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ACC 300 Entire Course And Final Guide

For more course tutorials visit www.acc300.com ACC 300 Entire Course And Final Guide -------------------------------------------------------------

ACC 300 Entire Course

For more course tutorials visit www.acc300.com ACC 300 Week 2 Individual Assignment Accounting Equation paper ACC 300 Week 2 Individual Problem Set P1-3A and P3-5A ACC 300 Week 3 Learning Team Assignment Working With Financial Statements ACC 300 Week 3 Team Assignment problem 4-2A ACC 300 Week 4 Individual Problem Set II P2-6A and P13-2A ACC 300 Week 5 Final Exam Guide ACC 300 Week 5 Team Assignment Global Environments (McDonalds) ACC 300 Week 5 Team Assignment Problem Set PE-2, E7-5, E7-6, E79

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ACC 300 Final Exam Guide

For more course tutorials visit www.acc300.com Final Exam Guide Set of 30 Questions 1) Which of the following statements is true?

2) Notes to the financial statements include which of the following:

3) Which of the following financial statements is divided into major categories of operating, investing, and financing activities?

4) If the retained earnings account increases from the beginning of the year to the end of the year, then

5) If services are rendered on account, then

6) An investment by the stockholders in a business increases

7) Using accrual accounting, expenses are recorded and reported only:


8) A small company may be able to justify using a cash basis of accounting if they have:

9) Stockholders’ equity can be described as claims of

10) Common stock is reported on the

11) The Vintage Laundry Company purchased $6,500 worth of laundry supplies on June 2 and recorded the purchase as an asset. On June 30, an inventory of the laundry supplies indicated only $2,000 on hand. The adjusting entry that should be made by the company on June

12) On July 1 the Fisher Shoe Store paid $15,000 to Acme Realty for 6 months rent beginning July 1. Prepaid Rent was debited for the full amount.

13) Use the following data to determine the total dollar amount of assets to be classified as current assets.

14) Use the following data to calculate the current ratio. KoonceOffice Supplies Balance Sheet December 31, 2012 Cash $130,000 Accounts Payable $140,000 Prepaid Insurance 60,000 Salaries Payable 20,000 Accounts Receivable 100,000 Mortgage Payable 160,000


15) In horizontal analysis, each item is expressed as a percentage of the

16) When a change in depreciation method occurs:

17) Which of the following statements is true with respect to financial statement reporting for all cases when a company changes from one acceptable accounting method to another?

18) Which of the following would be considered a change in accounting principle?

19) From an internal control standpoint, the asset most susceptible to improper diversion and use is

20) A very small company would have the most difficulty in implementing which of the following internal control activities?

21) The reconciliation of the cash register tape with the cash in the register is an example of

22) Deposits in transit


23) Which of the following items on a bank reconciliation would require an adjusting entry on the company’s books?

24) Notification by the bank that a deposited customer check was returned NSF requires that the company make the following adjusting entry:

25) Why do pension and mutual funds invest in debt and equity securities?

26) Which of the following is a debt security?

27) Reed Company acquires 80 Holmes 10%, 5 year, $1,000 bonds on January 1, 2012 for $82,000. This includes a brokerage commission of $2,000. The journal entry to record this investment includes a debit to

28) Reed Company acquires 80 Holmes 10%, 5 year, $1,000 bonds on January 1, 2012 for $82,000. This includes a brokerage commission of $2,000. Assume Holmes pays interest semiannually and the July 1 entry was done correctly. The journal entry at December 31, 2012 would include a credit to 29) A company that owns more than 50% of the common stock of another company is known as the


30) If a parent company has two wholly owned subsidiaries, how many legal and economic entities are there from the viewpoint of the shareholders of the parent company? -------------------------------------------------------------

ACC 300 Week 2 Individual Assignment Accounting Equation paper

For more course tutorials visit www.acc300.com Write a 350-word essay describing the accounting equation. Include how the accounting equation relates to the components of the balance sheet, Provide examples that show how the components of the accounting equation affect each other and how transactions affect the accounting equation. Format your paper consistent with APA guidelines. -------------------------------------------------------------

ACC 300 Week 2 Individual Problem Set P1-3A and P3-5A

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Complete the following problem sets in Ch. 1 & 3 of Financial Accounting:

• P1-3A • P3-5A -------------------------------------------------------------

ACC 300 Week 3 Learning Team Assignment Working With Financial Statements

For more course tutorials visit www.acc300.com Part I: Write a 1,400- to 1,750-word paper explaining the following: • Revenue recognition principle • Expense recognition principle Describe the four situations that require adjusting journal entries and provide one example for each: • Prepaid expenses • Unearned revenues • Accrued expenses • Accrued revenues Format the paper consistent with APA guidelines.


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ACC 300 Week 3 Team Assignment problem 4-2A

For more course tutorials visit www.acc300.com Complete problem set P4-2A in Ch. 4 of Financial Accounting. -------------------------------------------------------------

ACC 300 Week 3 Weekly Reflection

For more course tutorials visit www.acc300.com Discuss this week’s objectives with your team. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field. Prepare a 350- to 1,050-word paper detailing the findings of your discussion. Click the Assignment Files tab to submit your assignment. -------------------------------------------------------------

ACC 300 Week 4 Individual Problem Set II P2-6A and P13-2A

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www.acc300.com Complete the following problem sets in Ch. 2 & 13 of Financial Accounting: • P2-6A • P13-2A -------------------------------------------------------------

ACC 300 Week 5 Team Assignment Global Environments (McDonalds)

For more course tutorials visit www.acc300.com Write a 1,050- to 1,400-word paper in which you research a publicly traded corporation that has exhibited global business strategies. Summarize and include the organization’s financial statements. Analyze the corporation’s most recent financial statements and answer the following:

• How are the corporation’s debt securities reported on the financial statements? • How are the corporation’s stock investments reported on the financial statements? • Why would the corporation invest in stocks and debt securities?


• What are the corporation’s relative risks and rewards of equity versus debt securities? • What is the difference between equity and debt securities?

Use the organization’s financial statements to determine its financial health. Identify examples from the organization’s financial statements to justify the team’s responses. Format your paper consistent with APA guidelines. -------------------------------------------------------------

ACC 300 Week 5 Team Assignment Global Environments (Wal Mart)

For more course tutorials visit www.acc300.com Write a 1,050- to 1,400-word paper in which you research a publicly traded corporation that has exhibited global business strategies. Summarize and include the organization’s financial statements. Analyze the corporation’s most recent financial statements and answer the following:

· How are the corporation’s debt securities reported on the financial statements?


· How are the corporation’s stock investments reported on the financial statements? · Why would the corporation invest in stocks and debt securities? · What are the corporation’s relative risks and rewards of equity versus debt securities? · What is the difference between equity and debt securities?

Use the organization’s financial statements to determine its financial health. Identify examples from the organization’s financial statements to justify the team’s responses. Format your paper consistent with APA guidelines. -------------------------------------------------------------

ACC 300 Week 5 Team Assignment Problem Set PE-2, E7-5, E7-6, E7-9

For more course tutorials visit www.acc300.com Complete the following problem sets in Ch. 7 and Appendix E of Financial Accounting:

• PE-2 • E7-5


• E7-6 • E7-9 -------------------------------------------------------------


Acc 300 entire course and final guide