Acc 421

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ACC 421 Entire Course

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ACC 421 WileyPlus Weeks 1-5 ACC 421 WileyPlus weeks 1-5

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ACC 421 Week 1 Discussion Question 1 ACC 421 Week 1 Discussion Question 1

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ACC 421 Week 1 Discussion Question 2 ACC 421 Week 1 Discussion Question 2

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ACC 421 Week 1 Discussion Question 3 ACC 421 Week 1 Discussion Question 3

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ACC 421 Week 1 Individual Accounting Cycle Paper ACC 421 Week 1 Individual Accounting Cycle Paper Preparea 700- to 1,050-word paper explaining the overall accounting cycle at your organization. Include a description of the people, processes, and systems that are integral to the cycle

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ACC 421 Week 2 Discussion Question 1 ACC 421 Week 2 Discussion Question 1

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ACC 421 Week 2 Discussion Question 2 ACC 421 Week 2 Discussion Question 2

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ACC 421 Week 2 Individual Assignments ACC 421 Week 2 Individual Assignments Problem 1: Grading: This problem is worth a total of 18.75 points. There are 10grading elements each worth 18.75 x 2/3 / 10 = 1.25 points. There are 18.75 x 1/3 = 6.25 points available for effort. Consider each one of the following in light of the characteristics of accounting: A: The economic consequences of a standard or rule are not considered. B: Two other qualitative characteristics related to both reliability and relevance.


C: Exists when a particular measurement is agreed to by the majority. D: Two large retail chains employ the same accounting principles. E: Accounting information is useful because of these two primary qualities. F: Users’ expectations are confirmed by accounting information. G: This primary quality has predictive value as a component. H: This primary component of relevance is illustrated by quarterly financial statements issued in addition to annual financial statements. I: A component of this primary quality of accounting information is neutrality. J: This quality is necessary in order to compare the results of a company over time...

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ACC 421 Week 2 Learning Team Assignments From the Text ACC 421 Week 2 Learning Team Assignments From the Text Resource:Intermediate Accounting Writeresponses to Problems P3-5 and P3-9 in Ch.3 of Intermediate Accounting.

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ACC 421 Week 3 Discussion Question 1 ACC 421 Week 3 Discussion Question 1

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ACC 421 Week 3 Discussion Question 2 ACC 421 Week 3 Discussion Question 2

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ACC 421 Week 3 Discussion Question 3 ACC 421 Week 3 Discussion Question 3

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ACC 421 Week 3 Discussion Question 4 ACC 421 Week 3 Discussion Question 4

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ACC 421 Week 3 Individual Assignment P1,P2,P3 And P4 ACC 421 Week 3 Individual Assignment P1,P2,P3 And P4 Submit responses to the individual assignment for Materials forum.

week 3 posted in the Course-


Problem 1: Grading: This problem is worth a total of 18.75 points. There are 23grading elements each worth 18.75 x 2/3 / 23 = 0.5435 points. There are 18.75 x 1/3 = 6.25 points available for effort. The following are general ledger balances of the RTQ Company as of December 31, 2013: Cost of goods sold $585,000 Fair Market Value appreciation on land above cost 42,000 Cash dividends declared and paid 32,000 Rental revenue 32,000 Administrative salaries 86,000 Sales salaries 92,000 Sales supplies expense 22,000 Interest expense on notes payable 50,000 Depreciation expense on sales related assets 34,000 Depreciation expense on administrative related assets 46,000 Other administrative expense 22,000 Net sales 1,078,000 Income tax 42,000 The company had 49,000 shares of common stock issued and outstanding during the entire year. The company ends its fiscal accounting year on December 31. Instructions: A: Prepare a multiple-step income statement in good form. B: Prepare a single-step income statement in good form...

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ACC 421 Week 3 Team Assignment P4-3,E18-15 And P18-7 ACC 421 Week 3 Team Assignment P4-3,E18-15 And P18-7 Resources:Intermediate Accounting Write responses to Problems P4-3 in Ch. 4 and Problems P18-7 & E18-15 in Ch. 18 ofIntermediate Accounting.

