ACC 306 Effective Communication/tutorialrank.com

1
ACC 306 Effective Communication/ tutorialrank.com
2
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Entire Course (New) For more course
tutorials visit www.tutorialrank.com ACC 306 Week
1 Assignment E13-21, E13-22, P12-1, P12-7,P12-10,
P12-14, P13-6 ACC 306 Week 1 Quiz ACC 306 Week 1
DQ 1 Equity Method ACC 306 Week 1 DQ 1 Accounting
Pronouncements   ACC 306 Week 1 DQ 2 Judgment
Case 13-9
3
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 1 Assignment E13-21, E13-22, P12-1,
P12-7,P12-10, P12-14, P13-6 For more course
tutorials visit www.tutorialrank.com ACC 306 Week
1 Assignment E13-21, E13-22, P12-1, P12-7,P12-10,
P12-14, P13-6
4
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 1 DQ 1 Accounting Pronouncements
For more course tutorials visit www.tutorialrank.
com Accounting Pronouncements. The Financial
Accounting Standards Board has issued accounting
pronouncements that affect how accounting
transactions should be treated. These
pronouncements may affect all companies or just
specific industries, but no pronouncements have
been issued that affect social media
5
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 1 DQ 1 Equity Method For more
course tutorials visit www.tutorialrank.com P
1213 -  Miller Properties - Equity method ? LO5
LO6 On January 2, 2011, Miller Properties paid
19 million for 1 million shares of Marlon
Companys 6 million outstanding common shares.
Millers CEO became a member of Marlons board of
directors during the first quarter of 2011.
6
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 1 DQ 2 Judgment Case 13-9 For more
course tutorials visit www.tutorialrank.com Judgme
nt Case 139 - Valleck Corporation - Loss
contingency and full disclosure ? LO5 LO6 In the
March 2012 meeting of Valleck Corporations board
of directors, a question arose as to the way a
7
ACC 306 Effective Communication/ tutorialrank.com
Acc 306 Week 1 Homework (Be 13-1, Be 13-4, E
13-2, E 13-10, Be 13-7, P 13-8, Be14-8, Be14-12,
E14-5, E14-19, P14-3, P14-4) For more course
tutorials visit www.tutorialrank.com BE 13-1 BE
13-4 E 13-2
8
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 1 Quiz (2 Set) For more course
tutorials visit www.tutorialrank.com QUESTION
1 On January 1, 2015, Watson Corp. issued
900,000 par value, 8, three-year bonds when the
market rate of interest was 8. Interest is
payable semiannually each June 30 and December
31. Watson incurred bond issue costs of 29,000.
Under IFRS, what is the journal entry when Watson
issued the bonds? (Record debits first,
9
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 1 Quiz For more course tutorials
visit www.tutorialrank.com Question 1  Which of
the following may create employer liabilities in
connection with their payrolls? Question 2 
Current liabilities are normally recorded at the
amount expected to be paid rather than at their
present value. This practice can be supported by
GAAP according to the concept of Question 3 
The investment category for which the investor's
"positive intent and ability to hold" is
important is
10
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 2 Assignment E 14-16, E 14-18, E
15-25, P14-21, P15-3 For more course tutorials
visit www.tutorialrank.com ACC 306 Week 2
Assignment E 14-16, E 14-18, E 15-25, P14-21,
P15-3
11
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 2 DQ 1 Ethics Case 14-8 Hunt
Manufacturing Debt for equity swaps For more
course tutorials visit www.tutorialrank.com Ethics
Case 148 - Hunt Manufacturing - Debt for equity
swaps have your cake and eat it too ? LO5 The
cloudy afternoon mirrored the mood of the
conference of
12
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 2 DQ 2 Ethics Case 15-4 Leasehold
Improvements For more course tutorials
visit www.tutorialrank.com American Movieplex, a
large movie theater chain, leases most of its
theater facilities. In conjunction with recent
operating leases, the company spent 28 million
for seats and carpeting. The question being
discussed over break- fast on Wednesday morning
was the length of the depreciation period for
these leasehold improvements. The com- pany
controller, Sarah Keene, was surprised by the s
13
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 2 Homework (BE 15-12, E 15-5, E
15-19, P15-3, P15-4, BE 16-6, BE 16-12, E 16-5, P
16-5, P 16-6) For more course tutorials
visit www.tutorialrank.com BE 15-12 E 15-5 E 15-19
14
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 2 Quiz (2 Set) For more course
tutorials visit www.tutorialrank.com QUESTION
1 ITG Corporation issued 410,000 shares of 6 par
value stock. The book value of ITG's common
stockholders' equity is equal to 123 million.
