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Title: ACC 422 help A Guide to career/newtonhelp.com


1
ACC 422 help A Guide to career/newtonhelp.com
2
ACC 422 Final Exam Guide (New 2018, With EXCEL
FILE, Score 29/30)
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  • This Tutorial contains excel File which can be
    used to solve for any change in values
  • Brief Exercise 7-1
  • Brief Exercise 7-7
  • Brief Exercise 7-14
  • Brief Exercise 7-15
  • Brief Exercise 8-4 (Part Level Submission)

3
ACC 422 Final Exam Guide 1
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  • . Kraft Enterprises owns the following assets at D
    ecember 31, 2012.
  • Cash in banksavings account
  • 67,516
  • Checking account balance
  • 26,445
  • Cash on hand
  • 9,478
  • Postdated checks

4
ACC 422 Final Exam Guide 2
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  • 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.

5
ACC 422 Final Exam Guide 3
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  • SET 3
  • 1) Which of the following is NOT considered cash
    for financial reporting purposes?
  • 2) What is the preferable

6
ACC 422 Final Exam Guide All 3 Sets
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  • Details of All 180 Questions Given Below
  • SET 1
  • 1. Kraft Enterprises owns the following assets at
    December 31, 2012.
  • Cash in banksavings account 67,516 Checking
    account balance 26,445

7
ACC 422 Week 1 DQ 1
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  • Week 1 DQ 1
  • Consider how an organization must manage cash,
    receivables, and inventory. Which of the three
    variables is the most important to manage? Is one
    more susceptible to fraud and errors than the
    others? Explain your answer.

8
ACC 422 Week 1 DQ 2
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  •  
  • Week 1 DQ 2
  • What is the perpetual method of tracking
    inventory?
  • How does it differ from the periodic method of
    tracking inventory?
  • Why would a company

9
ACC 422 Week 1 DQ 3
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  • Week 1 DQ 3
  • What are the different ways to estimate bad debt?
  • How does this affect net income?
  • What does Generally Accepted Accounting
    Principles (GAAP) require? Why?

10
ACC 422 Week 1 Individual Assignment Disclosure
Analysis Paper (2 Papers)
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  • This Tutorial contains 2 Papers
  •  
  • Resource Internet
  •  
  • Select a publicly held company to use as the
    basis for this assignment.
  •  
  • Research your selected company and acquire the
    companys most

11
ACC 422 Week 1 Team Assignment Audited Financial
Statements (Nordstrom Inc.)
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  • Each team is assigned a publically traded company
    that they will use to answer the questions in the
    Financial Scavenger Hunt assigned each week.
  •             Team A          Nordstrom Inc.
  •             Team B          Macy's Inc.

12
ACC 422 Week 1 Wileyplus BE 7-1, BE 7-7, Ex 7-4,
Ex 7-9, Ex 7-22, Ex 7-24, CA 7-2, Pr 7-4 (with
Excel File)
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  • This Tutorial contains Excel File which can be
    used to solve for any values
  • Complete the following assignments in WileyPLUS
  •          Brief Exercise 7-1
  •          Brief Exercise 7-7
  •          Exercise 7-4

13
ACC 422 Week 2 DQ 1
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  • Week 2 DQ 1
  • Under what circumstances would a company need to
    estimate its inventory?
  • What are the differences between using the gross
    profit method and retail inventory method for
    estimating inventory?
  • Which method of estimation, gross

14
ACC 422 Week 2 DQ 2
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  • Week 2 DQ 2
  • What are the criteria for capitalization of fixed
    assets?
  • What items are included in the cost of a fixed
    asset?
  • Should interest be included in the cost of a
    fixed asset? Explain why or why not.

15
ACC 422 Week 2 DQ 3
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  • Week 2 DQ 3
  • How do we account for the disposition of fixed
    assets?
  • What are the differences in how the exchanges of
    assets are handled, pending on whether they are
    similar or dissimilar?
  • What is the rationale for these

16
ACC 422 Week 2 Learning Team Assignment (New
Syllabus)
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  • Complete the following three deliverables for
    this assignment as a team
  • 1. The Financial Reporting, Procter Gamble
    Company, p. 379.
  • 2. The Financial Statement Analysis Cases, Case
    1 Occidental Petroleum Corporation, p. 379.
  • 3. Problem 7-6, p. 374

17
ACC 422 Week 2 Wileyplus Ex 8-2, Ex 8-9, Ex 8-12,
Ex 9-2, Ex 9-7, Ex 9-17, Ex 9-18, Ex 9-20, Ex
9-22
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  • This Tutorial contains Excel File which can be
    used to solve for any values
  • Complete the following assignments i
  • Exercise 8-2
  • Exercise 8-9 (Part Level Submission)
  • Exercise 8-12 (Part Level Submission)
  • Exercise 9-2
  • Exercise 9-7

18
ACC 422 Week 3 DQ 1
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  • Week 3 DQ 1
  • What is the purpose of depreciation?
  • Does the book value of a fixed asset (cost minus
    accumulated depreciation) communicate to a user
    what the asset is worth? Explain why or why not.
  • Should the financial statements

