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Title: ACC 422 NERD Remarkable Change / acc422nerd.com


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ACC 422 NERD Remarkable Change / acc422nerd.com
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ACC 422 NERD Remarkable Change
ACC 422 Entire Course FOR MORE CLASSES
VISIT www.acc422nerd.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 (2 Papers)
3
ACC 422 NERD Remarkable Change
ACC 422 Final Exam Guide 1 FOR MORE CLASSES
VISIT www.acc422nerd.com 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 Postdate
d checks 753 Cash
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ACC 422 NERD Remarkable Change
ACC 422 Final Exam Guide 2 FOR MORE CLASSES
VISIT www.acc422nerd.com 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
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ACC 422 NERD Remarkable Change
ACC 422 Final Exam Guide 3 FOR MORE CLASSES
VISIT www.acc422nerd.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
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ACC 422 NERD Remarkable Change
ACC 422 Final Exam Guide All 3 Sets FOR MORE
CLASSES VISIT www.acc422nerd.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 Chec
king account balance 26,445 Cash on
hand 9,478 Postdated checks 753 Cash refund due
from IRS 40,324
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ACC 422 NERD Remarkable Change
ACC 422 Week 1 CPA Practice Exam FOR MORE
CLASSES VISIT www.acc422nerd.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.
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ACC 422 NERD Remarkable Change
ACC 422 Week 1 DQ 1 FOR MORE CLASSES
VISIT www.acc422nerd.com 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.
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ACC 422 NERD Remarkable Change
ACC 422 Week 1 DQ 2 FOR MORE CLASSES
VISIT www.acc422nerd.com 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?
10
ACC 422 NERD Remarkable Change
ACC 422 Week 1 DQ 3 FOR MORE CLASSES
VISIT www.acc422nerd.com What are the different
ways to estimate bad debt? How does this affect
net income? What does Generally Accepted
Accounting Principles (GAAP) require? Why?
11
ACC 422 NERD Remarkable Change
ACC 422 Week 1 Individual Assignment Disclosure
Analysis Paper FOR MORE CLASSES
VISIT www.acc422nerd.com Resource Internet   Sele
ct a publicly held company to use as the basis
for this assignment.  
12
ACC 422 NERD Remarkable Change
ACC 422 Week 1 Individual WileyPlus Assignment
(Exercise 7-2, 7-4, 7-8, 7-9, 7-13, 7-16, 8-3,
8-13) FOR MORE CLASSES VISIT www.acc422nerd.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
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ACC 422 NERD Remarkable Change
ACC 422 Week 1 Team Assignment Audited Financial
Statements (Nordstrom Inc.) FOR MORE CLASSES
VISIT www.acc422nerd.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
14
ACC 422 NERD Remarkable Change
ACC 422 Week 2 CPA Practice Exam FOR MORE
CLASSES VISIT www.acc422nerd.com 1. On June 18,
2005, Dell Printing Co. incurred the following
costs for one of its printing presses 2. The
overhaul resulted in a significant increase in
production. Neither the attachment nor the
overhaul increased
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ACC 422 NERD Remarkable Change
ACC 422 Week 2 DQ 1 FOR MORE CLASSES
VISIT www.acc422nerd.com 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?
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ACC 422 NERD Remarkable Change
ACC 422 Week 2 DQ 2 FOR MORE CLASSES
VISIT www.acc422nerd.com What are the criteria
for capitalization of fixed assets? What items
are included in the cost of a fixed asset?
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ACC 422 NERD Remarkable Change
ACC 422 Week 2 DQ 3 FOR MORE CLASSES
VISIT www.acc422nerd.com 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?
18
ACC 422 NERD Remarkable Change
ACC 422 Week 2 Individual WileyPlus Assignment
(Exercise 9-3, 9-12, 9-19, 10-2, 10-23, 10-24)
FOR MORE CLASSES VISIT www.acc422nerd.com Complet
e 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
Take a screenshot of your
19
ACC 422 NERD Remarkable Change
ACC 422 Week 2 Team Assignment Textbook Problems
(P7-1, P7-2, P8-4) FOR MORE CLASSES
VISIT www.acc422nerd.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.
20
ACC 422 NERD Remarkable Change
ACC 422 Week 3 CPA Practice Exam FOR MORE
CLASSES VISIT www.acc422nerd.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.
