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ACC 206 Entire Course *Principles of Accounting II*

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ACC 206 Week 1 Chapter 1 Critical Thinking Question 5.doc ACC 206 Week 1 Chapter 1 Exercise 1.doc ACC 206 Week 1 Chapter 1 Exercise 4.docx ACC 206 Week 1 Chapter 1 Exercise 6.docx ACC 206 Week 1 Chapter 1 Problem 3.doc ACC 206 Week 1 DQ 1 Cash Flows Information .docx ACC 206 Week 1 DQ 2 Apple's Cash Flow.docx ACC 206 Week 2 Chapter 2 Exercise 1.doc ACC 206 Week 2 Chapter 2 Exercise 3.doc ACC 206 Week 2 Chapter 2 Problem 1.doc ACC 206 Week 2 Chapter 3 Exercise 1.doc ACC 206 Week 2 Chapter 3 Exercise 2.doc ACC 206 Week 2 Chapter 3 Exercise 5.doc ACC 206 Week 2 Chapter 3 Problem 3.doc ACC 206 Week 2 DQ 1 Stock Features.docx ACC 206 Week 2 DQ 2 Role of Management Accounting.docx ACC 206 Week 2 Journal Institute of Management Accounting .docx ACC 206 Week 3 Chapter 4 Exercise 3-Cleveland Metals.xlsx ACC 206 Week 3 Chapter 4 Exercise 7-Towson Manufacturing Corporation.xlsx ACC 206 Week 3 Chapter 5 Exercise 1-Heritage Products.xlsx ACC 206 Week 3 Chapter 5 Exercise 2-Regency Hotel.xlsx ACC 20
ACC 206 Week 1 Assignment Chapter 1 Problems and Exercises

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Chapter One Problems

Please complete the following 5 exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document, and submit it in the appropriate week using the Assignment Submission button.

Ch 1 Critical Thinking Question 5:
Answer the following questions:
Why are noncash transactions, such as the exchange of common stock a building, included on a statement of cash flows? How are these noncash transactions disclosed?

Chapter 1 Exercise 1:
ACC 206 Week 2 Assignment Chapter 2 and 3 Problems and Exercises, DQs

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Please complete the following 7 exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document, and submit it in the appropriate week using the Assignment Submission button.

Chapter 2 Exercise 1
1. Issuance of stock
Prepare journal entries to record the issuance of 100,000 shares of common stock at $20 per share for each of the following independent cases:
a. Jackson Corporation has common stock with a par value of $1 per share.
b. Royal Corporation has no-par common with a stated value of $5 D share.
c. French Corporation has no-par common; no stated value has been as signed


Chapter 2 Exercise 3
3. Analysis of stockholders' equity
Star Corporation issued both common and preferred stock during 19X6. The stockholders' equity sections of the company's balance sheets at the end of 19X6 and 19X5 follow.
ACC 206 Week 3 Assignment Chapter 4 and 5 Problems and Exercises, DQs, Journal

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Please complete the following 7 exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document, and submit it in the appropriate week using the Assignment Submission button.

Chapter 4 Exercise 3
3. Cost flows and overhead application
Cleveland Metals uses a job cost system and applies factory overhead to production at a predetermined rate of 180% of direct labor cost. Data pertaining to recent operations follow.
· Job no. 636 was the only job in process on January 1 of the current year. The Work in Process account contained a $24,600 balance on this date.
· Jobs no. 637, 638, and 639 were started during January.
· Total direct material requisitions and direct labor incurred during January amounted to $89,200 and $114,500, respectively.
· The only job that remained in process on January 31 was job no. 638, with costs of $15,000 for direct materials
ACC 206 Week 4 Assignment Chapter 6 and 7 Problems and Exercises, DQs

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Please complete the following 8 exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document, and submit it in the appropriate week using the Assignment Submission button.

Chapter 6 Exercise 2
2. Schedule of cash collections
Sugarland Company sells a single product and anticipates opening a new facility in Charlotte on May 1 of the current year. Expected sales during the first three months of activity are: May, $60,000; June, $80,000; and July, $85,000. Thirty percent of all sales are for cash; the remaining 70% are on account. Credit sales have the following collection pattern: Collected in the month of sale 60%
Collected in the month following sale 35 Uncollectible 5

a. Prepare a schedule of cash collections for May through July.
b. Compute the expected balance in Accounts Receivable as of July 31.
ACC 206 Week 5 Assignment Chapter 8 Problems and Exercises, DQs and FINAL

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Please complete the following 5 exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document, and submit it in the appropriate week using the Assignment Submission button.

Chapter 8 Exercise 1:
1. Basic present value calculations
Calculate the present value of the following cash flows, rounding to the nearest dollar:
a. A single cash inflow of $12,000 in five years, discounted at a 12% rate of return.
b. An annual receipt of $16,000 over the next 12 years, discounted at a 14% rate of return.
c. A single receipt of $15,000 at the end of Year 1 followed by a single receipt of $10,000 at the end of Year 3. The company has a 10% rate of return.
d. An annual receipt of $8,000 for three years followed by a single receipt of $10,000 at the end of Year 4. The company has a 16% rate of return.

Chapter 8 Exercise 4:
4. Cash flow calculations and net pres