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ACC 422 Endless Education /newtonhelp.com

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For more course tutorials visit www.newtonhelp.com 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 – PowerPoint PPT presentation

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Title: ACC 422 Endless Education /newtonhelp.com


1
ACC 422 Endless Education/newtonhelp.com
2
ACC 422 Final Exam Guide (New 2018, With EXCEL
FILE, Score 29/30)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  
  • 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
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • 1. Kraft Enterprises owns the following assets at 
    December 31, 2012.
  •  Cash in banksavings account
  • 67,516
  •  Checking account balance
  • 26,445
  •  Cash on hand
  • 9,478
  •  Postdated checks
  • 753 
  • Cash refund due from IRS
  • 40,324 

4
ACC 422 Final Exam Guide 2
  • For more course tutorials visit
  • www.newtonhelp.com
  •  SET 2
  •  1) Which of the following is considered cash?
  • 2) Bank overdrafts, if material, should be
  • 3) Which of the following is NOT considered cash
    for financial reporting purposes?
  • 4) If a company employs the gross method of
    recording accounts receivable from customers,
    then sales discounts

5
ACC 422 Final Exam Guide 3
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • 1) Which of the following is NOT considered cash
    for financial reporting purposes?
  • 2) What is the preferable presentation of
    accounts receivable from officers, employees, or
    affiliated companies on a balance sheet?

6
ACC 422 Final Exam Guide All 3 Sets
  • For more course tutorials visit
  • www.newtonhelp.com
  • 1. Kraft Enterprises owns the following assets at
    December 31, 2012.
  • Cash in banksavings account 67,516 Checking
    account balance 26,445
  • Cash on hand 9,478 Postdated checks 753

7
ACC 422 Week 1 DQ 1
  • For more course tutorials visit
  • www.newtonhelp.com
  •  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.
  • How would a misstatement in each affect the
    organization?
  •  

8
ACC 422 Week 1 DQ 2
  • For more course tutorials visit
  • www.newtonhelp.com
  •  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 choose one method over the
    other method?
  • Which is the best method? Why?
  •  

9
ACC 422 Week 1 DQ 3
  • For more course tutorials visit
  • www.newtonhelp.com
  •   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?
  • Should all companies have bad debt? Explain your
    answer.
  •  
  •  

10
ACC 422 Week 1 Individual Assignment Disclosure
Analysis Paper (2 Papers)
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •  
  • Select a publicly held company to use as the
    basis for this assignment.
  •  
  • Research your selected company and acquire the
    companys most recent financial statements using
    the Internet.
  •  
  •  

11
ACC 422 Week 1 Team Assignment Audited Financial
Statements (Nordstrom Inc.)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  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.
  •  

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)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • 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
  • For more course tutorials visit
  • www.newtonhelp.com
  •  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?

14
ACC 422 Week 2 DQ 2
  • For more course tutorials visit
  • www.newtonhelp.com
  •  Week 2 DQ 2
  • What are the criteria for capitalization of fixed
    assets?
  • What items are included in the cost of a fixed
    asset?
  •  

15
ACC 422 Week 2 DQ 3
  • For more course tutorials visit
  • www.newtonhelp.com
  •  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?
  •  

16
ACC 422 Week 2 Learning Team Assignment (New
Syllabus)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  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 (with Excel File)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • 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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  • www.newtonhelp.com
  •  
  • Week 3 DQ 1
  • What is the purpose of depreciation?
  •  

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

20
ACC 422 Week 3 DQ 3
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  • www.newtonhelp.com
  •  
  • Week 3 DQ 3
  • What is an intangible asset?

21
ACC 422 Week 3 DQ 4
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  • www.newtonhelp.com
  •  
  •  
  • ACC 422 Week 3 DQ 4

22
ACC 422 Week 3 Team Assignment (Case 3, CA 8-10,
Problem 9-3, Problem 9-13)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  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 (with Excel File)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  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
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Week 4 DQ 1
  • What are the criteria for classifying an item as
    a current liability?
  • What are some examples of current liabilities?

25
ACC 422 Week 4 DQ 2
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Week 4 DQ 2
  • What is a contingency?

26
ACC 422 Week 4 DQ 3
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • 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
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • 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 Excel File)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Complete the following assignments in WileyPLUS
  • Exercise 13-2 (Part Level Submission)
  • Exercise 13-7 (Part Level Submission)
  • Exercise 13-16

29
ACC 422 Week 5 DQ 1
  • For more course tutorials visit
  • www.newtonhelp.com
  •  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
  • For more course tutorials visit
  • www.newtonhelp.com
  •  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
  • For more course tutorials visit
  • www.newtonhelp.com
  •  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
  • For more course tutorials visit
  • www.newtonhelp.com 
  • 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
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • 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)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  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
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  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
  •  

36
ACC 422 Endless Education/newtonhelp.com
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