ACC 306 Think Big/newtonhelp.com

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ACC 306 Think Big/newtonhelp
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ACC 306 Think Big/newtonhelp

• ACC 306 Entire Course (New)
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• www.newtonhelp.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
•  

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 1 Assignment E13-21, E13-22, P12-1,
  P12-7,P12-10, P12-14, P13-6 (Ash Course)
• For more course tutorials visit
• www.newtonhelp.com
•  
• ACC 306 Week 1 Assignment E13-21, E13-22, P12-1,
  P12-7,P12-10, P12-14, P13-6

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 1 DQ 1 Accounting Pronouncements
• For more course tutorials visit
• www.newtonhelp.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,

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 1 DQ 1 Equity Method (Ash Course)
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• www.newtonhelp.com 
•  
• P 1213 -  Miller Properties - Equity method ? LO5
   LO6
• On January 2, 2011, Miller Properties paid 19 mil
  lion for 1 million shares of Marlon Companys 6 mi
  llion outstanding common shares. Millers CEO beca
  me a member of Marlons board of directors during 
  the first quarter of 2011.

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 1 DQ 2 Judgment Case 13-9 (Ash
  Course)
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• ACC 306 Week 1 DQ2 Judgment Case 13-9 
• Judgment Case 139 - Valleck Corporation - Loss co
  ntingency and full disclosure ? LO5 LO6
• In the March 2012 meeting of Valleck Corporations
   board of directors,  

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ACC 306 Think Big/newtonhelp

• 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)
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• BE 13-1
• BE 13-4
• E 13-2
• E 13-10

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 1 Quiz (2 Set)
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• 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,

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 1 Quiz
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• 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

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 2 Assignment E 14-16, E 14-18, E
  15-25, P14-21, P15-3
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• ACC 306 Week 2 Assignment E 14-16, E 14-18, E
  15-25, P14-21, P15-3

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 2 DQ 1 Ethics Case 14-8 Hunt
  Manufacturing Debt for equity swaps
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• 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 division managers. Claude Meyer,
  assistant to the controller for Hunt
  Manufacturing,

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 2 DQ 2 Ethics Case 15-4 Leasehold
  Improvements
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• Ethics Case 154 - American Movieplex - Leasehold
  improvements ? LO3 
• 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.

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ACC 306 Think Big/newtonhelp

• 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)
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•  
• BE 15-12
• E 15-5
• E 15-19
• P15-3

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 2 Quiz (2 Set)
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•   
• WEEK 2 QUIZ
• 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 outstanding after the
  stock split?

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 2 Quiz
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• 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.

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 3 Assignment E 16-24, E 16-25, E
  17-10, E 17-19, P 16-7, P 17-16 (Ash Course)
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• ACC 306 Week 3 Assignment E 16-24, E 16-25, E
  17-10, E 17-19, P 16-7, P 17-16

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 3 Ethics Case 17-6 401(k) plan
  contributions
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• 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 (named after the
  Tax Code section that specifies the conditions
  for the favorable tax treatment of these plans)

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ACC 306 Think Big/newtonhelp

• 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
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• BE 17-17
• BE 17-22
•  E17-17
•  E17-21
•  
•  

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 3 Integrating Case 16-5 accounting
  changes and error correction
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•  
•  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 engineers with little
  business training.

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 3 Quiz New
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• 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,

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 3 Quiz
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•  
•  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?
•  

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ACC 306 Think Big/newtonhelp

• 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 (Ash
  Course)
• For more course tutorials visit
• www.newtonhelp.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

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 4 Communication Case 18-10 (Ash
  Course)
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•  Communication 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, with equity
  defined as a residual amount.

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 4 Ethics Case 19-7 International
  Network Solutions
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• 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,

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ACC 306 Think Big/newtonhelp

• 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
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•  
• BE 19-3
• BE 19-11
• BE 19-5
• E19-6

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 4 Quiz New
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• 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.

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 4 Quiz
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•  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 stock?
•  Question 3 When treasury shares are sold at a
  price above cost

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 5 Analysis Case 20-10 (Ash Course)
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•  Analysis 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,

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 5 Assignment E 20-18, P 21-11, P
  21-14 (Ash Course)
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• ACC 306 Week 5 Assignment E 20-18, P 21-11, P
  21-14

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 5 Ethics Case 20-5 Softening the
  blow
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•  
• Ethics Case 205 Softening the blow ? LO1 LO2 LO3
• 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.
•  

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 5 Ethics Case 21-7
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•  Ethics Case 217 - Ben Naegle - Wheres the
  cash? ? LO1 LO3
•  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.

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 5 Final Lease Paper (2 Papers)
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• This 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 financial reports? What is the difference
  between a capital lease and an operating lease?

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ACC 306 Think Big/newtonhelp

• 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)
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•  
•  BE 21-7
• BE 21-10
• E 21-2
• E 21-2

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ACC 306 Think Big/newtonhelp

• ACC 306 Week 5 Quiz (2 Set)
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•  
• 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.

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ACC 306 Think Big/newtonhelp