19
ACC 422 Week 3 DQ 2
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  • Week 3 DQ 2
  • What are the different methods used to calculate
    depreciation?
  • How does a company decide which method it should
    utilize?
  • How does its choice

20
ACC 422 Week 3 DQ 3
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  • Week 3 DQ 3
  • What is an intangible asset?
  • Should all intangible assets be subject to
    amortization? Explain why or why not.
  • Why are some intangible assets not amortized?
  • What is the implication to the financial

21
ACC 422 Week 3 DQ 4
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  • ACC 422 Week 3 DQ 4

22
ACC 422 Week 3 Team Assignment (Case 3, CA 8-10,
Problem 9-3, Problem 9-13)
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  • Complete the following four deliverables for this
    assignment as a team
  • 1. Case 3 The Kroger Company, p. 440
  • Complete the following individually and discuss
    your individual answers as a team

23
ACC 422 Week 3 Wileyplus BE 10-10, Ex 10-3, Ex
10-13, Ex 11-6 Ex 11-15, Ex 11-24, Ex 12-1, Ex
12-4, Ex 12-14
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  • This Tutorial contains Excel File which can be
    used to solve for any values
  • Complete the following assignments in WileyPLUS
  • Brief Exercise 10-10
  • Exercise 10-3
  • Exercise 10-13
  • Exercise 11-6
  • Exercise 11-15

24
ACC 422 Week 4 DQ 1
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  • Week 4 DQ 1
  • What are the criteria for classifying an item as
    a current liability?
  • What are some examples of current liabilities?
  • Why is it important to classify a portion of
    long-term debt on a yearly basis as

25
ACC 422 Week 4 DQ 2
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  • Week 4 DQ 2
  • What is a contingency?
  • Why are contingencies important to users of
    financial statements?
  • What are the criteria for recording
    contingencies?
  • Should companies record a

26
ACC 422 Week 4 DQ 3
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  • Week 4 DQ 3
  • What is a bond? What are some features of a bond?
    How do you value bonds? What factors can affect
    that value?

27
ACC 422 Week 4 Team Assignment Problem 10-4,
Problem 10-6, CA 11-5, Problem 12-2
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  • Complete the following individually and discuss
    your individual answers as a team
  • Problem 10-4, p. 543
  • Problem 10-6, p. 544
  • CA 11-5, p. 597

28
ACC 422 Week 4 WileyPlus Ex 13-2, Ex 13-7, Ex
13-16, Ex 14-4, Ex 14-6, Ex 14-9, Problem 14-2
(With
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  • Complete the following assignments in WileyPLUS
  • Exercise 13-2 (Part Level Submission)
  • Exercise 13-7 (Part Level Submission)
  • Exercise 13-16
  • Exercise 14-4
  • Exercise 14-6
  • Exercise 14-9 (Part Level

29
ACC 422 Week 5 DQ 1
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  • Week 5 DQ 1
  • What are the differences between a
    direct-financing and a sales-type lease for a
    lessor?
  • Why would a lessor provide direct-financing to a
    lessee?
  • What types of organizations provide
    direct-financing leases?

30
ACC 422 Week 5 DQ 2
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  • Week 5 DQ 2
  • What are the criteria for classifying a lease as
    operating or capital?
  • Why is there a difference between the two?
  • What are the implications of an operating lease
    versus a capital lease on an entitys financial
    statements?

31
ACC 422 Week 5 DQ 3
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  • Week 5 DQ 3
  • What is residual value?
  • What is the implication to the lessee if the
    residual value is guaranteed or unguaranteed?
  • What is the implication to the lessor?

32
ACC 422 Week 5 DQ 4
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  • Week 5 DQ 4
  • What are the advantages of operating and capital
    leases? What are the disadvantages?
  • Why would a company pick one over the other?

33
ACC 422 week 5 Learning Team Problem
Presentation
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  • Collaborate as a team to provide written
    responses to a facilitator-assigned problem.
  • Prepare a 5- to 10-minute oral presentation
    accompanied by a 7- to 9-slide Microsoft PowerPoi
    nt presentation illustrating your teams
    solution to the assigned problem.

34
ACC 422 Week 5 Signature Assignment Presentation
(Procter and Gamble)
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  • Create a 5- to 10-slide presentation and use the
    same publicly traded company selected in Week 2
    to address the following
  • Be sure to use the most recent SEC 10-k or
    Annual report.
  • Identify the Company's current liabilities for
    the past two years?
  • Compare the current portion of long-term debt
    for the past two years?

35
ACC 422 Week 5 Team Assignment Problem 13-7,
13-11, CA 13-3, CA 14-1, CA 14-4, CA 21-4
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  • Complete the following individually and discuss
    your individual answers as a team
  • Problem 13-7, p. 700
  • Problem 13-11, p. 701
  • CA 13-3, p. 703
  • CA 14-1, p. 763
  • CA 14-4, p. 765
  • CA 21-4, p. 1252

36
ACC 422 help A Guide to career/newtonhelp.com
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