1 / 30

ACC 205(NEW) Enhance teaching - tutorialrank.com

For more course tutorials visit<br>www.tutorialrank.com<br>Tutorial Purchased: 2 Times, Rating:B <br><br>Exercises 2. <br> <br> Basic computations. The following selected balances were extracted from the accounting records of Rossi Enterprises on December 31, 20X3:<br>a. Determine Rossi's total assets as of December 31.<br>b. Determine the company's total liabilities as of December 31<br>

LeoTolstoy01
Télécharger la présentation

ACC 205(NEW) Enhance teaching - tutorialrank.com

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. ACC 205(NEW) Enhance teaching/ tutorialrank.com

  2. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 1 Assignment Student Guidance Report For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating:B+ Exercises 2.      Basic computations. The following selected balances were extracted from the accounting records of Rossi Enterprises on December 31, 20X3:

  3. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 1 Chapter 1,2 Quiz and Video Quiz For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating:B+ ACC 205 Week 1 Chapter 1,2 Quiz and Video Quiz 1. In accounting the concept of materiality refers to ________________.       Question 2. 2. Typically accounting transactions are recorded and reported at _______________.

  4. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 1 DQ 1 Accounting Equation (New) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 1 Times, Rating: No rating As you have learned in this week’s 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.  

  5. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 1 DQ 2 Accounts (New) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 1 Times, Rating B+ 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.

  6. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 1 Journal Balance Sheet Journal (New) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating A The 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 reflection?

  7. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 2 Assignment Student Guidance Report For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating:B+ 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.

  8. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 2 Chapter 3,4 Quiz and Video Quiz For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating:B+ ACC 205 Week 2 Chapter 3,4 Quiz and Video Quiz 1. The accrual basis of accounting means_______________________.       Question 2. 2. Under accrual basis accounting revenue is not recognized until _________________.         

  9. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 2 DQ 1 Accounting Cycle (New) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating B 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

  10. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 2 DQ 2 Bank Reconciliation (New) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 0 Times, Rating No rating 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?

  11. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 2 Journal Income Statement Journal (New) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating B+ 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?

  12. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 3 Assignment Student Guidance Report For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating:B+ Chapter 5, Exercise 1 Inventory errors and income measurement. The income statements of Keagle Company for 20X3 and 20X4 follow. 20X3                           20X4 Sales                                        $100,000                     $109,000 Cost of goods sold                  62,000                         74,000

  13. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 3 Chapter 5,6 Quiz and Video Quiz For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating:B+ ACC 205 Week 3 Chapter 5,6 Quiz and Video Quiz   1. Gross Profit is ___________________.       Question 2. 2. All of the following are considered part of inventory cost except__________.     

  14. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 3 DQ 1 LIFO vs. FIFO (New) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 0 Times, Rating No rating The controller of Sagehen Enterprises believes that the company should switch from the LIFO method to the FIFO method.  The controller’s bonus is based on the next income.

  15. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 3 DQ 2 Depreciation (New) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 3Times, Rating A+ 1. Specific identification method. Boston Galleries uses the specific identification method for inventory valuation. Inventory information for several oil paintings follows.

  16. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 3 Journal Inventory Journal (New) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating B+ 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 method do you believe would provide the most accurate financial statements? Why do you believe this is the case?

  17. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 4 Assignment Student Guidance Report For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating:B+ 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 require that Hall

  18. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 4 Chapter 7,8 Quiz and Video Quiz For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating:B+ ACC 205 Week 4 Chapter 7,8 Quiz and Video Quiz 1. Current Liabilities are _____________________________. (Points : 1) Question 2. 2. The Unearned Revenue account is used to record ____________________. (Points : 1)

  19. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 4 DQ 1 Current Liability (New) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 1 Times, Rating No rating What is a current liability?  From a user of financial statements perspective why do you believe current liabilities are separated from long-term liabilities?  Based on your current experience and any additional

  20. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 4 DQ 2 Client Recommendations (New) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating:B+ 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. 

  21. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 4 Journal Future Obligations Journal (New) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 3 Times, Rating A The current liability section of the balance sheet lists the liabilities that are due within the next 12 months.  Reflecting on your current financial situation, apply the concept of current liabilities. 

  22. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 5 Assignment Student Guidance Report For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating:B+ Chapter 9 Exercise 3 Liquidity ratios. Edison, Stagg, and Thornton have the following financial information at the close of business on July 10:

  23. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 5 Chapter 9 Quiz and Video Quiz For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating:B+ ACC 205 Week 5 Chapter 9 Quiz and Video Quiz Question 1. 1. Common-size financial statements means___________________.    Question 2. 2. Vertical analysis of a financial statement involves_______________.  

  24. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 5 DQ 1 (New) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 1 Times, Rating Norating ACC 205 Week 5 DQ 1 

  25. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 5 DQ 2 (New) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 0 Times, Rating Norating ACC 205 Week 5 DQ 2

  26. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 5 Final Paper Paper (Boeing General Electric Lowes Home) (3 Papers) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating:B+ This Tutorial contains 3 Papers Paper 1: Boeing Paper 2: General Electric Paper 3: Lowe’s Home

  27. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 5 Final Paper Paper (Microsoft StarBucks) (2 Papers) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating:B+ This Tutorial contains 2 Papers Paper 1: Microsoft Paper 2: StarBucks

  28. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 5 Final Paper Paper (Walmart, Qualcomm) (2 Papers) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating:B+ This Tutorial contains 2 Papers Paper 1: Walmart Paper 2: Qualcomm Final PaperFocus of the Final Paper

  29. ACC 205(NEW) Enhance teaching/ tutorialrank.com ACC 205 Week 5 Journal Most Important Ratio Journal (New) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating:B+ Most Important Ratio Journal Reflect for a moment on the ratios (working capital, current ratio, quick ratio, debt to asset, debt to equity, times interest earned, gross margin and net margin) presented this week. 

  30. ACC 205(NEW) Enhance teaching/ tutorialrank.com aa

More Related