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ACC 290 NEW Course Tutorial / Tutorialoutlet

ACC 290 Finals<br>Question 1<br> <br>Jackson Company recorded the following cash transactions for the year:<br> <br>Paid $135,000 for salaries.<br>Paid $60,000 to purchase office equipment.<br>Paid $15,000 for utilities.<br>Paid $6,000 in dividends.<br>Collected $245,000 from customers.<br> <br> Question 2<br> <br>Which of the following describes the classification and normal balance of the Unearned Rent Revenue account?<br> <br>Question 3<br> <br>Posting<br> <br>Question 4<br> <br>The following is selected information from L Corporation for the fiscal year ending October 31, 2014.<br> <br>

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ACC 290 NEW Course Tutorial / Tutorialoutlet

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  1. ACC 290 NEW Course Tutorial For more Courses visit now www.Tutorialoutlet.com

  2. ACC 290 NEW Course Tutorial • ACC 290 Final Exam Guide (New) • For more Courses visit now • www.Tutorialoutlet.com • ACC 290 Finals • Question 1 • Jackson Company recorded the following cash transactions for the year: • Paid $135,000 for salaries. • Paid $60,000 to purchase office equipment. • Paid $15,000 for utilities. • Paid $6,000 in dividends. • Collected $245,000 from customers.

  3. ACC 290 NEW Course Tutorial • ACC 290 Final Exam Guide (Uop) • For more Courses visit now • www.Tutorialoutlet.com • we have another New set of Final Exam Guide which could be found on this link • http://www.tutorialoutlet.com/acc-290-new/acc-290-final-exam-guide-new/ •  Which financial statement is used to determine cash generated from operations?  • 2) In terms of sequence, in what order must the four basic financial statements be prepared? 

  4. ACC 290 NEW Course Tutorial • ACC 290 Week 1 Discussion Question 1 (Uop) • For more Courses visit now • www.Tutorialoutlet.com • ACC 290 Week One - DQ #1 • What are the four basic financial statements? What is the primary purpose of each of the four basic financial statements? In your opinion, which financial statement is the most important? Explain why. How would the financial statements be useful to managers and employees? How would the financial statements be useful to investors and creditors?

  5. ACC 290 NEW Course Tutorial • ACC 290 Week 1 Discussion Question 2 (Uop) • For more Courses visit now • www.Tutorialoutlet.com • Product Description • What are debits and credits? How are debits and credits used to record business transactions? Why do accountants debit asset accounts to increase them but credit liability accounts to increase them? Why do accountants debit expenses to increase them but credit revenues to increase them?

  6. ACC 290 NEW Course Tutorial • ACC 290 Week 1 Practice Quiz (New) • For more Courses visit now • www.Tutorialoutlet.com • ACC 290 Week 1 Quiz • Question 1 •              Current assets are expected to be converted to cash or consumed within the next year or the normal operating cycle, whichever is longer.

  7. ACC 290 NEW Course Tutorial • ACC 290 Week 1 Vocabulary Activity (New) • For more Courses visit now • www.Tutorialoutlet.com • WileyPLUS Assignment: Week 1 Vocabulary Activity • Resource: WileyPLUS • Complete the following Week 1 Assignment in WileyPLUS: • • Chapter 1 WileyPLUS Crossword Puzzle 1

  8. ACC 290 NEW Course Tutorial • ACC 290 Week 1 Wiley Plus Assignment DI1-3, E1-3,E1-4, E2-4, IFRS2-4 (New) • For more Courses visit now • www.Tutorialoutlet.com • WileyPLUS Assignment: Week 1 Assignment • Resource: WileyPLUS • Complete the following Week 1 Assignment in WileyPLUS: • • DO IT! 1-3

  9. ACC 290 NEW Course Tutorial • ACC 290 Week 2 Discussion Question 1 (Uop) • For more Courses visit now • www.Tutorialoutlet.com • What is the revenue recognition principle? What is the expense recognition principle? Why are they important to financial reporting? • What are adjusting entries and why are they necessary? • What are accruals? Provide examples of accruals. Why do accruals require adjusting entries? • What are deferrals? What are some examples of deferrals? Why do deferrals require adjusting entries?

  10. ACC 290 NEW Course Tutorial • ACC 290 Week 2 Discussion Question 2 (Uop) • For more Courses visit now • www.Tutorialoutlet.com • What accounts are subject to adjusting journal entries and why? • How would you explain the purpose of the adjusted trial balance?

  11. ACC 290 NEW Course Tutorial • ACC 290 Week 2 Individual Wiley PLUS Assignment -Exercise E3-4 ,E3-9 Problem 3-5A, 3-6A (Uop) • For more Courses visit now • www.Tutorialoutlet.com • we have another New set of week 2 Willeyplus assignment which could be found on this link • http://www.tutorialrank.com/ACC/ACC-290-(New)/product-11823-ACC-290-Week-2-WileyPlus-Assignment-BYP2-2,-IFRS2-6,-E3-4,-E3-8,-BYP-3-2,-IFRS-3-2,-P3-5,-P3-6-(New)

  12. ACC 290 NEW Course Tutorial • ACC 290 Week 2 LT Reflection Summary (New) • For more Courses visit now • www.Tutorialoutlet.com • Discuss the objectives for ACC 290 Week Two.  • What do you think will be the most important of the skills learned when you are in an accounting position?  • Differentiate between accrual basis and cash basis of accounting.  • Create Adjusting Entries. •  Prepare an adjusted trial balance. •  Write a 350 to 500 word summary of your Learning Team’s discussion.

