ACC 291


Asked by 3 years ago
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ACC 291 Complete Course

Week 1

Individual Exercises Week One

Resources: Ch. 9 of Financial Accounting

Complete Exercise E9-2.

Submit utilizing the Microsoft® Excel® template provided in the Course Materials forum (not using the templates in the class will result in a 20% penalty).

Discussion Questions

How are bad debts accounted for under the direct write-off method? What are the disadvantages of this method?

How would you describe the entries to record the disposition of accounts receivables? What is their function?

Week 2

Individual Assignment Week Two

Resources: Ch. 9 of Financial Accounting

Complete Exercise E9-1, E9-7, & E9-12.

Complete Problem P9-7B, parts a and b only

Submit utilizing the Microsoft® Excel® template provided in the Course Materials forum.

Discussion Questions

Which depreciation method provides you the highest depreciation expense in the first year? Why?

What types of industries have unearned revenue? Why is unearned revenue considered a liability? When is the unearned revenue recognized in the financial statements?

Week 3

Individual Assignment Week Three

Resources: Ch. 10 of Financial Accounting.

Complete Exercise E10-6, E10-8, & E10-18.

Complete Problem 10-3A & 10-6A.

Submit utilizing the Microsoft® Excel® template provided in the Course Materials forum.

Discussion Questions

What types of industries have unearned revenue? Why is unearned revenue considered a liability? When is the unearned revenue recognized in the financial statements?

Why is preferred stock referred to as preferred? What are some of the features added to preferred stock that make it more attractive to investors? Would you select preferred stock or common stock as an investment? Why?

Week 4

Individual Assignment Week Four

Resources: Ch. 11 & 12 of Financial Accounting.

Complete Exercises E11-15 & E12-2.

Complete Problem 11-6A.

Submit utilizing the Microsoft® Excel® template provided in the Course Materials forum.

Discussion Questions

Why are companies required to prepare a statement of cash flows? Why is the statement of cash flows divided into three sections? What does each section tell you about the operations of a company?

What are some common ratios used to analyze financial information? Which are the most important? What are some examples of how ratios are used in the decision making process?

Week 5

Individual Assignment Week Five

Resources: Ch. 13 & 14 of Financial Accounting.

Complete Exercises E13-8 & E14-3.

Submit utilizing the Microsoft® Excel® template provided in the Course Materials forum.

1 Answer

Answered by 3 years ago
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 ACC 291

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Excerpt from file: Individual Assignment Week 5 Accounting 291 E13-8 Here are comparative balance sheets for Taguchi Company. SCULLY CORPORATION Comparative Balance Sheets December 31 Assets 2011 2010 Cash 73,000 22,000 Accounts receivable 85,000 76,000 Inventories...

Filename: ACC 291.zip

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Asked: 3 years ago

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