ACC 290 NEW Your world/uophelp.com

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ACC 290 NEW Your world/uophelp.com

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ACC 290 Final Exam Guide (New)

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• ACC 290 Finals
• Question 1
• Jackson Company recorded the following cash
  transactions for the year 
• ACC 281 Week 1 DQ 3 Health Care Spending

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ACC 290 Final Exam Guide(Latest)

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• Question 1
• The best definition of assets is the
•  
• collections of resources belonging to the company
  and the claims on these resources.
• cash owned by the company.

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ACC 290 Week 1 Assignment Preparing an Income
Statement Retained Earnings Statement and Balance
Sheet

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• Purpose of Assignment 
• The purpose of this assignment is to help
  students become familiar with the presentation of
  the income statement and the retained earnings
  statement, including how parts of the financial
  statement is evaluated to determine the
  operational success of the business. 

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ACC 290 Week 1 Discussion Question 1

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• ACC 290 Week One - DQ 1
• What are the four basic financial statements?
  What is the primary purpose of each of the four
  basic financial statements? In your opinion,
  which financial statement is the most important?
  Explain why.

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ACC 290 Week 1 Discussion Question 2

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• What are debits and credits? How are debits and
  credits used to record business transactions? Why
  do accountants debit asset accounts to increase
  them but credit liability accounts to increase
  them? Why do accountants debit expenses to
  increase them but credit revenues to increase
  them?

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ACC 290 Week 1 Individual Assignment Financial
Statements Paper

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• Individual - Financial Statements Paper - Prepare
  a 700 -1,050 word paper in which you identify the
  four basic financial statements.

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ACC 290 Week 1 Practice Quiz(New)

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• Question 1
• Current assets are expected to be
  converted to cash or consumed within the next
  year or the normal operating cycle, whichever is
  longer.

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ACC 290 Week 1 Vocabulary Activity (New)

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• WileyPLUS Assignment Week 1 Vocabulary Activity
• Resource WileyPLUS
• Complete the following Week 1 Assignment in
  WileyPLUS

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ACC 290 Week 1 WileyPlus Assignment DI1-3,
E1-3,E1-4, E2-4, IFRS2-4 (New)

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• WileyPLUS Assignment Week 1 Assignment
• Resource WileyPLUS
• Complete the following Week 1 Assignment in
  WileyPLUS
• DO IT! 1-3

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ACC 290 Week 2 Chapter 1,2,3 Orion WileyPlus
Proficiency and Practice Quiz

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• ACC 290 Chapter 1 Orion WileyPlus Build your
  Proficiency
•  
•  
• Q 1.1 What is the primary purpose of the
  statement of cash flows?  

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ACC 290 Week 2 Charter for Collaborative Learning
Activities

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• Resources Week 2 Learning Team Collaborative
  Discussion and the Learning Team Charter for
  Collaborative Learning Activities
• Write a 150- to 200-word individual response to
  the following

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ACC 290 Week 2 Discussion Question 1

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• What is the revenue recognition principle? What
  is the expense recognition principle? Why are
  they important to financial reporting?
• What are adjusting entries and why are they
  necessary?

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ACC 290 Week 2 Discussion Question 2

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• What accounts are subject to adjusting journal
  entries and why?
• How would you explain the purpose of the adjusted
  trial balance?

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ACC 290 Week 2 E3-1 (New)

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• The balance sheet makes sure that the finances
  are in balance. Below is a list of Thyme
  Advertising Company, Inc. transactions. Each of
  these is affected differently.
• ?Issued common stock to investors in exchange for
  cash received from investors.

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ACC 290 Week 2 LT Reflection Summary (New)

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• Discuss the objectives for ACC 290 Week Two.
• What do you think will be the most important of
  the skills learned when you are in an accounting
  position?
• Differentiate between accrual basis and cash
  basis of accounting.

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ACC 290 Week 2 LT Reflection Summary

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• Discuss the objectives for ACC 290 Week One. How
  do they relate to the practice of accounting and
  its uses in business? Identify the four basic
  financial statements. Classify transactions
  using the rules of debit and credit. Journalize
  basic transactions. Discuss how financial
  statements would be useful to external users such
  as investors and creditors. Write a 350 to 500
  word summary of your Learning Teams discussion.

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ACC 290 Week 2 Practice Quiz (New)

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• Question 1
• Expenses decrease retained earnings.
• Question 2 

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ACC 290 Week 2 Vocabulary Activity (New)

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• WileyPLUS Assignment Week 2 Vocabulary Activity
• Resource WileyPLUS

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ACC 290 Week 2 WileyPlus Assignment BYP2-2,
IFRS2-6, E3-4, E3-8, BYP 3-2, IFRS 3-2, P3-5,
P3-6 (New)

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• WileyPLUS Assignment Week 2 Assignment
• Resource WileyPLUS

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ACC 290 Week 3 Chapter 4,5 Orion WileyPlus
Proficiency and Practice Quiz

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• ACC 290 Chapter 4 Orion WileyPlus Build your
  Proficiency
•  
•  
• Q 4.1              Which of the following
  statements about accrual-basis accounting is NOT
  true?
• Q 4.2              If a company spends 12
  million dollars for a warehouse, when should the
  cost be written off?

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ACC 290 Week 3 Discussion Question 1

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• What are the steps in completing the accounting
  cycle? How do the different steps affect the
  financial statements? What is the effect on the
  financial statements of missing a step when
  completing the accounting cycle? What are the
  four closing journal entries? Why are they
  necessary? What are reversing entries? Why are
  they used? What are the pros and cons of using
  reversing entries? Why are reversing entries
  optional?

