ACC 291 GENIUS NEW Education Begins--acc291genius.com

Views:
 
Category: Education
     
 

Presentation Description

FOR MORE CLASSES VISIT www.acc291genius.com 1. The term “receivables” refers to cash to be paid to debtors. merchandise to be collected from individuals

Comments

Presentation Transcript

Slide 1:

ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 2:

ACC 291 Final Exam Guide (New, 2019, 100% Score) FOR MORE CLASSES VISIT www.acc291genius.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. 2. Three accounting issues associated with accounts receivable are depreciating, valuing, and collecting. depreciating, returns, and valuing. accrual, bad debts, and accelerating collections. recognizing, valuing, and ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 3:

ACC 291 Week 1 Assignment Comparative Analysis Problem (2 Papers) FOR MORE CLASSES VISIT www.acc291genius.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 ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 4:

ACC 291 Week 1 Practice Connect Practice Assignment FOR MORE CLASSES VISIT www.acc291genius.com   ACC 291 Week 1 Practice Connect Practice Assignment attempt 1 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 ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 5:

ACC 291 Week 1 Wileyplus Assignment E8-4, E8-11, BYP8-1, and BYP8-2 (New) FOR MORE CLASSES VISIT www.acc291genius.com   Wiley Plus Assignment Week 1 ·E8-4, E8-11, BYP8-1, and BYP8-2 in MS Excel Exercise 8-4 Wainwright Company ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 6:

ACC 291 Week 2 - Fordyce and Atwater (New) FOR MORE CLASSES VISIT www.acc291genius.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. ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 7:

ACC 291 Week 2 Assignment Financial Reporting Problem, Apple Inc FOR MORE CLASSES VISIT www.acc291genius.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 ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 8:

ACC 291 Week 2 Apply Connect Assignment (Score 10/10) (with Excel File) FOR MORE CLASSES VISIT www.acc291genius.com   This Tutorial contains an Excel File which can be used for any change in values ACC 291 Week 2 Apply Connect Assignment 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 ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 9:

ACC 291 Week 2 Textbook Exercise BE 8-8, E8-4, E8-14, E9-4 FOR MORE CLASSES VISIT www.acc291genius.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 Allowances $40,000. Instructions (a) If Macarty uses the direct write ‐ off method to account for uncollectible ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 10:

ACC 291 Week 2 Practice Connect Practice Assignment (Score 10/10) FOR MORE CLASSES VISIT www.acc291genius.com   Question 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. ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 11:

ACC 291 Week 2 Wileyplus Assignment P8-3A, BE9-11, DI9-5, E9-7, E9-8, BYP9, P9-2A (New) FOR MORE CLASSES VISIT www.acc291genius.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. ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 12:

ACC 291 Week 3 Assignment The Liabilities Section of O’Brian’s Balance Sheet FOR MORE CLASSES VISIT www.acc291genius.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 ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 13:

ACC 291 Week 3 Apply Connect Assignment (Score 10/10) (With Excel File) FOR MORE CLASSES VISIT www.acc291genius.com   This Tutorial contains an Excel File which can be used for any change in values ACC 291 Week 3 Apply Connect Assignment 1. On August 1, 2019, the accountant for Western Imports downloaded the company's July 31, 2019, bank statement from the bank's Website. The balance shown on the bank statement was $28,710. The July 31, 2019, balance in the Cash account in the general ledger was $14,537. ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 14:

ACC 291 Week 3 Exercise BE 1-2, BE 10-3, BE 10-4, BE 10-5, BE 10-14 FOR MORE CLASSES VISIT www.acc291genius.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 ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 15:

ACC 291 Week 3 Practice Connect Practice Assignment (100% Score) FOR MORE CLASSES VISIT www.acc291genius.com   ACC 291 Week 3 Practice Connect Practice Assignment attempt 1 1 Florence Company received a bank statement showing a balance of $13,550 on November 30, 2019. During the bank reconciliation process, Florence’s accountant noted the following bank errors: A check for $265 issued by Florentine, Inc., was mistakenly charged to Florence Company’s account. Check 2782 was written for $200 but was ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 16:

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 CLASSES VISIT www.acc291genius.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 ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 17:

ACC 291 Week 4 Apply Connect Assignment (With Excel file) FOR MORE CLASSES VISIT www.acc291genius.com   This Tutorial contains an Excel File which can be used for any change in values (CONTAINS ALL QUESTIONS, SCROLL DOWN TO CHECK) Assignment 1 a.-b. Merchandise Inventory, before adjustment, has a ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 18:

ACC 291 Week 4 Exercise E11-2, E11-5, E11-7, E11-13 FOR MORE CLASSES VISIT www.acc291genius.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. July  11 Issued 3,000 shares of $100 par value preferred stock for cash at $106 per share. Nov. 28 Purchased 2,000 shares of treasury stock for $9,000. Prepare correct ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 19:

ACC 291 Week 4 Practice Connect Assignment (100% Score) FOR MORE CLASSES VISIT www.acc291genius.com   ACC 291 Week 4 Practice Connect Practice Assignment attempt 1 1 1. During the year 2019, Sampson Company had net credit sales of $1,950,000. Past experience shows that 1.5 percent of the firm’s net credit sales result in uncollectible accounts. 2. Equipment purchased by Park Consultancy for $38,220 on January 2, 2019, has an estimated useful life of 10 years and an estimated salvage value of ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 20:

ACC 291 WEEK 4 Stockholders’ Equity Section of the Balance Sheet ( Lachlin Corporation Balance Sheet) FOR MORE CLASSES VISIT www.acc291genius.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: ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 21:

ACC 291 Week 5 Apply Connect Assignment (Score 10/10) (with Excel File) FOR MORE CLASSES VISIT www.acc291genius.com   This Tutorial contains an Excel File which can be used for any change in values 1 The Artisan Wines is a retail store selling vintage wines. On December 31, 2019, the firm’s general ledger contained the ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 22:

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 CLASSES VISIT www.acc291genius.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 ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 23:

ACC 291 Week 5 Assignment Financial Reporting Problem II FOR MORE CLASSES VISIT www.acc291genius.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 ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 24:

ACC 291 Week 5 Connect Practice Connect Assignment (Score 100%) FOR MORE CLASSES VISIT www.acc291genius.com   Coffee Bean Artisan wines Good to Go Auto Products Superior Hardware Healthy Eating Foods Company The data below concerns adjustments to be made at Coffee Bean Importers. Adjustments a. On ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 25:

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 CLASSES VISIT www.acc291genius.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 ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 26:

ACC 291 Week 5 Exercise E12-3, E12-10 FOR MORE CLASSES VISIT www.acc291genius.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 ACC 291 GENIUS NEW Education Begins--acc291genius.com

Slide 27:

ACC 291 GENIUS NEW Education Begins--acc291genius.com

authorStream Live Help