2. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Entire Course FOR MORE CLASSES VISIT www.acc423tutorials.com ACC 423 Week 1 Discussion Questions1 ACC 423 Week 1 Discussion Questions 2

3. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Final Exam Guide 1 FOR MORE CLASSES VISIT www.acc423tutorials.com Question 1 Buttercup Corporation issued 250 shares of $11 par value common stock for $4,125. Prepare Buttercup’ journal entry. Question 2 Wilco Corporation has the following account balances at December 31, 2012.

4. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Final Exam Guide 2 FOR MORE CLASSES VISIT www.acc423tutorials.com 1) When the cash proceeds from a bond issued with detachable stock warrants exceed the sum of the par value of the bonds and the fair market value of the warrants, the excess should be credited to A.

5. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 1 Discussion Question 1 FOR MORE CLASSES VISIT www.acc423tutorials.com Why do companies offer stock options? What is the experience of either your organization or an organization that you are familiar with when it comes to stock option compensation?

6. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 1 Discussion Question 2 FOR MORE CLASSES VISIT www.acc423tutorials.com What are the differences between basic and diluted earnings per share? What are the differences between the numerator and the denominator in the basic and diluted earnings per share calculations?

7. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 1 DQ (New) FOR MORE CLASSES VISIT www.acc423tutorials.com Why do companies offer stock options? Should stock-option compensation be included as an expense when calculating an organization's net income? Explain why or why not. if so,

8. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 1 Individual Assignment Owners Equity Paper FOR MORE CLASSES VISIT www.acc423tutorials.com Resources: Intermediate Accounting and Electronic Reserve Readings Prepare a 700- to 1,050-word response to the following questions:

9. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 1 Summary FOR MORE CLASSES VISIT www.acc423tutorials.com Discuss the objectives for Week One. How do they relate to the practice of accounting and its uses in business? Distinguish between paid-in and earned capital. Record journal entries related to common, preferred, and treasury stock. Record journal entries related to the various types of dividends.

10. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 2 Discussion Question 1 FOR MORE CLASSES VISIT www.acc423tutorials.com What are the differences between traditional and derivative instruments? Why do companies use derivative instruments? Explain whether or not derivatives are a good investment.

11. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 2 Discussion Question 2 FOR MORE CLASSES VISIT www.acc423tutorials.com Why do companies make investments in other companies? What are the differences between debt and equity investments?

12. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 2 DQ (New) FOR MORE CLASSES VISIT www.acc423tutorials.com What are the differences between traditional and derivative instruments? Why do companies use derivative instruments? Are derivatives a good investment? Explain why or why not.

13. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 2 Individual WileyPLUS Assignment E15- 13 (a,b), P15-1, E16-20, P16-7 FOR MORE CLASSES VISIT www.acc423tutorials.com Resource: Intermediate Accounting Prepare written responses to the following assignments from the text

14. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 2 Learning Team Assignment P15-3, P16- 6, P16-8 And CA16-4 FOR MORE CLASSES VISIT www.acc423tutorials.com Resource: Intermediate Accounting Prepare written responses to the following assignments from the text

15. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 2 Learning Team Reflection FOR MORE CLASSES VISIT www.acc423tutorials.com Discuss the objectives for Week One. How do they relate to the practice of accounting and its uses in business?

16. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 2 Team Assignment (Concepts for Analysis CA16-4) (New) FOR MORE CLASSES VISIT www.acc423tutorials.com Prepare written responses to the following assignments from Ch. 16 of Intermediate Accounting: Concepts for Analysis CA16-4

17. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 3 Discussion Question 1 FOR MORE CLASSES VISIT www.acc423tutorials.com Why are there differences between taxable and financial income? What are some examples of permanent and temporary differences? Why do these differences exist?

18. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 3 Discussion Question 2 FOR MORE CLASSES VISIT www.acc423tutorials.com How are the tax benefits of net operating losses (NOL) disclosed on financial statements? Which is more beneficial to an organization, an NOL carry forward or an NOL carry back?

19. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 3 DQ (New) FOR MORE CLASSES VISIT www.acc423tutorials.com Why are there between taxable and financial income? What are some example of payment and temporary differences? Why do these differences exist? How do they affect financial statements.”

20. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 3 Individual WileyPLUS Assignment Exercise E17-7, E17-12, Problem P17-3 And P17-8 (a c) FOR MORE CLASSES VISIT www.acc423tutorials.com Resource: Intermediate Accounting Prepare written responses to the following assignments from the text

21. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 3 Learning Team Assignment from the Text (CA 17-1)(New) FOR MORE CLASSES VISIT www.acc423tutorials.com Prepare written responses to the following assignments from Ch. 17 of Intermediate Accounting: Concepts for Analysis CA17-1

22. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 3 Learning Team Assignment P17 -1 And P17 – 9 FOR MORE CLASSES VISIT www.acc423tutorials.com Resource: Intermediate Accounting Prepare written responses to the following assignments from the text

23. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 3 Learning Team Reflection FOR MORE CLASSES VISIT www.acc423tutorials.com Discuss the objectives for Week Two. How do they relate to the practice of accounting and its uses in business? Distinguish between debt and equity investments.

24. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 4 Discussion Question 1 FOR MORE CLASSES VISIT www.acc423tutorials.com What are the differences and similarities between a defined contribution plan and a defined benefit plan? As an employee, explain why you would rather have a defined contribution plan or a defined benefit plan?

25. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 4 Discussion Question 2 FOR MORE CLASSES VISIT www.acc423tutorials.com What are the components of pension expense? How do the components of pension expense differ among the various types of contribution and benefit plans? How is the interest rate determined?

26. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 4 DQ (New) FOR MORE CLASSES VISIT www.acc423tutorials.com What are the differences and similarities between a defined contribution plan and a defined benefit plan? As an employee, would you rather have defined contribution plan or a defined benefit plan?

27. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 4 Individual WileyPLUS Assignment Exercise E19-6, E19-9, Problem P19-1 And P19-3 FOR MORE CLASSES VISIT www.acc423tutorials.com Resource: Intermediate Accounting Prepare written responses to the following assignments from the text

28. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 4 Learning Team Assignment P19 - 2 And P19 – FOR MORE CLASSES VISIT www.acc423tutorials.com Resource: Intermediate Accounting Prepare written responses to the following assignments from the text: Ch.19: Problems P19-2& P19-7

29. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 4 Learning Team Reflection FOR MORE CLASSES VISIT www.acc423tutorials.com Discuss the objectives for Week Three. How do they relate to the practice of accounting and its uses in business? Differentiate between temporary and permanent differences. Calculate current and deferred tax assets and liabilities.

30. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 5 Discussion Question 1 FOR MORE CLASSES VISIT www.acc423tutorials.com What is a change in accounting principle? How do you determine if a change in principle should be reported retroactively, currently, or prospectively? How do these changes affect the financial statements? What experience do you have with change in accounting principle in your organization or an organization you are familiar with?

31. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 5 Discussion Question 2 FOR MORE CLASSES VISIT www.acc423tutorials.com What are the differences between counterbalancing and noncounterbalancing errors? What are some examples of counterbalancing and noncounterbalancing errors? How are each handled?

32. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 5 DQ (New) FOR MORE CLASSES VISIT www.acc423tutorials.com What is a change in accounting principle? How do you determinate if a change in principle should be reported retroactively, currently or prospectively? How do these changes affect financial statements?

33. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 5 Individual WileyPLUS Assignment Exercise E20-7, Problem P20-4, Exercise E22-19, Problem P22-6 FOR MORE CLASSES VISIT www.acc423tutorials.com Resource:Intermediate Accounting Preparewritten responses to the following assignments from the text

34. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 5 Learning Team Assignment P20 - 8 And P22 – 3 FOR MORE CLASSES VISIT www.acc423tutorials.com Resource:Intermediate Accounting Preparewritten responses to the following assignments from the text: · Ch.20: Problem P20-8

35. ACC 423 TUTORIALS E XCELLENCE I N S TUDY ACC 423 Week 5 Learning Team Reflection FOR MORE CLASSES VISIT www.acc423tutorials.com Discuss the objectives for Week Four and Five. How do they relate to the practice of accounting and its uses in business? Differentiate between a defined contribution and a benefit plan. Determine the components of pension expense.

36. ACC 423 TUTORIALS E XCELLENCE I N S TUDY