ACC 205 Entire Course (Ash Course)
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ACC 205 Week 1 Assignment P2-53B Correcting errors in a trial balance ACC 205 Week 1 DQ 1 Ethical Issues ACC 205 Week 1 DQ 2 Debit and Credit ACC 205 Week 2 Assignment P3-32A, P3-33A, E4-21, P4-25A ACC 205 Week 2 DQ 1 Ethical Issue 3-1 ACC 205 Week 2 DQ 2 Adjusting Entries ACC 205 Week 3 Assignment E5-16 ,E6-23 ,E6-28, P5-29A ACC 205 Week 3 DQ 1 Ethical Issue 5-1 ACC 205 Week 3 DQ 2 FIFO and LIFO ACC 205 Week 4 Assignment P7-31A, P8-32A, P8-26A, P8-27A, P7-27A
ACC 205 Week 4 DQ 1 Fraud Case 7-1 ACC 205 Week 4 DQ 2 Bad Debts ACC 205 Week 5 Assignment P10-18A ,E9-24, E9-21, P9-28A, P10-15A ACC 205 Week 5 DQ 1 Fraud Case 9-1 ACC 205 Week 5 DQ 2 Current Liabilities ACC 205 Week 5 Assignment Final Paper ---------------------------------------------ACC 205 Week 1 Assignment P2-53B Correcting errors in a trial balance (Ash Course)
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P2-53B Correcting errors in a trial balance The trial balance for Treasure Hunt Exploration Company does not balance. Treasure Hunt Exploration Company Trial Balance
July 31, 2012 Cash 6,600 Accounts receivable Supplies
9,000 200
Exploration equipment Computers
22,600 46,000
Accounts payable Note payable
2,900 18,900
Common stock Dividends
50,100 1,000
Service revenue Salary expense
4,900 1,800
Rent expense 100 Advertising expense 100 Utilities expense Total
$88,100
700 $76,800
The following errors were detected: a. The cash balance is overstated by $1,000. b. Rent expense of $300 was erroneously posted as a credit rather than a debit. c. A $6,000 credit to Service revenue was not posted.
d. A $500 debit to Accounts receivable was posted as $50. e. The balance of Utilities expense is understated by $90. f. A $600 purchase of supplies on account was neither journalized nor posted. g. Exploration equipment should be $17,160. ----------------------------------------------
ACC 205 Week 1 DQ 1 Ethical Issues (Ash Course)
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What is the fundamental ethical issue in this situation?How do the two suggestions of the company owner differ? ----------------------------------------------
ACC 205 Week 1 DQ 2 Debit and Credit (Ash Course)
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Define the terms “debit” and “credit”. Explain how debits and credits affect the following: assets, liabilities, owner’s capital account, revenues and expenses. Respond to at least two of your classmates’ postings. ----------------------------------------------
ACC 205 Week 2 Assignment P3-32A, P3-33A, E4-21, P4-25A (Ash Course)
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ACC 205 Week 2 Assignment P3-32A, P3-33A, E4-21, P4-25A ----------------------------------------------
ACC 205 Week 2 DQ 1 Ethical Issue 3-1 (Ash Course)
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From Chapter 3, Ethical Issue 3-1 Compute the overall effects of these transaction o the store’s reported income 2014. Why is Steinbach taking this action? Is his action ethical? Give your reason, identifying the parties helped and the parties harmed by Steinbach’s action.
As a personal friend, what advice would you give the accountant? ----------------------------------------------
ACC 205 Week 2 DQ 2 Adjusting Entries (Ash Course)
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Explain the purpose of adjusting entries. How is net income affected if adjusting entries are not made? Describe the four closing entries and explain their purpose. Respond to at least two of your classmates’ postings. ----------------------------------------------
ACC 205 Week 3 Assignment E5-16 ,E6-23 ,E6-28, P5-29A (Ash Course)
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ACC 205 Week 3 Assignment E5-16 ,E6-23 ,E6-28, P5-29A ----------------------------------------------
ACC 205 Week 3 DQ 1 Ethical Issue 5-1 (Ash Course)
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From Chapter 5, Ethical Issue 5-1
Under Dobbs’ FOB policy, when should the company record a sale? Do you approve or disapprove of Dobbs’ manner of deciding when to ship goods to customers and record the sales revenue? If you approve, give your reason. If you disapprove, identify a better way to decide when to ship goods. ----------------------------------------------
ACC 205 Week 3 DQ 2 FIFO and LIFO (Ash Course)
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Describe the inventory valuation methods FIFO and LIFO. Which items are included in ending inventory under each method? Respond to at least two of your classmates’ postings. ----------------------------------------------
ACC 205 Week 4 Assignment P7-31A, P8-32A, P8-26A, P8-27A, P7-27A (Ash Course)
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ACC 205 Week 4 Assignment P7-31A, P8-32A, P8-26A, P8-27A, P7-27A ----------------------------------------------
ACC 205 Week 4 DQ 1 Fraud Case 7-1 (Ash Course)
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Fraud Case 7-1. What was the key control weakness in this case? Many small businesses cannot afford to hire enough people for adequate separation of duties. What can they do to compensate for this? ----------------------------------------------
ACC 205 Week 4 DQ 2 Bad Debts (Ash Course)
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Discuss the allowance method and the direct write-off method of accounting for bad debts. When is the expense for uncollected accounts receivable recognized under each method? Respond to at least two of your classmates’ postings. ----------------------------------------------
ACC 205 Week 5 Assignment Final Paper (Ash Course)
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ACC 205 Week 5 Assignment Final Paper Submit a paper on one of the major topics listed below using course topics previously referenced as the basis for the paper and incorporating at least two other related articles of the student’s choice: How have modern accounting systems made a difference in modern organizations? ----------------------------------------------
ACC 205 Week 5 Assignment P10-18A ,E9-24, E9-21, P9-28A, P10-15A (Ash Course)
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ACC 205 Week 5 Assignment P10-18A ,E9-24, E9-21, P9-28A, P10-15A ----------------------------------------------
ACC 205 Week 5 DQ 1 Fraud Case 9-1 (Ash Course)
