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For more course tutorials visit www.newtonhelp.com ACCT 216 Week 1 Homework (v 2) ACCT 216 Week 2 Homework ACCT 216 Week 3 Homework ACCT 216 Week 4 Homework – PowerPoint PPT presentation

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Title: ACCT 216 Redefine the Possible/newtonhelp.com  


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ACCT 216 Redefine the Possible/newtonhelp.com  
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ACCT 216 Redefine the Possible/newtonhelp.com  
  • ACCT 216 All homework
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ACCT 216 Week 1 Homework (v 2)
  • ACCT 216 Week 2 Homework
  • ACCT 216 Week 3 Homework
  • ACCT 216 Week 4 Homework

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ACCT 216 Redefine the Possible/newtonhelp.com  
  • ACCT 216 Week 1 Homework (v 2)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • 1.Please write a four-to-six sentence paragraph
    on the following question. Good business and
    accounting practices require the exercise of good
    judgment.
  • How should ethics be incorporated into making
    accounting judgments? Why is ethics important?

4
ACCT 216 Redefine the Possible/newtonhelp.com  
  • ACCT 216 Week 2 Homework
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • 1. Please write a 4-6 sentence paragraph on the
    following question. Describe each of the 4 basic
    financial statements. What is the relationship
    between them?
  • 2. During the first month of operations (March
    2011) Jerry Enterprises completed the following
    selected transactions

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ACCT 216 Redefine the Possible/newtonhelp.com  
  • ACCT 216 Week 3 Homework
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ACCT216
  • Week 3 Homework
  • 1.Classify the following items as (a) an addition
    to the bank balance, (b) a subtraction from the
    bank balance, (c) an addition to the book
    balance, or (d) a subtraction from the book
    balance

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ACCT 216 Redefine the Possible/newtonhelp.com  
  • ACCT 216 Week 4 Homework
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Homework scenario
  • Suppose Robotics, Inc.s inventory records for a
    particular item indicated the following
    transactions in September
  • September 1

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ACCT 216 Redefine the Possible/newtonhelp.com  
  • ACCT 216 Week 5 Homework A
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Suppose the Atlanta Falcons purchased a new set
    of goal posts for 20,000 each. The Falcons
    expect the goal posts to have a useful life of
    five years and a salvage value of 1,000 each
    when they sell them to a local high school.

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ACCT 216 Redefine the Possible/newtonhelp.com  
  • ACCT 216 Week 5 Homework B
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Suppose the Colorado Avalanche purchased a new
    Zamboni machine to scrape the ice off the rink
    between periods. The Zamboni cost 100,000 and
    has a useful life of three years and a residual
    value of 5,000 when it is sold to a minor league
    hockey team.

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ACCT 216 Redefine the Possible/newtonhelp.com  
  • ACCT 216 Week 6 Homework A
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • During August 2013, DB Inc. completed the
    following transactions
  • a.8/1/13 Purchased a new piece of equipment for
    50,000 signing a 6 month, 8 note payable.
  • b.8/10/13 Issued 15,000 shares of 2.00 par
    stock at 8.00 per share.

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ACCT 216 Redefine the Possible/newtonhelp.com  
  • ACCT 216 Week 6 Homework B
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • During March 2013, JZ Inc. completed the
    following transactions
  • a.3/1/13 Purchased a new piece of equipment for
    75,000 signing a 6 month, 7 note payable.
  • b.3/10/13 Issued 10,000 shares of 2.00 par
    stock at 9.00 per share.

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ACCT 216 Redefine the Possible/newtonhelp.com  
  • ACCT 216 Week 7 Homework A
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  1. Please write a 4-6 sentence paragraph on the
    following questions.
  • a.What is the difference between an exempt and
    non-exempt employee?
  • b.How would you decide whether to hire someone as
    an employee or independent contractor?

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ACCT 216 Redefine the Possible/newtonhelp.com  
  • ACCT 216 Week 7 Homework B
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • 1. Please write a 4-6 sentence paragraph on the
    following questions.
  • a.Describe the three federal filing requirements
    for a company at the end of the year.
  • b.What is the difference between Form 940 and
    Form 941?

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ACCT 216 Redefine the Possible/newtonhelp.com  
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