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Submitted by Martin on Sun, 2013-04-07 14:39
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ACC 291 Week 4 Wiley Plus Assignment Exercise 11-1 , E11-15, E11-16 Problem P11-6A, P11-8A

 

 

                                                         ACC 291 Week 4 Wiley Plus Assignment

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ACC 291 Week 4 Wiley Plus Assignment Exercise 11-1 , E11-15, E11-16 Problem P11-6A, P11-8A 100% CORRECT

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xxxx xxxx x WileyPlus assignment xx xx xxxxxxxxxxxxxxxxx xxxx free xx xxxxxxx xx xxxx xxxxxxxxxxxxxxxx

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x

Exercise Do xxx 11-1

xx

Indicate whether xxxx xx the xxxxxxxxx statements is xxxx xx xxxxxx

xxxxxxxx

1.

xxx corporation is an xxxxxx xxxxxxxx and distinct xxxx its xxxxxxx

xx

xxx liability xx stockholders is normally limited xx xxxxx investment in the xxxxxxxxxxxx

3.

xxx relative lack xx xxxxxxxxxx xxxxxxxxxx xx xx xxxxxxxxx of the corporate form xx business.

4.

There is no xxxxxxx xxxxx xx record xxx authorization xx xxxxxxx xxxxxx

5.

xxxxxx xxxxx stock xx xxxxx xxxx xxxxxx

xxxxxxx

xxxx

xxxx

xxxxxx xxxxxxxxxx xxxxxxxxxx regulation is a xxxxxxxxxxxx xx xxx xxxxxxxxx xxxx of xxxxxxxxx

xxxx

xxxxx No-par xxxxx xxxxx xx quite common today.

x

xxxxxxxx xxxxxx

xxx

On October 31, the stockholders' equity section of xxxx xxxxxxx consists of common xxxxx $600,000 xxx xxxxxxxx xxxxxxxx $900,000. xxxx is xxxxxxxxxxx xxx following two xxxxxxx of xxxxxxx (1) xxxxxxxxx a 5% xxxxx dividend xx the 60,000, xxx xxx value xxxxxx xxxxxxxxxxxx xx

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xxxxxx

xxxxxxxxxxxxxx
(b) Prepare xxx xxxxxxxxxxxxx equity section xx December 31, 2011.
xxxxxx xxxxxxxxxxx
Stockholders’ equity
xxxxxxxx 31, xxxx
xxxxxxx xxxxxxx
Capital stock
xx preferred stock,$100 par xxxxxx xxxxxxxxxxxxxxxxxxxxx shares authorized, xxxx xxxxxx xxxxxx and xxxxxxxxxxx
$240,000
xxxxxx xxxxxx xx par, $5 stated xxxxxxxxxxxxxxx xxxxxx authorized, xxxxxxx shares xxxxxx xxx xxxxxxx xxxxxx xxxxxxxxxxx
2,000,000
xxxxx xxxxxxx stock xxxxxxxxxx
Additional xxxxxxx xxxxxxx
In xxxxxx of xxx value - preferred xxxxx56,000
In xxxxxx xx stated value x xxxxxx xxxxxxxxxxxxxx
From Treasury xxxxx - common 3,000
Total additional xxxxxxx xxxxxxx 5,759,000
Total xxxx xx capitalxxxxxxxxx
xxxxxxxx xxxxxxxx 560,000
Total xxxxxxx capital xxx retained earningsxxxxxxxxx
xxxxx xxxxxxxx stock (1000 xxxxxx share) xxxxxx
xxxxx xxxxxxxxxxxx’ equity $8,537,000

Sheet2

Sheet3


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Submitted by Topseller on Mon, 2013-05-06 10:25
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ACC 291 Week 5 Learning Team Assignment Ratio Analysis Memo

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ACC 291 xxxx 5 Learning xxxx xxxxxxxxxx xxxxx Analysis xxxx 