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From Chapter 9, Fraud Case 9-1 When a business sells a fully depreciated asset for its salvage value, is a gain or loss recognized? How do businesses determine what salvage values to use for their various assets? Are there “hard and fast� rules for salvage values? How would an organization prevent the kind of fraud depicted here? ----------------------------------------------
ACC 205 Week 5 DQ 2 Current Liabilities (Ash Course)
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There are two types of current liabilities that must be estimated. Describe them and explain why they must be estimated. How are the financial statements affected if they are not estimated? Respond to at least two of your classmates’ postings. ----------------------------------------------
ACC 205 Week 5 Final Paper Paper (Boeing General Electric Lowes Home) (3 Papers)
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This Tutorial contains 2 Papers Paper 1: Walmart Paper 2: Qualcomm Final Paper
Focus of the Final Paper
Write a five to seven page financial statement analysis of a public company, and formatted according to APA style as outlined in the
Ashford Writing Center. In this analysis you will discuss the financial health of this company with the ultimate goal of making a recommendation to other investors. Your paper should consist of the following sections: introduction, company overview, horizontal analysis, ratio analysis, final recommendation, and conclusions.
Here is a breakdown of the sections within the body of the assignment:
Company Overview Provide a brief overview of your company (one to two paragraphs at most). What industry is it in? What are its main products or services? Who are its competitors?
Horizontal Analysis of Income Statement and Balance Sheet Prepare a three-year horizontal analysis of the income statement and balance sheet of your selected company. Discuss the importance and meaning of horizontal analysis. Discuss both the positive and negative trends presented in your company.
Ratio Analysis Calculate the current ratio, quick ratio, cash to current liabilities ratio, over a two year period. Discuss and interpret the ratios that you calculated. Discuss potential liquidity issues based on your calculations of the current and quick ratios. Are there any factors
that could be erroneously influencing the results of the ratios? Discuss liquidity issues of competitive companies within the same industry.
Recommendation Based on your analysis would you recommend an individual invest in this company? What strengths do you see? What risks do you see? It is perfectly acceptable to state that you would recommend avoiding this company as long as you provide support for your position.
Writing the Final Paper
1. Must be five to seven double-spaced pages in length, and formatted according to APA style as outlined in the Ashford Writing Center. 2. Must include a title page with the following: a. Title of paper b. Student’s name c. Course name and number d. Instructor’s name e. Date submitted 3. Must begin with an introductory paragraph that has a succinct thesis statement.
4. Must address the topic of the paper with critical thought. 5. Must end with a conclusion that reaffirms your thesis. 6. Must document all sources in APA style, as outlined in the Ashford Writing Center. 7. Must include a separate reference page, formatted according to APA style as outlined in the Ashford Writing Center.
Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignment. ----------------------------------------------
ACC 205 Week 5 Final Paper Paper (Boeing General Electric Lowes Home) (3 Papers)
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This Tutorial contains 3 Papers Paper 1: Boeing Paper 2: General Electric
Paper 3: Lowe’s Home
Final Paper
Focus of the Final Paper
Write a five to seven page financial statement analysis of a public company, and formatted according to APA style as outlined in the Ashford Writing Center. In this analysis you will discuss the financial health of this company with the ultimate goal of making a recommendation to other investors. Your paper should consist of the following sections: introduction, company overview, horizontal analysis, ratio analysis, final recommendation, and conclusions.
Here is a breakdown of the sections within the body of the assignment:
Company Overview Provide a brief overview of your company (one to two paragraphs at most). What industry is it in? What are its main products or services? Who are its competitors?
Horizontal Analysis of Income Statement and Balance Sheet
Prepare a three-year horizontal analysis of the income statement and balance sheet of your selected company. Discuss the importance and meaning of horizontal analysis. Discuss both the positive and negative trends presented in your company.
Ratio Analysis Calculate the current ratio, quick ratio, cash to current liabilities ratio, over a two year period. Discuss and interpret the ratios that you calculated. Discuss potential liquidity issues based on your calculations of the current and quick ratios. Are there any factors that could be erroneously influencing the results of the ratios? Discuss liquidity issues of competitive companies within the same industry.
Recommendation Based on your analysis would you recommend an individual invest in this company? What strengths do you see? What risks do you see? It is perfectly acceptable to state that you would recommend avoiding this company as long as you provide support for your position.
Writing the Final Paper
1. Must be five to seven double-spaced pages in length, and formatted according to APA style as outlined in the Ashford Writing Center.
2. Must include a title page with the following: a. Title of paper b. Student’s name c. Course name and number d. Instructor’s name e. Date submitted 3. Must begin with an introductory paragraph that has a succinct thesis statement. 4. Must address the topic of the paper with critical thought. 5. Must end with a conclusion that reaffirms your thesis. 6. Must document all sources in APA style, as outlined in the Ashford Writing Center. 7. Must include a separate reference page, formatted according to APA style as outlined in the Ashford Writing Center.
Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignment. Related Tutorials ----------------------------------------------