ACCT 551 Education Specialist/newtonhelp.com - PowerPoint PPT Presentation

About This Presentation
Title:

ACCT 551 Education Specialist/newtonhelp.com

Description:

For more course tutorials visit www.newtonhelp.com This Tutorial contains 2 Different Course Project ACCT 551 Course Project (Notes to Financial Statement) – PowerPoint PPT presentation

Number of Views:2
Slides: 17
Provided by: caryophyllacea54

less

Transcript and Presenter's Notes

Title: ACCT 551 Education Specialist/newtonhelp.com


1
ACCT 551 Education Specialist/newtonhelp.com
2
ACCT 551 Education Specialist/newtonhelp.com
ACCT 551 Course Project (Notes to Financial
Statement) (2 Project)   For more course
tutorials visit www.newtonhelp.com   This
Tutorial contains 2 Different Course Project
ACCT 551 Course Project (Notes to Financial
Statement)
3
ACCT 551 Education Specialist/newtonhelp.com
ACCT 551 Final Exam Set 1   For more course
tutorials visit www.newtonhelp.com   Question 1.
(TCO C) Which characteristic is not possessed by
intangible assets? Physical existence
Short-lived Result in future benefits
4
ACCT 551 Education Specialist/newtonhelp.com
ACCT 550 Week 4 Homework Assignment   For more
course tutorials visit www.newtonhelp.com     ACCT
550 Week 4 Homework Assignment
5
ACCT 551 Education Specialist/newtonhelp.com
ACCT 551 Final Exam Set 2   For more course
tutorials visit www.newtonhelp.com   Question 1.
1. (TCO C) Which characteristic is not possessed
by intangible assets? (Points 5)
Physical existence Short-lived
Result in future benefits Expensed over
current and/or future years
6
ACCT 551 Education Specialist/newtonhelp.com
ACCT 551 Midterm Exam Set 1   For more course
tutorials visit www.newtonhelp.com   Question 1.
(TCO C) The major problem of accounting for
intangibles is determining fair market
value. separability.
7
ACCT 551 Education Specialist/newtonhelp.com
ACCT 551 Midterm Exam Set 2   For more course
tutorials visit www.newtonhelp.com   Question 1.
(TCO C) The major problem of accounting for
intangibles is determining Question 2.
Question (TCO C) Wriglee, Inc. went to
court this year and successfully defended its
patent from infringement by a competitor. The
cost of this defense should be charged to
8
ACCT 551 Education Specialist/newtonhelp.com
ACCT 551 Week 1 Discussion BE12-2, BE12-3,
BE12-7, BE12-6, BE 12-12, Ex 12-15   For more
course tutorials visit www.newtonhelp.com   BE12-2
makes us learn that if any legal cost is
incurred to defend an intangible assets it
should be added to the book value of intangible
asset and depreciated over its remaining useful
life. Book Value is determined by
9
ACCT 551 Education Specialist/newtonhelp.com
ACCT 551 Week 1 Homework E12-5, E12-16   For more
course tutorials visit www.newtonhelp.com   E12-5
(Correct Intangible Assets Account) As the
recently appointed auditor for William J. Bryan
Corporation, you have been asked to examine
selected accounts before the 6-month financial
statements of June 30, 2014, are
10
ACCT 551 Education Specialist/newtonhelp.com
ACCT 551 Week 2 Homework E13-11, E13-12,
P13-9   For more course tutorials
visit www.newtonhelp.com   E13-11 (Warranties)
Sheryl Crow Equipment Company sold 500
Rollomatics during 2014 at 6,000 each. During
2014, Crow spent 20,000 servicing the 2-year
warranties that accompany the Rollomatic. All
applicable
11
ACCT 551 Education Specialist/newtonhelp.com
  ACCT 551 Week 3 Homework P14-5, P14-6,
P14-7   For more course tutorials
visit www.newtonhelp.com   P14-5 (Comprehensive
Bond Problem) In each of the following
independent cases the company closes its books on
December 31.
12
ACCT 551 Education Specialist/newtonhelp.com
ACCT 551 Week 4 Homework E15-2, E15-5,
E15-6   For more course tutorials
visit www.newtonhelp.com   EXERCISE 15-2 Facts
Kathleen Battle Corporation was organized on
January 1, 2014. It is authorized to issue 10,000
shares of 8, 100 par value preferred stock, and
500,000 shares of no-par common stock with a
stated value of 1 per share.
13
ACCT 551 Education Specialist/newtonhelp.com
ACCT 551 Week 5 Homework E15-15, E15-16   For
more course tutorials visit www.newtonhelp.com   E
15-15 (Dividend Entries) The following data were
taken from the balance sheet accounts of
Masefield Corporation on December 31, 2013. (a) A
5 stock dividend
14
ACCT 551 Education Specialist/newtonhelp.com
  ACCT 551 Week 6 Homework E16-6, E16-7, E16-12,
E16-22   For more course tutorials
visit www.newtonhelp.com   E16-6 (Conversion of
Bonds) On January 1, 2014, Gottlieb
Corporation issued 4,000,000 of 10-year, 8
convertible debentures at 102. Interest is to be
paid semiannually on June 30 and December 31.
Each 1,000 debenture can be converted into eight
shares
15
ACCT 551 Education Specialist/newtonhelp.com
ACCT 551 Week 7 Homework E17-7, E17-9,
E17-15   For more course tutorials
visit www.newtonhelp.com   E17-7 (Trading
Securities Entries) On December 21, 2013, Bucky
Katt Company provided you with the following
information regarding its trading securities.
E17-9 (Available-for-Sale Securities Entries and
Financial Statement Presentation) At December 31,
2013, the
16
ACCT 551 Education Specialist/newtonhelp.com
Write a Comment
User Comments (0)
About PowerShow.com