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10 Cards in this Set
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ACC 400 Week 1 DQ 1 ACC 400 Week 1 DQ 2 ACC 400 Week 1 DQ 3 ACC 400 Week 1 DQ 4 |
ACC 400 Week 1 DQ 1 ACC 400 Week 1 DQ 2 ACC 400 Week 1 DQ 3 ACC 400 Week 1 DQ 4 |
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ACC 400 Week 1 E-text Individual Assignments - Problem Set P7-3B & Exercise E9.4 & Exercise 9.8 ACC 400 Week 1 Summary
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ACC 400 Week 1 E-text Individual Assignments - Problem Set P7-3B & Exercise E9.4 & Exercise 9.8 ACC 400 Week 1 Summary
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ACC 400 Week 2 DQ 1 ACC 400 Week 2 DQ 2 ACC 400 Week 2 DQ 3
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ACC 400 Week 2 DQ 1 ACC 400 Week 2 DQ 2 ACC 400 Week 2 DQ 3
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ACC 400 Week 2 E-text Individual Assignments - Chapter 8 Questions 3 and 4, Exercise E8-5 & Exercise E9.9 ACC 400 Week 2 Summary ACC 400 Week 2 Team Assignment-Text Assignments Exercise E7-2 & Problem Set B P7-2B
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ACC 400 Week 2 E-text Individual Assignments - Chapter 8 Questions 3 and 4, Exercise E8-5 & Exercise E9.9 ACC 400 Week 2 Summary ACC 400 Week 2 Team Assignment-Text Assignments Exercise E7-2 & Problem Set B P7-2B
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ACC 400 Week 3 DQ 1 ACC 400 Week 3 DQ 2 ACC 400 Week 3 DQ 3
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ACC 400 Week 3 DQ 1 ACC 400 Week 3 DQ 2 ACC 400 Week 3 DQ 3
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ACC 400 Week 3 E-text Individual Assignments - Chapter 10 Questions 1, 7, 8, and 19, BE 10-1, BYP10-1, BYP11-10 & Internet Assignment 11-1 ACC 400 Week 3 Summary ACC 400 Week 3 Team Assignment-Text Assignments - Chapter 13 13-4A
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ACC 400 Week 3 E-text Individual Assignments - Chapter 10 Questions 1, 7, 8, and 19, BE 10-1, BYP10-1, BYP11-10 & Internet Assignment 11-1 ACC 400 Week 3 Summary ACC 400 Week 3 Team Assignment-Text Assignments - Chapter 13 13-4A
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ACC 400 Week 4 DQ 1 ACC 400 Week 4 DQ 2 ACC 400 Week 4 DQ 3
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ACC 400 Week 4 DQ 1 ACC 400 Week 4 DQ 2 ACC 400 Week 4 DQ 3
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ACC 400 Week 4 Individual Assignment Debt Vs. Equity Financing Paper ACC 400 Week 4 Summary
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ACC 400 Week 4 Individual Assignment Debt Vs. Equity Financing Paper ACC 400 Week 4 Summary
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ACC 400 Week 5 E-text Individual Assignments - 13-4 Application of SFAC No. 13, Case 23.1 & Case 23.2 ACC 400 Week 5 Team Assignment-Text Assignments - BYP 13-7, Exercises 23.10 and 23.12
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ACC 400 Week 5 E-text Individual Assignments - 13-4 Application of SFAC No. 13, Case 23.1 & Case 23.2 ACC 400 Week 5 Team Assignment-Text Assignments - BYP 13-7, Exercises 23.10 and 23.12
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ACC 400 Week 5 Final 1. Zelma Company's last financial statements provided the following ratios: To the nearest day, what is the operating cycle for Zelma?
