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For more course tutorials visit www.tutorialrank.com Scroll Down to See Details of the Questions        Transactions for Mehta Company for the month of May are presented below. Prepare journal entries for each of these transactions.    – PowerPoint PPT presentation

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Title: ACC 421 Course Inspiring Minds / tutorialrank.com


1
ACC 421 Course Inspiring Minds/ tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com
2
ACC 421 Course Inspiring Minds/ tutorialrank.com
ACC 421 Final Exam Guide (New) 98 Score
Scroll Down to See Details of the Questions
Transactions for Mehta Company for the month of
May are presented below. Prepare journal entries
for each of these transactions. On July 1,
2014, Crowe Co. pays 15,000 to Zubin Insurance
Co. for a 3-year insurance policy. Both companies
have fiscal years ending December 31. For Crowe
Co., journalize the entry on July 1 and the
adjusting entry on December 31.
3
ACC 421 Course Inspiring Minds/ tutorialrank.com
ACC 421 Final Exam Guide (New)
Number of Questions 30 Score atleast 90 easily
with our EXCEL SHEET for any values (EVEN IF
VALUES CHANGES) of below mentioned Question
Exercise 129 Prepare the necessary
adjusting journal entries indicated by each item
for the year ended December 31, 2017. Exercise
132 1. An income
statement. 2. A
retained earnings statement.
3. A balance sheet.
4
ACC 421 Course Inspiring Minds/ tutorialrank.com
ACC 421 Final Exam Guide
Question 1 Transactions for Mehta Company for the
month of May are presented below. May 1 B.D.
Mehta invests 3,054 cash in exchange for common
stock of Mehta Company, a small welding
corporation. 3 Buys equipment on account for
1,547. Question 2 On July 1, 2012, Crowe Co.
pays 19,796 to Zubin Insurance Co. for a 3-year
insurance contract. Both companies have fiscal
years ending December 31. For Crowe Co.
5
ACC 421 Course Inspiring Minds/ tutorialrank.com
ACC 421 Week 1 US GAAP Versus IFRS
Write a 1,050- to 1,400-word paper that addresses
the following scenario and questions Your aunt
recently received the annual report for a company
in which she has invested. The report notes that
the statements have been prepared in accordance
with generally accepted accounting principles.
She has also heard that certain terms have
special meanings in accounting relative to
everyday use. She would like you to explain the
meaning of terms she has come across related to
accounting.
6
ACC 421 Course Inspiring Minds/ tutorialrank.com
ACC 421 Week 1 WileyPlus Assignment Ex 2-4, Ex
2-6, Ex 3-5, Ex 3-9, Ex 3-13 With Excel File
This Tutorial contains Excel File which can be
used to solve for any values Exercise 2-4
Exercise 2-6 Exercise 3-5 Exercise 3-9
Exercise 3-13 (Part Level Submission)
7
ACC 421 Course Inspiring Minds/ tutorialrank.com
ACC 421 Week 2 DQs
1. What are different criteria for
recognizing revenue? 2. What are the
different revenue recognition methods? Why are
there so many revenue recognition methods? 3.
Why are the methods subjective, and what are the
implications on income statement quality?
8
ACC 421 Course Inspiring Minds/ tutorialrank.com
ACC 421 Week 2 Individual BE 4-2, BE 4-3, BE
4-10, Ex 18-3, Ex 18-7
This Tutorial contains Excel File which can be
used to solve for any values Complete the
following assignments in WileyPLUS Brief
Exercise 4-2 Brief Exercise 4-3 Brief Exercise
4-10
9
ACC 421 Course Inspiring Minds/ tutorialrank.com
ACC 421 Week 2 Individual Revenue Recognition
standards (2 PPT)
This Tutorial contains 2 Presentation Create a
7- to 12-slide presentation. Describe the new
Revenue Recognition standards. Project the impact
of these new standards on financial
reporting. Click the Assignment Files tab to
submit your assignment.
10
ACC 421 Course Inspiring Minds/ tutorialrank.com
ACC 421 Week 2 Team Coca-Cola PepsiCo Comparative
Analysis Cases p. 72 and 145
Complete, as a team, the Coca-Cola/PepsiCo
Comparative Analysis Cases on p. 72 and 145. Your
responses should be approximately one to two
sentences for each segment (a-d, a-c). Compile
all team members input. Click the Assignment
Files tab to submit your assignment.
11
ACC 421 Course Inspiring Minds/ tutorialrank.com
ACC 421 Week 3 Assignment CA 4-2, Problem 18-3,
Problem 18-2
Complete the following individually and discuss
your individual answers as a team CA 4-2, p.
190 Problem 18-3, p. 1043 Problem 18-2, p.
1047 After discussing your answers, compile each
into a team response. Click the Assignment Files
tab to submit your assignment.
12
ACC 421 Course Inspiring Minds/ tutorialrank.com
ACC 421 Week 3 Individual BE 5-1, Ex 5-3, Ex 5-9,
Pr 5-2, BE 2-1, BE 24-8, Pr 24-3 (With Excel File)
This Tutorial contains Excel File which can be
used to solve for any values Exercise
5-1 Pronghom corporation has the following
accounts included in its December 31, 2017, trial
balance Accounts receivable 110,600, Inventory
293,500, Allowance for Doubtful Accounts 9,450,
Patents 72,500, prepaid insurance 9,590,
Accounts payable 81,200 and cash 30,200.
