ACCT 550 DEVRY ENTIRE COURSE,ACCT 550 DEVRY ENTIRE CLASS,ACCT 550 DEVRY TUTORIAL,ACCT 550 DEVRY ASSIGNMENT Flashcards
DEVRY ACCT 550 All DQ’s Week 1 to Week 7
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For more classes visit http://www.assignmentcloud.com ACCT 550 All DQ's Week 1 to Week 7 Week 1 DQ 1 Case Discussion Week 1 DQ 2 General Topic of Information Week 2 DQ 1 Case Discussion Week 2 DQ 2 The Income Statement Week 3 DQ 1 Case Discussion Week 3 DQ 2 Balance Sheet Week 4 DQ 1 Problem Discussion Week 4 DQ 2 Time Value of Money Week 5 DQ 1 Problem Discussion Week 5 DQ 2 Inventory Cost Week 6 DQ 1 Problem Discussion Week 6 DQ 2 Asset Valuation Week 7 DQ 1 Case Discussion Week 7 DQ 2 Asset Valuation
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DEVRY ACCT 550 Entire Course With Midterm And Final Exam
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ACCT 550 Entire Course With Midterm And Final Exam ACCT 550 Week 1 Homework Assignment ACCT 550 Week 2 Homework Assignment ACCT 550 Week 3 Homework Assignment ACCT 550 Week 4 Homework Assignment ACCT 550 Week 5 Homework Assignment ACCT 550 Week 6 Homework Assignment ACCT 550 Week 7 Homework Assignment ACCT 550 Week 8 Course project ACCT 550 Midterm ACCT 550 Final Exam ACCT 550 All DQ's Week 1 to Week 7 Week 1 DQ 1 Case Discussion Week 1 DQ 2 General Topic of Information Week 2 DQ 1 Case Discussion Week 2 DQ 2 The Income Statement Week 3 DQ 1 Case Discussion Week 3 DQ 2 Balance Sheet Week 4 DQ 1 Problem Discussion Week 4 DQ 2 Time Value of Money Week 5 DQ 1 Problem Discussion Week 5 DQ 2 Inventory Cost Week 6 DQ 1 Problem Discussion Week 6 DQ 2 Asset Valuation Week 7 DQ 1 Case Discussion Week 7 DQ 2 Asset Valuation
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DEVRY ACCT 550 Final Exam
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ACCT 550 Final Exam
1. (TCO A) Listed below are several information, characteristics, and accounting principles and assumptions. Match the letter of each with the appropriate phrase that states its application.
(Points : 30)
Potential Matches:
1 : Earnings process completed and realized or realizable
2 : Cost of providing financial information versus the benefits derived from its use
3 : Accruals and deferrals in adjusting and closing process
4 : Business enterprise assumed to have a long life
5 : Stable dollar assumption
6 : Notes as part of necessary information to a fair presentation
7 : Valuing assets at amount originally paid for them
8 : The impact of an item on the overall financial operations of a company
9 : Presentation of error-free information with representational faithfulness
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DEVRY ACCT 550 Midterm 100% Correct
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ACCT 550 Midterm 100% Correct
(TCO A) Financial information demonstrates consistency when
(TCO A) The cash method of accounting
(TCO A) Changing the method of inventory valuation should be reported in the financial statements under what qualitative characteristic of accounting information?
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DEVRY ACCT 550 Week 1 Homework Assignment
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ACCT 550 Week 1 Homework Assignment
E3-1 (Transaction Analysis—Service Company) Christine Ewing is a licensed CPA. During the first month of operations of her business (a sole proprietorship), the following events and transactions occurred.
April 2 Invested $30,000 cash and equipment valued at $14,000 in the business.