ITG implements a two-for-one stock split. What is
the total number of shares
15
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 2 Quiz For more course tutorials
visit www.tutorialrank.com Question 1  The
method used to pay interest depends on whether
the bonds are Question 2  Bond X and bond Y are
both issued by the same company. Each of the
bonds has a maturity value of 100,000 and each
matures in 10 years. Bond X pays 8 interest
while bond Y pays 9 interest. The
16
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 3 Assignment E 16-24, E 16-25, E
17-10, E 17-19, P 16-7, P 17-16 For more course
tutorials visit www.tutorialrank.com ACC 306 Week
3 Assignment E 16-24, E 16-25, E 17-10, E 17-19,
P 16-7, P 17-16
17
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 3 Ethics Case 17-6 401(k) plan
contributions For more course tutorials
visit www.tutorialrank.com Ethics Case 176 - VXI
International - 401(k) plan contributions ?
LO1 You are in your third year as internal
auditor with VXI International, manufacturer of
parts and supplies for jet air- craft. VXI began
a defined contribution pension plan three years
ago. The plan is a so-called 401(k) plan
18
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 3 Homework (BE 17-17, BE 17-22,
E17-17, E17-21, P17-1, P17-6, BE18-5, BE18-6,
E18-4, E18-10, P18-2, P18-6) For more course
tutorials visit www.tutorialrank.com BE
17-17   BE 17-22
19
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 3 Integrating Case 16-5 accounting
changes and error correction For more course
tutorials visit www.tutorialrank.com Integrating
Case 165 - Williams-Santana, Inc. - Tax effects
of accounting changes and error correction six
situations ? LO1 LO2 LO8 Williams-Santana, Inc.
is a manufacturer of high-tech industrial parts
that was started in 1997 by two talented
20
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 3 Quiz New For more course
tutorials visit www.tutorialrank.com QUESTION
1   On January 1, 2015, Dillon Manufacturing
leased another piece of machinery for use in its
North American operations from Evans Bank. The
nine-year, non-cancellable lease requires annual
lease payments of 16,000, beginning January
1,  2015, and at each December 31 thereafter
through 2022. 
21
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 3 Quiz For more course tutorials
visit www.tutorialrank.com Question 1  If a
company's deferred tax asset is not reduced by a
valuation allowance, the company believes it is
more likely than not that Question 2  Which of
the following statements typifies defined
contribution plans? Question 3  The annual
pension expense for what type of pension plan(s)
is recorded by a journal entry that includes a
debit to pension expense and a credit to the
pension asset or pension liability?
22
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 4 Assignment E 18-18, E 18-24, E
19-2, E 19-5, E 19-9, E 19-24, P 18-5 For more
course tutorials visit www.tutorialrank.com ACC
306 Week 4 Assignment E 18-18, E 18-24, E 19-2, E
19-5, E 19-9, E 19-24, P 18-5
23
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 4 Communication Case 18-10 For
more course tutorials visit www.tutorialrank.com C
ommunication Case 1810 Should the present
two-category distinction between liabilities and
equity be retained? Group interaction. ? LO1 The
current conceptual distinction between
liabilities and equity defines liabilities
independently of assets and equity,
24
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 4 Ethics Case 19-7 International
Network Solutions For more course tutorials
visit www.tutorialrank.com Ethics Case 197
International Network Solutions ?
