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ACC 291(NEW) Education for Service--tutorialrank.com

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1 ACC 291(NEW) Education for Service--tutorialrank.com

2 ACC 291 Final Exam Guide (New, 2018, 100% Score) For more course tutorials visit www.tutorialrank.com 1. The term “receivables” refers to cash to be paid to debtors. merchandise to be collected from individuals or companies. cash to be paid to creditors. amounts due from individuals or companies.

3 ACC 291(NEW) Education for Service--tutorialrank.com ACC 291 Week 1 Apply Connect Assignment For more course tutorials visit www.tutorialrank.com ACC 291 Week 1 Apply Connect Assignment 1 Exceptional Electronics began operations September 1, 2019. The firm sells its merchandise for cash and on open account. Sales are subject to a 7 percent sales tax. During September, Exceptional Electronics engaged in the following transactions: DATE TRANSACTIONS

4 ACC 291(NEW) Education for Service--tutorialrank.com ACC 291 Week 1 Assignment Comparative Analysis Problem (2 Papers) For more course tutorials visit www.tutorialrank.com This Tutorial contains Papers+ Excel Sheet Purpose of Assignment The purpose of this assignment is to help you understand the basics of financial statement analysis using financial ratios on the assets section of the balance sheet, data interpretation, and how ratios are used to gain insight about the management of receivable.

5 ACC 291(NEW) Education for Service--tutorialrank.com ACC 291 Week 1 Practice Connect Practice Assignment For more course tutorials visit www.tutorialrank.com ACC 291 Week 1 Practice Connect Practice Assignment attempt 1 Record the following transactions of Lisa’s Fashion Boutique in a general journal. Lisa’s Fashion Boutique operates in a state with 8% sales tax. (Round your intermediate calculations and final answers to 2 decimal places): DATE TRANSACTIONS

6 ACC 291(NEW) Education for Service--tutorialrank.com ACC 291 Week 1 Wileyplus Assignment E8-4, E8-11, BYP8-1, and BYP8-2 (New) For more course tutorials visit www.tutorialrank.com E8-4, E8-11, BYP8-1, and BYP8-2 in MS Excel Exercise 8-4 Wainwright Company Exercise 8-11 Fedex Corporation Broadening your Perspective 8-1 Toots

7 ACC 291(NEW) Education for Service--tutorialrank.com ACC 291 Week 2 Apply Connect Assignment For more course tutorials visit www.tutorialrank.com ACC 291 Week 2 Apply Connect Assignment 1 NewTech Medical Devices is a medical devices wholesaler that commenced business on June 1, 2019. NewTech Medical Devices purchases merchandise for cash and on open account. In June 2019, NewTech Medical Devices engaged in the following purchasing and cash payment activities:

8 ACC 291(NEW) Education for Service--tutorialrank.com ACC 291 Week 2 Assignment Financial Reporting Problem, Apple Inc For more course tutorials visit www.tutorialrank.com Purpose of Assignment The purpose of this assignment is to help you understand the basics of financial statement analysis related to the assets section of the balance sheet, data interpretation, and how financial information is obtained to understand how a company accounts for its long-lived assets. Assignment Steps

9 ACC 291(NEW) Education for Service--tutorialrank.com ACC 291 Week 2 Fordyce and Atwater (New) For more course tutorials visit www.tutorialrank.com P10-5A Fordyce Electronics issues a $400,000, 8%, 10-year mortgage note on December 31, 2007. The proceeds from the note are to be used in financing a new research laboratory. The terms of the note provide for semiannualinstallment payments, exclusive of real estate taxes and insurance, of $29,433. Payments are due June 30 and December 31.

10 ACC 291(NEW) Education for Service--tutorialrank.com ACC 291 Week 2 Practice Connect Practice Assignment For more course tutorials visit www.tutorialrank.com ACC 291 Week 2 Practice Connect Practice Assignment 1 Big Country Ski Shop is a retail store that sells ski equipment and clothing. Big Country Ski Shop commenced business on September 1, 2019. The firm purchases merchandise on open account. The firm’s purchases, purchase returns and allowances, and cash payments on account during September 2019 follow:

11 ACC 291(NEW) Education for Service--tutorialrank.com ACC 291 Week 2 Textbook Exercise BE 8-8, E8-4, E8-14, E9-4 For more course tutorials visit www.tutorialrank.com ACC 291 Week 2 Textbook Exercise BE 8-8, E8-4, E8-14, E9-4 Chapter 8: BE8-8 Determine maturity dates and compute interest and rates on notes. E8-4 The ledger of Macarty Company at the end of the current year shows Accounts Receivable $78,000, Credit Sales $810,000, and Sales Returns and Allow

