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ACC 421Week 1 Discussion Question 1

ACC 421Week 1 Discussion Question 2

ACC 421 Week 1 IndividualAccounting Cycle Paper

ACC 421 Week 2 Discussion Question 1

ACC 421 Week 2 Discussion Question 2

ACC 421 Week 2 IndividualAssignments

ACC 421 Week 2 Learning TeamAssignments From the Text

ACC 421 Week 3 Discussion Question 1

ACC 421 Week 3 Discussion Question 2

ACC 421 Week 3 Individual Assignment P1,P2,P3 And P4

ACC 421 Week 3 Team Assignment P4-3,E18-15 And P18-7

ACC 421 Week 4 Discussion Question 1

ACC 421 Week 4 Discussion Question 2

ACC 421 Week 4 Individual Assignment P1,P2,P3 And P4

ACC 421 Week 4 Team Assignment P5-3 And CA24-2

ACC 421 Week 5 IndividualAssignments

ACC 421 Week 5 Learning TeamAssignments From the Text

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ACC 421 Week 1 IndividualAccounting Cycle Paper

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Prepare a 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 Individual Assignments

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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.

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ACC 421 Week 2 Learning Team Assignments From the Text

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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 Individual Assignment P1,P2,P3 And P4

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Submit responses to the individual assignment for week 3 posted in the Course-Materials forum.

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 Decemb

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ACC 421 Week 3 Team Assignment P4-3,E18-15 And P18-7

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Resources: Intermediate Accounting

Write responses to Problems P4-3 in Ch. 4 and Problems P18-7 & E18-15 in Ch. 18 of Intermediate Accounting.

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ACC 421 Week 4 Individual Assignment P1,P2,P3 And P4

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Submit responses to the individual assignment for week 4 posted in the Course-Materials 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

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ACC 421 Week 4 Team Assignment P5-3 And CA24-2

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Resource: Intermediate Accounting

Write responses 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 IndividualAssignments

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Submit responses to the individual assignment for week 5 posted in the Course-Materials 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%

ACC421

Compute the requested item for each of the following:

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ACC 421 Week 5 Learning Team Assignments From the Text

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AResource: Intermediate Accounting

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

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