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ACC 205 new Course Extraordinary Success/
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ACC 205 new Course Extraordinary Success/
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ACC 205 Entire Course (New) For more course
tutorials visit www.tutorialrank.com Tutorial
Purchased 5 Times, Rating A ACC 205 Week 1 DQ
1 Accounting Equation ACC 205 Week 1 DQ 2
Accounts ACC 205 Week 1 Journal Balance Sheet
Journal ACC 205 Week 2 DQ 1 Accounting Cycle
ACC 205 Week 2 DQ 2 Bank Reconciliation ACC 205
Week 2 Journal Income Statement Journal ACC 205
Week 3 DQ 1 LIFO vs. FIFO ACC 205 Week 3 DQ 2
Depreciation
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ACC 205 Week 1 DQ 1 Accounting Equation (New) For
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utorial Purchased 1 Times, Rating No rating
As you have learned in this weeks readings the
Accounting Equation is Owners Equity. Is the
accounting equation true in all instances?
Provide sample transactions from your own
experiences to demonstrate the validity of the
Accounting Equation. Guided Response
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ACC 205 Week 1 DQ 2 Accounts (New) For more
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al Purchased 1 Times, Rating B What does the
term account mean? What are the different
classifications of accounts? How do the rules
for Debits and Credits impact accounts? Please
provide an example of how debits and credits
impact accounts.Guided Response Analyze
several of your peers postings. Let at least
two of your peers know if this knowledge could be
used in their everyday lives. Is so, how? If
not, why not?
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ACC 205 Week 1 Exercise Assignment Basic
Accounting Equations (New) For more course
tutorials visit www.tutorialrank.com Tutorial
Purchased 3 Times, Rating B 1) Basic concepts.
Jean's Marine Supply specializes in the sale of
boating equipment and accessories. Identify the
items that follow as an asset (A), liability (L),
revenue (R), or expense (E) from the firm's
viewpoint. The inventory of boating
supplies owned by the company. (A) Monthly
rental charges paid for store space. (L) A loan
owed to Citizens Bank. (L)
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ACC 205 Week 1 Journal Balance Sheet Journal
(New) For more course tutorials
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Times, Rating A The Balance Sheet is a
financial snap shot of a company at a particular
point in time. The Balance Sheet lists the
assets, liabilities, and equity of the company.
Reflect on your personal financial situation, can
you apply the concepts of the Balance Sheet?
What did you learn from this reflection?Carefull
y review the Grading Rubric for the criteria that
will be used to evaluate your journal entry.
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ACC 205 Week 2 DQ 1 Accounting Cycle (New) For
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utorial Purchased 2 Times, Rating B Financial
statements are a product of the accounting cycle.
Think about two different companies, one a
manufacturing company, the other a retail
company. Why would different companies have
different accounting cycles? Would you expect
the steps of the accounting cycle to be the same
for each company? Why or why not? Guided
Response
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ACC 205 Week 2 DQ 2 Bank Reconciliation (New) For
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utorial Purchased 0 Times, Rating No rating What
is the purpose of a bank reconciliation? What
are the reasons there are differences between the
cash reported in the accounting records and the
cash balance in the bank statements?Analyze
several of your peers postings. Let at least
two of your peers know what happens to the
discrepancies between the book balance and the
bank balance. Could these differences just be
written off. Guided Response A bank
reconciliation reconciles the bank account
balance per the books to the actual bank balance.
Outstanding checks, deposits in transit, and
bank errors are reasons there are differences
between the cash reported in the accounting
records and the cash balance in the bank
statements.
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ACC 205 Week 2 Exercise Assignment Revenue and
Expenses (New) For more course tutorials
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Times, Rating B Recognition of concepts. Ron
Carroll operates a small company that books
entertainers for theaters, parties, conventions,
and so forth. The companys fiscal year ends on
June 30. Consider the following items and
classify each as either (1) prepaid expense, (2)
unearned revenue, (3) accrued expense, (4)
accrued revenue, or (5) none of the foregoing.
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ACC 205 new Course Extraordinary Success/
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ACC 205 Week 2 Journal Income Statement Journal
(New) For more course tutorials
visit www.tutorialrank.com The Income Statement
measures the income and expenses of a company
over a specific period of time. Reflecting on
your personal financial statement for the past
month, can you apply the principles of the Income
Statement? What did you learn from this
experience?Carefully review the Grading Rubric
for the criteria that will be used to evaluate
your journal entry.
