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ACC 205 Competitive Success/tutorialrank.com
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ACC 205 Competitive Success/tutorialrank.com
ACC 205 Week 1 Assignment Student Guidance
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Times, RatingB   Exercises 2.        Basic
computations. The following selected balances
were extracted from the accounting records of
Rossi Enterprises on December 31, 20X3
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ACC 205 Week 1 Chapter 1,2 Quiz and Video
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RatingB   ACC 205 Week 1 Chapter 1,2 Quiz and
Video Quiz     1. In accounting the concept of
materiality refers to ________________.       Ques
tion 2. 2. Typically accounting transactions are
recorded and reported at _______________. Question
3. 3. The accounting equation is
____________________________. 
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ACC 205 Week 1 DQ 1 Accounting Equation
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Times, Rating No rating   As you have learned in
this weeks readings the Accounting Equation is
Owners Equity.  Is the accounting equation true
in all instances?  Provide sample transactions
from your own experiences to demonstrate the
validity of the Accounting Equation.  Guided
Response
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ACC 205 Week 1 DQ 2 Accounts (New)  For more
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al Purchased 1 Times, Rating B   What does the
term account mean?  What are the different
classifications of accounts?  How do the rules
for Debits and Credits impact accounts?  Please
provide an example of how debits and credits
impact accounts.Guided Response 
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ACC 205 Week 1 Journal Balance Sheet Journal
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Times, Rating A   The Balance Sheet is a
financial snap shot of a company at  a particular
point in time.  The Balance Sheet lists the
assets, liabilities, and equity of the company. 
Reflect on your personal financial situation, can
you apply the concepts of the Balance Sheet? 
What did you learn from this reflection?
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ACC 205 Week 2 Assignment Student Guidance
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Times, RatingB   Exercise 4 4. Accounting for
prepaid expenses and unearned revenues.
Hawaii-Blue began business on January 1 of the
current year and offers deep-sea fishing trips to
tourists. Tourists pay 125 in advance for an
all-day outing off
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ACC 205 Week 2 Chapter 3,4 Quiz and Video
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RatingB   ACC 205 Week 2 Chapter 3,4 Quiz and
Video Quiz     1. The accrual basis of accounting
means_______________________.       Question 2.
2. Under accrual basis accounting revenue is not
recognized until _________________.           Ques
tion 3. 3. The matching principle states
______________________________.         
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ACC 205 Week 2 DQ 1 Accounting Cycle (New)  For
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utorial Purchased 2 Times, Rating B   Financial
statements are a product of the accounting
cycle.  Think about two different companies, one
a manufacturing company, the other a retail
company.  Why would different companies have
different accounting cycles?  Would you expect
the steps of th
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ACC 205 Week 2 DQ 2 Bank Reconciliation
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Times, Rating No rating   What is the purpose of
a bank reconciliation?  What are the reasons
there are differences between the cash reported
in the accounting records and the cash balance in
the bank statements?
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ACC 205 Week 2 Journal Income Statement Journal
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Times, Rating B   The Income Statement measures
the income and expenses of a company over a
specific period of time.  Reflecting on your
personal financial statement for
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ACC 205 Week 3 Assignment Student Guidance
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Times, RatingB   Chapter 5, Exercise
1 Inventory errors and income measurement. The
income statements of Keagle Company for 20X3 and
20X4 follow.
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ACC 205 Week 3 Chapter 5,6 Quiz and Video
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RatingB   ACC 205 Week 3 Chapter 5,6 Quiz and
Video Quiz     1. Gross Profit is
___________________.       Question 2. 2. All of
the following are considered part of inventory
cost except__________.        Question 3. 3. In a
period of rising raw material costs the inventory
cost flow assumption that will provide the firm
with the highest net income would be
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ACC 205 Week 3 DQ 1 LIFO vs. FIFO (New)  For more
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al Purchased 0 Times, Rating No rating   The
controller of Sagehen Enterprises believes that
the company should switch from the LIFO method to
the FIFO method.  The controllers bonus is based
on the next income.  It is the controllers
belief that the switch in inventory methods would
increase the net income of the company.  What are
the differences between the LIFO and FIFO
methods? 