  13. ACC 290 NEW Course Tutorial ACC 290 Week 2 LT Reflection Summary (Uop) For more Courses visit now www.Tutorialoutlet.com Discuss the objectives for ACC 290 Week One.  How do they relate to the practice of accounting and its uses in business?  Identify the four basic financial statements.  Classify transactions using the rules of debit and credit.  Journalize basic transactions.  Discuss how financial statements would be useful to external users such as investors and creditors.  Write a 350 to 500 word summary of your Learning Team’s discussion.

  14. ACC 290 NEW Course Tutorial • ACC 290 Week 2 Practice Quiz (New) • For more Courses visit now • www.Tutorialoutlet.com • ACC 290 Week 2 Quiz • Question 1 • Expenses decrease retained earnings. • Question 2 • During 2014, Gibson Company assets decreased $50,000 and its liabilities decreased $90,000. Its stockholders’ equity • .

  15. ACC 290 NEW Course Tutorial • ACC 290 Week 2 Vocabulary Activity (New) • For more Courses visit now • www.Tutorialoutlet.com • WileyPLUS Assignment: Week 2 Vocabulary Activity • Resource: WileyPLUS • Complete the following Week 2 Assignment in WileyPLUS: • • Chapter 2 Wiley PLUS Crossword Puzzle 1

  16. ACC 290 NEW Course Tutorial • ACC 290 Week 2 WileyPlus Assignment (New) • For more Courses visit now • www.Tutorialoutlet.com • WileyPLUS Assignment: Week 2 Assignment • Resource: WileyPLUS • Complete the following Week 2 Assignment in WileyPLUS: • • BYP 2-2 • • IFRS 2-6 • • Exercise 3-4

  17. ACC 290 NEW Course Tutorial • ACC 290 Week 3 - Individual Wiley PLUS (Uop) • For more Courses visit now • www.Tutorialoutlet.com • we have another New set of week 3 Willeyplus assignment which could be found on this link • http://www.tutorialrank.com/ACC/ACC-290-(New)/product-11824-ACC-290-Week-3-Wiley-Plus-Assignment-BE4-1,-P4-2A,-P4-3A,-BYP4-1-(New) • Complete the following in WileyPLUS: Brief Exercise BE4-1,          Problem P4-2A, and Problem P4-3A

  18. ACC 290 NEW Course Tutorial • ACC 290 Week 3 Discussion Question 2 (Uop) • For more Courses visit now • www.Tutorialoutlet.com • What are the pros and cons of using reversing entries? Why are reversing entries optional? What is the main purpose of a financial statement worksheet and its benefits? How has automation aided the preparation, accuracy, and use of the financial statement worksheet?

  19. ACC 290 NEW Course Tutorial • ACC 290 Week 3 LT Reflection Summary (Uop) • For more Courses visit now • www.Tutorialoutlet.com • Product Description • Discuss the objectives for ACC 290 Week Two.  What do you think will be the most important of the skills learned when you are in an accounting position?  Differentiate between accrual basis and cash basis of accounting.  Create Adjusting Entries.  Prepare an adjusted trial balance.  Write a 350 to 500 word summary of your Learning Team’s discussion.

  20. ACC 290 NEW Course Tutorial • ACC 290 Week 3 Practice Quiz (New) • For more Courses visit now • www.Tutorialoutlet.com • Product Description • ACC 290 Week 3 Quiz •             Question 1 • The revenue recognition principle dictates that revenue is recognized in the period in which the cash is received.

  21. ACC 290 NEW Course Tutorial • ACC 290 Week 3 Vocabulary Activity (New) • For more Courses visit now • www.Tutorialoutlet.com • WileyPLUS Assignment: Week 3 Practice Quiz • Resource: WileyPLUS • Complete the following Week 3 Assignment in WileyPLUS: • • Chapter 4 Practice Quiz

  22. ACC 290 NEW Course Tutorial • ACC 290 Week 3 Wiley Plus Assignment BE4-1, P4-2A, P4-3A, BYP4-1 (New) • For more Courses visit now • www.Tutorialoutlet.com • WileyPLUS Assignment: Week 3 Assignment • Resource: WileyPLUS • Complete the following Week 3 Assignment in WileyPLUS: • • Brief Exercise 4-1 • • Problem 4-2A

  23. ACC 290 NEW Course Tutorial • ACC 290 Week 3-4 Learning Team Financial Reporting Problem Part 1 (2 Different Papers) (New) • For more Courses visit now • www.Tutorialoutlet.com • Financial Reporting Problem Part I • Browse the Internet to acquire a copy of the most recent annual report for a publicly traded company. Analyze the information contained in the company’s balance sheet and income statement to answer the following questions:

  24. ACC 290 NEW Course Tutorial • ACC 290 Week 4 Discussion Question 1 (Uop) • For more Courses visit now • www.Tutorialoutlet.com • Product Description • How would you calculate cost of goods sold? What items make up cost of goods sold? How does beginning and ending inventory affect cost of goods sold? What are the journal entries a merchandising organization would use to record the purchase and subsequent sale of merchandise?