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xxxxx ANALYSIS xxxxxx

Ratio Analysis Memo – xxxxxx Fine Foods

ACC/291

xxxxxxxxxx xx Phoenix

September xxx xxxxx

xxx Ms. Kathy Kudler, CEO

xxxxx Accounting

xxx Company xxxxxx Analysis

xxxxxxx Fine Foods xxxxxxxxxx xxxxxxxxxx xxx completed x xxxx analysis xx the xxxx xxxxxxxxx statistics. xxxxxxxxx xxxxx of analysis are used xx xxxx complete the xxxxxxxx measurement. xxxxx xxx xxxx find xxxxx calculations on liquidity ratios, profitability ratios, xxx solvency xxxxxxx xxxxxxxxxx xxxx xxxx have xxxxxx us get an xxxxxxx xxxx of the company’s xxxx being xxx with xxxxxxx xxxxx to xxxx xx xxxx xx xxxxxx xxxx to xxxxxxxx a yearly return.

xxx measure xxx company’s xxxxxxxxxx xxxxxxx xx xxx xxx maturing obligations xxx xx meet xxxxxxxxxx needs for cash, xx xxxxxxxxx ratio, several xxxxxx are used. First xx the current ratio rate. xxxx xxxxxxxx xxx xxxxxxx’x liquidity xxx xxxxxxxxxx xxxxxxxxxxx xxxxxxxx xxxxxx’x xxxxxxx xxxxx is xxxxxxxx xxxx xxxxx xxx

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Submitted by Topseller on Mon, 2013-05-06 10:24
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ACC 291 Week 5 Individual Assignment (E13-8 & E14-3)

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xxx 291 Week 5 xxxxxxxxxx xxxxxxxxxx xxxxxx & E14-3)

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Individual xxxxxxxxxx Week x

Accounting 291

E13-8 xxxx xxx comparative xxxxxxx sheets for xxxxxxx Company.

SCULLY xxxxxxxxxxx

Comparative xxxxxxx Sheets

December xx

Assets xxxx xxxx

xxxx $ xxxxxx $ 22,000

xxxxxxxx xxxxxxxxxx xxxxxx 76,000

Inventories xxxxxxx 189,000

xxxx xxxxxx 100,000

Equipment 260,000 200,000

Accumulated xxxxxxxxxxxx (66,000) xxxxxxxx

Total xxxxxxxx $555,000

xxxxxxxxxxx xxx Stockholders’ Equity

xxxxxxxx payable x xxxxxx x 47,000

xxxxx xxxxxxx xxxxxxx xxxxxxx

xxxxxx stock ($1 xxxx 216,000 xxxxxxx

Retained earnings 192,000 134,000

xxxxx $597,000 xxxxxxxx

Additional xxxxxxxxxxxx

xx xxx income for xxxx xxx $103,000.

xx Cash dividends of xxxxxxx xxxx declared and paid.

xx Bonds xxxxxxx xxxxxxxxx to xxxxxxx

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Submitted by Topseller on Mon, 2013-05-06 10:23
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ACC 291 Week 5 Impact of Unethical Behavior Article Analysis

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ACC xxx xxxx 5 Impact xx xxxxxxxxx xxxxxxxx xxxxxxx xxxxxxxx

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xxxxxxx xxxxxxxxxxxx xxxxxxxxxxxxxxxxx Behavior xxxxxxx xxxxxxxx

xxxxxxxxx Behavior Article xxxxxxxx

ACC/291

xxxxxxxxxx of Phoenix

xxx Sarbanes Oxley xxx was xxxxxx as a xxxxxx of xxxxxx xx xxxxxxxxx xxxxxxxxx The xxxxxxx of this act xxx to protect xxxxxxxxx and xx xxxxxxx xxxx with accurate and reliable information, xxx to xxxxxxxx all information that xxx xxxxxx xx investor’x xxxxxxxxx It was passed xx restore xxx confidence xx investors.

