Title: ACC 205 Education Specialist / snaptutorial.com
1 ACC 205 Education Specialist/ snaptutorial.com
2ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 1 Assignment Student Guidance
Report For more classes visit www.snaptutorial.c
om Exercises 2. Basic computations. The
following selected balances were extracted from
the accounting records of Rossi Enterprises on
December 31, 20X3
3ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 1 DQ 1 Accounting Equation For
more classes visit www.snaptutorial.com 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.
4ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 1 DQ 2 Accounts For more classes
visit www.snaptutorial.com 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 Analyze
several of your peers postings. Let at least
two of
5ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 1 Journal Balance Sheet For more
classes visit www.snaptutorial.com Balance
Sheet JournaThe 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
6ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 2 Assignment Student Guidance
Report For more classes visit www.snaptutorial.c
om 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 the coast of Maui. The company
collected monies
7ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 2 Chapter 3 4 Quiz and Video
Quiz For more classes visit www.snaptutorial.com
ACC 205 Week 2 Chapter 3,4 Quiz and Video
Quiz 1. The accrual basis of accounting
means_______________________.
8ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 2 DQ 1 Accounting Cycle For more
classes visit www.snaptutorial.com 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 the accounting cycle to be the same
for each company? Why or why not?
9ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 2 DQ 1 Accounting Cycle For more
classes visit www.snaptutorial.com 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 the accounting cycle to be the same
for each company? Why or why not?
10ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 2 DQ 2 Bank Reconciliation For
more classes visit www.snaptutorial.com 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?Analyze
several of your peers postings. Let at least
two of your peers know what happens to the
discrepancies between the book balance and the
bank balance. Could
11ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 2 Journal Income Statement For
more classes visit www.snaptutorial.com The
Income Statement measures the income and expenses
of a company over a specific period of time.
Reflecting on your personal financial statement
for the past month, can you apply the principles
of the Income Statement? What did you learn from
this experience?Carefully review the Grading
Rubric for the criteria
12ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 3 Assignment Student Guidance
Report For more classes visit www.snaptutorial.c
om Chapter 5, Exercise 1 Inventory errors and
income measurement. The income statements of
Keagle Company for 20X3 and 20X4 follow. 20X3
20X4 Sales
13ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 3 DQ 1 LIFO vs. FIFO For more
classes visit www.snaptutorial.com 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
14ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 3 Chapter 5 6 Quiz and Video
Quiz For more classes visit www.snaptutorial.com
ACC 205 Week 3 Chapter 5,6 Quiz and Video
Quiz
15ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 3 DQ 2 Depreciation For more
classes visit www.snaptutorial.com There is a
variety of depreciation methods used to allocate
the cost of an asset to all of the accounting
periods benefited by the use of the asset. Your
client has just
16ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 4 Assignment Student Guidance
Report For more classes visit www.snaptutorial.c
om 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
17ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 3 Journal Inventory Journal For
more classes visit www.snaptutorial.com 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
18ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 4 Assignment Student Guidance
Report For more classes visit www.snaptutorial.c
om 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
19ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 4 Assignment Student Guidance
Report For more classes visit www.snaptutorial.c
om 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
20ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 4 DQ 1 Current Liability For more
classes visit www.snaptutorial.com What is a
current liability? From a user of financial
21ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 4 Chapter 7 8 Quiz and Video Qu For
more classes visit www.snaptutorial.com ACC 205
Week 4 Chapter 7,8 Quiz and Video Quiz 1.
Current Liabilities are __________________________
___. (Points 1)
22ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 4 DQ 2 Client Recommendations For
more classes visit www.snaptutorial.com 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 and disadvantages of
the following sole proprietorship, partnership,
and corporation. Based on these advantages and
disadvantages provide a clear recommendation to
your client. Let at least two of your peers
posts know if
23ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 4 Journal Future Obligations
Journal For more classes visit www.snaptutoria
l.com The current liability section of the
balance sheet
24ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 5 Assignment Student Guidance For
more classes visit www.snaptutorial.com Chapter
9 Exercise 3 Liquidity ratios. Edison, Stagg, and
Thornton have the following financial information
at the close of business on July 10 Compute the
current and quick ratios
25ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 5 Final Paper Paper (Walmart,
Qualcomm) (2 Papers) For more classes
visit www.snaptutorial.com This Tutorial
contains 2 Papers Paper 1 Walmart Paper 2
Qualcomm
26ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 5 Chapter 9 Quiz and Video
Quiz For more classes visit www.snaptutorial.com
ACC 205 Week 5 Chapter 9 Quiz and Video Quiz
27ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 5 DQ 1 For more classes
visit www.snaptutorial.com ACC 205 Week 5 DQ 1
28ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 5 DQ 2 For more classes
visit www.snaptutorial.com ACC 205 Week 5 DQ
2 ACC 205 Week 5 Final Paper Paper
29ACC 205 Education Specialist/ snaptutorial.com
ACC 205 Week 5 DQ 2 For more classes
visit www.snaptutorial.com ACC 205 Week 5 DQ
2 ACC 205 Week 5 Final Paper Paper
30ACC 205 Education Specialist/ snaptutorial.com