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ACCT212 Week 4 Midterm Exam

ACCT212 Week 4 Midterm Exam | Homework Help Students! | Scoop.it
(TCO 1) The Accounting Equation is used to develop the organizations financial reports. (1) Describe what owners' equity values would be if Assets are $100,000 and Liabilities are $27,000 by showin...
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(TCO 1) The Accounting Equation is used to develop the organizations financial reports. (1) Describe what owners’ equity values would be if Assets are $100,000 and Liabilities are $27,000 by showing the Accounting Equation (10 points) and (2) provide an explanation of what accounts could be found in owners’ equity. (10 points)

 

(TCO 1) The financial statements present a company to the public in financial terms. (1) Which financial statement identifies where cash was generated and where it was spent during the year (10 points) and (2) identify the three major parts of this statement. (10 points)

 

 

(TCO 1) The accounting profession follows a set of guidelines for measurement and disclosure of financial information called the Generally Accepted Accounting Principles (GAAP). (1) Explain what the International Financial Reporting Standards (IFRS) are (10 points) and (2) provide an example of its application. (10 points)(TCO 2) Transaction analysis results in the development of a journal entry. Supplies are purchased on account agreeing to pay $500 within 30 days. (1) Name the accounts impacted and how using the format account name/debit or credit/dollar amount (10 points) and (2) explain how the Accounting Equation is impacted. (10 points)

 

 

(TCO 3) Adjusting Entries are required at the end of the period to ensure that accrual accounting principles are applied. At the beginning of the month $1,350 of office supplies were purchased. There was not a beginning balance and the one purchase was the only one for the month. At the end of the month $500 of supplies remained. Develop the adjusting entry. (1) Name the accounts impacted and how using the format account name/debit or credit/dollar amount (10 points) and (2) explain how the Accounting Equation is impacted. (10 points)(TCO 5) Internal Controls are required to safeguard assets and to ensure ethical business practices. (1) Identify and explain the reason for any two of the seven internal control procedures (10 points) and (2) provide examples of how your two selected internal control procedures will meet the goal of safeguarding assets and promoting ethical business practices. (15 points)

 

 

(TCO 5) The bank account as a control device helps to protect cash. One of the requirements is to conduct periodic bank statement reconciliations. Using the following data, complete the bank statement reconciliation. (Use the format shown on page 255 of your textbook) (25 points)

 

Prepare a bank reconciliation using B & B’s Restaurant Supply Inc.’s information for August 31.

· A NSF check from Johnny Jones for $3,164.
·Two deposits made on August 31 were not on the bank statement, totaling $2,897.
·The bank collected an EFT payment for Rent for $2,600.
·August 31 balance in Cash was $2,005.
·The owner had written check # 1598 for $500 and recorded this check as $5,000.
·The balance on the bank statement as of August 31 was $5,316.
·Bank service charge of $28 was shown on the bank statement.
·Checks #1572, 1606, 1116, and 1242 for $419, $126, $650, and $1,105, respectively, were not shown on the bank statement, even though the company had sent the checks.

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ACCT 212 Course Project

ACCT 212 Course Project | Homework Help Students! | Scoop.it
This course has two course projects due. The first, Course Project 1, reinforces the basic principles of accounting and application of the accounting information system. It is completed in two part...
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This course has two course projects due. The first, Course Project 1, reinforces the basic principles of accounting and application of the accounting information system. It is completed in two parts. The second, Course Project 2, is an opportunity to show the ability to analyze financial statements to arrive at conclusions based upon the analysis.

Course Project 1 – Overview and Guidelines | Course Project 2 – Overview and Guidelines

Course Project 1 – Overview and Guidelines

 

Course Project 1 consists of two parts, A and B, respectively. There are 10 requirements for you to complete in this exercise, Part A has 1-3 and Part B has 4-10. Part A is due at the end of Week 3. Part B is due at the end of Week 5. See Syllabus/”Due Dates for Assignments & Exams” for due date information.