  25. ACC 290 NEW Course Tutorial • ACC 290 Week 4 Discussion Question 2 (Uop) • For more Courses visit now • www.Tutorialoutlet.com • What are the three different inventory cost flow assumptions commonly used in commerce today and allowed by generally accepted accounting principles? How does a company determine what cost flow assumption they should use? How does first in, first out cost flow assumption work?

  26. ACC 290 NEW Course Tutorial • ACC 290 Week 4 LT Reflection Summary (Uop) • For more Courses visit now • www.Tutorialoutlet.com • Reflection and Financial Reporting Problem Part I. • Discuss the objectives for ACC 290 Week Three.  How do they relate to the practice of accounting and its uses in business?  Prepare closing entries, reversing entries, and a post closing trial balance.  Prepare a financial statement work sheet.  Prepare a classified income statement, retained earnings statement and balance sheet. Write a 350 to 500 word summary of your Learning Team’s discussion.

  27. ACC 290 NEW Course Tutorial • ACC 290 Week 4 Practice Quiz (New) • For more Courses visit now • www.Tutorialoutlet.com • ACC 290 Week 4 Practice Quiz • Question 1 •              A service company's operating cycle is ordinarily shorter than that of a merchandising company. • The operating cycle of a merchandising company is ordinarily shorter than that of a service company.

  28. ACC 290 NEW Course Tutorial • ACC 290 Week 4 Vocabulary Activity (New) • For more Courses visit now • www.Tutorialoutlet.com • WileyPLUS Assignment: Week 4 Vocabulary Activity • Resource: WileyPLUS • Complete the following Week 4 Assignment in WileyPLUS: • • Chapter 5 Crossword Puzzle 1

  29. ACC 290 NEW Course Tutorial • ACC 290 Week 4 Wileyplus Assignment (New) • For more Courses visit now • www.Tutorialoutlet.com • WileyPLUS Assignment: Week 4 Assignment • Resource: WileyPLUS • Complete the following Week 4 Assignment in WileyPLUS: • • Problem 4-8A • • BYP 5-1 • • BYP 5-2

  30. ACC 290 NEW Course Tutorial • ACC 290 Week 4-5 Individual Assignment (New) • For more Courses visit now • www.Tutorialoutlet.com • Financial Reporting Problem Part II • Access the internet to acquire a copy of the most recent annual report for the public traded company used to complete the Financial Reporting Problem, Part 1 assignment due in ACC 290 Week Four.  Analyze the information contained in the company’s balance sheet and income

  31. ACC 290 NEW Course Tutorial • ACC 290 Week 5 Discussion Question 1 (Uop) • For more Courses visit now • www.Tutorialoutlet.com • What is the control environment? How does the control environment affect a company’s internal controls? What are the negative and positive elements of a control environment? What are two examples of strong and weak internal controls in organizations where you have worked or have first-hand knowledge?

  32. ACC 290 NEW Course Tutorial • ACC 290 Week 5 IFRS Paper (New) • For more Courses visit now • www.Tutorialoutlet.com • FRS 2-1: In what ways does the format of a statement of financial of position under IFRS often differ from a balance sheet presented under GAAP? • IFRS 2-2: Do the IFRS and GAAP conceptual frameworks differ in terms of the objective of financial reporting? Explain.

  33. ACC 290 NEW Course Tutorial • ACC 290 Week 5 Learning Team Reflection Summary (New) • For more Courses visit now • www.Tutorialoutlet.com • Reflection and Financial Reporting Problem Part II. • Discuss the objectives for ACC 290 Week Four.  In the wake of accounting scandals over the past several years, how has the Sarbanes-Oxley Act (SOX) of 2002 affected the practice of accounting? What is the role of internal controls in complying with SOX (2002)?  Write a 350 to 500 word summary of your Learning Team’s discussion.

  34. ACC 290 NEW Course Tutorial • ACC 290 Week 5 WileyPlus Assignment (New) • For more Courses visit now • www.Tutorialoutlet.com • we have another New set of week 5 Willeyplus assignment which could be found on this link • http://www.tutorialoutlet.com/acc-290-new/acc-290-week5-wileyplus-assignment-be6-5-be6-7-byp6-1-byp6-2-be7-4-be7-6-be5-1-be5-2-be7-5-e4-17-e4-18-new/ • WileyPLUS Assignment: Week 5 Assignment

  35. ACC 290 NEW Course Tutorial For more Courses visit now www.Tutorialoutlet.com

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