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ACC 306 help A Guide to career/Snaptutorial

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For more classes visit www.snaptutorial.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 ACC 306 Week 2 Quiz ACC 306 Week 2 DQ 1 Ethics Case 14-8 Hunt Manufacturing Debt for equity swaps ACC 306 Week 2 DQ 2 Ethics Case 15-4 Leasehold Improvements ACC 306 Week 2 Assignment E 14-16, E 14-18, E 15-25, P14-21, P15-3 ACC 306 Week 3 Assignment E 16-24, E 16-25, E 17-10, E 17-19, P 16-7, P 17-16 ACC 306 Week 3 Quiz ACC 306 Week 3 Ethics Case 17-6 401(k) plan contributions ACC 306 Week 3 Integrating Case 16-5 accounting changes and error correction ACC 306 Week 4 Communication Case 18-10 – PowerPoint PPT presentation

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Title: ACC 306 help A Guide to career/Snaptutorial


1
ACC 306 help A Guide to career/ snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
2
ACC 306 help A Guide to career/ snaptutorial.com
ACC 306 Entire Course (New) For more classes
visit www.snaptutorial.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 ACC 306 Week 2 Quiz ACC 306 Week 2 DQ 1
Ethics Case 14-8 Hunt Manufacturing Debt for
equity swaps
3
ACC 306 help A Guide to career/ snaptutorial.com
ACC 306 Week 1 Assignment E13-21, E13-22, P12-1,
P12-7,P12-10, P12-14, P13-6 For more classes
visit www.snaptutorial.com   ACC 306 Week 1
Assignment E13-21, E13-22, P12-1, P12-7,P12-10,
P12-14, P13-6
4
ACC 306 help A Guide to career/ snaptutorial.com
ACC 306 Week 1 DQ 1 Accounting Pronouncements
For more classes visit www.snaptutorial.com   Acc
ounting 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,
like Zynga and Facebook. In the Forbes article,
Social Media's Phony Accounting, written by
Francine McKenna, the author discusses how these
new rules are being invented. Read the article
and then
5
ACC 306 help A Guide to career/ snaptutorial.com
ACC 306 Week 1 DQ 1 Equity Method For more
classes visit www.snaptutorial.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. The carrying
amount of Marlons net assets was 66 million.
Miller estimated the fair value of those net as-
sets to be the same except for a patent valued at
24 million above cost. The remaining
amortization period for the patent is 10 years.
6
ACC 306 help A Guide to career/ snaptutorial.com
ACC 306 Week 1 DQ 2 Judgment Case 13-9 For more
classes visit www.snaptutorial.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. A veteran board member brought to the meeting
a draft of a disclosure note that had been
prepared by the controllers office for inclusion
in the annual report. Here is the note
7
ACC 306 help A Guide to career/ snaptutorial.com
 ACC 306 Week 1 Quiz For more classes
visit www.snaptutorial.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 Question 4 Which of the following
investment securities held by Zoogle Inc. may be
classified as held-to-
8
ACC 306 help A Guide to career/ snaptutorial.com
ACC 306 Week 2 Assignment E 14-16, E 14-18, E
15-25, P14-21, P15-3 For more classes
visit www.snaptutorial.com   ACC 306 Week 2
Assignment E 14-16, E 14-18, E 15-25, P14-21,
P15-3
9
ACC 306 help A Guide to career/ snaptutorial.com
ACC 306 Week 2 DQ 1 Ethics Case 14-8 Hunt
Manufacturing Debt for equity swaps For more
classes visit www.snaptutorial.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 help A Guide to career/ snaptutorial.com
ACC 306 Week 2 DQ 2 Ethics Case 15-4 Leasehold
Improvements For more classes visit www.snaptutor
ial.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. The com- pany
controller, Sarah Keene, was surprised by the
suggestion of Larry Person, her new
assistant. Keene Why 25 years? Weve never
depreciated leasehold improvements for such a
long period.
11
ACC 306 help A Guide to career/ snaptutorial.com
ACC 306 Week 2 Quiz For more classes
visit www.snaptutorial.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 help A Guide to career/ snaptutorial.com
ACC 306 Week 3 Assignment E 16-24, E 16-25, E
17-10, E 17-19, P 16-7, P 17-16 For more classes
visit www.snaptutorial.com   ACC 306 Week 3
Assignment E 16-24, E 16-25, E 17-10, E 17-19, P
16-7, P 17-16
13
ACC 306 help A Guide to career/ snaptutorial.com
ACC 306 Week 3 Ethics Case 17-6 401(k) plan
contributions For more classes
visit www.snaptutorial.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 (named
after the Tax Code section that specifies the
