Title: ACC 423 MART Empowering and Inspiring/acc423mart.com
1ACC 423 MART Empowering and Inspiring/acc423mart.c
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ACC 423 Final Exam Guide (New 2017, With EXCEL
FILE) FOR MORE CLASSES VISIT www.acc423mart.com T
his Tutorial contains Excel File which can be
used for any change in values Week 5 Final Exam
CPA Question 01 CPA Question 02 CPA Question 05
Question 29 Brief Exercise 15-4 Exercise 15-1 CPA
Question 04 CPA Question 06 Brief Exercise 16-2
Brief Exercise 16-7 Brief Exercise 17-1 Brief
Exercise 17-9 Brief Exercise 17-13 Exercise 17-3
Exercise 17-10 Question 8 Brief Exercise 19-3
Brief Exercise 19-12 Exercise 19-2 CPA Question
08 CPA Question 02 Brief Exercise 20-8 Exercise
20-1 Exercise 20-5 Exercise 20-12 CPA Question 03
Exercise 22-19 CPA Question 01 On September 1,
2017, Hyde Corp., a newly formed company, had the
following stock issued and outstanding Common
stock, no par, 1 stated value
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ACC 423 Week 1 Coca-Cola and PepsiCo
Presentation FOR MORE CLASSES VISIT
www.acc423mart.com Create a 10- to 12-slide
presentation that addresses each question within
the Comparative Analysis Case, pp. 824-825. Click
the Assignment Files tab to submit your
assignment. The Coca-Cola Company and PepsiCo,
Inc. The financial statements of Coca-Cola and
PepsiCo are presented in Appendices C and D,
respectively. The companies' complete annual
reports, including the notes to the financial
statements, are available online. Instructions
Use the companies' financial information to
answer the following questions. (a) What is the
par or stated value of Coca-Cola's and PepsiCo's
common or capital stock?
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ACC 423 Week 1 Discussion Question 1 FOR MORE
CLASSES VISIT www.acc423mart.com Why do
companies offer stock options? What is the
experience of either your organization or an
organization that you are familiar with when it
comes to stock option compensation? Should stock
option compensation be included as an expense
when calculating an organizations net income?
Explain why or why not. If so, how should the
amount of expense be calculated?
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ACC 423 Week 1 Discussion Question 2 FOR MORE
CLASSES VISIT www.acc423mart.com What are the
differences between basic and diluted earnings
per share? What are the differences between the
numerator and the denominator in the basic and
diluted earnings per share calculations? What
actions can an organization take in order to
improve their earnings per share? What is the
experience of either your organization or an
organization that you are familiar with when it
comes to any of these actions? As an investor,
do you evaluate a company as a potential
investment using basic or diluted earnings per
share? Explain why.
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ACC 423 Week 1 DQ (New) FOR MORE CLASSES VISIT
www.acc423mart.com Why do companies offer stock
options? Should stock-option compensation be
included as an expense when calculating an
organization's net income? Explain why or why
not. if so, how should the amount of expense be
calculated? What is the experience of either
your organization or an organization that you are
familiar with when it comes to stock option
compensation? Should stock option compensation
be included as an expense when calculating an
organizations net income? Explain why or why
not. If so, how should the amount of expense be
calculated?
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ACC 423 Week 1 Wileyplus With Excel File New
Syllabus FOR MORE CLASSES VISIT
www.acc423mart.com This Tutorial contains Excel
File which can be used for any Values Brief
Exercise 15-9 Brief Exercise 15-12 Exercise
15-6 Exercise 15-7 Exercise 15-10 Exercise
15-12 Exercise 15-17 Exercise 15-21 Brief
Exercise 16-11 Exercise 16-4 Exercise 16-10
Exercise 16-14 Exercise 16-18 Exercise 16-24
Brief Exercise 15-9 Oriole Corporation has
outstanding 22,000 shares of 5 par value common
stock. On August 1, 2017, Oriole reacquired 190
shares at 82 per share. On November 1, Oriole
reissued the 190 shares at 71 per share. Oriole
had no previous treasury stock transactions.
