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ACC 440 Week 5 Learning Team Assignment From the Text E6-11 ,E10-5, E10-6
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Resources: Ch. 6 & 10 of Advanced Financial Accounting
Prepare solutions to the following exercises from Ch. 6 & 10 of the text:
E6-11: Upstream Sale of Equipment in Prior Period
E10-5: Preparation of Statement of Cash Flows
E10-6: Direct Method Cash Flow Statement
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ACC 440 Week 5 Individual Assignment E5-13, P5-32, C10-1
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Resources: Ch. 5 & 10 of Advanced Financial Accounting
Prepare solutions to the following exercises from Ch. 5 & 10 of the text:
E5-13: Consolidation after One Year of Ownership
P5-32: Consolidation Workpaper at End of First Year of Ownership
C10-1: The Effect of Security Type on Earnings per Share
Note. To research this assignment, search the Financial Accounting Standards
Board documents in the Accounting – Accounting & Tax tab located in the ProQuest
Accounting and Tax database, under the Company Directories and Financials link on the University Library homepage.
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ACC 440 Week 5 DQ 2
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What dollar amounts in the consolidated financial statements will be incorrect if intercompany services are not eliminated?
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ACC 440 Week 5 DQ 1
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When are profits on inter-corporate sales considered to be realized? Explain.
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ACC 440 Week 4 Learning Team Assignment E3-8 and C4-1
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Resource: Ch. 3 & 4 of Advanced Financial Accounting
Prepare solutions to the following exercises from Ch. 3 & 4 of the text:
E3-8: Subsidiary Acquired for Cash
C4-1: Need for Consolidation Process
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ACC 440 Week 4 Individual Assignment Exercise Q4-1, Q4-3, Q4-9 And P5-30
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ACC 440 Week 4 Individual Assignment Exercise Q4-1, Q4-3, Q4-9 and P5-30
Resource: Ch. 4 and 5 of Advanced Financial Accounting
Prepare solutions to the following exercises from Ch. 4 and 5 of the text:
Q4-1–Q4-3 and Q4-9
P5-30
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ACC 440 Week 4 DQ 2
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What effect does a negative retained earnings balance on the subsidiary’s books have on consolidation procedures?
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ACC 440 Week 4 DQ 1
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What are some issues to consider before investing in another company?
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ACC 440 Week 3 Learning Team Assignment Ch. 11 Textbook Exercises
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Resource: Ch. 11 of Advanced Financial Accounting
Prepare solutions to the Q11-1–Q11-10 exercises from Ch. 11 of the text.
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ACC 440 Week 3 Individual Assignment Ch. 12 Textbook Exercise
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Resource: Ch. 12 of Advanced Financial Accounting
Prepare a solution to the P12-17: Translation, Journal Entries, Consolidated Comprehensive Income, and Stockholders’ Equity exercise from Ch. 12 of the text.
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ACC 440 Week 3 DQ 2
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Why do most parent companies acquire 100 percent ownership of the subsidiary when 51 percent would grant them economic control?
What are the economic reasons supporting more than a 51 percent ownership level?
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ACC 440 Week 3 DQ 1
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What are some of the issues we may run into when consolidating financial statements at period end? What types of transactions need to be addressed in a consolidation?
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ACC 440 Week 2 Learning Team Assignment Ch. 1 Textbook Exercises
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Resource: Ch. 1 of Advanced Financial Accounting
Prepare solutions to the following exercises from Ch. 1 of the text:
E1-2: Multiple-Choice Questions on Recording Business Combinations
P1-31: Journal Entries to Record a Business Combination
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ACC 440 Week 2 Individual Assignment Ch. 12 Textbook Exercise
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Resource: Ch. 12 of Advanced Financial Accounting
Prepare a solution to the C12-3: IASB Deliberations exercise from Ch. 12 of the text.
Write a 700- to 1,050-word report in which you provide your responses to the case.
Cite all resources. If you use an electronic source, include the link. If you use an additional printed source, attach a copy of the data to your paper.
Format your report consistent with APA guidelines.
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ACC 440 Week 2 DQ 2
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Why do companies hedge? Why would some companies choose not to hedge?
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