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devry acct212 full course [ all week discussion both full course project midterm ]

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Question;weeek 1 discnFinancial Statements (graded)I suspect that most of us can view and appreciate most sports such as baseball, football, and basketball. What if you were to view a Cricket World Cup game? If you didn't know the rules you probably would not have much fun. The same happens in business if you don't understand its language - Accounting. What rules impact a business' Accounting Information System? What types of compliance is required?Course Project 1 Part A (graded)In this graded discussion, we will be examining the operation of the Accounting Information System (AIS) with the use of problems and exercises from your textbook. The goal is to cover all of the requirements to ensure an opportunity for your successful completion of Course Project 1. Let's start with Exercise 1-17A. Read about CoffeeShop Doughnuts and select one of the four requirements to answer.weeek 2Accounting System (graded)Last week, we discussed "The Language of Business" and why the accounting information system is important in business. This week, we are going to look at the mechanics of how it all works. It might be a bit easier if we started with an example which would be the Genie Car Wash, Inc. in Chapter 2 of your textbook. Pick a transaction from Genie and let us know how it impacts the accounting equation. Make sure to identify the two accounts impacted. Why is it important to record your selected transaction?Course Project 1: Part A (graded)In this graded discussion, we will be examining the operation of the Accounting Information System (AIS) with the use of problems and exercises from your textbook. The goal is to cover all of the requirements to ensure an opportunity for your successful completion of Course Project 1. As you complete the requirements of Week 2, you should review the Course Project tab in Course Home, as you could start work on Project 1. The template for Course Project 1 Parts A & B is located in Doc Sharing.Let's start with Exercise 2-16A. Select one of the nine financial transactions of the medical practice of Bob Morin, P.C. Develop a journal entry with date and explanation. Post it in this discussion and then conduct peer reviews of your classmates. The next requirement is to select one of the five questions (a-e) and post an answer. Do show your computations.week 3Ethical Business Decisions (graded)Unfortunately, a quick scan of the business news will normally result in reports of unethical business behavior. To prove this point, let's start with a review of the news for stories about fraud and other unethical behavior in business. You can use the University Library to start your search. Once you have located an article share it with the class by developing a summary of the important information. Make sure that you give credit to your source.Course Project 1 Part A (graded)Go to Course Home and review the Course Project tab. Then download the Course Project template from Doc Sharing. In this graded discussion, we will be examining the operation of the Accounting Information System (AIS) with the use of problems and exercises from your textbook. The goal is to cover all of the requirements to ensure an opportunity for your successful completion of Course Project 1.Let's start with a review of the three requirements of Part A of the Course Project. Explain why it is important to analyze each financial transaction of a business and to report it in the Accounting Information System. Suggestion: Revisit and review the Lecture tab in Weeks 1 and 2.week 4="color:>Inventory Management (graded)A review of the balance sheet of a retailer, such as Wal-Mart, will disclose that in current assets the majority investment is in inventory. With manufacturers, such as Ford, the inventory is spread between three different categories. Let's start our discussion with some basic inventory questions. How is inventory valued? Which inventory valuation method is most popular and why? What impact on the financial reports can the selection of an inventory valuation method have?Course Project 1 Part A (graded)Go to Course Home and review the Course Project tab. Continue to use the Course Project template from Doc Sharing. In this graded discussion, we will be examining the operation of the Accounting Information System (AIS) with the use of problems and exercises from your textbook. The goal is to cover all of the requirements to ensure an opportunity for your successful completion of Course Project 1 - Part B.Let's start with Exercise 3-22A and practice developing journal entries to make adjustments. Select one of the six transactions and develop the adjusting journal entry. If you are using an example found in the textbook do mention the page number.week 5 Non-Current Assets and Related Liabilities (graded)In the spotlight about FedEx Corporation, you get a feel for the amount of investment in assets and the resulting liabilities that are required to operate a competitive corporation. Even small businesses require plant, property, and equipment to compete and normally rely on some form of debt to finance themselves. Let's start up a company that sells auto parts, like Napa or Auto Zone. What assets would we require? How might we finance them?This section lists options that can be used to view responses.Course Project 1: Part B (graded)Go to Course Home and review the Course Project tab. Continue to use the Course Project template from Doc Sharing. In this graded discussion, we will be examining the operation of the Accounting Information System (AIS) with the use of problems and exercises from your textbook. The goal is to cover all of the requirements to ensure an opportunity for your successful completion of Course Project 1: Part B.Let's start with Exercise 3-31A. For the Anderson Production Company, select one adjusting and one closing entry requirement. Develop the journal entry for review by your peers. Make sure to reference any page numbers of examples you are using. Hint: Revisit the Week 2 Lecture.week 6Stockholders' Equity (graded)When forming a company, the options are sole proprietor, partnership, and corporation. Most choose corporation. Why is the corporate form seen to be best? What rights do the stockholders have?Course Project 2 (graded)Go to Course Home and review the Course Project tab. In this graded discussion, we will be examining the process of evaluating the financial performance and health of a company with the use of problems and exercises from your textbook. The goal is to cover all of the requirements to ensure an opportunity for your successful completion of Course Project 2.Let's start with gaining an understanding of the Statement of Cash Flows. From Exercise 12-17A, select one of the journal entries and explain how the accounts in the journal entry impact the statement of cash flows.week 7Financial Statement Analysis (graded)If you were to get a physical from your doctor and he or she only took your blood pressure prior to stating that you are in good health, would you be concerned? If you have noticed in your readings, starting in Chapter 3, there has been explanation of the methods by which you could determine the financial health of a company. Name one and explain how it is computed. Which financial statement(s) does the input come from? Most importantly, what does it tell you about the financial performance or health?Course Project 2 (graded)Go to Course Home and review the Course Project tab. In this graded discussion, we will be examining the process of evaluating the financial performance and health of a company with the use of problems and exercises from your textbook. The goal is to cover all of the requirements to ensure an opportunity for your successful completion of Course Project 2.Let's start with Exercise 13-19A by preparing a common-size income statement for the McMahon Music Co. Do this in Excel. Do not post your spreadsheet in the discussion, but rather, place a screenshot of it. How did you format the cells? Any suggestions on where to obtain assistance with building the spreadsheet?Course Project 1 - Overview and GuideliCourse 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 transactionsA Chart of Accounts reference sheetA Grading Rubric to help explain what is expected.Each worksheet has the Check Figures embedded as a comment.Download the Excel template named ACCT212_CourseProject1 located on the Doc Sharing tab in the course shell.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 the Dropbox, read thes or watch this Tutorial 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. Course Project 2 - Overview and GuidelinesThe Course Project 2 template has all of the information you will need to complete the project including:Course Project 2 satisfies the course description. At the end of Course Project 2, you will be able to prepare common-size statements, analyze profitability, and make comparisons with the industry allowing you to make informed business decisions. Course Project 2 is due at the end of Week 7.Detailed requirementsA worksheet to enter your solutionsA Grading Rubric to help explain what is expected.Download the Excel template named ACCT212_CourseProject2 located on the Doc Sharing tab in the course shell.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 7midtermm;Page: 1 2;Question 1. Question;(TCO 1) The Accounting;Equation is used to develop the organization's financial reports. (1) Describe;what liabilities value would be if Assets are $50,000 and Owners' Equity is;$25,000 by showing the Accounting Equation (10 points) and (2) provide an;example of two liability accounts. (10 points);Comments;Question 2. Question;(TCO 1) The financial;statements present a company to the public in financial terms. (1) Which;financial statement requires input from the Income Statement and Statement of;Retained Earnings (10 points), and (2) explain what information this financial;statement provides. (10 points).;Comments;Question 3. Question;(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 Going-concern Assumption is (10 points) and (2);provide an example of its application. (10 points);Comments;Question 4. Question;(TCO 2) Transaction analysis;results in the development of a journal entry. In the start-up of a business;the owner contributes $750,000 of cash. (1) Name the accounts impacted and how;to use the format account name/debit or credit/dollar amount (10 points), and;(2) explain how the Accounting Equation is impacted. (10 points);Question 5. Question;(TCO 3) Adjusting Entries are;required at the end of the period to ensure that accrual accounting principles;are applied. The building that houses the business is depreciated at an annual;rate of $14,000. Develop the adjusting entry for year end. (1) Name the;accounts impacted and how to use the format account name/debit or credit/dollar;amount (10 points), and (2) explain how the Accounting Equation is impacted.;(10 points);Comments;(TCO 5) E-commerce creates its own risks, and therefore;special internal controls. (1) Identify and explain one pitfall and one;security measure for an online business (10 points) and (2) provide examples of;how your selected security measure will strengthen internal control. (15;points);Comments;Question 2. Question;(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 for J & J Flooring, Inc. (Use the format;shown on page 251 of your textbook.) (25 points);?????????The bank statement indicated a service charge of;$56.;?????????J & J made a deposit on May 31, but this;deposit did not appear on the bank statement, $1,451.;?????????A credit memo in the bank statement indicated a;bank collection of a note for $1,300 with interest received of $16. This item;was dated May 18.;?????????Also included in the bank statement was a debit;memo for a NSF check for $314 from Barney Smythe.;?????????Checks #1406 for $1,342, #1610 for $1,609, and;#1825 for $857 were written by J & J and sent to the respective companies;but these checks do not appear on the bank statement.;?????????The balance on the bank statement as of May 31 was;$13,019.;?????????The Cash account on Janus? books showed an amount;of $9,716.

 

Paper#43593 | Written in 18-Jul-2015

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