The Course Project 1 template has all of the information you will need to complete Parts A & B of the project. The template also includes:

Detailed Project Instructions (with requirements) A reference list of October transactions A Chart of Accounts reference sheet A Grading Rubric to help explain what is expected. Each worksheet has the Check Figures embedded as a comment.

1. Download the Excel template named ACCT212_CourseProject1 located on the Doc Sharing tab in the course shell.

2. To complete Part A (due at the end of Week 3):

Complete Requirements 1-3 on the Journal Entries, General Ledger, and Trial Balance worksheets. Type your work directly into the worksheets. Save your workbook as “CourseProject1A_ ACCT212_YourLastName”. Submit your workbook to the Dropbox under “Course Project 1-Part A” by the end of Week 3. Submit your assignment to the Dropbox located on the silver tab at the top of this page. For instructions on how to use theDropbox, read these Step-by-Step Instructions or watch this  Dropbox Tutorial.

3. To complete Part B (due at the end of Week 5):

Using feedback from your instructor and the worksheets from Part A, complete requirements 4-10. Type your work directly into the worksheets. Save your workbook as “CourseProject1B_ACCT212_YourLastName”. Submit the workbook to the Dropbox under “Course Project 1-Part B” by the end of Week 5. Submit your assignment to the Dropbox located on the silver tab at the top of this page. For instructions on how to use theDropbox, read these Step-by-Step Instructions or watch this  Dropbox Tutorial.

Course Project 2 – Overview and Guidelines

 

Course Project 2 consists of Problem 13-52A from your textbook. At the end of Course Project 2, you will be able to prepare common-size statements, analyze profitability; and make comparisons with the industry. Course Project 2 is due at the end of Week 7.

The Course Project 2 template has all of the information you will need to complete the project including:

Detailed requirements A worksheet to enter your solutions A Grading Rubric to help explain what is expected.

1. Download the Excel template named ACCT212_CourseProject2 located on the Doc Sharing tab in the course shell.

2. To complete Course Project 2 (due at the end of Week 7):

Using the requirements worksheet for reference, complete requirements 1-3 on the Your Solution worksheet. Type your work directly into the worksheet. Save your workbook as “CourseProject2_ACCT212_YourLastName”. Submit your workbook to the Dropbox under “Course Project 2″ by the end of Week 7. Submit your assignment to the Dropbox located on the silver tab at the top of this page. For instructions on how to use theDropbox, read these Step-by-Step Instructions or watch this  Dropbox Tutorial.

  
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ASHFORD SOC 402 Week 5 Final Assignment

ASHFORD SOC 402 Week 5 Final Assignment | Homework Help Students! | Scoop.it
Final Paper Select one of the following issues affecting the workplace and working environment. You may narrow the range of the topic by choosing a subtopic. Develop a paper that discusses the issu...
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Final Paper

Select one of the following issues affecting the workplace and working environment. You may narrow the range of the topic by choosing a subtopic. Develop a paper that discusses the issue you have chosen, your subtopic if applicable, and how your topic has or is affecting the work environment that you have been in or are currently a part of. Also analyze how the problem(s) could be solved using various social controls (i.e., laws, organizational policies/practices, training/education, government or corporate involvement) and determine what potential social or economic benefits may result if your recommended changes were implemented.

§ Retirement issues

§ Balancing family and work life

§ Workplace violence

§ Ethical behavior in the workplace

§ Substance abuse in the workplace

§ Sexual harassment

  
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ASHFORD SOC 402 Week 5 DQ 1 Ethics in the Workplace

ASHFORD SOC 402 Week 5 DQ 1 Ethics in the Workplace | Homework Help Students! | Scoop.it
Ethics in the Workplace. Analyze 2 of the following ethical scenarios: § Although John is an honest employee who never takes money from the company cash box, he uses the company car to run personal...
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ASHFORD SOC 402 Week 4 DQ 1 Second Shift

ASHFORD SOC 402 Week 4 DQ 1 Second Shift | Homework Help Students! | Scoop.it
Second Shift. Respond to the following questions: Among twin- income and dual-career families, do you think there will ever be an equal sharing of household work? Why or why not? There has been som...
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ASHFORD SOC 402 Week 3 Assignment Outline of Final Paper

