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FOR MORE CLASSES VISIT www.acc306aid.com ACC 306 Week 1 Assignment E13-21, E13-22, P12-1, P12-7,P12-10, P12-14, P13-6 ACC 306 Week 1 Quiz ACC 306 Week 1 DQ 1 Equity Method ACC 306 Week 1 DQ 1 Accounting Pronouncements ACC 306 Week 1 DQ 2 Judgment Case 13-9 – PowerPoint PPT presentation

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Title: ACC 306 AID Focus Dreams- acc306aid.com


1
ACC 306 AID Focus Dreams- acc306aid.com
  • FOR MORE CLASSES VISIT
  • www.acc306aid.com

2
ACC 306 Entire Course (New)   FOR MORE CLASSES
VISIT www.acc306aid.com ACC 306 Week 1 Assignment
E13-21, E13-22, P12-1, P12-7,P12-10, P12-14,
P13-6 ACC 306 Week 1 Quiz ACC 306 Week 1 DQ 1
Equity Method ACC 306 Week 1 DQ 1 Accounting
Pronouncements ACC 306 Week 1 DQ 2 Judgment Case
13-9
3
ACC 306 Week 1 Assignment E13-21, E13-22, P12-1,
P12-7,P12-10, P12-14, P13-6 (Ash Course)   FOR
MORE CLASSES VISIT www.acc306aid.com ACC 306 Week
1 Assignment E13-21, E13-22, P12-1, P12-7,P12-10,
P12-14, P13-6 (Ash Course)
4
ACC 306 Week 1 DQ 1 Accounting
Pronouncements   FOR MORE CLASSES
VISIT www.acc306aid.com Accounting
Pronouncements. The Financial Accounting
Standards Board has issued accounting
pronouncements that affect how accounting
transactions should be treated. These
pronouncements may affect all companies or just
specific industries, but no pronouncements have
been issued that affect social media companies,
5
ACC 306 Week 1 DQ 1 Equity Method (Ash
Course)   FOR MORE CLASSES VISIT www.acc306aid.com
P 1213 -  Miller Properties - Equity method ?
LO5 LO6 On January 2, 2011, Miller Properties
paid 19 million for 1 million shares of Marlon
Companys 6 million outstanding common shares.
Millers CEO became a member of Marlons board of
directors during the first quarter of 2011.
6
ACC 306 Week 1 DQ 2 Judgment Case 13-9 (Ash
Course)   FOR MORE CLASSES VISIT www.acc306aid.com
ACC 306 Week 1 DQ2 Judgment Case 13-9  Judgment
Case 139 - Valleck Corporation - Loss
contingency and full disclosure ? LO5 LO6 In the
March 2012 meeting of Valleck Corporations board
of directors, a question arose as to the way a
possible obligation should be disclosed in the
forthcoming financial statements for the year
ended December 31.
7
ACC 306 Week 1 Quiz   FOR MORE CLASSES
VISIT www.acc306aid.com Question 1  Which of the
following may create employer liabilities in
connection with their payrolls? Question 2 
Current liabilities are normally recorded at the
amount expected to be paid rather than at their
present value. This practice can be supported by
GAAP according to the concept of Question 3 
The investment category for which the investor's
"positive intent and ability to hold" is
important is
8
ACC 306 Week 2 Assignment E 14-16, E 14-18, E
15-25, P14-21, P15-3   FOR MORE CLASSES
VISIT www.acc306aid.com ACC 306 Week 2 Assignment
E 14-16, E 14-18, E 15-25, P14-21, P15-3
9
ACC 306 Week 2 DQ 1 Ethics Case 14-8 Hunt
Manufacturing Debt for equity swaps  FOR MORE
CLASSES VISIT www.acc306aid.com Ethics Case 148
- Hunt Manufacturing - Debt for equity swaps
have your cake and eat it too ? LO5 The cloudy
afternoon mirrored the mood of the conference of
division managers. Claude Meyer, assistant to the
controller for Hunt Manufacturing, wore one of
the gloomy faces that were just emerging from the
conference room. Wow, I knew it was bad, but not
that bad, Claude thought to himself. I dont
look forward to sharing those numbers with
shareholders.
10
ACC 306 Week 2 DQ 2 Ethics Case 15-4 Leasehold
Improvements   FOR MORE CLASSES
VISIT www.acc306aid.com Ethics Case 154 -
American Movieplex - Leasehold improvements ?
LO3 American Movieplex, a large movie theater
chain, leases most of its theater facilities. In
conjunction with recent operating leases, the
company spent 28 million for seats and
carpeting. The question being discussed over
break- fast on Wednesday morning was the length
of the depreciation period for these leasehold
improvements.
11
ACC 306 Week 2 Quiz   FOR MORE CLASSES
VISIT www.acc306aid.com Question 1  The method
used to pay interest depends on whether the bonds
are Question 2  Bond X and bond Y are both
