ACC 537 Competitive Success--snaptutorial.com - PowerPoint PPT Presentation

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ACC 537 Competitive Success--snaptutorial.com

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Attached are the T-Account, Income statement, and balance sheet. Requirements 1. Prepare the statement of cash flows of Percy Electric Company for the year ended December 31, 2016, using the direct method to report operating activities. Also prepare the accompanying schedule of noncash investing and financing activities. 2. Use Percy Electric’s 2016 income statement and information from its selected balance sheet data to prepare a supplementary schedule of cash flows from operating activities by using the indirect method. – PowerPoint PPT presentation

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Title: ACC 537 Competitive Success--snaptutorial.com


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ACC 537 Competitive Success/snaptutorial.com
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ACC 537 Competitive Success/snaptutorial.com
ACC 537 Homework Assignment (Percy Electric
Company) For more classes visit www.snaptutorial
.com   Attached are the T-Account, Income
statement, and balance sheet.   Requirements 1.
Prepare the statement of cash flows of Percy
Electric Company for the year ended December 31,
2016, using the direct method to report operating
activities. Also prepare the accompanying
schedule of noncash investing and financing
activities. 2. Use Percy Electrics 2016 income
statement and information from its selected
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ACC 537 Competitive Success/snaptutorial.com
ACC 537 Week 1 Assignment (E2-39 and P3-59A)
For more classes visit www.snaptutorial.com   E2-
39   Barbara Miracle, Certified Public
Accountant, operates as a professional
corporation (PC). The business completed these
transactions during the first part of August
2016  Aug 2 Received 10,000 cash from Miracle,
and issued common stock to her. 
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ACC 537 Competitive Success/snaptutorial.com
ACC 537 Week 2 Assignment (Calder Company) For
more classes visit www.snaptutorial.com   Calder
Companys inventory records for the most recent
year contain the following data Beginning
inventory Quantity 10,000 Beginning inventory
Unit Cost 12.00
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ACC 537 Competitive Success/snaptutorial.com
ACC 537 Week 2 Assignment E5-22A, P6-64A For
more classes visit www.snaptutorial.com   LO 4
E5-22A. (Leaning Objective 4 Apply GAAP to
uncollectible receivables) At December 31
,2016,before any year-end adjustment, the
accounts receivable balance of Turf Trimmers,
Inc.., is 350,000. The Allowance for doubtful
accounts has an 18,700 credit balance. Tuft
trimmers prepares the following aging schedule
for accounts Receivable
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ACC 537 Competitive Success/snaptutorial.com
ACC 537 Week 3 Homework (UOP Pizza) For more
classes visit www.snaptutorial.com   UOP Pizza
bought a used Chevy delivery van on January 2,
2016 for 22,800. The van was expected to remain
in service for four years (48,750 miles). At the
end of its useful life, UOP officials estimated
that the van's residual value would be 2,500.
The van traveled 15,000 miles the first year,
17,000 miles the second year, 12,500 miles the
third year, and 4,250 miles in the fourth year.
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ACC 537 Competitive Success/snaptutorial.com
ACC 537 Week 4 Apollo Corporation For more
classes visit www.snaptutorial.com   Apollo
Corporation issued 560,000 of 7, 12-year bonds
payable on March 31, 2016. The market interest
rate at the date of issuance was 10, and the
Apollo Corporation bonds pay interest
semiannually. Apollo Corporation's year-end is
March 31.
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ACC 537 Competitive Success/snaptutorial.com
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