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ACC 291 Week 3 DQs - $5.29

ACC 291 Week 3 DQs

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?

ACC 291 Week 3 - $9.50

ACC 291 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?

ACC 291 Week 4 Exercises E11-15 & E12-2. - $7.50

ACC 291 Week 4 Exercises E11-15 & E12-2.

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.

ACC 291 Week 4 DQs - $5.29

ACC 291 Week 4 DQs

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?

ACC 291 Week 4 - $9.50

ACC 291 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?

ACC 291 Week 5 Exercises E13-8 & E14-3 - $7.50

ACC 291 Week 5 Exercises E13-8 & E14-3

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

ACC 291 Complete Course - $35.00

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.

ACC 421 All DQs - $13.29

ACC 421 All DQs

Week 1

What are the major objectives of financial reporting? Who uses financial reporting? What type of information will each user group need? Why?

What is the purpose of generally accepted accounting principles (GAAP) and the accounting cycle? Is it possible to deviate from GAAP and the accounting cycle and still prepare financial statements? Why? What are some possible consequences of this course of action?

What organizations are responsible for governing financial reporting? What is the role of each organization? How have the roles changed in the last 20 years? How might their roles change in the next 20 years?

Week 2

What are different criteria for recognizing revenue? Why are there so many revenue recognition methods? Why are the methods subjective, and what are the implications on income statement quality?

What are the differences between regular and irregular items on an income statement? What are the requirements for items to qualify as irregular? What are some examples of irregular items? What is the effect of irregular items on an investor’s analysis of a company?

What is included in other comprehensive income? Why are items included in other comprehensive income, but not included in net income? Should these items be included in net income or not included at all? Explain your answer.

Week 3

What information is contained in the balance sheet? What are limitations of the balance sheet? How can balance sheet limitations be overcome?

What does full disclosure mean? How does full disclosure affect financial reporting? Are there any ethical implications to what must be reported in order to comply with full disclosure? Explain. What recommendations would you make to management regarding what must be disclosed?

What information is provided in the auditors’ report? Does the audit report offer any guarantees? Explain. What do you think the general public believes the auditors are providing in the audit report?

Week 4

What does a statement of cash flows tell you about a company? Why is the statement of cash flows important? Can a company have profits but no cash? Why?

What is included in each section of the statement of cash flows? What does each section tell you about a company? Which of the three classifications of activities included on a statement of cash flows is the most important? Why?

What are the differences between the direct and indirect method of presenting a statement of cash flows?  Which method of presenting a statement of cash flows is the best?  Why?  How does the statement of cash flows relate to the other financial statements?

Week 5

What is the time value of money (TVM)? Why is this concept important in accounting? Under what circumstances might we use TVM calculations?

When might we use present value calculations? When might we use future value calculations? Which is more likely to be used in accounting? Why?

What effect do interest rates have on the calculation of future and present value? How does the length of time affect future and present value? How do these two factors correlate?

ACC Week 1 421 CA1-11 CA1-12 - $7.50

ACC 421 CA1-11 CA1-12

Individual Assignments From the Text

Resource: Intermediate Accounting

Write responses to Concepts for Analysis CA1-11 & CA1-12 in Ch. 1 of Intermediate Accounting.

ACC 421 Week 1 DQs - $5.29

ACC 421 Week 1 DQs

What are the major objectives of financial reporting? Who uses financial reporting? What type of information will each user group need? Why?

What is the purpose of generally accepted accounting principles (GAAP) and the accounting cycle? Is it possible to deviate from GAAP and the accounting cycle and still prepare financial statements? Why? What are some possible consequences of this course of action?

What organizations are responsible for governing financial reporting? What is the role of each organization? How have the roles changed in the last 20 years? How might their roles change in the next 20 years?