issued by the same company. Each of the bonds has
a maturity value of 100,000 and each matures in
10 years. Bond X pays 8 interest while bond Y
pays 9 interest. The current market rate of
interest is 8. Which of the following is correct?
12
ACC 306 Week 3 Assignment E 16-24, E 16-25, E
17-10, E 17-19, P 16-7, P 17-16 (Ash
Course)   FOR MORE CLASSES VISIT www.acc306aid.com
ACC 306 Week 3 Assignment E 16-24, E 16-25, E
17-10, E 17-19, P 16-7, P 17-16 (Ash Course)
13
ACC 306 Week 3 Ethics Case 17-6 401(k) plan
contributions   FOR MORE CLASSES
VISIT www.acc306aid.com Ethics Case 176 - VXI
International - 401(k) plan contributions ?
LO1 You are in your third year as internal
auditor with VXI International, manufacturer of
parts and supplies for jet air- craft. VXI began
a defined contribution pension plan three years
ago. The plan is a so-called 401(k) plan
14
ACC 306 Week 3 Integrating Case 16-5 accounting
changes and error correction   FOR MORE CLASSES
VISIT www.acc306aid.com Integrating Case 165 -
Williams-Santana, Inc. - Tax effects of
accounting changes and error correction six
situations ? LO1 LO2 LO8 Williams-Santana, Inc.
is a manufacturer of high-tech industrial parts
that was started in 1997 by two talented
engineers with little business training. In 2011,
the company was acquired by one of its major
customers.
15
ACC 306 Week 3 Quiz   FOR MORE CLASSES
VISIT www.acc306aid.com Question 1  If a
company's deferred tax asset is not reduced by a
valuation allowance, the company believes it is
more likely than not that Question 2  Which of
the following statements typifies defined
contribution plans?
16
ACC 306 Week 4 Assignment E 18-18, E 18-24, E
19-2, E 19-5, E 19-9, E 19-24, P 18-5 (Ash
Course)   FOR MORE CLASSES VISIT www.acc306aid.com
ACC 306 Week 4 Assignment E 18-18, E 18-24, E
19-2, E 19-5, E 19-9, E 19-24, P 18-5 (Ash Course)
17
ACC 306 Week 4 Communication Case 18-10 (Ash
Course)   FOR MORE CLASSES VISIT www.acc306aid.com
Communication Case 1810 Should the present
two-category distinction between liabilities and
equity be retained? Group interaction. ? LO1 The
current conceptual distinction between
liabilities and equity defines liabilities
independently of assets and equity, with equity
defined as a residual amount.
18
ACC 306 Week 4 Ethics Case 19-7 International
Network Solutions   FOR MORE CLASSES
VISIT www.acc306aid.com Ethics Case 197
International Network Solutions ?
LO6 International Network Solutions provides
products and services related to remote access
networking. The company has grown rapidly during
its first 10 years of operations. As its segment
of the industry has begun to mature, though, the
fast growth of previous years has begun to slow.
In fact, this year revenues and profits are
roughly the same as last year.
19
ACC 306 Week 4 Quiz   FOR MORE CLASSES
VISIT www.acc306aid.com Question 1  Which of the
following will require a recalculation of
weighted-average shares outstanding for all years
presented? Question 2  Which of the following
statements is true when dividends are not
declared or paid on cumulative preferred stock?
20
ACC 306 Week 5 Analysis Case 20-10 (Ash
Course)   FOR MORE CLASSES VISIT www.acc306aid.com
Analysis Case 2010 - DRS Corporation - Various
changes ? LO1 through LO4 DRS Corporation changed
the way it depreciates its computers from the
sum-of-the-years-digits method to the
straight-line method beginning January 1, 2011.
DRS also changed its estimated residual value
used in computing depreciation for its office
building. At the end of 2011, DRS changed the
specific subsidiaries constituting the group of
companies for which its consolidated financial
statements are prepared.
21
ACC 306 Week 5 Ethics Case 20-5 Softening the
blow   FOR MORE CLASSES VISIT www.acc306aid.com Et
hics Case 205 Softening the blow ? LO1 LO2
LO3 Late one Thursday afternoon, Joy Martin, a
veteran audit manager with a regional CPA firm,
was reviewing documents for a long-time client of
the firm, AMT Transport. The year-end audit was
scheduled to begin Monday.
22
ACC 306 AID Focus Dreams- acc306aid.com
  • FOR MORE CLASSES VISIT
  • www.acc306aid.com
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