Prepare Orioles journal entries to record these
transactions using the cost method. Brief
Exercise 15-12 Swifty Mining Company declared, on
April 20, a dividend of 442,000 payable on June
1. Of this amount, 108,000 is a return of
capital.
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ACC 423 Week 2 Discussion Question 1 FOR MORE
CLASSES VISIT www.acc423mart.com What are the
differences between traditional and derivative
instruments? Why do companies use derivative
instruments? Explain whether or not derivatives
are a good investment. What experience do you
have with either traditional or derivative
instruments in your organization or an
organization that you are familiar with?
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ACC 423 Week 2 Discussion Question 2 FOR MORE
CLASSES VISIT www.acc423mart.com Why do
companies make investments in other companies?
What are the differences between debt and equity
investments? What is the experience of either
your organization or an organization that you are
familiar with when it comes to debt and/or equity
investments? What would influence a company to
choose equity or debt as an investment?
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ACC 423 Week 2 DQ (New) FOR MORE CLASSES VISIT
www.acc423mart.com What are the differences
between traditional and derivative instruments?
Why do companies use derivative instruments? Are
derivatives a good investment? Explain why or why
not. Why do companies make investments in other
companies? What are the differences between debt
and equity investments? What would influence a
company to choose equity or debt as an
investment? How do the various classifications
of investments affect financial statements? What
is the rationale behind the different accounting
methods for the various investment
classifications? Which is more important when
determining the accounting method for securities,
influence, or ownership? Explain why.
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ACC 423 Week 2 Signature Assignment Codification
Research Paper (2 Papers) FOR MORE CLASSES VISIT
www.acc423mart.com This Tutorial contains 2
Papers What is a Signature Assignment? A
signature assignment is designed to align with
specific program student learning outcome(s) for
a program. Program Student Learning Outcomes are
broad statements that describe what students
should know and be able to do upon completion of
their degree. The signature assignments are
graded with an automated rubric that allows the
University to collect data that can be aggregated
across a location or college/school and used for
program improvements. Resource FASB Codification
Link. Write a 700- to 1,050-word paper. Your
client, Cascade Company, is planning to invest
some of its excess cash in 5-year revenue bonds
issued by the county and in the stock of one of
its suppliers, Teton Co. Teton's shares trade on
the over-the-counter market. The company would
like you to conduct some research on the
accounting for these investments.
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ACC 423 Week 2 WileyPLUS Assignment (New
Syllabus/With Excel File) FOR MORE CLASSES VISIT
www.acc423mart.com This Tutorial contains Excel
File which can be used to solve for any change in
values Complete the following in WileyPLUS
Brief Exercise 116 Exercise 121 Exercise 122
Exercise 123 Brief Exercise 17-2 Brief
Exercise 17-5 Brief Exercise 17-7 Brief
Exercise 17-11 Brief Exercise 17-13 Exercise
17-3 Exercise 17-9 Exercise 17-12 Exercise
17-18 Exercise 17-27 Brief Exercise 116 On
April 1, 2018, West Company purchased 472,000 of
6.50 bonds for 490,630 plus accrued interest as
an available-for-sale security. Interest is paid
on July 1 and January 1 and the bonds mature on
July 1, 2023. Prepare the journal entry on April
1, 2018. The bonds are sold on November 1, 2019
at 103 plus accrued interest. Amortization was
recorded when interest was received by the
straight-line method. Prepare all entries
required to properly record the sale Exercise 121
Fill in the dollar changes caused in the
Investment account
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ACC 423 Week 3 Discussion Question 1 FOR MORE
CLASSES VISIT www.acc423mart.com Why are there
differences between taxable and financial income?
What are some examples of permanent and temporary
differences? Why do these differences exist? How
do they affect the financial statements? What
experience do you have with either taxable and
financial income and/or permanent and temporary
differences in your organization or an
organization that you are familiar with?
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ACC 423 Week 3 Discussion Question 2 FOR MORE
CLASSES VISIT www.acc423mart.com How are the tax
benefits of net operating losses (NOL) disclosed
on financial statements? Which is more beneficial
to an organization, an NOL carryforward or an NOL
carryback? Explain why. What experience do you
have with NOL in your organization or an
organization that you are familiar with? When
would a company decide to forego a NOL carryback?