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ACC 205 Week 3 DQ 2 Depreciation (New)  For more
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al Purchased 3Times, Rating A 1. Specific
identification method. Boston Galleries uses the
specific identification method for inventory
valuation. Inventory information for several
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ACC 205 Week 3 Journal Inventory Journal
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Times, Rating B   Reflect for a moment on the
LIFO (Last in First Out) and FIFO (First in First
Out) inventory methods. If you were starting a
small manufacturing company, what inventory
method do you believe would provide the most
accurate financial statements? Why do you believe
this is the case?
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ACC 205 Week 4 Assignment Student Guidance
Report For more course tutorials
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Times, RatingB   Chapter 7 Exercise 2 and
4 2.         Accrued liability current portion
of long-term debt. On July 1, 20X1, Hall Company
borrowed 225,000 via a long-term loan. Terms of
the loan require that Hall pay interest and
75,000 of principal on July 1, 20X2, 20X3, and
20X4. The unpaid balance of the l
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ACC 205 Week 4 Chapter 7,8 Quiz and Video
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RatingB   ACC 205 Week 4 Chapter 7,8 Quiz and
Video Quiz   1. Current Liabilities are
_____________________________. (Points
1)   Question 2. 2. The Unearned Revenue account
is used to record ____________________. (Points
1)  
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ACC 205 Week 4 DQ 1 Current Liability (New)  For
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rating   What is a current liability?  From a
user of financial statements perspective why do
you believe current liabilities are separated
from long-term liabilities?  Based on your
current experience and any additional research
you may have done provide two examples of s
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ACC 205 Week 4 DQ 2 Client Recommendations
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Times, RatingB   A client comes to you thinking
about starting a consulting business. 
Specifically your client is interested in what
type of entity should be created for this new
business.  Based on your readings or any
additional research you may have done, discuss
the advantages an
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ACC 205 Week 4 Journal Future Obligations Journal
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Times, Rating A   The current liability section
of the balance sheet lists the liabilities that
are due within the next 12 months.  Reflecting on
your current financial
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  ACC 205 Week 5 Assignment Student Guidance
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Times, RatingB   Chapter 9 Exercise 3 Liquidity
ratios. Edison, Stagg, and Thornton have the
following financial information at the close of
business on July 10
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ACC 205 Week 5 Chapter 9 Quiz and Video Quiz For
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utorial Purchased 2 Times, RatingB   ACC 205
Week 5 Chapter 9 Quiz and Video Quiz     Question
1. 1. Common-size financial statements
means___________________.    Question 2. 2.
Vertical analysis of a financial statement
involves_______________.    Question 3. 3.
Horizontal analysis of a f
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ACC 205 Week 5 DQ 1 (New)  For more course
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Week 5 DQ 1 
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ACC 205 Week 5 DQ 2 (New)  ourse tutorials
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Times, Rating Norating   ACC 205 Week 5 DQ 2
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ACC 205 Week 5 Final Paper Paper (Boeing General
Electric Lowes Home) (3 Papers)  For more course
tutorials visit www.tutorialrank.com Tutorial
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contains 3 Papers Paper 1 Boeing Paper 2
General Electric Paper 3 Lowes Home  
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ACC 205 Week 5 Final Paper Paper (Microsoft
StarBucks) (2 Papers)  For more course tutorials
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Times, RatingB   This Tutorial contains 2
Papers Paper 1 Microsoft Paper 2
StarBucks   Final Paper
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ACC 205 Week 5 Final Paper Paper (Walmart,
Qualcomm) (2 Papers)  For more course tutorials
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Times, RatingB   This Tutorial contains 2
Papers Paper 1 Walmart Paper 2 Qualcomm Final
PaperFocus of the Final Paper
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ACC 205 Week 5 Journal Most Important Ratio
Journal (New)  For more course tutorials
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Times, RatingB   Most Important Ratio
Journal Reflect for a moment on the ratios
(working capital, current ratio, quick ratio,
debt to asset, debt to equity, times interest
earned, gross margin and net margin) presented
this week.  If you were considering investing in
a company what ratio would be the most impor
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