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ACC 421 Week 4 Discussion Question 1 ACC 421 Week 4 Discussion Question 1

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ACC 421 Week 4 Discussion Question 2 ACC 421 Week 4 Discussion Question 2

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ACC 421 Week 4 Discussion Question 3 ACC 421 Week 4 Discussion Question 3

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ACC 421 Week 4 Individual Assignment P1,P2,P3 And P4 Submit responses to the individual assignment for week 4 posted in the CourseMaterials forum. Problem 1: Grading: This problem is worth a total of 18.75 points. There are 22grading elements each worth 18.75 x 2/3 / 22= 0.5682 points. There are 18.75 x 1/3 = 6.25 points available for effort. The FJF Company does not employ a full-time accountant. However they do employ a bookkeeper that records entries and attempts to prepare drafts of financial statements. You have been retained by the company to review the bookkeeper’s work and prepare correct financial statements for 2014. You have completed your review of the bookkeeper’s work and, based upon your review, the bookkeeper has prepared the following draft balance sheet for your review. FJF Company Balance sheet For the year ended December 31, 2014 Stockholders’ s equity Common stock, $9 par, authorized 70,000 shares, Issued 48,000 shares $432,000 Additional paid-in capital 237,000 Retained earnings Intangible assets Goodwill 118,000 Prepaid expenses 18,000 Cash surrender value of life insurance 133,000 Trading securities at cost (fair value $177,000) 207,000 Property, plant, and equipment Land held for future use 259,000 Building (net) 843,000 Office equipment (net) 237,000 Current assets Cash 340,000 Accounts receivable (net) 503,000 Inventories at lower of average cost or market 593,000 Current liabilities Accounts payable 200,000 Notes payable (due next year) 185,000 Pension obligation 121,000 Rent payable 72,000 Premium on bonds payable 78,000 Long-term liabilities Bonds payable 739,000 Additional information: The company ends its fiscal accounting year on December 31. The accumulated depreciation on the building totals $237,000. The accumulated depreciation on the office equipment totals $155,000. The allowance for doubtful accounts has a balance of $25,000. The pension obligation is considered a long-term liability. The bookkeeper did not know how to compute retained earnings...

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ACC 421 Week 4 Individual Assignment P1,P2,P3 And P4 ACC 421 Week 4 Individual Assignment P1,P2,P3 And P4 Submit responses to the individual assignment for week 4 posted in the CourseMaterials forum. Problem 1:


Grading: This problem is worth a total of 18.75 points. There are 22grading elements each worth 18.75 x 2/3 / 22= 0.5682 points. There are 18.75 x 1/3 = 6.25 points available for effort. The FJF Company does not employ a full-time accountant. However they do employ a bookkeeper that records entries and attempts to prepare drafts of financial statements. You have been retained by the company to review the bookkeeper’s work and prepare correct financial statements for 2014. You have completed your review of the bookkeeper’s work and, based upon your review, the bookkeeper has prepared the following draft balance sheet for your review...

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ACC 421 Week 4 Team Assignment P5-3 And CA24-2 ACC 421 Week 4 Team Assignment P5-3 And CA24-2 Resource:Intermediate Accounting Writeresponses to Problem P5-3 in Ch. 5 and Concepts for Analysis CA24-2 in Ch. 24 of Intermediate Accounting.

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ACC 421 Week 5 Individual Assignments ACC 421 Week 5 Individual Assignments Submit responses to the individual assignment for week 5 posted in the CourseMaterials forum. Problem 1 Compute the present value of each of the following periodic amounts. Each amount is paid/received at the end of each period. A: $15,000 received at the end of each period for 9 periods compounded at 8%. Present Value = $93,703,30. B: $40,000 paid at the end of each period for 7 periods compounded at 4%. C: $15,000 paid at the end of the tenth, eleventh, twelfth, and thirteenth periods compounded at 11% ACC 421 Compute the requested item for each of the following: A: A bank account has a current balance of $408,029. If the money is left in the account and earns 9% compounded annually, how many years will it take for the balance to grow to B: A bank account has a current balance of $174,439. If the money is left in the account for 25 years and grows to $1,890,000, what is the annual rate of interest compounded annually?

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ACC 421 Week 5 Learning Team Assignments From the Text ACC 421 Week 5 Learning Team Assignments From the Text Resource:Intermediate Accounting


Write responses to Problems P6-7 in Ch. 6 and P23-7 in Ch. 23 of Intermediate Accounting.

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