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ACC 290 Week 3 Discussion Question 2

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• What are the pros and cons of using reversing
  entries? Why are reversing entries optional? What
  is the main purpose of a financial statement
  worksheet and its benefits? How has automation
  aided the preparation, accuracy, and use of the
  financial statement worksheet?

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ACC 290 Week 3 LT Reflection Summary

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• Discuss the objectives for ACC 290 Week Two.
  What do you think will be the most important of
  the skills learned when you are in an accounting
  position? Differentiate between accrual basis
  and cash basis of accounting. Create Adjusting
  Entries. Prepare an adjusted trial balance.
  Write a 350 to 500 word summary of your Learning
  Teams discussion.

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ACC 290 Week 3/4 Learning Team Financial
Reporting Problem, Part 1 (2 Different
Papers)(New)

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• Financial Reporting Problem Part I
• Browse the Internet to acquire a copy of the most
  recent annual report for a publicly traded
  company. Analyze the information contained in the
  companys balance sheet and income statement to
  answer the following questions

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ACC 290 Week 3 Practice Quiz (New)

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• Question 1
• The revenue recognition principle dictates that
  revenue is recognized in the period in which the
  cash is received.

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ACC 290 Week 3 Problem 5-5A (Solution)

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• This Doesnt contain 700 words explanation
•  
• Purpose of Assignment 

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ACC 290 Week 3 Vocabulary Activity (New)

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• WileyPLUS Assignment Week 3 Practice Quiz
• Resource WileyPLUS
• Complete the following Week 3 Assignment in
  WileyPLUS
• Chapter 4 Practice Quiz

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ACC 290 Week 3 WileyPlus Assignment BE4-1, P4-2A,
P4-3A, BYP4- (New)

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• WileyPLUS Assignment Week 3 Assignment
• Resource WileyPLUS

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ACC 290 Week 4 Chapter 6 Orion WileyPlus
Proficiency and Practice Quiz

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• ACC 290 Chapter 6 Orion WileyPlus Build your
  Proficiency
•  
•  
• Q 6.1              Where is inventory reported?
• Q 6.2              ________ are items that will
  eventually be used in production

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ACC 290 Week 4 Discussion Question 1

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• How would you calculate cost of goods sold? What
  items make up cost of goods sold? How does
  beginning and ending inventory affect cost of
  goods sold? What are the journal entries a
  merchandising organization would use to record
  the purchase and subsequent sale of merchandise?
  How would these transactions differ with a
  periodic

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ACC 290 Week 4 Discussion Question 2

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• What are the three different inventory cost flow
  assumptions commonly used in commerce today and
  allowed by generally accepted accounting
  principles? How does a company determine what
  cost flow assumption they should use? How does
  first in, first out cost flow assumption work?
  When it is most appropriate to use?

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ACC 290 Week 4 LT Reflection Summary

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• Reflection and Financial Reporting Problem Part
  I.
• Discuss the objectives for ACC 290 Week Three.
  How do they relate to the practice of accounting
  and its uses

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ACC 290 Week 4/5 Individual Assignment Financial
Reporting Problem Part II (2 Different
Papers)(New)

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• Financial Reporting Problem Part II
• Access the internet to acquire a copy of the most
  recent annual report for the public traded
  company used to

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ACC 290 Week 4 Practice Quiz (New)

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• Question 1
• A service company's operating cycle is
  ordinarily shorter than that of a merchandising
  company.

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ACC 290 Week 4 Vocabulary Activity (New)

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• WileyPLUS Assignment Week 4 Vocabulary Activity
• Resource WileyPLUS

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ACC 290 Week 4 Wileyplus Assignment P4-8A,
BYP5-1, BYP5-2, BE5-1, BE5-2, IFRS5-2, IFRS5-4,
Do it 5-3, 5-4 (New)

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• WileyPLUS Assignment Week 4 Assignment
• Resource WileyPLUS

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ACC 290 Week 4Evaluate The Inventory Section Of
Two companies Using Basic Comparative Analysis

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• The purpose of this assignment is to evaluate the
  inventory section of two companies using basic
  comparative analysis, and to interpret the data
  to gain insight about the company's inventory
  management.
• Assignment Steps 

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ACC 290 Week 5 Discussion Question 1

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• What is the control environment? How does the
  control environment affect a companys internal
  controls? What are the negative and positive
  elements of a control environment? What are two
  examples of strong and weak internal controls in
  organizations where you have worked or have
  first-hand knowledge? How are these different?

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ACC 290 Week 5 IFRS Paper (New)

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• IFRS 2-1 In what ways does the format of a
  statement of financial of position under IFRS
  often differ from a balance sheet presented under
  GAAP?

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ACC 290 Week 5 Learning Team Reflection Summary
(New)

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• Reflection and Financial Reporting Problem Part
  II.
• Discuss the objectives for ACC 290 Week Four. In
  the wake of accounting scandals over the past
  several years, how has the Sarbanes-Oxley Act
  (SOX) of 2002 affected the practice of
  accounting? What is the role of internal controls
  in complying with SOX (2002)? Write a 350 to 500
  word summary of your Learning Teams discussion.

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ACC 290 Week 5 Preparing Comprehensive Bank
Reconciliation (Daisey Company)

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• Purpose of Assignment
• Reconciling bank accounts is a good way to help
  maintain internal controls over cash. With time
  lags and posting errors it is easy for cash
  transactions to be omitted, recorded in a
  different accounting period, or reflect

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ACC 290 Week 5 WileyPlus Assignment BE6-5, BE6-7,
BYP6-1, BYP6-2, BE7-4, BE7-6, BE5-1, BE5-2,
BE7-5, E4-17, E4-18 (New)

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• WileyPLUS Assignment Week 5 Assignment
• Resource WileyPLUS

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ACC 290 NEW Your world/uophelp.com

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• www.uophelp.com