ASHFORD SOC 402 Week 3 Assignment Outline of Final Paper | Homework Help Students! | Scoop.it
Outline of Final Paper. Review the Final Paper instructions in Week Five of the online course or in the “Components of Course Evaluation” section of this guide. Then, visit the Ashford Writing Cent...
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ASHFORD SOC 402 Week 2 DQ 1 McDonaldization

ASHFORD SOC 402 Week 2 DQ 1 McDonaldization | Homework Help Students! | Scoop.it
McDonaldization. Analyze your college or workplace using Weber's model of bureaucracy. What elements (efficiency, calculability, predictability, and control) of McDonaldization do you see? Do you w...
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ASHFORD SOC 402 Week 1 DQ 2 Qualitative Research

ASHFORD SOC 402 Week 1 DQ 2 Qualitative Research | Homework Help Students! | Scoop.it
Qualitative vs. Quantitative Research & the Methods of Social Research. Compare and contrast the advantages and disadvantages of qualitative and quantitative research. Suppose you are to study ...
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Ashford SOC 402 Entire Course Contemporary Social Problems and the Workplace

Ashford SOC 402 Entire Course Contemporary Social Problems and the Workplace | Homework Help Students! | Scoop.it
SOC 402 Week 1 DQ 1 Three Sociological Perspectives SOC 402 Week 1 DQ 2 Qualitative vs. Quantitative Research & the Methods of Social Research SOC 402 Week 2 Assignment Women and Flexibility in...
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SOC 402 Week 1 DQ 1 Three Sociological Perspectives

SOC 402 Week 1 DQ 2 Qualitative vs. Quantitative Research & the Methods of Social Research

SOC 402 Week 2 Assignment Women and Flexibility in the Workplace

SOC 402 Week 2 DQ 1 McDonaldization

SOC 402 Week 2 DQ 2 Generational Differences in the Workplace

SOC 402 Week 3 Assignment Outline of Final Paper

SOC 402 Week 3 DQ 1 Retirement

SOC 402 Week 3 DQ 2 Sexual Harassment

SOC 402 Week 4 DQ 1 Second Shift

SOC 402 Week 4 DQ 2 Substance Abuse

SOC 402 Week 5 DQ 1 Ethics in the Workplace

SOC 402 Week 5 DQ 2 Globalization

SOC 402 Week 5 Final Paper

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SOC 331 Week 5 DQ 2 Alternative to Retributive Justice

SOC 331 Week 5 DQ 2 Alternative to Retributive Justice | Homework Help Students! | Scoop.it
Alternative to Retributive Justice. In Chapter 5 of the text, the author discusses four alternatives to retributive justice: corrective justice, reformative justice, restorative justice, and transf...
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SOC 331 Week 4 Quiz

SOC 331 Week 4 Quiz | Homework Help Students! | Scoop.it
SOC 331 Week 4 Quiz
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SOC 331 Week 4 DQ 1 Commutative Justice and Embryo Adoption

SOC 331 Week 4 DQ 1 Commutative Justice and Embryo Adoption | Homework Help Students! | Scoop.it
Commutative Justice and Embryo “Adoption.” In Chapter 4 of the textbook, the author examines commutative justice as arising from contractual relationships – a specific contract among particular par...
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SOC 331 Week 3 DQ 2 Distributive Justice and Scarce Natural Resources

SOC 331 Week 3 DQ 2 Distributive Justice and Scarce Natural Resources | Homework Help Students! | Scoop.it
Distributive Justice and Scarce Natural Resources. In Chapter 3 of the text, the author calls attention to how struggles for scarce natural resources will pose increasingly difficult problems of di...
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ACCT 212 Week 1-7 Discussion Question

ACCT 212 Week 1-7 Discussion Question | Homework Help Students! | Scoop.it
Financial Statements Prepaid Expenses vs. Unearned Revenue Accrual vs. Cash Accounting Ethical Business Decisions Trade Credit - Accounts Payable Inventory Management LIFO Non-current Assets and Re...
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Financial Statements