2 Hired a secretary-receptionist at a salary of $290 per week payable monthly.
3 Purchased supplies on account $700. (debit an asset account.)
7 Paid office rent of $600 for the month.
11 Completed a tax assignment and billed client $1,100 for services rendered. (Use Service Revenue account.)
12 Received $3,200 advance on a management consulting engagement.
17 Received cash of $2,300 for services completed for Ferengi Co.
21 Paid insurance expense $110.
30 Paid secretary-receptionist $1,160 for the month.
30 A count of supplies indicated that $120 of supplies had been used.
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DEVRY ACCT 550 Week 2 Homework Assignment
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For more classes visit http://www.assignmentcloud.com ACCT 550 Week 2 Homework Assignment E4-4 (Multiple-Step and Single-Step) Two accountants for the firm of Allen and Wright are arguing about the merits of presenting an income statement in a multiple-step versus a single-step format. The discussion involves the following 2012 information related to Webster Company ($000 omitted). Administrative expense Officers’ salaries $ 4,900 Depreciation of office furniture and equipment 3,960 Cost of goods sold 63,570 Rent revenue 17,230 Selling expense Transportation-out 2,690 Sales commissions 7,980 Depreciation of sales equipment 6,480 Sales revenue 96,500 Income tax expense 7,580 Interest expense 1,860 Instructions (a) Prepare an income statement for the year 2012 using the multiple-step form. Common shares outstanding for 2012 total 40,550 (000 omitted). (b) Prepare an income statement for the year 2012 using the single-step form. (c) Which one do you prefer? Discuss.
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DEVRY ACCT 550 Week 3 Homework Assignment
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For more classes visit http://www.assignmentcloud.com ACCT 550 Week 3 Homework Assignment E5-2 (Classification of Balance Sheet Accounts) Presented below are the captions of Faulk Company’s balance sheet. (a) Current assets. (b) Investments. (c) Property, plant, and equipment. (d) Intangible assets. (e) Other assets. (f) Current liabilities. (g) Noncurrent liabilities. (h) Capital stock. (i) Additional paid-in capital. (j) Retained earnings.
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DEVRY ACCT 550 Week 4 Homework Assignment
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ACCT 550 Week 4 Homework Assignment
E6-5 (Computation of Present Value)
Using the appropriate interest table, compute the present values of the following periodic amounts due at the end of the designated periods.
(a) $30,000 receivable at the end of each period for 8 periods compounded at 12%.
(b) $30,000 payments to be made at the end of each period for 16 periods at 9%.
(c) $30,000 payable at the end of the seventh, eighth, ninth, and tenth periods at 12%.
E6-12 (Analysis of Alternatives)
The Black Knights Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share in the Sunbelt. In order to do so, Black Knights has decided to locate a new factory in the Panama City area. Black Knights will either buy or lease a site depending upon which is more advantageous. The site location committee has narrowed down the available sites to the following three buildings.
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DEVRY ACCT 550 Week 5 Homework Assignment
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ACCT 550 Week 5 Homework Assignment
E8-3 (Inventoriable Costs) Assume that in an annual audit of Harlowe Inc. at December 31, 2014, you find the following transactions near the closing date.
A special machine, fabricated to order for a customer, was finished and specifically segregated in the back part of the shipping room on December 31, 2014. The customer was billed on that date and the machine excluded from inventory although it was shipped on January 4, 2015.
Merchandise costing $2,800 was received on January 3, 2015, and the related purchase invoice recorded January 5. The invoice showed the shipment was made on December 29, 2014, f.o.b. destination.
A packing case containing a product costing $3,400 was standing in the shipping room when the physical inventory was taken. It was not included in the inventory because it was marked “Hold for shipping instructions.” Your investigation revealed that the customer’s order was dated December 18, 2014, but that the case was shipped and the customer billed on January 10, 2015. The product was a stock item of your
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DEVRY ACCT 550 Week 6 Homework Assignment
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For more classes visit http://www.assignmentcloud.com ACCT 550 Week 6 Homework Assignment Chapter 10 – E10-1 Chapter 10 – E10-3 Chapter 10 – E10-7 Chapter 10 – P10-8
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DEVRY ACCT 550 Week 7 Homework Assignment
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For more classes visit http://www.assignmentcloud.com ACCT 550 Week 7 Homework Assignment Chapter 11: E11-4 E11-9 E11-11 E11-17
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DEVRY ACCT 550 Week 8 Course Project
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ACCT 550 Week 8 Course Project
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