week 5 DQ 1
Liabilities and Financial Analysis Liabilities
and Financial Analysis. Discuss current
liabilities and long-term liabilities. What are
the differences between the two? Illustrate your
understanding of liabilities, making sure to
identify major types of current liabilities.
Respond to at least two of your classmates posts
16
BUS 591 Course Begins Success / bus591.com
BUS 591 Week 5 DQ 2 Colgates Annual Report
(Ash) For more course tutorials
visit www.bus591.com   BUS 591 Week 5 DQ 2
Colgates Annual Report Colgates Annual
Report. Obtain a copy of Colgates annual report
from the Online Library or from a valid academic
source found elsewhere on the Internet. Use this
information to answer the following questions. If
researching online, go to the Colgate company
website (http//www.colgate.com).
17
BUS 591 Course Begins Success / bus591.com
BUS 591 Week 5 Sarbanes-Oxley Act of 2002 Methods
of Depreciation (Ash) For more course tutorials
visit www.bus591.com   BUS 591 Week 5
Sarbanes-Oxley Act of 2002Methods of
Depreciation Research and discuss the
Sarbanes-Oxley Act of 2002. Identify key
components of the Sarbanes-Oxley Act of 2002, and
its primary objective. What are some of the
criticisms surrounding the Act? Are there any
economic consequences for companies as a result
of implementing the Act? Has the Sarbanes-Oxley
Act achieved its goals so far?
18
BUS 591 Course Begins Success / bus591.com
BUS 591 Week 6 DQ 1 Indirect Method vs. Direct
Method (Ash) For more course tutorials
visit www.bus591.com   BUS 591 Week 6 DQ 1
Indirect Method vs. Direct Method Indirect
Method vs. Direct Method. Financial statement
preparers have two choices in preparing the
statement of cash flows the indirect method and
the direct method. The indirect method is used
extensively in practice even though the F.A.S.B.
has expressed a preference for the direct method.
Discuss the similarities and differences between
the direct and indirect methods, and the
advantages of using each method.
19
BUS 591 Course Begins Success / bus591.com
BUS 591 Week 6 DQ 2 Horizontal vs. Vertical
Analysis (Ash) For more course tutorials
visit www.bus591.com   BUS 591 Week 6 DQ 2
Horizontal vs. Vertical Analysis Horizontal vs.
Vertical Analysis. Discuss the horizontal and
vertical analysis of a financial statement, and
how each is used to help financial statement
users make better decisions. Also, explain the
liquidity, solvency, and profitability ratios
introduced throughout the text. Describe how the
ratios are used in analyzing a firms liquidity,
solvency.
20
BUS 591 Course Begins Success / bus591.com
BUS 591 Week 6 Final Project (Ash) For more
course tutorials visit www.bus591.com   BUS 591
Week 6 Final Project FINAL PAPER You should
begin working on elements of the Final Project in
Week One. Each week, there is a recommended
learning activity associated with helping you
complete the Final Project. There are ungraded
and graded practice exercises, which will allow
you to practice applying accounting skills
learned in class to different scenarios. Work
through the problems, starting with Chapter 1,
following the instructions in the textbook and
Excel template.
21
BUS 591 Course Begins Success / bus591.com
The Best way to predict the Future is to create
it.....To Best way....
www.bus591.com
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