Prepaid Expenses vs. Unearned Revenue

Accrual vs. Cash Accounting

Ethical Business Decisions

Trade Credit – Accounts Payable

Inventory Management

LIFO

Non-current Assets and Related Liabilities

Raising Capital (Cash)

Stockholders Equity

Net Income vs. Net Operating Cash

Financial Statement Analysis

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ACCT 212 Course (Discussion Questions + Midterm Exam)

ACCT 212 Course (Discussion Questions + Midterm Exam) | Homework Help Students! | Scoop.it
ACCT212 Course Project ACCT212 Week 4 Midterm Exam + Discussions:   Financial Statements Prepaid Expenses vs. Unearned Revenue Accrual vs. Cash Accounting Ethical Business Decisions Trade Cred...
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ASHFORD SOC 402 Week 5 DQ 2 Globalization

ASHFORD SOC 402 Week 5 DQ 2 Globalization | Homework Help Students! | Scoop.it
Globalization. Describe how globalization has changed the way American companies are doing business. In what ways do you believe this change has benefited American organizations and/or their custom...
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ASHFORD SOC 402 Week 4 DQ 2 Substance Abuse

ASHFORD SOC 402 Week 4 DQ 2 Substance Abuse | Homework Help Students! | Scoop.it
Substance Abuse. Substance abuse may include alcoholics and drug users, their behavior will be different than other workers on the job. In what ways can alcohol and drug use affect job performance ...
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ASHFORD SOC 402 Week 3 DQ 2 Sexual Harassment

ASHFORD SOC 402 Week 3 DQ 2 Sexual Harassment | Homework Help Students! | Scoop.it
Sexual Harassment. Here are several events that happen in the workplace. Do you believe they fall under the definition of sexual harassment? If so, why? If not, why not? a. Jane willingly dated a c...
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ASHFORD SOC 402 Week 2 DQ 2 Generational Workplace

ASHFORD SOC 402 Week 2 DQ 2 Generational Workplace | Homework Help Students! | Scoop.it
Generational Differences in the Workplace. Analyze the following scenarios: a. Bob Jackson is 44. He is the manager of operations for a mid-sized company. He is always working and many employees at...
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ASHFORD SOC 402 Week 2 Assignment Workplace

ASHFORD SOC 402 Week 2 Assignment Workplace | Homework Help Students! | Scoop.it
Women and Flexibility in the Workplace. After viewing Women as change agents in America: Part I, determine why Kathleen Christensen believes that the flexibility of women in the workplace is a soci...
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ASHFORD SOC 402 Week 1 DQ 1 Three Perspectives

ASHFORD SOC 402 Week 1 DQ 1 Three Perspectives | Homework Help Students! | Scoop.it
Three Sociological Perspectives. Compare the differences among the three major theoretical perspectives in sociology (structural-functionalism, conflict theory, and symbolic interactionism). With w...
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SOC 331 Week 5 Quiz

SOC 331 Week 5 Quiz | Homework Help Students! | Scoop.it
SOC 331 Week 5 Quiz
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SOC 331 Week 5 DQ 1 Retributive Justice and Mandatory Life Imprisonment for Juvenile Offenders

SOC 331 Week 5 DQ 1 Retributive Justice and Mandatory Life Imprisonment for Juvenile Offenders | Homework Help Students! | Scoop.it
Retributive Justice and Mandatory Life Imprisonment for Juvenile Offenders. In Chapter 5 of the textbook, the author examines retributive justice from the standpoint of the means of punishment (Sec...
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SOC 331 Week 4 DQ 2 Commutative Justice and the National Debt

SOC 331 Week 4 DQ 2 Commutative Justice and the National Debt | Homework Help Students! | Scoop.it
Commutative Justice and the National Debt. In Chapter 4 of the text, the author examines commutative justice across the generations (see Section 4.5). This idea arises from the writings of British ...
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SOC 331 Week 3 Quiz

SOC 331 Week 3 Quiz | Homework Help Students! | Scoop.it
SOC 331 Week 3 Quiz
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