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ACC 422 NERD Remarkable Change
ACC 422 Week 3 DQ 1 FOR MORE CLASSES
VISIT www.acc422nerd.com 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.
22
ACC 422 NERD Remarkable Change
ACC 422 Week 3 DQ 2 FOR MORE CLASSES
VISIT www.acc422nerd.com What are the different
methods used to calculate depreciation? How does
a company decide which method it should utilize?
23
ACC 422 NERD Remarkable Change
ACC 422 Week 3 DQ 3 FOR MORE CLASSES
VISIT www.acc422nerd.com 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?
24
ACC 422 NERD Remarkable Change
ACC 422 Week 3 Individual WileyPlus Assignment
Exercise 11-6, 11-9, 11-21, 12-1, 12-6, 12-8,
12-17 FOR MORE CLASSES VISIT www.acc422nerd.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
25
ACC 422 NERD Remarkable Change
ACC 422 Week 3 Team Assignment Textbook Problems
(P9-2, P9-4, P10-3, P10-4) FOR MORE CLASSES
VISIT www.acc422nerd.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.
26
ACC 422 NERD Remarkable Change
ACC 422 Week 4 CPA Practice Exam FOR MORE
CLASSES VISIT www.acc422nerd.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
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ACC 422 NERD Remarkable Change
ACC 422 Week 4 DQ 1 FOR MORE CLASSES
VISIT www.acc422nerd.com What are the criteria
for classifying an item as a current
liability? What are some examples of current
liabilities?
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ACC 422 NERD Remarkable Change
ACC 422 Week 4 DQ 2 FOR MORE CLASSES
VISIT www.acc422nerd.com What is a
contingency? Why are contingencies important to
users of financial statements? What are the
criteria for recording contingencies?
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ACC 422 NERD Remarkable Change
ACC 422 Week 4 DQ 3 FOR MORE CLASSES
VISIT www.acc422nerd.com What is a bond? What are
some features of a bond? How do you value bonds?
What factors can affect that value?
30
ACC 422 NERD Remarkable Change
ACC 422 Week 4 Individual Wileyplus Assignment
Exercise 13-1, 13-3, 13-5, 13-8, 13-11, 14-4,
14-13 FOR MORE CLASSES VISIT www.acc422nerd.com R
esource WileyPLUS Complete 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
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ACC 422 NERD Remarkable Change
ACC 422 Week 4 Team Assignment Financial
Scavenger Hunt 3 FOR MORE CLASSES
VISIT www.acc422nerd.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 1. How
are plant and equipment
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ACC 422 NERD Remarkable Change
ACC 422 Week 4 Team Assignment Textbook Problems
(P11-1, P12-1) FOR MORE CLASSES
VISIT www.acc422nerd.com Prepare written
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.
33
ACC 422 NERD Remarkable Change
ACC 422 Week 5 DQ 1 FOR MORE CLASSES
VISIT www.acc422nerd.com 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?
34
ACC 422 NERD Remarkable Change
ACC 422 Week 5 DQ 2 FOR MORE CLASSES
VISIT www.acc422nerd.com What are the criteria
for classifying a lease as operating or
capital? Why is there a difference between the
two?
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ACC 422 NERD Remarkable Change
ACC 422 Week 5 DQ 3 FOR MORE CLASSES
VISIT www.acc422nerd.com 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?
36
ACC 422 NERD Remarkable Change
ACC 422 Week 5 DQ 4 FOR MORE CLASSES
VISIT www.acc422nerd.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?
37
ACC 422 NERD Remarkable Change
ACC 422 Week 5 Individual WileyPlus Assignment
Exercise 21-2, 21-4, 21-8 (Essay), 21-8, 21-13
FOR MORE CLASSES VISIT www.acc422nerd.com Complet
e the following Week Five Assignment in
WileyPLUS Exercise 21-2 Exercise 21-4
Exercise 21-8 (Essay) Exercise 21-8
Exercise 21-13
38
ACC 422 NERD Remarkable Change
ACC 422 Week 5 Team Assignment Textbook Problems
(P13-10,P14-2, P21-3) FOR MORE CLASSES
VISIT www.acc422nerd.com Prepare written
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.
39
ACC 422 NERD Remarkable Change _at_ acc422nerd.com
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