ACCT 304 Week 5 Quiz  1. (TCO 7) Cash may not include  2. (TCO 7) On November 10 of the current year, Flores Mills sold carpet to a customer for $8,000 with credit terms 2/10, n/30. Flores uses the gross method of accounting for cash discounts. What is the correct entry for Flores on November 10?  3. (TCO 7) Which of the following does not change the balance in accounts receivable?  4. (TCO 7) Brockton Carpet Cleaning prepares a bank reconciliation at the end of every month. At the end of…

Best Resources for Homework Help, Study Guide, Assignment, Quiz and Final Exam.

ACCT 304 Week 4 Quiz  1. (TCO 5) Slick’s Used Cars sells pre-owned cars on an installment basis and carries its own notes because its customers typically cannot qualify for a bank loan. Default rates tend to be high or unpredictable. However, in the event of nonpayment, Slick’s can usually repossess the cars without loss. The revenue method Slick would use is the  2. (TCO 5) On December 15, 2011, Rigsby Sales Co. sold a tract of land that cost $3,600,000 for $4,500,000. Rigsby appropriately…

PROJ 595 Week 5 Quiz Questions and Answers. Best Resources for Homework Help, Study Guide, Assignment, Quiz and Final Exam.

ACCT 304 Week 3 Quiz  1. (TCO 5) Popson Inc. incurred a material loss that was not unusual in character, but was clearly an infrequent occurrence. This loss should be reported as  2. (TCO 5) Provincial Inc. reported the following before-tax income statement items:  Operations income: $600,000Extraordinary loss: $ 100,000  Extraordinary gain: $60,000  Provincial has a 30% income tax rate.  Provincial would report the following amount of income tax expense as a separate item in the income…

ACCT 304 Week 3 Quiz 1. (TCO 5) Popson Inc. incurred a material loss that was not unusual in character, but was clearly an infrequent occurrence. This loss should be reported as 2. (TCO 5) Provincial Inc. reported the following before-tax income statement items: Operations income: $600,000Extraordinary loss: $ 100,000 Extraordinary gain: $60,000 Provincial has a 30% income tax rate. Provincial would report the following amount of income tax expense as a separate item in the income…

ACCT 304 Week 2 Quiz  1. (TCO 4) Current assets include cash and all other assets expected to become cash or be consumed  2. (TCO 4) Rent collected in advance is  3. (TCO 4) Janson Corporation Co.’s trial balance included the following account balances at December 31, 2011:  What amount should be included in the current liability section of Janson’s December 31, 2011 balance sheet?  4. (TCO 4) Which of the following would be disclosed in the summary of significant accounting policies…

Best Resources for Homework Help, Study Guide, Assignment, Quiz and Final Exam.

ACCT 304 Week 1 Quiz  1. (TCO 1) Which of the following was the first private sector entity that set accounting standards in the United States?  2. (TCO 2) The enhancing qualitative characteristic of understandability means that information should be understood by  3. (TCO 3) XYZ Corporation receives $100,000 from investors for issuing them shares of its stock. XYZ’s journal entry to record this transaction would include a  4. (TCO 3) Cal Farms reported a supplies expense of $2,000,000 this…

ACCT 304 Week 1 Quiz 1. (TCO 1) Which of the following was the first private sector entity that set accounting standards in the United States? 2. (TCO 2) The enhancing qualitative characteristic of understandability means that information should be understood by 3. (TCO 3) XYZ Corporation receives $100,000 from investors for issuing them shares of its stock. XYZ’s journal entry to record this transaction would include a 4. (TCO 3) Cal Farms reported a supplies expense of $2,000,000 this…

ACCT 304 Midterm Exam 2  1. (TCO 1) One of the implications of technology in HRM is  2. (TCO 1) All of these are workforce diversity characteristics, except  3. (TCO 2) A small distribution organization uses a payroll company to provide employee compensation services and keep timesheet records and employee attendance history. This situation is an example of  4. (TCO 2) A large manufacturing organization with 20 geographically dispersed production facilities recently cut its HRM staff by…