The Sarbanes xxxxx xxx has xxxxxxxx financial statements in several ways. xxx act has xxxxx that xxxxxxxxxxx xxxxx xxxxxx audit xxx financial statements xx xxxxx xxxxxxxxx of the auditors xxxxxx xx xxxxxxx from time to time, so xxxx xxxxx xxxxxx xx xxxxxx by xxx xxxx xxxxxxx year xxxxx xxxxxx

Section 303 of xxx xxx xxxxxxxx xxxxxx xxxxxxxxxx xx xxxxxxx xxx xxxxxxxx xxx xxxxxxxxxxx xx xxxxxxxxx xxxxxxxxxxx The Sarbanes Oxley xxx xxxxxxxx that the xxxxxxxxx statements of xxx xxxxxxx must be xxxxxx off by xxx xxx

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Submitted by Topseller on Mon, 2013-05-06 10:22
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ACC 291 Week 4 Learning Team Reflection

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ACC xxx xxxx x Learning xxxx Reflection

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Running head: xxxxxxxx xxxx x xxxx THREE xxxxxxxxxxxx � PAGE xx MERGEFORMAT �1� �� LEARNING xxxx x WEEK THREE OBJECTIVE� � PAGE xx xxxxxxxxxxx xxxxxxxxxxxxxxx

xxxxxxxx Team xxxxxxxxxx

ACC/291

xxxxxxxxxx xx Phoenix

xxx

xx xxxx xxxxx xx xxxxxx xxx team xxxxx the material xxx xxxxxxxx xx xx xxxx informative xxx x xxxx xxxxxx to get through. Now xxxx xxxxx be x combination of xxx xxxx beginning to learn xxx material xx more xxxxx xxx it starting xx xxx xxxx xxxxxxxx but xxxxxx way we enjoyed xxxx xx

The xxxxx xxx xxxx enjoyed xxx most xxx xxxxxx and the different xxxxx xx xxxxxxx There are xxx different types of xxxxx which are common and xxxxxxxxx stock. There xxx xxxxx xxxxxxxxxx cash dividends, and stock splits. x stock xxxxxxxx xx where xxx xxxxxxx xxxx x xxxxxxxx with shares of xxxxxx xxxx xxxxxxxx xxxx not xxxxxx the xxxxxxxx xx the xxxxx xxxxxxxx x xxxx dividend is just that, x dividend that xx paid xx cash. The thing we loved the most was learning

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Submitted by Topseller on Mon, 2013-05-06 10:21
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ACC 291 Week 3 Learning Team Reflection

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ACC 291 Week 3 Learning xxxx xxxxxxxxxx

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xxxxxxxx TEAM D xxxx xxxxx DISCUSSION� � PAGE \* xxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxx xxxx D xxxx xxxxx DISCUSSION� xxx xxxx \* MERGEFORMAT xxxxxxxxxxxxxxx

Learning xxxx xxxx Three xxxxxxxxxxx

xxxxxxxx

University xx xxxxxxx

xxx

Week two was x xxxx xxxxxx xxxx for Learning xxxx xx xxx team xxx xxxx confident and xxxx xx grasp xxx content covered. Most of xxx team xxxx xxx topics discussed xxxx xxxxxxxxxxx xxx fun. xxxxx still seems xx xx xx xxxx xxxxxx of frustration for Team x members xxxx some of the steps for either depreciation xx amortization. xxx members xxxxxxxxx personal xxxxxxxxx or xxxxxxxxxx xx xxxxxxx xxxx xxxxxx xxxxx xxxxxxxx accounts payable, xxx xxxxxxx expense accounts.

xxxxxxxx xxxx C xxxx x lot xx xxxxxxxx xx xxxxxxxx xxxxx xxxxxx xxx xxxxxx Some were for xxxxxxxxxxxxx xxxxxxx and xxxx xxx xxxxxxxx reasons. Some members expressed a desire xx xxxxxxxx xxxxxxxxx in xxxxxx or bonds. We xxxx found xxxxxxxx xxxxx xxx difference in premium xxx discount

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Submitted by Topseller on Mon, 2013-05-06 10:19
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ACC 291 Week 3 Exercises and Problems E10-6, E10-8, & E10-18. P10-3A & P10-6A.

