ACC 423 MART Possible Is Everything / acc423mart.com

1
ACC 423 MART Possible Is Everything /
acc423mart.com
2
ACC 423 MART Possible Is Everything /
acc423mart.com
ACC 423 Final Exam Guide (New 2017, With EXCEL
FILE) FOR MORE CLASSES VISIT www.acc423mart.com Th
is 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, 5,000 shares
originally issued at 15 per share. Preferred
stock, 10 par value, 1,500 shares originally
issued for 25 per share. Hyde's September 1,
2017 statement of stockholders' equity should
report Common stock Preferred stock Additional
Paid-in capital CPA Question 02 Beck Corp. issued
200,000 shares of common stock when it began
operations in year 1 and issued an additional
100,000 shares in year 2. Beck also issued
preferred stock convertible to 100,000 shares of
common stock
3
ACC 423 MART Possible Is Everything /
acc423mart.com
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? (b) What percentage of authorized shares
was issued by Coca-Cola at December 31, 2014, and
by PepsiCo at December 31, 2014? (c) How many
shares are held as treasury stock by Coca-Cola at
December 31, 2014, and by PepsiCo at December 31,
2014? (d) How many Coca-Cola common shares are
outstanding at December 31, 2014? How many
PepsiCo shares of capital stock are outstanding
at December 31, 2014? (e) What amounts of cash
dividends per share were declared by Coca-Cola
and PepsiCo in 2014? What were the dollar amount
effects of the cash dividends on each company's
stockholders' equity?
4
ACC 423 MART Possible Is Everything /
acc423mart.com
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?
5
ACC 423 MART Possible Is Everything /
acc423mart.com
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.
6
ACC 423 MART Possible Is Everything /
acc423mart.com
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?
7
ACC 423 MART Possible Is Everything /
acc423mart.com
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. Prepare
the April 20 and June 1 entries for Swifty. Ex
15-10 Exercise 15-6 Whispering Corporation is
authorized to issue 49,000 shares of 5 par value
common stock. During 2017, Whispering took part
in the following selected transactions. 1. Issued
4,900 shares of stock at 42 per share, less
costs related to the issuance of the stock
totaling 7,400. 2. Issued 1,200 shares of stock
for land appraised at 49,000
8
ACC 423 MART Possible Is Everything /
acc423mart.com
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?
9
ACC 423 MART Possible Is Everything /
acc423mart.com
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?
10
ACC 423 MART Possible Is Everything /
acc423mart.com
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.
11
ACC 423 MART Possible Is Everything /
acc423mart.com
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. Instructions
Access the FASB Codification. Once you login
using the username and password provided from the
link above "login instructions"
12
ACC 423 MART Possible Is Everything /
acc423mart.com
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 and Dividend Revenue or
Investment Revenue account by each of the
following transactions, assuming Crane Company
uses (a) the fair value method and (b) the equity
method for accounting for its investments in
Hudson Company. At the beginning of Year
13
ACC 423 MART Possible Is Everything /
acc423mart.com
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?
14
ACC 423 MART Possible Is Everything /
acc423mart.com
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?
15
ACC 423 MART Possible Is Everything /
acc423mart.com
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?
16
ACC 423 MART Possible Is Everything /
acc423mart.com
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.
17
ACC 423 MART Possible Is Everything /
acc423mart.com
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
19-11 At December 31, 2017, Sarasota Corporation
had a deferred tax liability of 746,200,
resulting from future taxable amounts of
1,820,000 and an enacted tax rate of 41. In May
2018, a new income tax act is signed into law
that raises the tax rate to 46 for 2018 and
future years
18
ACC 423 MART Possible Is Everything /
acc423mart.com
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?
19
ACC 423 MART Possible Is Everything /
acc423mart.com
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? 
20
ACC 423 MART Possible Is Everything /
acc423mart.com
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.
21
ACC 423 MART Possible Is Everything /
acc423mart.com
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.
22
ACC 423 MART Possible Is Everything /
acc423mart.com
ACC 423 Week 4 WileyPLUS Assignment (With Excel
File Custom Work) FOR MORE CLASSES
VISIT www.acc423mart.com This is a custom work
only, email us at uopashinfo_at_gmail.com if you are
looking for this tutorial 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
23
ACC 423 MART Possible Is Everything /
acc423mart.com
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?
24
ACC 423 MART Possible Is Everything /
acc423mart.com
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.
25
ACC 423 MART Possible Is Everything /
acc423mart.com
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.
26
ACC 423 MART Possible Is Everything /
acc423mart.com
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.
27
ACC 423 MART Possible Is Everything /
acc423mart.com
ACC 423 Week 5 WileyPLUS Assignment (With Excel
File Custom Work) FOR MORE CLASSES
VISIT www.acc423mart.com This is a custom work
only, email us at uopashinfo_at_gmail.com if you are
looking for this tutorial 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
28
ACC 423 MART Possible Is Everything /
acc423mart.com
ACC 423 Week 5 WileyPLUS Assignment (With Excel
File, 100 Score ) FOR 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 journal entry to
record the change in accounting principle. Brief
Exercise 22-4 Culver Company changed depreciation
methods in 2017 from double-declining-balance to
straight-line. Depreciation prior to 2017 under
double-declining-balance was 87,900,
29
ACC 423 MART Possible Is Everything /
acc423mart.com