ACCT 304 Midterm Exam 2 1. (TCO 1) One of the implications of technology in HRM is 2. (TCO 1) All of these are workforce diversity characteristics, except 3. (TCO 2) A small distribution organization uses a payroll company to provide employee compensation services and keep timesheet records and employee attendance history. This situation is an example of 4. (TCO 2) A large manufacturing organization with 20 geographically dispersed production facilities recently cut its HRM staff by…

ACCT 304 Midterm Exam 1  1. (TCO 1) Which of the following has the authority to set accounting standards in the United States?  2. (TCO 2) The conceptual framework’s qualitative characteristic of faithful representation includes:  3. (TCO 3) A sale on account would be recorded by:  4. (TCO 3) When a tenant makes an end-of-period adjusting entry credit to the “Prepaid rent” account:  5. (TCO 3) Permanent accounts would not include:  6. (TCO 4) Noncurrent assets include:  7. (TCO 4) The…

ACCT 304 Midterm Exam 1 1. (TCO 1) Which of the following has the authority to set accounting standards in the United States? 2. (TCO 2) The conceptual framework’s qualitative characteristic of faithful representation includes: 3. (TCO 3) A sale on account would be recorded by: 4. (TCO 3) When a tenant makes an end-of-period adjusting entry credit to the “Prepaid rent” account: 5. (TCO 3) Permanent accounts would not include: 6. (TCO 4) Noncurrent assets include: 7. (TCO 4) The…

ACCT 304 Week 7 Homework Exercise E9-1, E9-8, E9-13, E9-26

Course Resources: ACCT 312 Coursework Week 1 - Useful guidance material for DeVry University students to secure higher grades.

ACCT 304 Week 5 Homework Exercise E7-1, E7-5, E7-8, E7-28, E7-29

Course Resources: ACCT 312 Coursework Week 1 - Useful guidance material for DeVry University students to secure higher grades.

ACCT 304 Week 3 Homework Exercise E4-1, 4-3, 4-14, 4-15, 4-16

Course Resources: ACCT 312 Coursework Week 1 - Useful guidance material for DeVry University students to secure higher grades.

ACCT 304 Week 2 Homework Exercise E3-2, E3-3, E3-4

Course Resources: ACCT 312 Coursework Week 1 - Useful guidance material for DeVry University students to secure higher grades.

ACCT 304 Week 1 Homework Exercise E1-7, E2-4, E2-8, E2-12

Course Resources: ACCT 312 Coursework Week 1 - Useful guidance material for DeVry University students to secure higher grades.

ACCT 304 Discussion Questions  ACCT 304 Week 1 DQ 1, Development of Accounting Standards  ACCT 304 Week 1 DQ 2, Accounting Conceptual Framework  ACCT 304 Week 2 DQ 1, Balance Sheet- Purpose and Uses  ACCT 304 Week 2 DQ 2, Disclosure Notes  ACCT 304 Week 3 DQ 1, Income Statement  ACCT 304 Week 3 DQ 2, Cash-Flow Statement  ACCT 304 Week 4 DQ 1, Revenue Recognition  ACCT 304 Week 4 DQ 2, Time Value of Money Concepts  ACCT 304 Week 5 DQ 1, Cash  ACCT 304 Week 5 DQ 2, Receivables  ACCT 304 Week…

ACCT 304 Discussion Questions ACCT 304 Week 1 DQ 1, Development of Accounting Standards ACCT 304 Week 1 DQ 2, Accounting Conceptual Framework ACCT 304 Week 2 DQ 1, Balance Sheet- Purpose and Uses ACCT 304 Week 2 DQ 2, Disclosure Notes ACCT 304 Week 3 DQ 1, Income Statement ACCT 304 Week 3 DQ 2, Cash-Flow Statement ACCT 304 Week 4 DQ 1, Revenue Recognition ACCT 304 Week 4 DQ 2, Time Value of Money Concepts ACCT 304 Week 5 DQ 1, Cash ACCT 304 Week 5 DQ 2, Receivables ACCT 304 Week…

Pinterest
Search