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ACC 423 Week 3 DQ (New) FOR MORE CLASSES VISIT
www.acc423mart.com Why are there between taxable
and financial income? What are some example of
payment and temporary differences? Why do these
differences exist? How do they affect financial
statements. How they deferred tax assets and
deferred tax liabilities derived? How do they
relate to the difference between tax expenses and
tax payable? How could an organization have a tax
receivable? Why is tax expenses reported on the
income statement comprised of current and
deferred tax? How are the tax benefits of net
operating losses (NOL) disclosed on financial
statements? Which is more beneficial to the
organization, an NOL carryforward or NOL
carryback? Why. When would a company decide to
forego on carryback?
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ACC 423 Week 3 Team Assignment (CA 15-2, CA 15-6,
CA 16-2, CA 16-4, CA 17-6) FOR MORE CLASSES VISIT
www.acc423mart.com Complete the following for
this assignment as a team Concepts for
Analysis 15-2, p. 823 Concepts for Analysis
15-6, p. 824 Concepts for Analysis 16-2, p. 885
Concepts for Analysis 16-4, p. 886 Concepts
for Analysis 17-6, p. 963 Compile all team
members' input. Click the Assignment Files tab to
submit your assignment.
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ACC 423 Week 3 WileyPLUS Assignment (With Excel
Sheet) FOR MORE CLASSES VISIT www.acc423mart.com
This Tutorial contains Excel Sheet, which can be
used for any change in values Complete the
following in WileyPLUS Brief Exercise 19-2
Brief Exercise 19-6 Brief Exercise 19-11
Brief Exercise 19-14 Exercise 19-6 Exercise
19-8 Exercise 19-17 Exercise 19-20 Exercise
19-24 Brief Exercise 19-2 Pina Corporation began
operations in 2017 and reported pretax financial
income of 228,000 for the year. Pinas tax
depreciation exceeded its book depreciation by
38,000. Pinas tax rate for 2017 and years
thereafter is 30. In its December 31, 2017,
balance sheet, what amount of deferred tax
liability should be reported? Brief Exercise 19-6
At December 31, 2017, Sandhill Inc. had a
deferred tax asset of 30,200. At December 31,
2018, the deferred tax asset is 57,200. The
corporations 2018 current tax expense is
59,100. What amount should Sandhill report as
total 2018 income tax expense? Brief Exercise
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ACC 423 Week 4 Discussion Question 1 FOR MORE
CLASSES VISIT www.acc423mart.com What are the
differences and similarities between a defined
contribution plan and a defined benefit plan? As
an employee, explain why you would rather have a
defined contribution plan or a defined benefit
plan? What experience do you have with pension
plans in your organization or an organization
that you are familiar with? As an employer,
explain why you would rather offer a defined
contribution plan or a defined benefit plan to
your employees?
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ACC 423 Week 4 Discussion Question 2 FOR MORE
CLASSES VISIT www.acc423mart.com What are the
components of pension expense? How do the
components of pension expense differ among the
various types of contribution and benefit plans?
How is the interest rate determined? Why are
prior service costs amortized? Based on your
knowledge of the components of pension, what
would make you more or less likely to invest in a
company?
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ACC 423 Week 4 DQ (New) FOR MORE CLASSES VISIT
www.acc423mart.com What are the differences and
similarities between a defined contribution plan
and a defined benefit plan? As an employee, would
you rather have defined contribution plan or a
defined benefit plan? Explain your answer. As an
employer, would you rather offer a defined
contribution plan or a defined benefit plan?
Explain answer. What are the components of
pension expense? How is the interest rate
determined? Why are prior service costs
amortized? How do the components of pension
expense differ among the various types of
contribution and benefit Plans? How does a
pension plan differ from a 401(k) plan? As an
employee,.would you rather have a pension plan or
a 401(k) plan? Explain your answer. If you were
an employer, would your decision change? Why or
why not.