12 ACC 291(NEW) Education for Service--tutorialrank.com ACC 291 Week 2 Wileyplus Assignment P8-3A, BE9-11, DI9-5, E9-7, E9-8, BYP9, P9-2A (New) For more course tutorials visit www.tutorialrank.com P8-3A, BE9-11, DI9-5, E9-7, E9-8, BYP9, P9-2A. Problem 8-3A: Bosworth Company Brief Exercise 9-11: Nike, Inc. Do It! 9-5 Exercise 9-7: Wang, Co. Exercise 9-8: Cleand Company Broadening Your Perspective 9-1:

13 ACC 291(NEW) Education for Service--tutorialrank.com ACC 291 Week 3 Exercise BE 1-2, BE 10-3, BE 10-4, BE 10-5, BE 10-14 For more course tutorials visit www.tutorialrank.com BE 1-2, BE 10-3, BE 10-4, BE 10-5, BE 10-14 BRIEF EXERCISES Prepare entries for an interest ‐ bearing note payable. BE10-2 Hive Company borrows $90,000 on July 1 from the bank by signing a $90,000, 7%, 1 ‐ year note payable. Prepare the journal entries to record (a) the proceeds of the note and (b) accrued interest at December 31, assuming adjusting entries are made only at the end of the year.

14 ACC 291(NEW) Education for Service--tutorialrank.com ACC 291 Week 3 Assignment The Liabilities Section of O’Brian’s Balance Sheet For more course tutorials visit www.tutorialrank.com Purpose of Assignment The purpose of this assignment is to help you understand the balance sheet presentation for the liabilities of a company. Assignment Steps Resources: Financial Accounting: Tools for Business Decision Making Prepare the liabilities section of

15 ACC 291(NEW) Education for Service--tutorialrank.com ACC 291 Week 3 Wileyplus Assignment P9-7A, E10-5, E10-8, E10- 13, E10-22, E10-24, BYP10, P10-9A, P10-13A, IFRS10-4 (New) For more course tutorials visit www.tutorialrank.com ·P9-7A, E10-5, E10-8, E10-13, E10-22, E10-24, BYP10, P10-9A, P10-13A, IFRS10-4. Exercise 10-5: Olinger Company Exercise 10-8: Ortega Company Exercise 10-13: Romine Company

16 ACC 291(NEW) Education for Service--tutorialrank.com ACC 291 Week 4 Exercise E11-2, E11-5, E11-7, E11-13 For more course tutorials visit www.tutorialrank.com Journalize issuance of common stock and preferred stock and purchase of treasury stock. E11-2 Sagan Co. had these transactions during the current period. June 12 Issued 80,000 shares of $1 par value common stock for cash of $300,000. 11 July Issued 3,000 shares of $100 p

17 ACC 291(NEW) Education for Service--tutorialrank.com ACC 291 WEEK 4 Stockholders’ Equity Section of the Balance Sheet (Lachlin Corporation Balance Sheet) For more course tutorials visit www.tutorialrank.com Purpose of Assignment The purpose of this assignment is to help you become familiar with examining the stockholders' equity section of the balance sheet. Assignment Steps Resources: Financial Accounting: Tools for Business Decision Making Answer the following questions in 1,

18 ACC 291(NEW) Education for Service--tutorialrank.com ACC 291 Week 4 Wileyplus Assignment Do It! 11-1, E11-5, E11-7, BYP11-1, BYP11-2, P11-5A, P11-8A (New) For more course tutorials visit www.tutorialrank.com Do It! 11-1, E11-5, E11-7, BYP11-1, BYP11-2, P11-5A, P11-8A. Do It! 11-1 Exercise 11-5 Garcia Corporation Exercise 11-7 Pele Company Broadening Your Perspective 11-1 To

19 ACC 291(NEW) Education for Service--tutorialrank.com ACC 291 Week 5 Assignment Financial Reporting Problem II For more course tutorials visit www.tutorialrank.com Purpose of Assignment The purpose of this assignment is to expose you to the basic process involved in the analysis of the cash flow statement. Assignment Steps Resources: Appendix A of Financial Accounting: Tools for Business Decision Making

20 ACC 291(NEW) Education for Service--tutorialrank.com ACC 291 Week 5 Exercise E12-3, E12-10 For more course tutorials visit www.tutorialrank.com Prepare the operating activities section—indirect method. E12-3 Sosa Company reported net income of $190,000 for 2017. Sosa also reported depreciation expense of $35,000 and a loss of $5,000 on the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $15,000 for the year, a

21 ACC 291(NEW) Education for Service--tutorialrank.com ACC 291 Week 5 Wileyplus Assignment E7-3, E12-1, E12-8, P12-9A, P12-10A, E13-3, E13-4, IFRS13-1, P13-2A (New) For more course tutorials visit www.tutorialrank.com · E7-3, E12-1, E12-8, P12-9A, P12-10A, E13-3, E13-4, IFRS13-1, P13-2A. Exercise 7-3 Exercise 12-1 Exercise 12-8 Problem 12-9A

22 ACC 291(NEW) Education for Service--tutorialrank.com


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