conditions for the favorable tax treatment of
these plans) that permits voluntary contributions
by employees. Employees contributions are
matched with one dollar of employer
14
ACC 306 help A Guide to career/ snaptutorial.com
ACC 306 Week 3 Integrating Case 16-5 accounting
changes and error correction For more classes
visit www.snaptutorial.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. As part of an internal audit, the
following facts were discovered. The audit
occurred during 2011 before any adjusting entries
or closing entries were prepared. The income tax
rate is 40 for all years.
15
ACC 306 help A Guide to career/ snaptutorial.com
ACC 306 Week 3 Quiz For more classes
visit www.snaptutorial.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? Question 3 The annual
pension expense for what type of pension plan(s)
is recorded by a journal entry that includes a
debit to pension expense and a credit to the
pension asset or pension liability? Question 4
Which of the following causes a temporary
difference between taxable and pretax accounting
16
ACC 306 help A Guide to career/ snaptutorial.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 For more
classes visit www.snaptutorial.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
17
ACC 306 help A Guide to career/ snaptutorial.com
ACC 306 Week 4 Communication Case 18-10 For more
classes visit www.snaptutorial.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. The present proliferation of
financial instruments that combine features of
both debt and equity and the difficulty of
drawing a distinction have led many to conclude
that the present two-category distinction between
liabilities and equity should be eliminated. Two
opposing viewpoints are
18
ACC 306 help A Guide to career/ snaptutorial.com
ACC 306 Week 4 Ethics Case 19-7 International
Network Solutions For more classes
visit www.snaptutorial.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. One morning, nine
weeks before the close of the fiscal year, Rob
Mashburn, CFO, and Jessica Lane, controller, were
sharing coffee and ideas in Lanes office.
19
ACC 306 help A Guide to career/ snaptutorial.com
 ACC 306 Week 4 Quiz For more classes
visit www.snaptutorial.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? Question 3 When treasury shares are sold
at a price above cost Question 4 When a
property dividend is declared, the reduction in
retained earnings is for Question 5 When
preferred stock is purchased by the issuing
corporation at a price below the original issue
price
20
ACC 306 help A Guide to career/ snaptutorial.com
ACC 306 Week 4 Quiz For more classes
visit www.snaptutorial.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? Question 3 When treasury shares are sold
at a price above cost Question 4 When a
property dividend is declared, the reduction in
retained earnings is for Question 5 When
preferred stock is purchased by the issuing
corporation at a price below the original issue
price
21
ACC 306 help A Guide to career/ snaptutorial.com
ACC 306 Week 5 Assignment E 20-18, P 21-11, P
21-14 For more classes visit www.snaptutorial.com
  ACC 306 Week 5 Assignment E 20-18, P 21-11, P
21-14
22
ACC 306 help A Guide to career/ snaptutorial.com
ACC 306 Week 5 Ethics Case 20-5 Softening the
blow For more classes visit www.snaptutorial.com
  Ethics 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. For three months, the
economy had been in a down cycle and the
transportation industry was particularly hard
hit. As a result, Joy expected AMTs financial
results would not be pleasant news to
shareholders. However, what Joy
23
ACC 306 help A Guide to career/ snaptutorial.com
ACC 306 Week 5 Ethics Case 21-7 For more classes
visit www.snaptutorial.com   Ethics Case 217 -
Ben Naegle - Wheres the cash? ? LO1 LO3 After
graduating near the top of his class, Ben Naegle
was hired by the local office of a Big 4 CPA firm
in his hometown. Two years later, impressed with
his technical skills and experience, Park
Electronics, a large regional consumer
electronics chain, hired Ben as assistant
controller. This was last week. Now Bens initial
excitement has turned to distress.
24
ACC 306 help A Guide to career/ snaptutorial.com
ACC 306 Week 5 Final Lease Paper (2 Papers) For
more classes visit www.snaptutorial.com   ACC 306
Week 5 Final Paper (Lease)
25
ACC 306 help A Guide to career/ snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
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