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ACC 423 Week 4 Team Assignment (CA 19-3, CA 19-7,
Ch 19 Comparative Analysis Case) FOR MORE CLASSES
VISIT www.acc423mart.com Complete the following
for this assignment as a team Concepts for
Analysis 19-3, p. 1106 Concepts for Analysis
19-7, p. 1107 Ch. 19 Comparative Analysis
Case, p.1108 Compile all team members' input.
Click the Assignment Files tab to submit your
assignment.
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ACC 423 Week 4 WileyPLUS Assignment (New
Syllabus/ With Excel File) FOR MORE CLASSES VISIT
www.acc423mart.com This Tutorial contains Excel
Sheet, which can be used for any change in values
Complete the following in WileyPLUS Question
16 Brief Exercise 20-1 Brief Exercise 20-5
Brief Exercise 20-6 Brief Exercise 20-8 Brief
Exercise 20-10 Brief Exercise 20-11 Exercise
20-3 Exercise 20-11 Exercise 20-19 Exercise
20-21 Exercise 20-23 Question 16 Given the
following items and amounts, compute the actual
return on plan assets fair value of plan assets
at the beginning of the period 9,480,000
benefits paid during the period 1,500,000
contributions made during the period 910,000
and fair value of the plan assets at the end of
the period 10,110,000. Brief Exercise 20-1 AMR
Corporation (parent company of American Airlines)
reported the following (in millions). Service
cost 366 Interest on P.B.O.
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ACC 423 Week 5 Discussion Question 1 FOR MORE
CLASSES VISIT www.acc423mart.com What is a
change in accounting principle? How do you
determine if a change in principle should be
reported retroactively, currently, or
prospectively? How do these changes affect the
financial statements? What experience do you
have with change in accounting principle in your
organization or an organization you are familiar
with?
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ACC 423 Week 5 Discussion Question 2 FOR MORE
CLASSES VISIT www.acc423mart.com What are the
differences between counterbalancing and
noncounterbalancing errors? What are some
examples of counterbalancing and
noncounterbalancing errors? How are each handled?
What experience do you have with counterbalancing
and/or noncounterbalancing errors in your
organization or an organization that you are
familiar with? Does it matter if the books are
closed? Explain why or why not.
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ACC 423 Week 5 DQ (New) FOR MORE CLASSES VISIT
www.acc423mart.com What is a change in
accounting principle? How do you determinate if a
change in principle should be reported
retroactively, currently or prospectively? How do
these changes affect financial statements? Why
do accountants make errors? What types of errors
may occur? Why is it necessary to correct them?
Whit are the ramifications of not correcting
errors? What are some examples of
counterbalancing errors? What are some examples
of noncounter balancing errors? What are the
differences between counterbalancing and
noncounter balancing errors? How are each
handled? Does it matter if the books are closed?
Why or why not.
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ACC 423 Week 5 Team Assignment (CA 20-5, CA 20-7,
CA 22-1, CA 22-6) FOR MORE CLASSES VISIT
www.acc423mart.com Complete the following for
this assignment as a team Concepts for
Analysis 20-5, p. 1176 Concepts for Analysis
20-7, p. 1177 Concepts for Analysis 22-1, p.
1329 Concepts for Analysis 22-6, p. 1329
Compile all team members' input. Click the
Assignment Files tab to submit your assignment.
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ACC 423 Week 5 WileyPLUS Assignment (With Excel
File, 100 Score ) OR MORE CLASSES VISIT
www.acc423mart.com This Tutorial contains Excel
File which can be used for any Values Complete
the following in WileyPLUS Brief Exercise 22-1
Brief Exercise 22-4 Brief Exercise 22-7
Brief Exercise 22-8 Exercise 22-2 Exercise
22-5 Exercise 22-10 Exercise 22-11 Exercise
22-16 Exercise 22-17 Exercise 22-20
Exercise 22-22 Brief Exercise 22-1 At the
beginning of 2017, Sage Construction Company
changed from the completed-contract method to
recognizing revenue over time (percentage-of-compl
etion) for financial reporting purposes. The
company will continue to use the
completed-contract method for tax purposes. For
years prior to 2017, pretax income under the two
methods was as follows percentage-of-completion
114,600, and completed-contract 84,000. The tax
rate is 40. Prepare Sages 2017
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