1. ACC 290 Education for Service-- tutorialrank.com

2. ACC 290 Final Exam Guide (New, 2018, 100% Score) For more course tutorials visit www.tutorialrank.com Question 1 The best definition of assets is the collections of resources belonging to the company and the claims on these resources. cash owned by the company.

3. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 1 Apply Connect Assignment For more course tutorials visit www.tutorialrank.com ACC 290 Week 1 Apply Connect Assignment Complete the Week 1 Assignment in Connect. Note: You have only 1 attempt available to complete assignments. 1 Harold Joseph is a painting contractor who specializes in painting commercial buildings. At the beginning of June, his firm’s financial records showed the follo

4. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 1 Assignment Preparing an Income Statement Retained Earnings Statement and Balance Sheet For more course tutorials visit www.tutorialrank.com Purpose of Assignment The purpose of this assignment is to help students become familiar with the presentation of the income statement and the retained earnings statement, including how

5. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 1 Discussion Question 1 For more course tutorials visit www.tutorialrank.com What are the four basic financial statements? What is the primary purpose of each of the four basic financial statements? In your opinion, which financial statement is the most important? Explain why. How would the financial statements be useful to manager

6. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 1 Discussion Question 2 For more course tutorials visit www.tutorialrank.com What are debits and credits? How are debits and credits used to record business transactions? Why do accountants debit asset accounts to increase them but credit liability accounts to increase them? Why do accountants debit expenses to increase them but credit revenues to increase them?

7. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 1 Practice Connect Practice Assignment For more course tutorials visit www.tutorialrank.com ACC 290 Week 1 Practice Connect Practice Assignment Complete the Week 1 Practice in Connect. Note: You have unlimited attempts available to complete practice assignments 1 On July 1, Tommy Wrigley established Wrigle

8. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 1 Practice Quiz (New) For more course tutorials visit www.tutorialrank.com ACC 290 Week 1 Quiz Question 1 Current assets are expected to be converted to cash or consumed within the next year or the normal operating cycle, whichever is longer. Current assets are economic resources that are expected to be converted to cash or used up by the business within one year or the normal operating cycle, whichev

9. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 1 Vocabulary Activity (New) For more course tutorials visit www.tutorialrank.com WileyPLUS Assignment: Week 1 Vocabulary Activity Resource: WileyPLUS Complete the following Week 1 Assignment in WileyPLUS:

10. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 1 Wiley Plus Assignment DI 1-3, E1-3,E1-4, E2-4, IFRS2-4 (New) For more course tutorials visit www.tutorialrank.com WileyPLUS Assignment: Week 1 Assignment Resource: WileyPLUS Complete the following Week 1 Assignment

11. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 2 Apply Connect Assignment For more course tutorials visit www.tutorialrank.com ACC 290 Week 2 Apply Connect Assignment Complete the Week 2 Assignment in Connect. Note: You have only 1 attempt available to complete assignments

12. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 2 Chapter 1,2,3 Orion WileyPlus Proficiency and Practice Quiz For more course tutorials visit www.tutorialrank.com ACC 290 Chapter 1 Orion WileyPlus Build your Proficiency Q 1.1: What is the primary purpose of the statement of cash flows? Q 1.2: Which financial statement summarizes the financial position of a company? Q 1.3: Which financial statement provides information for a specific point in time? Q 1.4: The reports revenues and expenses and resulting net income or less for a perio

13. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 2 Charter for Collaborative Learning Activities For more course tutorials visit www.tutorialrank.com Resources: Week 2 Learning Team Collaborative Discussion and the Learning Team Charter for Collaborative Learning Activities Write a 150- to 200-word individual response to the following: · Consider the multiple definitions of collaboration

14. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 2 Discussion Question 1 For more course tutorials visit www.tutorialrank.com What is the revenue recognition principle? What is the expense recognition principle? Why are they important to financial reporting? What are adjusting entries and why are they necessary?

15. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 2 Discussion Question 2 For more course tutorials visit www.tutorialrank.com What accounts are subject to adjusting journal entries and why? How would you explain the purpose of the adjusted trial balance?

16. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 2 LT Reflection Summary For more course tutorials visit www.tutorialrank.com Discuss the objectives for ACC 290 Week One. How do they relate to the practice of accounting and its uses in business? Identify the four basic financial statements. Classify transactions using the rules of debit and credit. Journalize basic transactions. Discuss how financial statements would be useful to external users such as investors and creditors. Write a 350 to 500 word summ

17. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 2 LT Reflection Summary (New) For more course tutorials visit www.tutorialrank.com Discuss the objectives for ACC 290 Week Two. What do you think will be the most important of the skills learned when you are in an accounting position? Differentiate between accrual basis and cash basis of

18. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 2 LT Reflection Summary For more course tutorials visit www.tutorialrank.com Discuss the objectives for ACC 290 Week One. How do they relate to the practice of accounting and its uses in business? Identify the four basic financial statements. Classify transactions using the rules of debit and credit. Journalize basic transactions. Discuss how financ

19. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 2 Practice Connect Practice Assignment For more course tutorials visit www.tutorialrank.com ACC 290 Week 2 Practice: Connect Practice Assignment Complete the Week 2 Practice in Connect. Note: You have unlimited attempts available to complete practice assignments

20. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 2 Practice Quiz (New) For more course tutorials visit www.tutorialrank.com ACC 290 Week 2 Quiz Question 1 Expenses decrease retained earnings. Question 2 During 2014, Gibson Company assets decreased $50,000 and its liabilities decreased $90,000. Its stockholders’ equity

21. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 2 Vocabulary Activity (New) For more course tutorials visit www.tutorialrank.com WileyPLUS Assignment: Week 2 Vocabulary Activity Resource: WileyPLUS Complete the following Week 2 Assignment in WileyPLUS:

22. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 2 WileyPlus Assignment BYP2-2, IFRS2-6, E3-4, E3- 8, BYP 3-2, IFRS 3-2, P3-5, P3-6 (New) For more course tutorials visit www.tutorialrank.com WileyPLUS Assignment: Week 2 Assignment Resource: WileyPLUS Complete the following Week 2 Assignment in WileyPLUS: BYP 2-2

23. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 3 Apply Connect Assignment For more course tutorials visit www.tutorialrank.com ACC 290 Week 3 Apply Connect Assignment Complete the Week 3 Assignment in Connect. Note: You have only 1 attempt available to complete

24. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 3 by 4 Learning Team Financial Reporting Problem Part 1 (New) For more course tutorials visit www.tutorialrank.com Financial Reporting Problem Part I Browse the Internet to acquire a copy of the most recent annual report for a publicly traded company. Analyze the information contained in the company’s balance sheet and

25. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 3 Chapter 4,5 Orion WileyPlus Proficiency and Practice Quiz For more course tutorials visit www.tutorialrank.com ACC 290 Chapter 4 Orion WileyPlus Build your Proficiency Q 4.1: Which of the following statements about accrual-basis accounting is NOT true?

26. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 3 Discussion Question 1 For more course tutorials visit www.tutorialrank.com What are the steps in completing the accounting cycle? How do the different steps affect the financial statements? What is the effect on the financial statements of missing a step when completing the accounting cycle? What are the four closing journal entries? Why are they necessary? What are reversing entries? Why are they used? What are the pros and cons of using reversing entries?

27. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 3 Discussion Question 2 For more course tutorials visit www.tutorialrank.com What are the pros and cons of using reversing entries? Why are reversing entries optional? What is the main purpose of a financial statement worksheet and its benefits? How has automation aided the preparation, accuracy, and use of the financial statement worksheet?

28. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 3 LT Reflection Summary For more course tutorials visit www.tutorialrank.com Discuss the objectives for ACC 290 Week Two. What do you think will be the most important of the skills learned when you are in an accounting position? Differentiate between accrual basis and cash basis of accounting. Create Adjusting Entries. Prepare an adjusted trial balance. Write a 350 to 500 word summary of your Learning Team’s discussion.

29. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 3 Practice Connect Practice Assignment For more course tutorials visit www.tutorialrank.com ACC 290 Week 3 Practice Connect Practice Assignment Complete the Week3 Practice in Connect. Note: You have unlimited attempts available to complete practice assignments 1

30. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 3 Practice Quiz (New) For more course tutorials visit www.tutorialrank.com ACC 290 Week 3 Quiz Question 1 The revenue recognition principle dictates that revenue is recognized in the period in which the cash is received. Question 2 The generally accepted accounting principle which dictates that revenue be recognized in the accounting period in which the performance obligation is satisfi

31. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 3 Problem 5-5A (Simon Company) For more course tutorials visit www.tutorialrank.com Purpose of Assignment The purpose of this assignment is to help you become familiar with the parts of the multiple ‐ step income statement. Assignment Steps

32. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 3 Vocabulary Activity (New) For more course tutorials visit www.tutorialrank.com WileyPLUS Assignment: Week 3 Practice Quiz Resource: WileyPLUS Complete the following Week 3 Assignment in WileyPLUS:

33. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 3 WileyPlus Assignment BE4-1, P4-2A, P4-3A, BYP4- 1, IFRS PQ-1, PQ-2, PQ-3, PQ-4(New) For more course tutorials visit www.tutorialrank.com Assignment: Week 3 Assignment Complete the following Week 3 Assignment Brief Exercise 4-1 Problem 4-2A

34. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 4 Apply Connect Assignment For more course tutorials visit www.tutorialrank.com ACC 290 Week 4 Apply Connect Assignment Complete the Week 4 Assignment in Connect. Note: You have only 1 attempt available to complete assignments 1

35. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 4 by 5 Individual Assignment Financial Reporting Problem Part II (New) For more course tutorials visit www.tutorialrank.com Financial Reporting Problem Part II Access the internet to acquire a copy of the most recent annual report for the public traded company used to complete the Financial Reporting Problem, Part 1 assignment due in ACC 290 Week Four. Analyze the information contained in the company’s balance sheet and income statement to answer the following questions: Are the assets included under the company’s current assets listed in the proper order? Explain your answer. How are the company’s assets classified? What are cash equivalents?

36. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 4 Chapter 6 Orion WileyPlus Proficiency and Practice Quiz For more course tutorials visit www.tutorialrank.com ACC 290 Chapter 6 Orion WileyPlus Build your Proficiency Q 6.1: Where is inventory reported? Q 6.2: ________ are items that will eventually be used in production Q 6.3: How is inventory ready for sale classified in a manufacturing company? Q 6.4: In the perpetual inventory system, which of the

37. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 4 Discussion Question 1 For more course tutorials visit www.tutorialrank.com How would you calculate cost of goods sold? What items make up cost of goods sold? How does beginning and ending inventory affect cost of goods sold? What are the journal entries a merchandising organization would use to record the purchase and subsequent sale of merchandise? How would these transactions differ with a periodic versus a perpetual invento

38. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 4 Discussion Question 2 For more course tutorials visit www.tutorialrank.com What are the three different inventory cost flow assumptions commonly used in commerce today and allowed by generally accepted accounting principles? How does a company determine what cost flow assumption they should use? How does first in, first out cost flow assumption work? When it is most appropriate to use? How does last in, first out cost flow assumption work

39. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 4 LT Reflection Summary For more course tutorials visit www.tutorialrank.com Reflection and Financial Reporting Problem Part I. Discuss the objectives for ACC 290 Week Three. How do they relate to the practice of accounting and its uses in business? Prepare closing entries, reversing entries, and a post closing trial balance. Prepare a financial statement work sheet. Prepare a classified income st

40. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 4 Practice Connect Practice Assignment For more course tutorials visit www.tutorialrank.com ACC 290 Week 4 Practice Connect Practice Assignment Complete the Week 4 Practice in Connect. Note: You have unlimited attempts available to complete practice assignments.

41. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 4 Practice Quiz (New) For more course tutorials visit www.tutorialrank.com ACC 290 Week 4 Practice Quiz Question 1 A service company's operating cycle is ordinarily shorter than that of a merchandising company. The operating cycle of a merchandising company is ordinarily shorter than that of a service company. Question 2

42. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 4 Vocabulary Activity (New) For more course tutorials visit www.tutorialrank.com WileyPLUS Assignment: Week 4 Vocabulary Activity Resource: WileyPLUS Complete the following Week 4 Assignment in WileyPLUS:

43. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 4 Wileyplus Assignment P4-8A, BYP5-1, BYP5-2, BE5-1, BE5-2, IFRS5-2, IFRS5-4, PQ-1, PQ-2, PQ-3 (New) For more course tutorials visit www.tutorialrank.com Week 4 Assignment Complete the following Week 4 Assignment in

44. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 4Evaluate The Inventory Section Of Two companies Using Basic Comparative Analysis For more course tutorials visit www.tutorialrank.com The purpose of this assignment is to evaluate the inventory section of two companies using basic comparative analysis, and to interpret the data to gain insight about the company's inventory management. Assignment Steps

45. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 5 Apply Connect Assignment For more course tutorials visit www.tutorialrank.com ACC 290 Week 5 Apply Connect Assignment Complete the Week 5 Assignment in Connect. Note: You have only 1 attempt available to complete assignments 1 On December 31, after adjustments, Gonzalez Company’s ledger contains the following account balances: 101 Cash $ 30,200 Dr. 111 Accounts Receivable 16,100 Dr.

46. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 5 Discussion Question 1 For more course tutorials visit www.tutorialrank.com What is the control environment? How does the control environment affect a company’s internal controls? What are the negative and positive elements of a control environment? What are two examples of strong and weak internal controls in organizations where you have worked or have first-hand knowledge? How are these different? How would you describe the key internal controls that should be in place to protect cash in a cash rich environment such as a merchandiser? W

47. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 5 IFRS Paper (New) For more course tutorials visit www.tutorialrank.com IFRS 2-1: In what ways does the format of a statement of financial of position under IFRS often differ from a balance sheet presented under GAAP?

48. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 5 Learning Team Reflection Summary (New) For more course tutorials visit www.tutorialrank.com Reflection and Financial Reporting Problem Part II. Discuss the objectives for ACC 290 Week Four. In the wake of accounting scandals over the past several years, how has the Sarbanes-Oxley Act (SOX) of 2002

49. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 5 Practice Connect Practice Assignment For more course tutorials visit www.tutorialrank.com ACC 290 Week 5 Practice Connect Practice Assignment Complete the Week 5 Practice in Connect. Note: You have unlimited attempts available to complete practice assignments.

50. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 5 Preparing Comprehensive Bank Reconciliation (Daisey Company) For more course tutorials visit www.tutorialrank.com Purpose of Assignment Reconciling bank accounts is a good way to help maintain internal controls over cash. With time lags and posting errors it is easy for cash transactions to be

51. ACC 290 Education for Service-- tutorialrank.com ACC 290 Week 5 WileyPlus Assignment BE6-5, BE6-7, BYP6-1, BYP6-2, BE7-4, BE7-6, IFRS PQ-1, PFRS PQ-2 (New) For more course tutorials visit www.tutorialrank.com Assignment: Week 5 Assignment Complete the following Week 5 Assignment

52. ACC 290 Education for Service-- tutorialrank.com