Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
6 Cards in this Set
- Front
- Back
|
ACC 206 Entire Course / Principles of Accounting II (Updated October 2013)
Copy the link: http://www.homeworkmade.com/acc/acc-206-updated-october-2013/acc-206-entire-course-principles-of-accounting-ii-updated-october-2013/ |
ACC 206 Week 1 Chapter 1 Critical Thinking Question 5.doc ACC 206 Week 1 Problem 2 Classification of activities (Updated October 2013) ACC 206 Week 1 Problem 3 Overview of direct and indirect methods (Updated October 2013) ACC 206 Week 1 Problem 4 Equipment transaction and cash flow reporting (Updated October 2013) ACC 206 Week 1 Problem 5 Cash flow information Direct and indirect methods (Updated October 2013) ACC 206 Week 1 DQ 1 Cash Flows Information .docx ACC 206 Week 1 DQ 2 Apple's Cash Flow.docx ACC 206 Week One Assignment (Updated October 2013) ACC 206 Week 2 Problem 1 Analysis of stockholders' equity (Updated October 2013) ACC 206 Week 2 Problem 2 Bond computations Straight-line amortization (Updated October 2013) ACC 206 Week 2 Problem 3 Definitions of manufacturing concepts (Updated October 2013) ACC 206 Week 2 Problem 4 Schedule of cost of goods manufactured, income statement (Updated October 2013) ACC 206 Week 2 Problem 5 Manufacturing statements and cost behavior (Updated
|
|
|
ACC 206 Week One Assignment (Updated October 2013)
Copy the link: http://www.homeworkmade.com/acc-206-updated-october-2013/acc-206-week-one-assignment-updated-october-2013/ |
Week One Problems. Please complete the 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. 1. Critical Thinking Question: Answer the following questions: What is the purpose of the statement of cash flows? What are the three main categories and give examples for each category? 2. Classification of activities Classify each of the following transactions as arising from an operating (O), investing (I), financing (F), or noncash investing/financing (N) activity. a. ________ Acquired a new laser printer by paying $950. b. ________ Received $70,000 from the issuance of common stock. c. ________ Paid $1,500 of interest on a note payable. d. ________ Purchased $9,800 of merchandise for cash. e. ________ Received $10,200 from cash sales. f |
|
|
ACC 206 Week Two Assignment (Updated October 2013)
Copy the link: http://www.homeworkmade.com/acc-206-updated-october-2013/acc-206-week-two-assignment-updated-october-2013/ |
Week Two Problems. Please complete the 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.
1. Analysis of stockholders' equity Star Corporation issued both common and preferred stock during 20X8. The stockholders' equity sections of the company's balance sheets at the end of 20X8 and 20X7 follow. 20X8 20X7 Preferred stock, $100 par value, 10% $600,000 $500,000 Common stock, $10 par value 2,350,000 1,550,000 Paid -in capital in excess of par value Preferred 24,000 — Common 4,620,000 3,600,000 Retained earnings 8,470,000 6,920,000 Total stockholders' equity $16,064,000 $12,570,000 |
|
|
ACC 206 Week Three Assignment (Updated October 2013)
Copy the link: http://www.homeworkmade.com/acc/acc-206-updated-october-2013/acc-206-week-three-assignment-updated-october-2013/ |
1. Overhead application: Working backward
The Towson Manufacturing Corporation applies overhead on the basis of machine hours. The following divisional information is presented for your review: Division A Division B Actual machine hours 26,500 ? Estimated machine hours 20,000 ? Overhead application rate $5.00 $6.00 Actual overhead $120,000 ? Estimated overhead ? $90,000 Applied overhead ? $87,000 Over- (under-) applied overhead ? $8,500 FIND THE UNKNOWN FOR EACH OF THE DIVISIONS. 2. Computations using a job order system Spencer Corporation employs a job order cost system. On May 1 the following balances were extracted from the general ledger; Work in process $ 36,200 |
|
|
ACC 206 Week Four Assignment (Updated October 2013)
Copy the link: http://www.homeworkmade.com/acc-206-updated-october-2013/acc-206-week-four-assignment-updated-october-2013/ |
1. Comprehensive budgeting
The balance sheet of Watson Company as of December 31, 20X8, follows. WILLIAMS COMPANY Balance Sheet December 31, 20X1 Assets Cash $4,595 Accounts receivable 10,000 Finished goods (575 units x $7.00) 4,025 Direct materials (2,760 units x $0.50) 1,380 Plant & equipment $50,000 Less: Accumulated depreciation 10,000 40,000 Total assets $60,000 Liabilities & Stockholders' Equity Accounts payable to suppliers $14,000 Common stock $25,000 Retained earnings 21,000 46,000 Total liabilities &. stockholders' equity $60,000 |
|
|
ACC 206 Week Five Assignment (Updated October 2013)
Copy the link: http://www.homeworkmade.com/acc-206-updated-october-2013/acc-206-week-five-assignment-updated-october-2013/ |
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 an 11% rate of return. b. An annual receipt of $16,000 over the next 12 years, discounted at an 11% 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 12% 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. |
