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FOR MORE CLASSES VISIT www.acc421genius.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. On July 1, 2014, Crowe Co. pays $15,000 to Zubin Insurance Co. – PowerPoint PPT presentation

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Title: ACC 421 GENIUS Lifetime Success / acc421genius.com


1
ACC 421 GENIUS Lifetime Success / acc421genius.com
2
ACC 421 GENIUS Lifetime Success / acc421genius.com
ACC 421 Final Exam Guide (New) FOR MORE
CLASSES VISIT www.acc421genius.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. 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 GENIUS Lifetime Success / acc421genius.com
ACC 421 Final Exam Guide (New) FOR MORE
CLASSES VISIT www.acc421genius.com 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.
4
ACC 421 GENIUS Lifetime Success / acc421genius.com
ACC 421 Final Exam Guide FOR MORE CLASSES
VISIT www.acc421genius.com 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. Question 3 Dresser Company's
weekly payroll, paid on Fridays, totals 12,000.
Employees work a 5-day week.
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ACC 421 GENIUS Lifetime Success / acc421genius.com
ACC 421 Week 1 US GAAP Versus IFRS FOR MORE
CLASSES VISIT www.acc421genius.com 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.
6
ACC 421 GENIUS Lifetime Success / acc421genius.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)
FOR MORE CLASSES VISIT www.acc421genius.com 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) Question 1 Identify the
appropriate qualitative characteristic(s) to be
used given the information provided below
7
ACC 421 GENIUS Lifetime Success / acc421genius.com
ACC 421 Week 2 DQs FOR MORE CLASSES
VISIT www.acc421genius.com 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? 4. What
are the differences between regular and irregular
items on an income statement? 5. What are the
requirements for items to qualify as irregular?
What are some examples of irregular items?
8
ACC 421 GENIUS Lifetime Success / acc421genius.com
ACC 421 Week 2 Individual BE 4-2, BE 4-3, BE
4-10, Ex 4-5, Ex 18-3, Ex 18-7, Ex 18-12 FOR
MORE CLASSES VISIT www.acc421genius.com Complete
the following Week 2 Assignment in WileyPLUS
Brief Exercise 4-2 Brief Exercise 4-4 Brief
Exercise 4-9 Brief Exercise 18-2 Brief
Exercise 18-5 Brief Exercise 18-6
9
ACC 421 GENIUS Lifetime Success / acc421genius.com
ACC 421 Week 2 Individual Revenue Recognition
standards (2 PPT) FOR MORE CLASSES
VISIT www.acc421genius.com 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 GENIUS Lifetime Success / acc421genius.com
ACC 421 Week 2 Team Coca-Cola PepsiCo
Comparative Analysis Cases p. 72 and 145 FOR
MORE CLASSES VISIT www.acc421genius.com 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 GENIUS Lifetime Success / acc421genius.com
ACC 421 Week 3 Assignment CA 4-2, Problem 18-3,
Problem 18-2 FOR MORE CLASSES
VISIT www.acc421genius.com 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 GENIUS Lifetime Success / acc421genius.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) FOR MORE CLASSES VISIT www.acc421genius.co
m 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,
13
ACC 421 GENIUS Lifetime Success / acc421genius.com
ACC 421 Week 3 Individual BE 24-1 (Essay) (with
Excel File) FOR MORE CLASSES VISIT www.acc421gen
ius.com 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
14
ACC 421 GENIUS Lifetime Success / acc421genius.com
ACC 421 Week 3 Individual BE 24-8 (with Excel
File) FOR MORE CLASSES VISIT www.acc421genius.co
m 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? b) A company had an average
inventory last year of 196,000 and its inventory
turnover was 5.
15
ACC 421 GENIUS Lifetime Success / acc421genius.com
ACC 421 Week 3 Individual Brief Exercise 5-1
(with Excel File) FOR MORE CLASSES
VISIT www.acc421genius.com 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 GENIUS Lifetime Success / acc421genius.com
ACC 421 Week 3 Individual Exercise 5-3 FOR
MORE CLASSES VISIT www.acc421genius.com 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 GENIUS Lifetime Success / acc421genius.com
ACC 421 Week 3 Individual Exercise 5-9 (with
Excel File) FOR MORE CLASSES VISIT www.acc421gen
ius.com 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. a)
calculate following adjusted balances.
18
ACC 421 GENIUS Lifetime Success / acc421genius.com
ACC 421 Week 3 Individual Problem 5-2 (with
Excel File) FOR MORE CLASSES VISIT www.acc421gen
ius.com 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 GENIUS Lifetime Success / acc421genius.com
ACC 421 Week 3 Individual Problem 24-3 (Essay)
FOR MORE CLASSES VISIT www.acc421genius.com Probl
em 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,
20
ACC 421 GENIUS Lifetime Success / acc421genius.com
ACC 421 Week 3 Team Assignment Comparative
Analysis Case (Coca Cola/Pepsi Co) FOR MORE
CLASSES VISIT www.acc421genius.com 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). (a) What
type of income format(s) is used by these two
companies? Identify any differences in income
statement format between these two companies. (b)
What are the gross profits
21
ACC 421 GENIUS Lifetime Success / acc421genius.com
ACC 421 Week 4 Team Coca-Cola PepsiCo Assignment
(p.255, p.1458, CA 5-3, CA 24-12) FOR MORE
CLASSES VISIT www.acc421genius.com Complete the
following deliverables as a team 1. The
Coca-Cola/PepsiCo Comparative Analysis Case on p.
255. Your responses should be approximately one
to two sentences for each segment (a, b, c,e). 2.
The Financial Reporting Problem, The Procter
Gamble Company on p. 1458. Your responses should
be approximately one to two sentences for each
segment (a, b, c,).
22
ACC 421 GENIUS Lifetime Success / acc421genius.com
ACC 421 Week 4 Wileyplus BE 5-12, Ex 5-13, Ex
5-14, BE 23-1, Ex 23-14 FOR MORE CLASSES
VISIT www.acc421genius.com 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 Brief Exercise 23-1 Exercises
23-13 Exercise 23-14 Brief Exercise 5-12 Monty
Beverage Company reported the following items in
the most recent year. Net Income 43,400
Dividends paid 5,210 Increase in a/r
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ACC 421 GENIUS Lifetime Success / acc421genius.com
ACC 421 Week 5 Analyzing Amazon document FOR
MORE CLASSES VISIT www.acc421genius.com 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.
24
ACC 421 GENIUS Lifetime Success / acc421genius.com
ACC 421 Week 5 Team Coca-Cola PepsiCo (p,1394,
CA 5-5, Problem 6-12) FOR MORE CLASSES
VISIT www.acc421genius.com Complete the following
deliverables as a team The Coca-Cola/PepsiCo
Comparative Analysis Case on p. 1394. Your
responses should be approximately one to two
sentences for each segment (a-f). Complete the
following individually and discuss your
individual answers as a team CA 5-5 Cash Flow
Analysis, p. 254 Problem 6-12, p. 309 After
discussing your answers, compile each into a team
response. Click the Assignment Files tab to
submit your assignment.
25
ACC 421 GENIUS Lifetime Success / acc421genius.com
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