The beginning balance of cash is $45,000. What is the budgeted ending balance of cash? 3. On January 1, a business exchanged a plant asset with a cost of $18,000 and accumulated depreciation of $16,500 for a similar asset that had a list price of $23,000. The business received a trade-in allowance of $2,100 on the old plant asset. What was the result of the exchange? a. A $600 gain on the disposal of a plant asset. 4. Which one of the following is not an objective of a system of internal controls? a. Safeguard company assets
July $120,000 The cash inflow in the month of September is expected to be 6. A check for $275 is incorrectly recorded by a company as $257. On the bank reconciliation, the $18 error should be 7. The Allowance for Doubtful Accounts is necessary because 8. Under the direct write-off method of accounting for uncollectible accounts, Bad Debts Expense is debited 9. Manning Company uses the percentage of receivables method for recording bad debts expense. The accounts receivable balance is $200,000 and credit sales are $1,000,000. Management estimates that 5% of accounts receivable will be uncollectible. What adjusting entry will Manning Company make if the Allowance for Doubtful Accounts has a credit balance of $2,000 before adjustment?
11. A measure of a company’s solvency is the 12. The times interest earned ratio is computed by dividing 13. The 2007 financial statements of Shadow Co. contain the following selected data (in millions). 14. The statement "Bond prices vary inversely with changes in the market rate of interest" means that if the 15. A company would not acquire treasury stock a. in order to reissue shares to officers. 16. Which of the following is the appropriate general journal entry to record the declaration of cash dividends? a. Retained Earnings 17. Allstate, Inc., has 10,000 shares of 6%, $100 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock outstanding at December 31, 2007. If the board of directors declares a $50,000 dividend, the a. preferred stockholders will receive 1/10th of what the common stockholders will receive. 18. When a change in accounting principle occurs a. prior years' financial statements should not be changed to reflect the newly adopted principle. 19. Which of the following is not an irregular item on the income statement? 20. Vertical analysis is a technique that expresses each item in a financial statement |
ACC 400 Week 5 Final 1. Zelma Company's last financial statements provided the following ratios: To the nearest day, what is the operating cycle for Zelma?
The beginning balance of cash is $45,000. What is the budgeted ending balance of cash? 3. On January 1, a business exchanged a plant asset with a cost of $18,000 and accumulated depreciation of $16,500 for a similar asset that had a list price of $23,000. The business received a trade-in allowance of $2,100 on the old plant asset. What was the result of the exchange? a. A $600 gain on the disposal of a plant asset. 4. Which one of the following is not an objective of a system of internal controls? a. Safeguard company assets
July $120,000 The cash inflow in the month of September is expected to be 6. A check for $275 is incorrectly recorded by a company as $257. On the bank reconciliation, the $18 error should be 7. The Allowance for Doubtful Accounts is necessary because 8. Under the direct write-off method of accounting for uncollectible accounts, Bad Debts Expense is debited 9. Manning Company uses the percentage of receivables method for recording bad debts expense. The accounts receivable balance is $200,000 and credit sales are $1,000,000. Management estimates that 5% of accounts receivable will be uncollectible. What adjusting entry will Manning Company make if the Allowance for Doubtful Accounts has a credit balance of $2,000 before adjustment?
11. A measure of a company’s solvency is the 12. The times interest earned ratio is computed by dividing 13. The 2007 financial statements of Shadow Co. contain the following selected data (in millions). 14. The statement "Bond prices vary inversely with changes in the market rate of interest" means that if the 15. A company would not acquire treasury stock a. in order to reissue shares to officers. 16. Which of the following is the appropriate general journal entry to record the declaration of cash dividends? a. Retained Earnings 17. Allstate, Inc., has 10,000 shares of 6%, $100 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock outstanding at December 31, 2007. If the board of directors declares a $50,000 dividend, the a. preferred stockholders will receive 1/10th of what the common stockholders will receive. 18. When a change in accounting principle occurs a. prior years' financial statements should not be changed to reflect the newly adopted principle. 19. Which of the following is not an irregular item on the income statement? 20. Vertical analysis is a technique that expresses each item in a financial statement |