Prepare the current assets section of the balance
sheet.
13
ACC 421 Course Inspiring Minds/ tutorialrank.com
ACC 421 Week 3 Individual BE 24-1 (Essay) (with
Excel File)
This Tutorial contains Excel File which can be
used to solve for any values Brief Exercise
24-1 (Essay) An annual report of Crestwood
Industries states, The company subsidiaries have
long-term leases expiring on various dates after
December 31,2017. Amounts payables under such
commitments, without reduction for related rental
income, are expected to average
14
ACC 421 Course Inspiring Minds/ tutorialrank.com
ACC 421 Week 3 Individual BE 24-8 (with Excel
File)
This Tutorial contains Excel File which can be
used to solve for any values Brief Exercise
24-8 Answer each of the questions in the
following unrelated situations a) The
current ratio of a company is 51 and its
acid-test ratio is 11. If the inventories and
prepaid items amount to 485,500, what is the
amount of current liabilities?
15
ACC 421 Course Inspiring Minds/ tutorialrank.com
ACC 421 Week 3 Individual Brief Exercise 5-1
(with Excel File)
This Tutorial contains Excel File which can be
used to solve for any values Exercise
5-1 Pronghom corporation has the following
accounts included in its December 31, 2017, trial
balance Accounts receivable 110,600, Inventory
293,500, Allowance for Doubtful Accounts 9,450,
Patents 72,500, prepaid insurance 9,590,
Accounts payable 81,200 and cash 30,200.
Prepare the current assets section of the balance
sheet.
16
ACC 421 Course Inspiring Minds/ tutorialrank.com
ACC 421 Week 3 Individual Exercise 5-3
Exercise 5-3 For Fielder Enterprises, indicate
how each of the following usually should be
classified. If an item should appear in a note to
the financial statements, select note to
Financial Statement to indicate this fact. If an
item need to be reported on the balance sheet,
select Balance Sheet and if an item need not be
reported at all, select Not to be Reported
17
ACC 421 Course Inspiring Minds/ tutorialrank.com
ACC 421 Week 3 Individual Exercise 5-9 (with
Excel File)
This Tutorial contains Excel File which can be
used to solve for any values Exercise 5-9 (Part
Level Submission) The current assests and current
liabilities sections of the balance sheet of
Cheyenne company appear as follows. calculate
following adjusted balances.
18
ACC 421 Course Inspiring Minds/ tutorialrank.com
ACC 421 Week 3 Individual Problem 5-2 (with Excel
File)
This Tutorial contains Excel File which can be
used to solve for any values Problem
5-2 Presented below are a number of balance sheet
items for waterway, Inc., for the current year,
2017.
19
ACC 421 Course Inspiring Minds/ tutorialrank.com
ACC 421 Week 3 Individual Problem 24-3 (Essay)
Problem 24-3 (Essay) Bradbum Corporation was
Formed 5 years age through a public subscription
of common stock. Daniel Brown, who owns 15 of
the common stock, was one of the organizers of
Bradburn and is its current president. The
company has been successful, but it currently is
experiencing a shortage of funds. On june 10,
2018, Daniel Brown approached the Topeka National
Bank, asking for a 24-month
20
ACC 421 Course Inspiring Minds/ tutorialrank.com
ACC 421 Week 3 Team Assignment Comparative
Analysis Case (Coca Cola/Pepsi Co)
Complete the following deliverables as a
team The Coca-Cola/PepsiCo Comparative Analysis
Case on p. 192. Your responses should be
approximately one to two sentences for each
segment (a-c).
21
ACC 421 Course Inspiring Minds/ tutorialrank.com
ACC 421 Week 4 Wileyplus BE 5-12, Ex 5-13, Ex
5-14, BE 23-1, Ex 23-14
This Tutorial contains Excel File which can be
used to solve for any values Complete the
following assignments in WileyPLUS Brief
Exercise 5-12 Exercise 5-13 Exercise 5-14
22
ACC 421 Course Inspiring Minds/ tutorialrank.com
ACC 421 Week 5 Analyzing Amazon document
Resources Analyzing Amazon document. Write a
700- to 1,050-word paper. The incredible growth
of Amazon.com has put fear into the hearts of
traditional retailers. Amazons stock price has
soared to amazing levels. However, it is often
pointed out in the financial press that it took
the company several years to report its first
profit. Calculate free cash flow for Amazon for
the current and prior years.
23
ACC 421 Course Inspiring Minds/ tutorialrank.com
ACC 421 Week 5 Analyzing Amazon document
Resources Analyzing Amazon document. Write a
700- to 1,050-word paper. The incredible growth
of Amazon.com has put fear into the hearts of
traditional retailers. Amazons stock price has
soared to amazing levels. However, it is often
pointed out in the financial press that it took
the company several years to report its first
profit. Calculate free cash flow for Amazon for
the current and prior years.
24
ACC 421 Course Inspiring Minds/ tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com
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