1 / 17

ACC 421 GENIUS innovative education/acc421genius.com

Keyser Beverage Company reported the following items in the most recent year. Q -2 Ames Company reported 2014 net income of $151,000. During 2014, accounts receivable increased by $13,000 and accounts payable increased by $9,500. Depreciation expense was

munna26
Télécharger la présentation

ACC 421 GENIUS innovative education/acc421genius.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 421 GENIUS innovative education/acc421genius.com

  2. ACC 421 GENIUS innovative education ACC 421 Chapter 5 Wileyplus FOR MORE CLASSES VISIT www.acc421genius.com Keyser Beverage Company reported the following items in the most recent year. Q -2 Ames Company reported 2014 net income of $151,000. During 2014, accounts receivable increased by $13,000 and accounts payable increased by $9,500. Depreciation expense was $44,000. Prepare the cash flows from operating activities section of the statement of cash flows. Q -3 Martinez Corporation engaged in the following cash transactions during 2014. Q-4 The major classifications of activities reported in the statement of cash flows are 

  3. ACC 421 GENIUS innovative education ACC 421 Chapter 23 wileyplus FOR MORE CLASSES VISIT www.acc421genius.com Exercise 23-11 Condensed financial data of Pat Metheny Company for 2014 and 2013 are presented below Problem 23-6 Comparative balance sheet accounts of Marcus Inc. are presented below. IFRS Multiple Choice Question 06 Which of the following is false with regard to IFRS and the statement of cash flows? IFRS Multiple Choice Question 07 Ocean Company follows IFRS for its external financial reporting. Which of the following 

  4. ACC 421 GENIUS innovative education ACC 421 Final Exam Guide FOR MORE CLASSES VISIT www.acc421genius.com Question 1 Transactions for Mehta Company for the month of May are presented below. May 1 B.D. Mehta invests $3,054 cash in exchange for common stock of Mehta Company, a small welding corporation. 3 Buys equipment on account for $1,547. Question 2 On July 1, 2012, Crowe Co. pays $19,796 to Zubin Insurance Co. for a 3-year insurance 

  5. ACC 421 GENIUS innovative education ACC 421 Week 1 Individual Assignment Accounting Cycle Paper (2 Paper) FOR MORE CLASSES VISIT www.acc421genius.com This Tutorial contains 2 Papers Prepare a 700- to 1,050-word paper explaining the overall accounting cycle at your organization. Include a description of the

  6. ACC 421 GENIUS innovative education ACC 421 Week 2 Individual Wileyplus Assignment E4-6, E4-16, P3-5, E18-4, E18-5 FOR MORE CLASSES VISIT www.acc421genius.com ACC 421 Week 2 Answers Week 2 Solutions to E4-6, E4-16, P3-5, E18-4, E18-5 Week 2 Solutions to Problems 1,2,3, and 4

  7. ACC 421 GENIUS innovative education ACC 421 Week 2 Team Assignment CA1-3, CA 1-14, E3-14, P3-11 FOR MORE CLASSES VISIT www.acc421genius.com CA1-3 (Financial Reporting and Accounting Standards) Answer the following multiple-choice questions. (All answers are in bold type.) 1. GAAP stands for: 2. Accounting standard-setters use the following process in establishing accounting standards: 3. GAAP is comprised of: 4. The authoritative status of the conceptual framework is as follows. 5. 

  8. ACC 421 GENIUS innovative education ACC 421 Week 3 Individual Wileyplus Assignment E5-5, E5-12, E5-15, E24-2, E24-5 FOR MORE CLASSES VISIT www.acc421genius.com ACC 421 Week 3 Answers Week 3 Solutions to E5-5, E5-12, E5-15, E24-2, E24-5

  9. ACC 421 GENIUS innovative education ACC 421 Week 3 Team Assignment P4-4, P18-2, P18-8 FOR MORE CLASSES VISIT www.acc421genius.com P4-4 (Multiple- and Single-Step Income, Retained Earnings) The following account balances were included in the trial balance of Twain Corporation at June 30, 2014. Using the multiple-step form, prepare an income statement and a retained earnings statement for the year ended June 30, 2014. Using the single-step form, prepare an income 

  10. ACC 421 GENIUS innovative education ACC 421 Week 4 Individual Assignment Full Disclosure Paper (2 Paper) FOR MORE CLASSES VISIT www.acc421genius.com This Tutorial contains 2 Different Papers Disclosure Paper contains: Intermediate Financial Accounting I Individual Full Disclosure Paper Resource: Intermediate Accounting Write a 700-word paper addressing the following: Answer Question 2 in Ch. 24. Explain the need for full disclosure in financial reporting. Identify possible 

  11. ACC 421 GENIUS innovative education ACC 421 Week 4 Team Assignment P5-3, CA24-2, P24-2, P24-3 FOR MORE CLASSES VISIT www.acc421genius.com P5-3 (Balance Sheet Adjustment and Preparation) The adjusted trial balance of Eastwood Company andother related information for the year 2014 are presented as follows. Additional information: 1. The LIFO method of inventory value is used. 2. The cost and fair value of the long-term investments that consist of stocks and bonds is the same. 3. The amount of the Construction in Progress account represents the costs expended to 

  12. ACC 421 GENIUS innovative education ACC 421 Week 4 WileyPLUS E23-1, E23-4, E23-7, E23-11, E23-12 FOR MORE CLASSES VISIT www.acc421genius.com Individual Assignments Resource: WileyPLUS Complete the following Week Four Assignment in WileyPLUS: Exercise 23-1 Exercise 23-4 Exercise 23-7 Exercise 23-11 Exercise 23-12

  13. ACC 421 GENIUS innovative education ACC 421 Week 4 Wileyplus FOR MORE CLASSES VISIT www.acc421genius.com Question 1 The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classify each of the transactions listed below as: A comparative balance sheet for Shabbona Corporation is presented below. Question 2 A comparative balance sheet for Shabbona Corporation is presented below Question 3 Each of the following items must be considered in preparing a statement of cash flows (indirect method) for Turbulent Indigo Inc. for the year ended December 31, 2014. State whe

  14. ACC 421 GENIUS innovative education ACC 421 WEEK 5 INDIVIDUAL ASSIGNMENT STATEMENT OF CASH FLOWS PAPER (2 Papers) FOR MORE CLASSES VISIT www.acc421genius.com This Tutorial contains 2 Different Papers Statement of Cash Flows Paper Write a 700-word paper in which you address the following: •Answer Question 1 in Ch. 23 of Intermediate Accounting. •Explain why statements of cash flows are i

  15. ACC 421 GENIUS innovative education ACC 421 Week 5 Team Assignment P6-7, P5-7, P23-7, P23-8 FOR MORE CLASSES VISIT www.acc421genius.com P6-7 (Time Value Concepts Applied to Solve Business Problems) Answer the following questions related to Dubois Inc. (a) Dubois Inc. has $600,000 to invest. The company is trying to decide between two alternative uses ofthe funds. One alternative provides $80,000 at the end of each year for 12 years (b) Dubois Inc. has completed the purchase 

  16. ACC 421 GENIUS innovative education ACC 421 Week 5 WileyPLUS E6-2, E6-5, E6-6, E6-8, E6-10 FOR MORE CLASSES VISIT www.acc421genius.com Individual Assignments WileyPLUS Assignment: Week 5 Assignment Complete the following Week Five Assignment in WileyPLUS: Exercise 6-2 Exercise 6-5 Exercise 6-6 Exercise 6-8 Exercise 6-10

  17. ACC 421 GENIUS innovative education

More Related