ACC 537 Expect Success/newtonhelp.com - PowerPoint PPT Presentation

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ACC 537 Expect Success/newtonhelp.com

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

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Title: ACC 537 Expect Success/newtonhelp.com


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ACC 537 Expect Success/newtonhelp.com
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ACC 537 Expect Success/newtonhelp.com
  • ACC 537 Homework Assignment (Percy Electric
    Company)
  • For more course tutorials visit
  • www.newtonhelp.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.

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ACC 537 Expect Success/newtonhelp.com
  • ACC 537 Week 1 Assignment (E2-39 and P3-59A)
  • For more course tutorials visit
  • www.newtonhelp.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.
  • 2 Paid monthly office rent, 600.

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ACC 537 Expect Success/newtonhelp.com
  • ACC 537 Week 2 Assignment (Calder Company)
  • For more course tutorials visit
  • www.newtonhelp.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
  • Purchases during year Quantity 30,000

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ACC 537 Expect Success/newtonhelp.com
  • ACC 537 Week 2 Assignment E5-22A, P6-64A
  • For more course tutorials visit
  • www.newtonhelp.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
  • Requirement

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ACC 537 Expect Success/newtonhelp.com
  • ACC 537 Week 4 Apollo Corporation
  • For more course tutorials visit
  • www.newtonhelp.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.
  • Calculate the issue price of the bonds using the
    PV function in Microsoft Excel.

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ACC 537 Expect Success/newtonhelp.com
  • ACC 537 Week 3 Homework (UOP Pizza)
  • For more course tutorials visit
  • www.newtonhelp.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 Expect Success/newtonhelp.com
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