LO6 International Network Solutions provides
products and services related to remote access
networking. The company has grown rapidly during
its first 10 years of operations. As its segment
of the industry has begun to mature, though, the
fast growth of previous years has begun to slow.
In fact, this year revenues and profits are
roughly the same as last year.
25
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 4 Homework (BE 19-3, BE 19-11, BE
19-5, E19-6, P19-2, P19-5, BE20-5, BE20-9, E20-9,
E 20-11, P20-1, P20-3) For more course
tutorials visit www.tutorialrank.com BE 19-3 BE
19-11 BE 19-5 E19-6
26
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 4 Quiz New For more course
tutorials visit www.tutorialrank.com QUESTION
1 On January 1, Year 1, Sweeney Company granted
an employee options to purchase 100 shares of
Sweeney's common stock at 40 per share. The
options became exercisable on December 31, Year
1, after the employee had completed one year of
service, and were exercised on that date. Market
prices of the stock and fair values of the
options were as follows
27
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 4 Quiz For more course tutorials
visit www.tutorialrank.com Question 1  Which of
the following will require a recalculation of
weighted-average shares outstanding for all years
presented? Question 2  Which of the following
statements is true when dividends are not
declared or paid on cumulative preferred
28
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 5 Analysis Case 20-10 For more
course tutorials visit www.tutorialrank.com Analys
is Case 2010 - DRS Corporation - Various changes
? LO1 through LO4 DRS Corporation changed the way
it depreciates its computers from the
sum-of-the-years-digits method to the
straight-line method beginning January 1, 2011.
DRS also changed its estimated residual value
used in computing depreciation for its office
building. At the end of 2011, DRS changed the
specific subsidiaries
29
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 5 Assignment E 20-18, P 21-11, P
21-14 For more course tutorials
visit www.tutorialrank.com ACC 306 Week 5
Assignment E 20-18, P 21-11, P 21-14
30
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 5 Ethics Case 20-5 Softening the
blow For more course tutorials
visit www.tutorialrank.com Late one Thursday
afternoon, Joy Martin, a veteran audit manager
with a regional CPA firm, was reviewing documents
for a long-time client of the firm, AMT
Transport. The year-end audit was scheduled to
begin Monday. For three months, the economy had
been in a down cycle and the transportation
industry was particularly hard hit. As a result,
Joy expected AMTs financial results would not be
pleasant news to shareholders. However,
31
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 5 Ethics Case 21-7 For more course
tutorials visit www.tutorialrank.com After
graduating near the top of his class, Ben Naegle
was hired by the local office of a Big 4 CPA firm
in his hometown. Two years later, impressed with
his technical skills and experience, Park
Electronics, a large regional consumer
electronics chain, hired Ben as assistant
controller. This was last week. Now Bens initial
32
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 5 Final Lease Paper (2 Papers) For
more course tutorials visit www.tutorialrank.com T
his Tutorial contains 2 Papers of this
Assignment   ACC 306 Week 5 Final Paper
(Lease)   What is a lease and how is it used as a
financing vehicle? How are leases accounted for
within the firms
33
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 5 Homework (BE 21-7, BE 21-10, E
21-2, E 21-2, P21-1, BE 22-6, E 22-1) For more
course tutorials visit www.tutorialrank.com BE
21-7 BE 21-10 E 21-2 E 21-2 P21-1
34
ACC 306 Effective Communication/ tutorialrank.com
ACC 306 Week 5 Quiz (2 Set) For more course
tutorials visit www.tutorialrank.com   QUESTION
1 On August 31 of the current year, Harvey Co.
decided to change from the FIFO periodic
inventory system to the weighted-average periodic
inventory system. Harvey uses U.S. 
35
ACC 306 Effective Communication/ tutorialrank.com