ACG 2021 Entire Course New Flashcards

1
Q

ACG 2021 Week 1 Individual Work 1 New

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ACG 2021 Week 1 Individual Work 1 New

Please complete the following:

Problem 1-5, on page 44, “Income Statement, Statement of Retained Earnings and Balance Sheet.”

A

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2
Q

ACG 2021 Week 2 Individual Work New

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ACG 2021 Week 2 Individual Work New

Please complete the following:

Problem 2-3A,on page 101, “Income Classified Balance Sheet”

Problem 2-7A, “Multiple Step Income Statement and Profit margin,” on page 103.

A

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3
Q

ACG 2021 Week 3 Individual Work New

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ACG 2021 Week 3 Individual Work New

Ratios compare financial data among companies or within a single company. They reflect accounting transactions and conditions of a company. To further explore ratios and their effect on transactions and finances, please complete the following:

Exercise 3-6, “Normal Account Balances,” on page 139;
Exercise 3-14, “Journal Entries,” on page 141; and
Problem 3-2, “Transaction Analysis and Financial Statements,” on page 142.

A

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4
Q

ACG 2021 Week 5 Team Work New

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ACG 2021 Week 5 Team Work New

Participate in the teamwork activity by entering the Teamwork area in your online course and completing the following:

Together as a team, solve Exercise 5-21 “Inventory Costing Methods– Periodic System,” on page 295.

A

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5
Q

ACG 2021 Week 6 Individual Work New

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ACG 2021 Week 6 Individual Work New

The critical tool in the control over cash is the bank reconciliation used to reconcile what a company’s banks records show to what is in the general ledger. To learn how to use this tool, please complete the following:

Problem 6-1, “Bank Reconciliation,” on page 350.

A

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6
Q

ACG 2021 Week 7 Team Work New

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ACG 2021 Week 7 Team Work New

Participate in the teamwork activity by entering the Teamwork area in your online course and completing the following:

Together as a team, solve Problem 7-1 “Allowance Method for Accounting for Bad Debts” on page 393.

A

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7
Q

ACG 2021 Week 10 Individual Work New

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ACG 2021 Week 10 Individual Work New

This week you learned about long-term liabilities, i.e., those that “will not be satisfied within one year or the current operating cycle” (Porter & Norton, 7e, p.521). Among those studied were value bonds. This week’s individual work requires that you demonstrate the valuation, of bonds using Time Value of Money. Please complete the following:

Problem 10-8A, on page 568.

A

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8
Q

ACG 2021 Week 9 Team Work New

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ACG 2021 Week 9 Team Work New

Participate in the teamwork activity by entering the Teamwork area in your online course and completing the following:

To gain practice in the use of the Time Value of Money techniques, solve together as a Team, Problem 9 -11 “Time Value of Money Concept” on page 507.

A

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9
Q

ACG 2021 Week 11 Team Work New

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ACG 2021 Week 11 Team Work New

Participate in the teamwork activity by entering the Teamwork area in your online course and completing the following:

To use what you have learned about the transactions pertaining to stockholders equity and the declaration and payment of both cash and stock dividends, work together to solve Problem 11 –13, “Effects of Stockholders’ Equity Transactions on the Balance Sheet,” page 627.

A

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