ACC 557 Entire Course Financial Accounting

ACC 557 Entire Course Financial Accounting in $149 Only

ACC 557 Financial Accounting Assignments, Discussions, Homework and Quizzes

 ACC 557 Week 1 DQ1

Improper or Illegal Methods

From the e-Activity, identify the company, the accounting impropriety or illegality, how it was detected, the outcome, and propose a strategy that might have prevented the situation. Indicate how the strategy should be implemented.Assess the impact to the company’s financial performance based on the impropriety and the resulting effect to stakeholder confidence in management, recommending how the company can minimize the resulting impact to the business.

ACC 557 Week 1 DQ2

Strayer Univ ACC 557 Assignment Exercises

Strayer Univ ACC 557 Assignment Exercises in $15 only

Directions: Answer the following questions on a separate Microsoft Word or Excel document. Explain how you reached the answer or show your work if a mathematical calculation is needed, or both. Submit your assignment using the assignment link in Blackboard.

Exercises

E13-3. Cushenberry Corporation C had the following transactions.

  • Sold land (cost $12,000) for $15,000.
  • Issued common stock at par for $20,000.
  • Recorded depreciation on buildings for $17,000.
  • Paid salaries of $9,000.
  • Issued 1,000 shares of $1 par value common stock for equipment worth $8,000.
  • Sold equipment (cost $10,000, accumulated depreciation $7,000) for $1,200.

Instructions

For each transaction above, (a) prepare the journal entry, and (b) indicate how it would affect the statement of cash ?ows using the indirect method.

E13-4. Gutierrez Company reported net income of $225,000 for 2015. Gutierrez also reported depreciation expense of $45,000 and a loss of $5,000 on the disposal of equipment. The comparative balance sheet shows a decrease in accounts receivable of $15,000 for the year, a $17,000 increase in accounts payable, and a $4,000 decrease in prepaid expenses.

Strayer ACC557 Full Course Latest 2015

Strayer ACC557 Full Course Latest 2015 Oct [ All Discussions all homework [ week 2,4,,8,and 9 ] and Midterm Exam in $139 only

week 1

“General Accounting Principles” Please respond to the following:

Watch the video titled, “Bookkeeping” (5 min 46 s) from the lynda.com video series Accounting Fundamentals with Kay Stice and Jim Stice athttp://www.lynda.com/Business-Accounting-tutorials/Bookkeeping/158665/176132-4.html?org=strayer.edu. Next, consider the following statement: “Bookkeeping and accounting are the same.” In terms of your role in the provision of financial services, present data to support the accuracy of this statement and support your position.
Watch the video titled “The Basic Accounting Equation” https://www.youtube.com/watch?v=cLG7K6Sq9K4 (6 min 33 s). Next, analyze the accounting equation as a concept that underpins the work of professional accountants and how an understanding of the equation can impact business decision making.

week 2

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