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ACC 205 Week 3 DQ 1 LIFO vs. FIFO (New) For more
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al Purchased 0 Times, Rating No rating The
controller of Sagehen Enterprises believes that
the company should switch from the LIFO method to
the FIFO method. The controllers bonus is based
on the next income. It is the controllers
belief that the switch in inventory methods would
increase the net income of the company. What are
the differences between the LIFO and FIFO
methods?
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ACC 205 Week 3 DQ 2 Depreciation (New) For more
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al Purchased 3Times, Rating A 1. Specific
identification method. Boston Galleries uses the
specific identification method for inventory
valuation. Inventory information for several oil
paintings follows.
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ACC 205 Week 3 Exercise Assignment Inventory
(New) For more course tutorials
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3Times, Rating A 1. Specific identification
method. Boston Galleries uses the specific
identification method for inventory valuation.
Inventory information for several oil paintings
follows.
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ACC 205 Week 3 Journal Inventory Journal
(New) For more course tutorials
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Times, Rating B Reflect for a moment on the LIFO
(Last in First Out) and FIFO (First in First Out)
inventory methods. If you were starting a small
manufacturing company, what inventory method do
you believe would provide the most accurate
financial statements? Why do you believe this is
the case? Carefully review the Grading Rubric
for the criteria that will be used to evaluate
your journal entry.
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ACC 205 Week 4 DQ 1 Current Liability (New) For
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utorial Purchased 1 Times, Rating No rating
What is a current liability? From a user of
financial statements perspective why do you
believe current liabilities are separated from
long-term liabilities? Based on your current
experience and any additional research you may
have done provide two examples of situations
where businesses collect monies from customers
and employees and reports these amounts as a
current liability.
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ACC 205 Week 4 DQ 2 Client Recommendations
(New) For more course tutorials
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Times, Rating B A client comes to you thinking
about starting a consulting business.
Specifically your client is interested in what
type of entity should be created for this new
business. Based on your readings or any
additional research you may have done, discuss
the advantages and disadvantages of the
following sole proprietorship, partnership, and
corporation. Based on these advantages and
disadvantages provide a clear recommendation to
your client.
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ACC 205 Week 4 Exercise Assignment Liability
(New) For more course tutorials
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Times, Rating A 1. Partner investments journal
entries. The LP partnership was formed on January
1, 19X7, by investments from Bill Levy and Marv
Parcells. Levy contributed 30,000 cash and
80,000 of land. Parcells contributed cash of
50,000 and equipment with a value of 20,000.
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ACC 205 new Course Extraordinary Success/
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ACC 205 Week 4 Journal Future Obligations Journal
(New) For more course tutorials
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Times, Rating A The current liability section
of the balance sheet lists the liabilities that
are due within the next 12 months. Reflecting on
your current financial situation, apply the
concept of current liabilities. What does this
analysis tell you about your future obligations?
What did you learn from this experience?
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ACC 205 Week 5 DQ 1 (New) For more course
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Purchased 1 Times, Rating Norating ACC 205 Week
5 DQ 1
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ACC 205 Week 5 DQ 2 (New) For more course
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5 DQ 2
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ACC 205 new Course Extraordinary Success/
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ACC 205 Week 5 Exercise Assignment Financial
Ratios (New) For more course tutorials
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Times, Rating A 1. Liquidity ratios.
Edison, Stagg, and Thornton have the following
financial information at the close of business on
July 10
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ACC 205 Week 5 Final Paper Paper (New) For more
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al Purchased 3 Times, Rating A Final
PaperFocus of the Final PaperWrite a five to
seven page financial statement analysis of a
public company, and formatted according to APA
style as outlined in the Ashford Writing Center.
In this analysis you will discuss the financial
health of this company with the ultimate goal of
making a recommendation to other investors.
Your paper should consist of the following
sections introduction, company overview,
horizontal analysis, ratio analysis, final
recommendation, and conclusions.
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ACC 205 new Course Extraordinary Success/
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ACC 205 Week 5 Journal Most Important Ratio
Journal (New) For more course tutorials
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Times, RatingB Most Important Ratio
Journal Reflect for a moment on the ratios
(working capital, current ratio, quick ratio,
debt to asset, debt to equity, times interest
earned, gross margin and net margin) presented
this week. If you were considering investing in
a company what ratio would be the most important
to you? Formulate and argument to defend your
position.Carefully review the Grading Rubric for
the criteria that will be used to evaluate your
journal entry.
24
ACC 205 new Course Extraordinary Success/
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The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com