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xxx 291 xxxx x Exercises and xxxxxxxx E10-6, xxxxxx & E10-18. xxxxxx & P10-6A.

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xxxxxxxxxx Assignment xxxx x

Accounting 291

E10-6 According to the xxxxxxxxxx xx Ulner xxxxx its payroll taxes for the xxxx xxxx as xxxxxxxxx

xxxxxxx for xxxx xxxxxx $19.84 for xxxxxxx unemployment taxes, xxx xxxxxxx for state xxxxxxxxxxxx taxes.

xxxxxxxxxxxxx

Journalize the entry xx xxxxxx xxx accrual xx the payroll xxxxxxx

Solution:

xxxxxxx Tax xxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx $352.16

xxxx xxxxx Payable .............................................. $198.40

Federal xxxxxxxxxxxx Taxes Payable............... $19.84

State Unemployment Taxes xxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxx

E10-8 Jim xxxxx has xxxxxxxx xxx following list of xxxxxxxxxx about bonds.

xx Bonds are x xxxx xx interest-bearing xxxxx payable.

2. xxxx seeking long-term xxxxxxxxxx xx xxxxxxxxx of issuing xxxxx over issuing xxxxxx xxxxx is that stockholder control is xxx affected.

xx xxxx seeking xxxxxxxxx financing, xx xxxxxxxxx of xxxxxxx xxxxxx xxxxx

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ACC 291 Week 4 Individual Assignment Exercises E11-15, E12-1, & E12-2,11-6A

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ACC xxx Week 4 Individual Assignment Exercises xxxxxxx xxxxxx & xxxxxxxxxxx

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xxxxxxxxxx xxxxxxxxxx Week xx

xxxxxxxxxx xxx

E11-15

On October xxx the xxxxxxxxxxx’s xxxxxx xxxxxxx of Omar xxxxxxx xxxxxxxx of common stock $600,000 and xxxxxxxx xxxxxxxx xxxxxxxxx xxxx xx considering xxx following xxx courses xx xxxxxxx

xxx declaring x 5% xxxxx dividend on xxx xxxxxxx xxx par value shares outstanding, or xxx xxxxxxxxx x xxxxxxx stock split xxxx will xxxxxx par value to $5 per share. xxx current market xxxxx is $14 per share.

Instructions

xxxxxxx a tabular xxxxxxx of xxx effects xx the alternative xxxxxxx xx the xxxxxxxxxx xx stockholders xxxxxx xxx outstanding xxxxxxx Use the xxxxxxxxx column xxxxxxxxx xxxxxx xxxxxxx xxxxx xxxxx Dividend, xxx xxxxx Stock Split.

Solution:

xxxxxxxxxxxxxxxxxxx

 

xxxxxx xxxxxx

xxxxx xxxxx Dividend

After Stock Split

Stockholders’ equity

 

 

 

xxxxxxx capital

 

 

 

Common xxxxx

xxxxxxx

630,000

600,000

In xxxxxx xx xxx xxxxx

-

12,000

-

Total paid-in xxxxxxx

xxxxxxx

xxxxxxx

xxxxxxx

Retained xxxxxxxx

xxxxxxx

xxxxxxx

900,000

xxxxx stockholders’ xxxxxx

$ xxxxxxxxx

$ 1,500,000

$ xxxxxxxxx

xxxxxxxxxxx xxxxxx

xxxxxx

63,000

120,000

 

 

 

 

xxxx xxxxx per share

x 25.00

$ 23.81

x xxxxx

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Submitted by geniusy_2006 on Sun, 2013-04-07 16:14
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ACC 291 Week 5 MCQ finals

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xx

xx xxxx Company xxxx the percentage xx sales xxxxxx xxx recording bad xxxxx xxxxxxxx For the year, cash xxxxx are $300,000 and xxxxxx xxxxx xxx xxxxxxxxxxx Management estimates that 1% xx the xxxxx xxxxxxxxxx xx xxxx xxxx adjusting entry xxxx Hahn Company make to record the bad xxxxx xxxxxxxx

xxxxxxxxxxx

xx

x

Bad Debts xxxxxxx

................

xxxxxxxxxxxxxxxx

$15,000

 

xxx

 

 

Allowances xxx Doubtful Accounts

................

xxxxxxxxxxxxxxxx

$15,000

B.

xx

xxx xxxxx xxxxxxx

xxxxxxxxxxxxxxxx

................

xxxxxxx

 

 

 

Allowances for Doubtful xxxxxxxx

xxxxxxxxxxxxxxxx

xxxxxxxxxxxxxxxx

xxxxxxx

xx

xxx

xxx Debts xxxxxxx

................

................

xxxxxxx

 

xxx

 

 

xxxxxxxx xxxxxxxxxx

xxxxxxxxxxxxxxxx

................

xxxxxxxxxxxxxxxxx

xxxxxxx

D.

xxx

xxx Debts Expense

xxxxxxxxxxxxxxxx

................

$15,000

 

x

 

 

xxxxxxxx xxxxxxxxxx

................

................

xxxxxxxxxxxxxxxxx

$15,000

2) xxxxx the xxxxxxxxxx of xxxxxxxxxxx method for xxxxxxxxx bad xxxxx expense, xxxxxxxxx uncollectible accounts xxx xxxxxxxx xx the balance xx the xxxxxxxxx for Doubtful Accounts is xxxxxx credit before xxxxxxxxxxx xxxx is xxx amount of bad xxxxx expense xxx that period?

xxxxxxxx

A.

$15,000

xx

$12,000

C.

xxxxxxx

xx

$8,000

3) Intangible assets

xxx

xx

xxxxxx be xxxxxxxx under the xxxxxxx xxxxxxxxx Plant, xxx Equipment

xx

should xx reported as x xxxxxxxx

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Submitted by geniusy_2006 on Sun, 2013-04-07 16:12
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ACC 291 Week 4 WileyPLUS E11-1 , E11-15, E11-16 Prb P11-6A, P11-8A

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xxx  xxx  Week x WileyPLUS xxxxx ,  xxxxxxx E11-16 xxx P11-6A,  xxxxxx

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Exercise xx It! xxxx

xxxxxxxx whether xxxx xx the following xxxxxxxxxx xx true xx xxxxxx

xxx xxxxxxxxxxx xx an entity separate xxx xxxxxxxx xxxx its owners.

The liability xx xxxxxxxxxxxx is xxxxxxxx xxxxxxx to their investment in xxx corporation.

xxx relative lack of xxxxxxxxxx xxxxxxxxxx is an xxxxxxxxx xx xxx xxxxxxxxx form of xxxxxxxxx

xxxxx is xx journal entry to xxxxxx xxx authorization xx xxxxxxx stock.

xxxxxx value stock is quite rare today

1 True

2 xxxx

3 xxxxxx xxxxxxxxxx government regulation xx a disadvantage xx xxx xxxxxxxxx xxxx of xxxxxxxxx

xxxx xxxx

x  xxxxx No-par value stock is quite common xxxxx

x

xxxxxxxx xxxxxx

xx October 31, xxx xxxxxxxxxxxxx equity section xx xxxx Company consists xx xxxxxx stock xxxxxxxx xxx retained xxxxxxxx xxxxxxxxx Omar is xxxxxxxxxxx xxx xxxxxxxxx xxx xxxxxxx xx xxxxxxx xxx declaring a 5% xxxxx xxxxxxxx on the 60,000, $10 par value shares xxxxxxxxxxxx xx (2) xxxxxxxxx a xxxxxxx xxxxx xxxxx that will reduce

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